CarGurus, Inc.
CARG • NASDAQ
CarGurus, Inc. is a internet content & information company in the communication services sector on NASDAQ, led by Jason Trevisan, with a market cap of $3.7B. As of Q3 2025, 87% of shares are held by 331 institutional investors, with BlackRock, Inc. as the largest holder at 12.33%.
Chief Executive OfficerJason Trevisan
Market Cap$3.7B
Internet Content & Information
Communication Services
Employees1.3K
Websitecargurus.com
Country
United States of America
Overview
Overview of institutional ownership in CARG as of Q3 2025 with a market cap of $3.7B
All Institutions
- Institutions
- 331
- Value Held
- $3.2B
- Shares Held
- 86.3M
- Avg Position
- $9.7M
- Median Position
- $812.0K
Hedge Funds
- Hedge Funds
- 38
- Value Held
- $411.1M
- Shares Held
- 11.0M
- Avg Position
- $10.8M
- Median Position
- $3.4M
Ownership Breakdown
Based on market cap of $3.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in CARG as of Q3 2025
| Institution | Position Value |
|---|---|
B BlackRock, Inc. Institution | $455.6M 0.01% of portfolio |
 WELLINGTON MANAGEMENT CO LLP Long Only Manager | $358.8M 0.06% of portfolio |
 VANGUARD GROUP INC Institution | $346.9M 0.01% of portfolio |
 STATE STREET CORP Institution | $115.1M 0.00% of portfolio |
A Arrowpoint Asset Management, LLC Hedge Fund•Multi-Strategy | $99.5M 1.85% of portfolio |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | $77.3M 0.00% of portfolio |
P Prevatt Capital Ltd Long Only Manager | $76.3M 25.95% of portfolio |
 CONGRESS ASSET MANAGEMENT CO /MA Long Only Manager | $70.9M 0.47% of portfolio |
M MANUFACTURERES LIFE INSURANCE CO Institution | $70.5M 0.06% of portfolio |
 ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant | $70.3M 0.04% of portfolio |
Net Capital Flow
Institutional buying and selling activity for CARG in Q3 2025
- Traded
- +$115.7M
- Buyers
- 164
- Sellers
- 178
- Total Bought
- +$395.5M
- Total Sold
- −$279.8M
- Avg Position
- $8.4M
Biggest Buyers
| Institution | Net Bought |
|---|---|
CONGRESS ASSET MANAGEMENT CO /MA Long Only Manager | +$70.9M +1.9M shares |
A ALTA FOX CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short | +$40.9M +1.1M shares |
 UBS Group AG Institution | +$35.1M +942.2K shares |
O Orbis Allan Gray Ltd RIA/Wealth | +$28.5M +765.8K shares |
WELLINGTON MANAGEMENT CO LLP Long Only Manager | +$22.1M +594.7K shares |
P Prevatt Capital Ltd Long Only Manager | +$16.8M +450.0K shares |
 No Street GP LP Hedge Fund•Long/Short | +$16.2M +435.3K shares |
 JUPITER ASSET MANAGEMENT LTD Long Only Manager | +$15.1M +404.6K shares |
 JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant | +$12.2M +327.0K shares |
A Advisor Group Holdings, Inc. Institution | +$8.8M +237.8K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
A Arrowpoint Asset Management, LLC Hedge Fund•Multi-Strategy | −$39.9M −1.1M shares |
V Vitruvian Partners LLP Institution | −$17.6M −473.0K shares |
 ACADIAN ASSET MANAGEMENT LLC Long Only Manager | −$14.8M −396.4K shares |
S Squarepoint Ops LLC Hedge Fund•Quant | −$13.1M −351.0K shares |
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short | −$12.1M −324.1K shares |
 VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy | −$11.9M −320.7K shares |
M Mount Capital Ltd Institution | −$10.8M −323.8K shares |
 BARCLAYS PLC Institution | −$10.1M −272.3K shares |
D D. E. Shaw & Co., Inc. Institution | −$9.4M −252.6K shares |
C Cubist Systematic Strategies, LLC Institution | −$9.0M −241.7K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited CARG in Q3 2025
- New Positions
- 26
- New Value
- $152.0M
