CARVANA CO. - COMMON STOCK (CVNA) Institutional Ownership

13F Institutional Holders and Ownership History from Q2 2017 to Q4 2025

Type / Class
Equity / COMMON STOCK
Symbol
CVNA on NYSE
Shares outstanding
141,174,143
Price per share
$427.44
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
145,170,454
Total reported value
$61,226,962,096
% of total 13F portfolios
0.08%
Share change
+9,912,180
Value change
+$4,292,103,276
Number of holders
827
Price from insider filings
$427.44
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of CARVANA CO. - COMMON STOCK (CVNA) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
GARCIA ERNEST C. II 24% -5.2% $14,895,617,327 -$721,543,757 43,342,792 -4.6% Ernest C. Garcia II 30 Jul 2025
GARCIA ERNEST C. III 18% $10,412,917,129 30,299,174 Ernest C. Garcia, III 31 Jul 2025
PRICE T ROWE ASSOCIATES INC /MD/ 13% $8,262,854,818 17,787,942 T. Rowe Price Associates, Inc. 31 Dec 2025
VANGUARD GROUP INC 12% $7,082,805,118 16,783,099 The Vanguard Group 31 Dec 2025
BlackRock, Inc. 7.6% +42% $4,540,979,934 +$1,426,924,318 10,760,106 +46% BlackRock, Inc. 31 Dec 2025
CVAN Holdings LLC 4.3% $2,129,165,214 6,195,377 CVAN Holdings, LLC 30 Jun 2025
FMR LLC 4.5% -38% $2,091,274,967 -$1,229,152,251 6,085,125 -37% FMR LLC 30 Jun 2025
CAS Investment Partners, LLC 4.2% $1,384,816,214 5,685,029 CAS Investment Partners, LLC 31 Mar 2025
GREENOAKS CAPITAL PARTNERS LLC 4.2% $1,944,321,617 5,657,525 GREENOAKS CAPITAL PARTNERS LLC 30 Jun 2025

As of 31 Dec 2025, 827 institutional investors reported holding 145,170,454 shares of CARVANA CO. - COMMON STOCK (CVNA). This represents 103% of the company’s total 141,174,143 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of CARVANA CO. - COMMON STOCK (CVNA) together control 76% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
PRICE T ROWE ASSOCIATES INC /MD/ 13% 17,726,838 +8.6% 0.81% $7,481,081,000
VANGUARD GROUP INC 12% 16,783,101 +25% 0.1% $7,082,804,283
BlackRock, Inc. 8.3% 11,717,838 +19% 0.08% $4,945,162,098
JPMORGAN CHASE & CO 4.3% 6,130,229 -4.1% 0.17% $2,587,080,363
FMR LLC 4.2% 5,961,989 +4.3% 0.13% $2,516,078,417
STATE STREET CORP 4% 5,714,779 +94% 0.08% $2,411,751,034
Capital Research Global Investors 4% 5,700,953 +43% 0.44% $2,405,959,407
CAS Investment Partners, LLC 3.3% 4,610,200 -5.7% 83% $1,945,596,604
GREENOAKS CAPITAL PARTNERS LLC 3% 4,235,613 -20% 60% $1,787,513,398
GEODE CAPITAL MANAGEMENT, LLC 2.7% 3,880,711 +55% 0.1% $1,632,762,768
Lingotto Investment Management LLP 2% 2,855,140 -7.7% 21% $1,204,926,183
SANDS CAPITAL MANAGEMENT, LLC 1.7% 2,442,534 +44% 3.1% $1,030,798,199
SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 1.6% 2,275,000 -37% 28% $960,095,500
Invesco Ltd. 1.4% 1,977,138 +37% 0.13% $834,391,589
COATUE MANAGEMENT LLC 1.4% 1,958,229 -2.2% 2.1% $826,411,802
LONE PINE CAPITAL LLC 1.3% 1,779,328 +0.8% 5.5% $750,912,003
MORGAN STANLEY 1.1% 1,526,517 +15% 0.04% $644,222,041
KPS Global Asset Management UK Ltd 1.1% 1,500,000 0% 77% $633,030,000
RENAISSANCE TECHNOLOGIES LLC 1% 1,407,398 +39% 0.92% $593,950,104
Capital World Investors 0.91% 1,278,944 +59% 0.07% $539,739,947
NORTHERN TRUST CORP 0.84% 1,188,994 +48% 0.06% $501,779,248
Whale Rock Capital Management LLC 0.76% 1,070,802 +89% 5.8% $451,899,860
VIKING GLOBAL INVESTORS LP 0.75% 1,061,533 -49% 1.2% $447,988,157
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.71% 1,002,364 +57% 0.07% $423,017,655
Dragoneer Investment Group, LLC 0.69% 979,460 +44% 9% $413,351,709

