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Clifford Sosin's CAS Investment Partners increased its CVNA position by 397%, from 81.67% to 78.85% of the portfolio.

Now holds 22,559,570 shares worth $1.48B.
Published · Based on SEC filings

High impact
Major add
2026 Q2

Clifford Sosin's CAS Investment Partners increased its Carvana Co (CVNA) position by 397% in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026. The stake went from 4.54M to 22.6M shares, worth about $1.5B, and from 81.67% to 78.85% of the reported portfolio.

What did the 2026 Q2 filing report for CVNA?

As of June 30, 2026, from the 13F-HR filed August 14, 2026.

Before After
Shares 4.54M 22.6M
Shares added +18M (397%)
Reported value $1.4B $1.5B
Portfolio weight 81.67% 78.85%
Rank in portfolio 1st of 6

How much did Clifford Sosin add to CVNA?

Clifford Sosin added 18M shares of CVNA during 2026 Q2, taking the stake from 4.54M to 22.6M. The reported value of the position rose by about $57.2M, from about $1.4B to about $1.5B.

Where does CVNA sit in the Clifford Sosin portfolio?

CVNA is the largest of 6 stock positions in the Clifford Sosin portfolio at 78.85%, above the fund's average stock position of 17%. Next come HGV at 14.48% and META at 4.08%. The three largest stocks together are 97.41% of the book. The CVNA addition was the largest of the quarter's 7 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Clifford Sosin reported 6 stock positions, with 2 opened and 1 closed. The total portfolio value is about $1.9B, up 8% from the prior quarter.

Clifford Sosin buys and sells, 2026 Q2

How long has Clifford Sosin held CVNA?

Clifford Sosin first reported CVNA in the quarter ended March 31, 2018. The weight peaked at 83.25% in 2025 Q4. Last quarter the fund had trimmed it by 1%. Every reported trade is on the Clifford Sosin CVNA trade history page.

Clifford Sosin shares of CVNA by quarter

Did other funds buy or sell CVNA in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 14, 2026, 5 hold CVNA. Of those, 5 added to the position this quarter and none trimmed it. The largest buyers of CVNA this quarter were Ole Andreas Halvorsen, Stephen Mandel and Henry Ellenbogen. Every tracked holder of CVNA is on the CVNA ownership page.

FAQ

How many CVNA shares did Clifford Sosin buy in 2026 Q2?

Clifford Sosin added 18M shares of CVNA, a 397% increase, to 22.6M shares.

What is the CVNA position of Clifford Sosin worth now?

The CVNA position of Clifford Sosin is worth about $1.5B at June 30, 2026 prices, 78.85% of the portfolio.

Is CVNA a top holding of Clifford Sosin?

Yes. CVNA is the largest stock position in the Clifford Sosin portfolio, at 78.85%.

Did other funds add to CVNA in 2026 Q2?

Among the 5 other tracked funds that hold CVNA, 5 added to it in 2026 Q2 and none trimmed it.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Alan Irwin
Alan Irwin
Valuesider analyst