SEC 13F Intelligence

Spruce House Investment Management LLC / CVNA

Spruce House Investment Management LLC’s Carvana Co Position

Does Spruce House Investment Management LLC own Carvana Co (CVNA)? Yes — 2.33M shares worth $734M (+26.21% of its 13F portfolio) as of Q1 2026, up from 2.27M shares the prior filed quarter.

Position Value
$734M
Q1 2026
Shares
2.33M
% of Portfolio
+26.21%
Quarters Held
30
currently held

Position History CVNA

Reported value by quarter
Q4 ’18: $180MQ4 ’18Q1 ’19: $325MQ2 ’19: $351MQ3 ’19: $370MQ4 ’19: $515MQ4 ’19Q1 ’20: $238MQ2 ’20: $520MQ3 ’20: $964MQ4 ’20: $949MQ4 ’20Q1 ’21: $1.0BQ2 ’21: $1.2BQ3 ’21: $1.1BQ4 ’21: $869MQ4 ’21Q1 ’22: $596MQ2 ’22: $139MQ3 ’22: $133MQ4 ’22: $47MQ4 ’22Q1 ’23: $98MQ2 ’23: $259MQ3 ’23: $420MQ4 ’23: $502MQ4 ’23Q1 ’24: $440MQ2 ’24: $644MQ3 ’24: $871MQ4 ’24: $1.0BQ4 ’24Q1 ’25: $755MQ2 ’25: $1.2BQ3 ’25: $1.4BQ4 ’25: $960MQ4 ’25Q1 ’26: $734Mfilingsflow.com
QuarterSharesValue% of Portfolio
Q1 20262.33M$734M+26.21%
Q4 20252.27M$960M+27.84%
Q3 20253.61M$1.4B+35.18%
Q2 20253.61M$1.2B+44.87%
Q1 20253.61M$755M+39.19%
Q4 20244.92M$1.0B+36.79%
Q3 20245.00M$871M+42.68%
Q2 20245.00M$644M+42.38%
Q1 20245.00M$440M+31.61%
Q4 20239.49M$502M+39.50%
Q3 202310.00M$420M+37.32%
Q2 202310.00M$259M+29.62%
Q1 202310.00M$98M+19.16%
Q4 202210.00M$47M+12.57%
Q3 20226.55M$133M+23.97%
Q2 20226.15M$139M+20.05%
Q1 20225.00M$596M+34.49%
Q4 20213.75M$869M+27.26%
Q3 20213.75M$1.1B+29.29%
Q2 20213.96M$1.2B+28.55%
Q1 20213.96M$1.0B+29.83%
Q4 20203.96M$949M+29.05%
Q3 20204.32M$964M+5.22%
Q2 20204.32M$520M+6.97%
Q1 20204.32M$238M+15.04%
Q4 20195.60M$515M+16.83%
Q3 20195.60M$370M+13.37%
Q2 20195.60M$351M+13.17%
Q1 20195.60M$325M+11.95%
Q4 20185.50M$180M+8.28%

Common-stock position only; options are excluded. Quarters where the fund filed no 13F or reported no position are absent. See Spruce House Investment Management LLC’s full portfolio or all institutional holders of CVNA.