Institutional Holders of CARVANA CO. - COMMON STOCK (CVNA) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 145,170,454 $61,226,962,096 +$4,292,103,276 $422.02 827
2025 Q3 135,153,155 $50,983,198,587 +$2,214,345,565 $377.24 769
2025 Q2 131,484,315 $44,302,936,078 +$3,310,109,339 $336.96 731
2025 Q1 122,035,123 $25,504,705,942 -$365,127,268 $209.08 604
2024 Q4 124,886,007 $25,396,778,946 +$1,119,775,241 $203.36 576
2024 Q3 118,343,730 $20,606,107,950 +$386,585,445 $174.11 474
2024 Q2 115,972,963 $14,928,226,877 +$61,691,524 $128.72 405
2024 Q1 115,652,568 $10,163,963,961 -$210,502,505 $87.91 321
2023 Q4 118,528,436 $6,273,789,260 +$348,043,341 $52.94 283
2023 Q3 110,257,649 $4,627,401,972 +$206,331,048 $41.98 250
2023 Q2 108,531,757 $2,814,124,828 +$20,262,558 $25.92 236
2023 Q1 111,092,195 $1,087,421,905 -$79,041,506 $9.79 204
2022 Q4 123,981,335 $587,520,297 -$240,764,087 $4.74 208
2022 Q3 126,356,290 $2,568,806,309 +$40,067,741 $20.30 228
2022 Q2 123,622,980 $2,791,961,950 -$183,559,231 $22.58 266
2022 Q1 106,531,818 $12,713,147,124 -$883,155,888 $119.29 360
2021 Q4 104,548,594 $24,230,428,072 +$1,536,237,974 $231.79 403
2021 Q3 96,861,606 $29,207,386,871 +$787,348,514 $301.54 433
2021 Q2 94,224,068 $28,455,197,090 +$1,485,630,311 $301.82 432
2021 Q1 93,118,457 $24,433,969,760 +$521,578,406 $262.40 420
2020 Q4 87,676,133 $21,012,971,152 +$800,238,481 $239.54 392
2020 Q3 83,614,491 $18,654,920,243 +$140,215,792 $223.06 314
2020 Q2 84,642,208 $10,222,136,152 -$138,259,652 $120.20 266
2020 Q1 86,129,833 $4,744,455,190 +$1,037,817,532 $55.09 207
2019 Q4 64,899,107 $5,981,680,871 +$115,690,899 $92.05 234
2019 Q3 62,760,939 $4,142,174,355 +$458,039,928 $66.00 212
2019 Q2 56,197,232 $3,517,255,342 +$147,715,622 $62.59 197
2019 Q1 53,739,743 $3,120,087,592 +$295,468,281 $58.06 180
2018 Q4 52,103,629 $1,704,105,385 +$224,672,458 $32.71 151
2018 Q3 38,118,808 $2,252,456,471 +$166,634,744 $59.09 156
2018 Q2 36,388,954 $1,521,132,438 +$582,219,857 $41.60 120
2018 Q1 22,564,636 $517,398,152 +$56,387,242 $22.93 83
2017 Q4 19,727,780 $377,196,579 +$1,430,176 $19.12 82
2017 Q3 20,299,518 $298,037,914 +$54,474,324 $14.68 80
2017 Q2 15,908,482 $325,642,865 +$325,632,862 $20.47 83