Who owns Carvana (CVNA)
Which tracked institutional funds hold CVNA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CVNA company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
252 tracked funds added or opened CVNA while 183 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
CVNA’s largest tracked holder by dollar value, PRICE T ROWE ASSOCIATES INC /MD/, sizes it at 0.6% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in CVNA divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 762 tracked filers holding CVNA, 731 increased or opened the position and 181 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in CVNA between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 51
- Axxion S.A.$127M
- Electron Capital Partners, LLC$54M
- GOLDENTREE ASSET MANAGEMENT LP$51M
- WORLDQUANT MILLENNIUM ADVISORS LLC$49M
- WINTON GROUP Ltd$23M
- Nykredit A/S$18M
Full exits 80
- Aspex Management (HK) Ltd$572M
- Dragoneer Investment Group, LLC$394M
- HRT FINANCIAL LP$180M
- Amundi$159M
- LORD, ABBETT & CO. LLC$85M
- CAPITOLIS LIQUID GLOBAL MARKETS LLC$74M
Largest adds
- Capital Research Global Investors$763M
- Capital International Investors$485M
- NORGES BANK$234M
- Divisadero Street Capital Management, LP$203M
- ALLIANCEBERNSTEIN L.P.$180M
- Invesco Ltd.$173M
Largest trims
- Lingotto Investment Management LLP$190M
- JPMORGAN CHASE & CO$189M
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/$140M
- GEODE CAPITAL MANAGEMENT, LLC$134M
- FMR LLC$128M
- FEDERATED HERMES, INC.$113M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| PRICE T ROWE ASSOCIATES INC /MD/ added | 84,695,539 | $5.6B | 12.4% | 2026-Q2 |
| Capital Research Global Investors added | 63,423,386 | $4.2B | 9.3% | 2026-Q2 |
| BlackRock, Inc. added | 48,494,910 | $3.2B | 7.1% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 45,590,117 | $3.0B | 6.7% | 2026-Q2 |
| FMR LLC added | 33,604,708 | $2.2B | 4.9% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 32,154,471 | $2.1B | 4.7% | 2026-Q2 |
| STATE STREET CORP added | 29,435,364 | $1.9B | 4.3% | 2026-Q2 |
| Capital International Investors added | 23,257,742 | $1.5B | 3.4% | 2026-Q2 |
| CAS Investment Partners, LLC added | 22,559,570 | $1.5B | 3.3% | 2026-Q2 |
| GREENOAKS LLC added | 21,344,170 | $1.4B | 3.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 16,653,349 | $1.1B | 2.4% | 2026-Q2 |
| Capital World Investors added | 14,200,258 | $935M | 2.1% | 2026-Q2 |
| VIKING GLOBAL INVESTORS LP added | 12,322,311 | $811M | 1.8% | 2026-Q2 |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC added | 11,675,000 | $768M | 1.7% | 2026-Q2 |
| LONE PINE CAPITAL LLC added | 10,520,666 | $692M | 1.5% | 2026-Q2 |
| Lingotto Investment Management LLP added | 9,283,819 | $611M | 1.4% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 8,617,436 | $549M | 1.2% | 2026-Q2 |
| SANDS CAPITAL MANAGEMENT, LLC added | 8,462,945 | $557M | 1.2% | 2026-Q2 |
| Invesco Ltd. added | 7,616,853 | $501M | 1.1% | 2026-Q2 |
| KPS Global Asset Management UK Ltd added | 7,500,000 | $494M | 1.1% | 2026-Q2 |
| Durable Capital Partners LP added | 6,720,882 | $442M | 1.0% | 2026-Q2 |
| MORGAN STANLEY added | 6,370,368 | $419M | 0.9% | 2026-Q2 |
| NORTHERN TRUST CORP added | 6,168,923 | $406M | 0.9% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 5,538,645 | $365M | 0.8% | 2026-Q2 |
| NORGES BANK added | 5,243,494 | $345M | 0.8% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 5,122,450 | $337M | 0.7% | 2026-Q2 |
| UBS Group AG added | 4,507,857 | $297M | 0.7% | 2026-Q2 |
| Sachem Head Capital Management LP added | 4,475,000 | $295M | 0.7% | 2026-Q2 |
| Whale Rock Capital Management LLC added | 4,267,080 | $281M | 0.6% | 2026-Q2 |
| Divisadero Street Capital Management, LP added | 4,163,614 | $274M | 0.6% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 4,082,645 | $269M | 0.6% | 2026-Q2 |
| D1 Capital Partners L.P. added | 3,779,517 | $249M | 0.6% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 3,608,854 | $238M | 0.5% | 2026-Q2 |
| Bank of New York Mellon Corp added | 3,475,532 | $229M | 0.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 3,412,565 | $225M | 0.5% | 2026-Q2 |
| GOODNOW INVESTMENT GROUP, LLC added | 3,403,185 | $224M | 0.5% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 3,325,237 | $219M | 0.5% | 2026-Q2 |
| COATUE MANAGEMENT LLC added | 3,278,865 | $216M | 0.5% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 3,075,680 | $202M | 0.4% | 2026-Q2 |
