Carvana Co (CVNA) grew to 4.23% of Stephen Mandel's Lone Pine Capital portfolio in 2026 Q2, from 4.4%, according to the 13F-HR filed with the SEC on August 14, 2026. The share count rose 500% to 10.5M shares, and the position is worth about $692.5M and ranks 10th of 34 stocks by weight.
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 | 1.75M | 10.5M |
| Shares added | +8.77M (500%) | |
| Reported value | $551.6M | $692.5M |
| Portfolio weight | 4.4% | 4.23% |
| Rank in portfolio | 10th of 34 |
How much did Stephen Mandel add to CVNA?
Stephen Mandel added 8.77M shares of CVNA during 2026 Q2, taking the stake from 1.75M to 10.5M. The reported value of the position rose by about $140.8M, from about $551.6M to about $692.5M.
Where does CVNA sit in the Stephen Mandel portfolio?
CVNA ranks 10th of 34 stock positions in the Stephen Mandel portfolio at 4.23%, above the fund's average stock position of 3%. The largest stock position is NBIS at 7.19%. Next come ASML at 6.92% and STX at 5.9%. The three largest stocks together are 20.01% of the book. The CVNA addition was the 12th largest of the quarter's 49 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Stephen Mandel reported 34 stock positions, with 13 opened and 15 closed. The total portfolio value is about $16.4B, up 30% from the prior quarter.
How long has Stephen Mandel held CVNA?
Stephen Mandel first reported CVNA in the quarter ended December 31, 2019. The fund sold out of the name in 2021 Q4 and came back in 2025 Q1. The weight peaked at 5.52% in 2025 Q4. Last quarter the fund had trimmed it by 1%. Every reported trade is on the Stephen Mandel CVNA trade history page.
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 Clifford Sosin, Ole Andreas Halvorsen and Henry Ellenbogen. Every tracked holder of CVNA is on the CVNA ownership page.
FAQ
How many CVNA shares did Stephen Mandel buy in 2026 Q2?
Stephen Mandel added 8.77M shares of CVNA, a 500% increase, to 10.5M shares.
What is the CVNA position of Stephen Mandel worth now?
The CVNA position of Stephen Mandel is worth about $692.5M at June 30, 2026 prices, 4.23% of the portfolio.
Is CVNA a top holding of Stephen Mandel?
CVNA ranks 10th of 34 stock positions in the Stephen Mandel portfolio, at 4.23%.
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.