CAVA Group

CAVA • NYSE

CAVA Group is a restaurants company in the consumer cyclical sector on NYSE, led by Brett Schulman, with a market cap of $6.3B. As of Q3 2025, 82% of shares are held by 486 institutional investors, with Artal Group S.A. as the largest holder at 8.2%.

Chief Executive OfficerBrett Schulman

Market Cap$6.3B

Restaurants

Consumer Cyclical

Employees8.1K

Websitecava.com

Country

United States of America

Overview

Overview of institutional ownership in CAVA as of Q3 2025 with a market cap of $7.0B

All Institutions

Institutions: 486
Value Held: $5.7B
Shares Held: 94.7M
Avg Position: $11.8M
Median Position: $535.2K

Hedge Funds

Hedge Funds: 45
Value Held: $244.6M
Shares Held: 4.1M
Avg Position: $5.4M
Median Position: $1.6M

Ownership Breakdown

Institutional (non-HF)

78.16%

$5.5B

Hedge Funds

3.49%

$244.6M

Retail & Other

18.35%

$1.3B

Based on market cap of $7.0B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CAVA as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
A Artal Group S.A. Institution	-	$574.4M 75.75% of portfolio	8.20% 9.5M shares	Q2 2023 Held for 2y 5m	$758.2M
B BlackRock, Inc. Institution	-	$566.7M 0.01% of portfolio	8.09% 9.4M shares	Q2 2023 Held for 2y 5m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$564.6M 0.01% of portfolio	8.06% 9.3M shares	Q2 2023 Held for 2y 5m	$6.69T
Capital Research Global Investors RIA/Wealth	Sardar Sheraz Iftikhar CEO	$400.8M 0.08% of portfolio	5.72% 6.6M shares	Q2 2023 Held for 2y 5m	$532.36B
C Capital International Investors Institution	-	$255.5M 0.04% of portfolio	3.65% 4.2M shares	Q2 2023 Held for 2y 5m	$615.90B
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$227.0M 0.02% of portfolio	3.24% 3.8M shares	Q2 2023 Held for 2y 5m	$912.31B
FMR LLC Institution	-	$216.8M 0.01% of portfolio	3.09% 3.6M shares	Q2 2023 Held for 2y 5m	$1.92T
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$178.4M 0.06% of portfolio	2.55% 3.0M shares	Q2 2023 Held for 2y 5m	$317.45B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$174.2M 0.01% of portfolio	2.49% 2.9M shares	Q3 2023 Held for 2y 2m	$2.88T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$150.0M 0.01% of portfolio	2.14% 2.5M shares	Q2 2023 Held for 2y 5m	$1.65T

Net Capital Flow

Institutional buying and selling activity for CAVA in Q3 2025

Net Flow: −$262.5M
Buyers: 221
Sellers: 254
Total Bought: +$956.7M
Total Sold: −$1.2B
Avg Position: $10.5M

Biggest Buyers

Institution	Net Bought	Current Position
C Capital International Investors Institution	+$131.1M +2.2M shares	$255.5M 4.2M shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	+$96.7M +1.6M shares	$178.4M 3.0M shares
Capital Research Global Investors RIA/Wealth	+$88.8M +1.5M shares	$400.8M 6.6M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$64.7M +1.1M shares	$64.9M 1.1M shares
B BlackRock, Inc. Institution	+$63.9M +1.1M shares	$566.7M 9.4M shares
C Champlain Investment Partners, LLC Long Only Manager	+$48.0M +794.5K shares	$129.7M 2.1M shares
CITIGROUP INC Institution	+$31.1M +514.4K shares	$53.6M 886.7K shares
C Capital World Investors Institution	+$29.0M +479.7K shares	$29.2M 483.3K shares
MORGAN STANLEY RIA/Wealth	+$28.4M +470.4K shares	$150.0M 2.5M shares
UBS Group AG Institution	+$27.2M +449.5K shares	$131.1M 2.2M shares

Biggest Sellers

Institution	Net Sold	Current Position
JENNISON ASSOCIATES LLC Long Only Manager	−$386.2M −6.4M shares	$202.2K 3.3K shares
Q Qube Research & Technologies Ltd Institution	−$88.8M −1.1M shares	Sold Off 0 shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	−$66.3M −1.1M shares	$7.3M 120.3K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$46.3M −765.7K shares	$19.3M 320.3K shares
FMR LLC Institution	−$45.0M −744.3K shares	$216.8M 3.6M shares
GOLDMAN SACHS GROUP INC Institution	−$40.3M −667.6K shares	$29.3M 485.1K shares
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	−$40.2M −476.8K shares	Sold Off 0 shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$34.5M −570.9K shares	$2.1M 35.1K shares
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	−$25.3M −419.5K shares	$1.6M 25.7K shares
MIG Capital, LLC Hedge Fund•Long/Short	−$23.2M −275.1K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited CAVA in Q3 2025

