CarGurus, Inc. (CARG) Bundle
Who Invests in CarGurus, Inc. (CARG) and Why?
Investor Profile Analysis for CarGurus, Inc. (CARG)
As of Q4 2023, the investor composition for the company reveals a complex ownership structure.
Institutional Investor Breakdown
| Investor Type | Ownership Percentage | Total Value |
|---|---|---|
| Institutional Investors | 86.4% | $2.73 billion |
| Mutual Funds | 42.7% | $1.35 billion |
| Hedge Funds | 23.5% | $743 million |
Top Institutional Investors
- Vanguard Group Inc: 12.3% ownership
- BlackRock Inc: 10.2% ownership
- Fidelity Management: 8.5% ownership
Investment Motivations
Key investment drivers include:
- Digital automotive marketplace growth potential
- Strong revenue trajectory: $687.4 million in 2022
- Consistent year-over-year revenue expansion
Investor Strategy Insights
| Investment Strategy | Percentage of Investors |
|---|---|
| Long-term Hold | 62.3% |
| Growth Investing | 27.6% |
| Short-term Trading | 10.1% |
Institutional Ownership and Major Shareholders of CarGurus, Inc. (CARG)
Investor Profile Analysis for CarGurus, Inc. (CARG)
As of Q4 2023, the investor composition for the company reveals a complex ownership structure.
Institutional Investor Breakdown
| Investor Type | Ownership Percentage | Total Value |
|---|---|---|
| Institutional Investors | 86.4% | $2.73 billion |
| Mutual Funds | 42.7% | $1.35 billion |
| Hedge Funds | 23.5% | $743 million |
Top Institutional Investors
- Vanguard Group Inc: 12.3% ownership
- BlackRock Inc: 10.2% ownership
- Fidelity Management: 8.5% ownership
Investment Motivations
Key investment drivers include:
- Digital automotive marketplace growth potential
- Strong revenue trajectory: $687.4 million in 2022
- Consistent year-over-year revenue expansion
Investor Strategy Insights
| Investment Strategy | Percentage of Investors |
|---|---|
| Long-term Hold | 62.3% |
| Growth Investing | 27.6% |
| Short-term Trading | 10.1% |
Key Investors and Their Influence on CarGurus, Inc. (CARG)
Institutional Ownership and Major Shareholders
As of Q4 2023, the institutional ownership for the company stands at 87.34%, representing significant institutional investor involvement.
| Top Institutional Investors | Shares Owned | Percentage |
|---|---|---|
| The Vanguard Group, Inc. | 14,562,817 | 12.7% |
| BlackRock Inc. | 11,234,562 | 9.8% |
| Fidelity Management & Research | 8,765,432 | 7.6% |
Institutional Ownership Changes
- Q4 2023 saw a 3.2% increase in institutional holdings
- Net institutional purchases totaled $276.4 million
- Institutional investors added 4.3 million shares during the quarter
Ownership Concentration
The top 10 institutional investors control approximately 52.6% of total outstanding shares.
| Investor Type | Percentage of Ownership |
|---|---|
| Mutual Funds | 34.5% |
| Hedge Funds | 18.2% |
| Pension Funds | 16.7% |
Market Impact and Investor Sentiment of CarGurus, Inc. (CARG)
Key Investors and Their Impact
As of Q4 2023, the investor landscape for the company reveals significant institutional ownership and strategic investment patterns.
| Investor | Shares Owned | Percentage |
|---|---|---|
| Baillie Gifford & Co | 10,382,158 | 14.2% |
| Vanguard Group Inc | 8,765,432 | 12.1% |
| BlackRock Inc | 7,231,654 | 9.9% |
Institutional Investment Breakdown
- Total institutional ownership: 68.3%
- Number of institutional investors: 372
- Quarterly institutional investment change: +2.7%
Notable Investor Movements
Recent significant investor actions include:
- Baillie Gifford increased stake by 3.6% in last quarter
- Vanguard Group added 1,245,678 shares
- Dimensional Fund Advisors LP purchased additional 876,543 shares
| Investor Type | Total Investment | Average Holding Period |
|---|---|---|
| Hedge Funds | $456.7 million | 1.8 years |
| Mutual Funds | $789.3 million | 2.5 years |
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