DOSSIER · 13F Holders · Q1 2026Consumer Cyclical · Retail-Auto Dealers & Gasoline Stations
CVNA

CARVANA CO

823 institutions still hold CARVANA CO as of Q1 2026. Tracked across SEC 13F-HR filings, with insider and 13D/G activity surfaced alongside.

CUSIP 146869102·Retail-Auto Dealers & Gasoline Stations·823 13F holders·last filed Mar 31, 2026
Market cap
13F value held
$39.6B
visible holders
Holders
823
filers reporting
Concentration
14.10%
PRICE T ROWE ASSOCIATES INC /MD/ #1
top holder share
AI Holders Summary · Q1 2026

Amanah Holdings Trust didn't buy or sell a single share of Carvana this quarter — its position sat exactly flat at 91,462 shares both quarters. Its reported position value still fell by $22.7 million, from roughly $28.8 million down to $6.0 million. The math behind that one unchanged holding implies Carvana's per-share value fell by roughly 79% this quarter, from about $314 to about $66 — a figure confirmed independently by the numbers behind several other holders' positions. That decline coincides with something unusual: nearly every major institutional holder shows its share count multiplying several times over, from Czech National Bank (up 429%) to Y-Intercept (Hong Kong) Ltd (up more than 1,500%) to Swedbank AB, still the largest tracked holder at 20% of the $124.2 million in institutional value 13F Insight can see (shares up nearly 400%). That combination — a steep drop in per-share value alongside a broad, simultaneous multiplication of share counts — is the pattern a stock split typically produces in 13F data, though the filings alone can't confirm the mechanism. The one clear seller was Assenagon Asset Management, a quasi-passive fund that cut its real share count by 63%, worth roughly $1.8 million in genuine selling.

What makes this quarter's filing unusual is what happened at the same time. Nearly every major institutional holder shows a share count that multiplied several times over: Y-Intercept (Hong Kong) Ltd's shares rose from 5,782 to 96,363 (up more than 1,500%), Czech National Bank's from 38,516 to 203,883 (up 429%), Commonwealth of Pennsylvania Public School Employees' Retirement System's from 32,943 to 158,209 (up 380%), and Swedbank AB — still the largest tracked holder at 20% of the $124.2 million in institutional value 13F Insight can see — from 76,690 to 379,176 (up nearly 400%). PBU, QRG Capital Management, Avanza Fonder, PensionDanmark and ASR Vermogensbeheer all show similarly outsized multiples.

A roughly 79% drop in per-share value landing in the same quarter as a broad, simultaneous multiplication of nearly every major holder's share count is the signature a stock split typically leaves in 13F filings — existing shares mechanically multiply while the reported dollar value per share falls in step. The filings alone can't confirm that's what happened here, and some portion of the share growth may still reflect genuine new buying layered on top, but the uniformity across dozens of unrelated institutions points toward a mechanical explanation rather than a coordinated wave of conviction buying.

Top holders

Sorted by position value. Source: SEC EDGAR 13F-HR filings.

#HolderValueShares% port.Quarter
01
PRICE T ROWE ASSOCIATES INC /MD/
CIK 0000080255
$5.6B17.8M0.65%Q1 2026
02
BlackRock, Inc.
CIK 0002012383
$3.6B11.5M0.06%Q1 2026
03
Capital Research Global Investors
CIK 0001422848
$3.4B10.9M0.53%Q1 2026
04
CITADEL ADVISORS LLC
CIK 0001423053
$3.1B7.2M0.46%Q4 2025
05
VANGUARD CAPITAL MANAGEMENT LLC
CIK 0002100119· Index
$2.8B9.0M0.07%Q1 2026
06
SUSQUEHANNA INTERNATIONAL GROUP, LLP
CIK 0001446194· Market maker
$2.8B8.8M0.31%Q1 2026
07
FMR LLC
CIK 0000315066
$2.3B7.4M0.12%Q1 2026
08
Vanguard Portfolio Management
CIK 0002100121· Index
$2.0B6.3M0.10%Q1 2026
09
CITIGROUP INC
CIK 0000831001
$2.0B6.3M0.84%Q1 2026
10
STATE STREET CORP
CIK 0000093751
$1.8B5.7M0.06%Q1 2026
11
CAS Investment Partners, LLC
CIK 0001697591
$1.4B4.5M81.67%Q1 2026
12
GREENOAKS CAPITAL PARTNERS LLC
CIK 0001840735
$1.3B4.2M57.53%Q1 2026
13
JANE STREET GROUP, LLC
CIK 0001595888· Market maker
$1.3B4.0M0.16%Q1 2026
14
GEODE CAPITAL MANAGEMENT, LLC
CIK 0001214717· Index
$1.2B3.9M0.08%Q1 2026
15
Capital International Investors
CIK 0001562230
$1.0B3.3M0.25%Q1 2026
16
VIKING GLOBAL INVESTORS LP
CIK 0001103804
$874M2.8M2.44%Q1 2026
17
Capital World Investors
CIK 0001422849
$819M2.6M0.11%Q1 2026
18
Lingotto Investment Management LLP
CIK 0001732768
$801M2.5M15.82%Q1 2026
19
LONE PINE CAPITAL LLC
CIK 0001061165
$751M1.8M5.52%Q4 2025
20
JPMORGAN CHASE & CO
CIK 0000019617
$738M2.5M0.05%Q1 2026
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Insiders at CARVANA CO
Palmer Stephen RHuston Benjamin E.Garcia Ernest C. IiiTaira ThomasKeeton Ryan S.Gill Daniel J.Jenkins Mark W.Breaux Paul W.