New Positions: 62
New Value: $217.0M
Exited Positions: 115
Exited Value: $315.3M

New Positions

Institution	Position Value
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Long Only Manager	$114.1M 1.9M shares
L Liontrust Investment Partners LLP Long Only Manager	$43.2M 714.9K shares
P Prime Capital Management Co Ltd Institution	$32.7M 541.3K shares
O OSSIAM Institution	$8.3M 137.6K shares
Burkehill Global Management, LP Hedge Fund•Event Driven	$3.0M 50.0K shares
Bullseye Asset Management LLC Hedge Fund•Long/Short	$1.6M 27.0K shares
FIRST FINANCIAL BANKSHARES INC Institution	$1.6M 26.5K shares
KORNITZER CAPITAL MANAGEMENT INC /KS Long Only Manager	$1.5M 24.9K shares
C Crystal Rock Capital Management Institution	$1.4M 23.3K shares
Summit Financial, LLC RIA/Wealth	$1.0M 17.0K shares

Exited Positions

Institution	Previous Position
Q Qube Research & Technologies Ltd Institution	$88.8M 1.1M shares
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	$40.2M 476.8K shares
MIG Capital, LLC Hedge Fund•Long/Short	$23.2M 275.1K shares
LORD, ABBETT & CO. LLC Long Only Manager	$17.6M 209.0K shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$16.5M 195.6K shares
W Waratah Capital Advisors Ltd. Hedge Fund•Multi-Strategy	$16.5M 195.4K shares
A Artemis Investment Management LLP Institution	$11.3M 134.1K shares
A AGF MANAGEMENT LTD Institution	$7.9M 94.3K shares
Lighthouse Investment Partners, LLC Fund of Funds	$5.8M 68.7K shares
Magnetar Financial LLC Hedge Fund•Multi-Strategy	$5.2M 62.2K shares

Options Activity

Institutions with the largest Call and Put options positions in CAVA as of Q3 2025

Call Positions: 31
Call Value: $590.4M
Put Positions: 31
Put Value: $855.7M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$126.8M 21.0K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$122.1M 20.2K contracts
J JANE STREET GROUP, LLC Institution	$57.8M 9.6K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$52.8M 8.7K contracts
Walleye Trading LLC RIA/Wealth	$36.3M 6.0K contracts
W WOLVERINE TRADING, LLC Institution	$30.5M 5.2K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$27.9M 4.6K contracts
UBS Group AG Institution	$25.8M 4.3K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$21.1M 3.5K contracts
D D. E. Shaw & Co., Inc. Institution	$18.5M 3.1K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$231.9M 38.4K contracts
BARCLAYS PLC Institution	$155.4M 25.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$104.0M 17.2K contracts
J JANE STREET GROUP, LLC Institution	$91.8M 15.2K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$49.4M 8.2K contracts
D D. E. Shaw & Co., Inc. Institution	$47.8M 7.9K contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$33.4M 5.5K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$26.7M 4.4K contracts
P PEAK6 LLC Institution	$22.3M 3.7K contracts
WELLS FARGO & COMPANY/MN Institution	$16.2M 2.7K contracts

Most Committed Institutions

Institutions with CAVA as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
A Artal Group S.A. Institution	-	75.75% $574.4M	8.20% 9.5M shares	Q2 2023 Held for 2y 5m	$758.2M
Armstrong, Fleming & Moore, Inc RIA/Wealth	Alexandra Armstrong Chairman	10.47% $21.9M	0.31% 362.7K shares	Q4 2023 Held for 1y 11m	$209.3M
P Prime Capital Management Co Ltd Institution	-	3.93% $32.7M	0.47% 541.3K shares	Q3 2025 Held for 2 months	$832.4M
Renaissance Capital LLC ETF Provider	William Kevin Smith CEO	3.59% $6.4M	0.09% 105.7K shares	Q3 2023 Held for 2y 2m	$177.7M
Aperture Investors, LLC Hedge Fund•Multi-Strategy	Peter Steven Kraus CEO	2.67% $19.2M	0.27% 318.5K shares	Q1 2024 Held for 1y 8m	$719.9M
Nepsis Capital Management, Inc. RIA/Wealth	Mark William Pearson President	2.37% $7.5M	0.11% 123.9K shares	Q2 2024 Held for 1y 5m	$315.3M
JW Asset Management, LLC Hedge Fund•Sector	Jason Garrett Wild Managing Partner	1.45% $3.0M	0.04% 50.0K shares	Q1 2025 Held for 8 months	$208.4M
S Sender Co & Partners, Inc. Institution	-	1.38% $3.5M	0.05% 58.7K shares	Q1 2025 Held for 8 months	$256.4M
L Leibman Financial Services, Inc. Institution	-	1.17% $1.5M	0.02% 25.6K shares	Q2 2025 Held for 5 months	$131.7M
V Vienna Asset Management LLC RIA/Wealth	Yanjuan Huang Managing Partner	1.12% $1.8M	0.03% 30.6K shares	Q2 2025 Held for 5 months	$164.7M

Hedge Fund Spotlight

Discover hedge funds investing in CAVA

Holocene Advisors, LP

Hedge Fund • Long/Short

Portfolio ManagerJohn Brandon Haley

Portfolio Value: $43.5B
Positions: 726
Last Reported: Q3 2025

Sector Allocation

Position in CAVA Group

Market Value: $35.6M
Shares Held: 588.8K
Portfolio Weight: 0.08%
Owned Since: 2023-Q4

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