- Exited Positions
- 48
- Exited Value
- $43.0M
New Positions
| Institution | Position Value |
|---|---|
CONGRESS ASSET MANAGEMENT CO /MA Long Only Manager | $70.9M 1.9M shares |
A ALTA FOX CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short | $40.9M 1.1M shares |
O Orbis Allan Gray Ltd RIA/Wealth | $28.5M 765.8K shares |
 SEGALL BRYANT & HAMILL Long Only Manager | $3.5M 94.1K shares |
 Aurora Investment Counsel RIA/Wealth | $2.2M 58.4K shares |
G GAM Holding AG Institution | $1.9M 50.4K shares |
 HANCOCK HOLDING CO RIA/Wealth | $697.1K 18.7K shares |
C CAXTON ASSOCIATES LLP Institution | $663.0K 17.8K shares |
 Gibbs Wealth Management RIA/Wealth | $662.9K 17.8K shares |
 Gallacher Capital Management LLC RIA/Wealth | $592.2K 15.9K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
M Mount Capital Ltd Institution | $10.8M 323.8K shares |
 BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | $7.2M 215.9K shares |
 Aquatic Capital Management LLC Hedge Fund•Quant | $2.9M 85.2K shares |
T TWINBEECH CAPITAL LP Hedge Fund•Quant | $2.6M 76.8K shares |
X XTX Topco Ltd Institution | $2.3M 69.6K shares |
 Graham Capital Management, L.P. Hedge Fund•Multi-Strategy | $1.4M 43.0K shares |
B Bayesian Capital Management, LP Hedge Fund•Quant | $1.4M 41.3K shares |
 Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy | $1.0M 30.6K shares |
B Brevan Howard Capital Management LP Institution | $952.4K 28.5K shares |
T TEXAS PERMANENT SCHOOL FUND Institution | $928.5K 27.7K shares |
Options Activity
Institutions with the largest Call and Put options positions in CARG as of Q3 2025
- Call Positions
- 5
- Call Value
- $2.8M
- Put Positions
- 2
- Put Value
- $1.2M
Call Positions
| Institution | Position Value |
|---|---|
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $1.0M 273.0 contracts |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $807.9K 217.0 contracts |
 Walleye Trading LLC RIA/Wealth | $398.4K 107.0 contracts |
W WOLVERINE TRADING, LLC Institution | $314.6K 84.0 contracts |
J JANE STREET GROUP, LLC Institution | $256.9K 69.0 contracts |
Put Positions
| Institution | Position Value |
|---|---|
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $632.9K 170.0 contracts |
Walleye Trading LLC RIA/Wealth | $547.3K 147.0 contracts |
Most Committed Institutions
Institutions with CARG as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
P Prevatt Capital Ltd Long Only Manager | 25.95% $76.3M |
V Vitruvian Partners LLP Institution | 12.21% $17.6M |
 Inflection Point Investments LLP Family Office | 11.51% $5.4M |
A ALTA FOX CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short | 9.12% $40.9M |
 Ararat Capital Management, LP Hedge Fund•Long/Short | 2.84% $5.6M |
No Street GP LP Hedge Fund•Long/Short | 2.07% $31.1M |
 GAGNON SECURITIES LLC RIA/Wealth | 2.05% $10.1M |
S S&T BANK/PA Institution | 1.91% $6.3M |
A Arrowpoint Asset Management, LLC Hedge Fund•Multi-Strategy | 1.85% $99.5M |
 MOODY ALDRICH PARTNERS LLC Long Only Manager | 1.24% $6.5M |
Hedge Fund Spotlight
Discover hedge funds investing in CARG
AQR CAPITAL MANAGEMENT LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerDavid Gary Kabiller
- Portfolio Value
- $156.17B
- Positions
- 3,453
- Last Reported
- Q3 2025
Sector Allocation
Position in CarGurus, Inc.
- Market Value
- $1.5M
- Shares Held
- 40.0K
- Portfolio Weight
- 0.00%
- Owned Since
- 2020-Q3
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Semiconductors Technology | $4.1B | 2.62% | |
Software - Infrastructure Technology | $3.2B | 2.05% | |
Consumer Electronics Technology | $2.8B | 1.76% |
