Carvana CVNA
Ownership & positioning
Who holds it, who is betting against it, and where the big money is moving
Short-sale volume as % of daily volume
Large-order net flow, last 20 sessions
Net of large-order buying minus selling, in USD. Over this window: −$76.79M (5 inflow days, 15 outflow days).
Net flow by order size, last 20 sessions
Super/Big orders approximate institutional-size trades; Mid/Small approximate retail-size trades. Net buy minus sell value in each bucket, summed over the window.
The five largest holders on file together own 43.7% of shares outstanding.
Largest holders
By investor type
Reported short interest has fallen from 9.90% to 9.30% of float over the last 6 biweekly reports (31 Jul 2026 to 15 Oct 2026).
Recent institutional activity
| Holder | Type | Period | Share change | New stake |
|---|---|---|---|---|
| Capital Research | Mutual Fund | 2026/Q3 | +16,997,720 | 14.0% |
| Divisadero Street Capital Management, LP | Hedge Fund | 2026/Q3 | +3,030,434 | 0.6% |
| Invesco Ltd. | Mutual Fund | 2026/Q3 | +2,447,343 | 0.6% |
| Marshall Wace LLP | Hedge Fund | 2026/Q3 | +2,396,734 | 0.4% |
| Axxion S.A | Mutual Fund | 2026/Q3 | +1,925,000 | 0.3% |
| Millennium Management LLC | Hedge Fund | 2026/Q3 | +1,839,325 | 0.4% |
| Aspex Management (HK) Limited | Mutual Fund | 2026/Q3 | +1,796,549 | 1.5% |
| Lone Pine Capital LLC | Hedge Fund | 2026/Q3 | +1,747,121 | 1.5% |
| Durable Capital Partners, LP | Hedge Fund | 2026/Q3 | +1,742,177 | 0.9% |
| State Street Global Advisors | Mutual Fund | 2026/Q3 | +970,654 | 4.1% |
| Citigroup Inc. | Public Company | 2026/Q3 | +902,270 | 0.3% |
| Susquehanna International Group, LLP | Private Company | 2026/Q3 | +846,630 | 0.2% |
| Electron Capital Partners, LLC | Hedge Fund | 2026/Q3 | +813,127 | 0.1% |
| GoldenTree Asset Management LP | Hedge Fund | 2026/Q3 | +774,333 | 0.1% |
| Dream Peak Capital Limited | Hedge Fund | 2026/Q3 | +721,123 | 0.4% |
Institutional buy/sell activity by reporting period, largest moves first.
Insider transactions
| Date | Insider | Title | Transaction | Shares | Price | Held after |
|---|---|---|---|---|---|---|
| 11 Oct 2026 | Thomas Taira | President of Special Projects | Automatic Disposition | -5,597 | $65.00 | 147,864 |
| 30 Sep 2026 | Ryan Keeton | Co-Founder & Chief Brand Officer | Sale to Issuer | -2,883 | $63.04 | 277,238 |
| 30 Sep 2026 | Thomas Taira | President of Special Projects | Sale to Issuer | -3,948 | $63.04 | 153,461 |
| 30 Sep 2026 | Ernest Garcia III | Chairperson & CEO | Sale to Issuer | -7,067 | $63.04 | 8,351,754 |
| 30 Sep 2026 | Daniel Gill | Chief Product Officer | Sale to Issuer | -7,707 | $63.04 | 716,680 |
| 30 Sep 2026 | Mark Jenkins | Chief Financial Officer | Sale to Issuer | -7,016 | $63.04 | 786,810 |
| 30 Sep 2026 | Mark Jenkins | Chief Financial Officer | Derivative Exercise and Sale | -63,750 | $63.04 | 786,810 |
| 30 Sep 2026 | Benjamin Huston | Co-Founder & COO | Sale to Issuer | -7,016 | $63.04 | 115,985 |
| 30 Sep 2026 | Paul Breaux | VP, General Counsel, Secretary & Chief Compliance Officer | Sale to Issuer | -4,453 | $63.04 | 195,816 |
| 30 Sep 2026 | Stephen Palmer | Vice President of Accounting & Finance | Sale to Issuer | -3,021 | $63.04 | 92,326 |
| 30 Sep 2026 | Stephen Palmer | Vice President of Accounting & Finance | Open Market Disposition | -5,000 | $62.82 | 92,326 |
| 13 Sep 2026 | Thomas Taira | President of Special Projects | Automatic Disposition | -16,789 | $70.68 | 147,865 |
| 31 Aug 2026 | Ryan Keeton | Co-Founder & Chief Brand Officer | Sale to Issuer | -2,879 | $72.18 | 273,156 |
| 31 Aug 2026 | Thomas Taira | President of Special Projects | Sale to Issuer | -3,949 | $72.18 | 164,654 |
| 31 Aug 2026 | Ernest Garcia III | Chairperson & CEO | Sale to Issuer | -7,070 | $72.18 | 8,341,726 |
| 31 Aug 2026 | Daniel Gill | Chief Product Officer | Sale to Issuer | -7,705 | $72.18 | 709,214 |
| 31 Aug 2026 | Mark Jenkins | Chief Financial Officer | Sale to Issuer | -7,016 | $72.18 | 776,861 |
| 31 Aug 2026 | Mark Jenkins | Chief Financial Officer | Derivative Exercise and Sale | -63,750 | $71.83 | 776,861 |
| 31 Aug 2026 | Benjamin Huston | Co-Founder & COO | Sale to Issuer | -7,016 | $72.18 | 106,036 |
| 31 Aug 2026 | Benjamin Huston | Co-Founder & COO | Automatic Disposition | -50,000 | $71.83 | 106,036 |
From Form 4/Form 144 filings. Negative share counts are disposals (sales, gifts, or shares withheld for taxes); positive are acquisitions.
Short interest, by report
| Report date | Shares short | % of float | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 66,937,592 | 9.3% | 7.6 |
| 30 Sep 2026 | 67,380,242 | 9.4% | 7.9 |
| 15 Sep 2026 | 62,226,156 | 8.6% | 10.2 |
| 31 Aug 2026 | 65,927,875 | 9.2% | 7.3 |
| 14 Aug 2026 | 65,227,842 | 9.1% | 8.0 |
| 31 Jul 2026 | 71,271,408 | 9.9% | 6.0 |
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