Stephen Mandel
Lone Pine Capital
Stephen Mandel Carvana Co stake
total: 294
Lone Pine Capital CVNA trades
- Total transactions:
- 12
- New positions:
- 3
- Sold out:
- 2
- Added:
- 2
- Reduced:
- 5
- Held since:
- 2025 Q1
- Held for:
- 5 quarters
- Latest activity:
- 2026 Q1
According to 2026 Q1 report, Stephen Mandel holds 1,754,709 Carvana Co (CVNA) shares with a market value of roughly $551.65M accounting for 4.40% of the overall portfolio. To date, the estimated cost basis is nearly $210.36 for "buy" trades and estimated average "sell" price is $335.99. Lone Pine Capital first purchased CVNA in 2019 Q4, initially acquiring about 1.00M shares. Stephen Mandel later completely sold out the position and invested in Carvana Co again in 2025 Q1. Since the initial investment in Carvana Co (CVNA), Lone Pine Capital has made 11 more transactions.
When did Stephen Mandel buy Carvana Co (CVNA)?
Stephen Mandel first invested in Carvana Co (CVNA) in 2019 Q4 at the reported quarter-end price of $92.05 per share.
What's the cost basis of Lone Pine Capital's CVNA stake?
The estimated cost basis for Carvana Co (CVNA) stake is around $210.36 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $210.36
- Weighted AVG sell price:
- $335.99
Stephen Mandel's historical trades in Carvana Co
12 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q1
|
4.40%
|
1,754,709
|
$314.38
|
$551,645,415
|
-1.38% (-24,619)
|
-0.06%
|
|
2025 Q4
|
5.52%
|
1,779,328
|
$422.02
|
$750,912,003
|
+0.80% (+14,037)
|
+0.04%
|
|
2025 Q2
|
4.31%
|
1,765,291
|
$336.96
|
$594,832,455
|
-23.72% (-548,877)
|
-1.62%
|
|
2025 Q1
|
4.24%
|
2,314,168
|
$209.08
|
$483,846,245
|
new
|
+4.24%
|
|
2021 Q4
|
0.00%
|
0
|
$301.54
|
|
-100% (-2,142,309)
|
-2.18%
|
|
2021 Q2
|
2.08%
|
2,142,309
|
$301.82
|
$646,592,000
|
-11.04% (-265,900)
|
-0.29%
|
|
2021 Q1
|
2.30%
|
2,408,209
|
$262.40
|
$631,914,000
|
-1.64% (-40,056)
|
-0.04%
|
|
2020 Q4
|
2.13%
|
$239.54
|
new
|
|||
|
2020 Q3
|
0.00%
|
$120.20
|
-100% (-849,665)
|
|||
|
2020 Q2
|
0.52%
|
$120.20
|
-83.34% (-4,250,510)
|
|||
|
2020 Q1
|
1.71%
|
$55.09
|
+408.54% (+4,097,265)
|
|||
|
2019 Q4
|
0.49%
|
$92.05
|
new
|
|||
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.