| Dream Peak Capital Ltd added | 2,998,748 | $197M | 0.4% | 2026-Q2 |
| Legal & General Group Plc added | 2,958,502 | $195M | 0.4% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 2,944,858 | $194M | 0.4% | 2026-Q2 |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY added | 2,891,500 | $190M | 0.4% | 2026-Q2 |
| National Philanthropic Trust added | 2,755,452 | $181M | 0.4% | 2026-Q2 |
| MAVERICK CAPITAL LTD added | 2,638,673 | $174M | 0.4% | 2026-Q2 |
| MARSHALL WACE, LLP added | 2,626,104 | $173M | 0.4% | 2026-Q2 |
| Nuveen, LLC added | 2,484,804 | $164M | 0.4% | 2026-Q2 |
| North Peak Capital Management, LLC added | 2,306,869 | $152M | 0.3% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 2,287,092 | $151M | 0.3% | 2026-Q2 |
| CITIGROUP INC added | 2,185,480 | $144M | 0.3% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 2,093,072 | $138M | 0.3% | 2026-Q2 |
| Axxion S.A. new | 1,925,000 | $127M | 0.3% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 1,898,095 | $125M | 0.3% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 1,852,668 | $122M | 0.3% | 2026-Q2 |
| Swiss National Bank added | 1,814,900 | $119M | 0.3% | 2026-Q2 |
| Selkirk Management LLC added | 1,801,100 | $119M | 0.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,791,844 | $118M | 0.3% | 2026-Q2 |
| RV Capital AG added | 1,763,296 | $116M | 0.3% | 2026-Q2 |
| PAR CAPITAL MANAGEMENT INC added | 1,739,360 | $114M | 0.3% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 1,708,542 | $112M | 0.2% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 1,661,389 | $109M | 0.2% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 1,543,618 | $102M | 0.2% | 2026-Q2 |
| National Pension Service added | 1,508,963 | $99M | 0.2% | 2026-Q2 |
| Styrax Capital, LP added | 1,500,000 | $99M | 0.2% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. added | 1,491,778 | $98M | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 1,395,257 | $92M | 0.2% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 1,314,302 | $87M | 0.2% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 1,270,750 | $83M | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 1,220,128 | $80M | 0.2% | 2026-Q2 |
| No Street GP LP added | 1,201,343 | $79M | 0.2% | 2026-Q2 |
| Senator Investment Group LP added | 1,137,870 | $75M | 0.2% | 2026-Q2 |
| General Equity Holdings LP added | 1,085,165 | $71M | 0.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 1,037,474 | $68M | 0.2% | 2026-Q2 |
| SCOPUS ASSET MANAGEMENT, L.P. added | 1,016,750 | $67M | 0.1% | 2026-Q2 |
| Spyglass Capital Management LLC added | 992,632 | $65M | 0.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 991,141 | $62M | 0.1% | 2026-Q2 |
| PRIMECAP MANAGEMENT CO/CA/ added | 987,625 | $65M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 970,319 | $64M | 0.1% | 2026-Q2 |
| California Public Employees Retirement System added | 964,057 | $63M | 0.1% | 2026-Q2 |
| Kinetic Partners Management, LP added | 868,295 | $57M | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 844,917 | $56M | 0.1% | 2026-Q2 |
| TD Asset Management Inc added | 817,024 | $54M | 0.1% | 2026-Q2 |
| Electron Capital Partners, LLC added | 813,127 | $54M | 0.1% | 2026-Q2 |
| BARCLAYS PLC added | 811,106 | $53M | 0.1% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 803,982 | $53M | 0.1% | 2026-Q2 |
| Palestra Capital Management LLC added | 795,635 | $52M | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 781,958 | $246M | 0.5% | 2026-Q2 |
| 3G Capital Partners LP added | 775,000 | $51M | 0.1% | 2026-Q2 |
| GOLDENTREE ASSET MANAGEMENT LP new | 774,333 | $51M | 0.1% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC added | 764,193 | $52M | 0.1% | 2026-Q2 |
| Steadview Capital Management LLC added | 755,616 | $50M | 0.1% | 2026-Q2 |
| 683 Capital Management, LLC added | 750,000 | $49M | 0.1% | 2026-Q2 |
| WORLDQUANT MILLENNIUM ADVISORS LLC added | 740,773 | $49M | 0.1% | 2026-Q2 |
| NORDEA INVESTMENT MANAGEMENT AB added | 733,124 | $46M | 0.1% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 699,670 | $46M | 0.1% | 2026-Q2 |
| Anabranch Capital Management, LP added | 698,029 | $46M | 0.1% | 2026-Q2 |
| JACOBS LEVY EQUITY MANAGEMENT, INC added | 681,957 | $45M | 0.1% | 2026-Q2 |
| Davidson Kempner Capital Management LP added | 656,500 | $43M | 0.1% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 638,400 | $42M | 0.1% | 2026-Q2 |
| TREMBLANT CAPITAL GROUP added | 630,952 | $42M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.