CVNANYSERetail-Auto Dealers & Gasoline StationsFiscal year ends December 31
CARVANA CO.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$58.71−0.12 (-0.20%)
Close on Oct 19, 2026
- Market cap
- $43.44B
- P/E (TTM)
- 6.9
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
67.2%
740M of 1.10B shares
Institutional holders
814
146 new, 106 sold out
Net institutional buying
589M
In Q2 2026
Insider trades, 12 months
3 buys · 366 sales
Net sold $267.42M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Abigail P. Johnson | 7,446,815 | 5.20% | 13G (passive) | Mar 31, 2026 |
| Capital Research Global Investors | 63,427,023 | 8.90% | 13G (passive) amendment | Jun 30, 2026 |
| BlackRock, Inc. | 44,896,905 | 6.30% | 13G (passive) amendment | Jun 30, 2026 |
| Ernest C. Garcia II | 42,442,317 | 22.90% | 13D (active) amendment | Apr 29, 2026 |
| Ernest C. Garcia, III | 30,299,174 | 18.20% | 13G (passive) amendment | Jul 31, 2025 |
| T. Rowe Price Associates, Inc. | 17,787,942 | 12.60% | 13G (passive) amendment | Dec 31, 2025 |
| Vanguard Capital Management | 10,377,287 | 7.25% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of CVNA | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Price T Rowe Associates Inc /Md/ | 84,695,539 | 7.70% | $5.57M | +66,913,832 | 0.56% |
| Capital Research Global Investors | 63,423,386 | 5.76% | $4.17B | +52,572,881 | 0.58% |
| BlackRock, Inc. | 48,494,910 | 4.41% | $3.19B | +36,962,753 | 0.05% |
| Vanguard Capital Management LLC | 45,590,117 | 4.14% | $3.00B | +36,596,089 | 0.06% |
| FMR LLC | 33,604,708 | 3.05% | $2.21B | +26,157,893 | 0.10% |
| Vanguard Portfolio Management LLC | 32,154,471 | 2.92% | $2.12B | +25,807,104 | 0.10% |
| State Street Corp | 29,435,364 | 2.67% | $1.94B | +23,742,422 | 0.06% |
| Capital International Investors | 23,257,742 | 2.11% | $1.53B | +19,929,759 | 0.32% |
| CAS Investment Partners, LLC | 22,559,570 | 2.05% | $1.48B | +18,018,279 | 78.85% |
| Greenoaks Capital Partners LLC | 21,344,170 | 1.94% | $1.40B | +17,141,336 | 59.61% |
| Geode Capital Management, LLC | 16,653,349 | 1.51% | $1.09B | +12,740,582 | 0.06% |
| Capital World Investors | 14,200,258 | 1.29% | $934.66M | +11,594,873 | 0.11% |
| Viking Global Investors LP | 12,322,311 | 1.12% | $811.05M | +9,542,276 | 2.31% |
| Spruce House Investment Management LLC | 11,675,000 | 1.06% | $768.45M | +9,340,000 | 22.61% |
| Aspex Management (HK) Ltd | 10,891,999 | 0.99% | $716.91K | +9,072,909 | 8.06% |
| Lone Pine Capital LLC | 10,520,666 | 0.96% | $692.47M | +8,765,957 | 4.23% |
| Lingotto Investment Management LLP | 9,283,819 | 0.84% | $611.06M | +6,735,742 | 13.10% |
| JPMorgan Chase & Co | 8,617,436 | 0.78% | $549.10M | +6,080,634 | 0.03% |
| Sands Capital Management, LLC | 8,462,945 | 0.77% | $557.03M | +6,345,697 | 2.07% |
| Invesco Ltd. | 7,616,853 | 0.69% | $501.34M | +6,550,240 | 0.04% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 814 | 740M | 67.2% | 146 / 645 | 19 / 106 | 594M | 4M |
| Q1 2026 | 781 | 151M | 13.7% | 114 / 303 | 278 / 175 | 38M | 17M |
| Q4 2025 | 852 | 147M | 13.3% | 201 / 324 | 251 / 112 | 27M | 25M |
| Q3 2025 | 776 | 145M | 13.2% | 129 / 321 | 236 / 85 | 26M | 11M |
| Q2 2025 | 741 | 132M | 12.0% | 199 / 286 | 201 / 67 | 27M | 18M |
| Q1 2025 | 613 | 123M | 11.2% | 125 / 237 | 186 / 85 | 18M | 20M |
| Q4 2024 | 586 | 126M | 11.4% | 158 / 204 | 176 / 56 | 17M | 10M |
| Q3 2024 | 489 | 120M | 10.9% | 119 / 172 | 151 / 38 | 23M | 16M |
| Q2 2024 | 411 | 117M | 10.6% | 111 / 133 | 124 / 31 | 21M | 51M |
| Q1 2024 | 334 | 146M | 13.3% | 77 / 99 | 113 / 33 | 22M | 12M |
| Q4 2023 | 292 | 136M | 12.4% | 71 / 100 | 76 / 31 | 32M | 6M |
| Q3 2023 | 256 | 111M | 10.1% | 57 / 69 | 90 / 46 | 19M | 17M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of CVNA | Value | % of fund | As of |
|---|---|---|---|---|---|
| T. Rowe Price Blue Chip Growth Fund, Inc. | 31,420,383 | 2.86% | $2.07B | 3.20% | Jun 30, 2026 |
| Growth Fund of America | 29,454,807 | 2.68% | $2.15B | 0.60% | May 31, 2026 |
| AMCAP Fund | 25,173,280 | 2.29% | $1.84B | 1.89% | May 31, 2026 |
| Vanguard Total Stock Market Index Fund | 21,601,824 | 1.96% | $1.42B | 0.06% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 18,566,745 | 1.69% | $1.22B | 0.07% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 14,744,546 | 1.34% | $970.49M | 0.43% | Jun 30, 2026 |
| Fidelity Advisor Growth Opportunities Fund | 11,029,400 | 1.00% | $805.15M | 2.28% | May 31, 2026 |
| American Funds Fundamental Investors | 10,162,365 | 0.92% | $668.89M | 0.37% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 9,852,304 | 0.90% | $648.48M | 0.07% | Jun 30, 2026 |
| Capital World Growth & Income Fund | 9,213,260 | 0.84% | $672.57M | 0.42% | May 31, 2026 |
| Fidelity 500 Index Fund | 9,048,964 | 0.82% | $660.57M | 0.08% | May 31, 2026 |
| Vanguard Growth Index Fund | 8,136,138 | 0.74% | $535.52M | 0.14% | Jun 30, 2026 |
| T. Rowe Price Growth Stock Fund, Inc. | 5,612,698 | 0.51% | $369.43M | 0.74% | Jun 30, 2026 |
| Fidelity Blue Chip Growth Fund | 5,337,165 | 0.48% | $332.83M | 0.34% | Jul 31, 2026 |
| Vanguard Mid-Cap Growth Index Fund | 5,213,196 | 0.47% | $343.13M | 0.99% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Ernest C. Garcia Iii | Chief Executive Officer, Director, 10% owner | 36,383,282 | 3.31% | Sep 3, 2026 |
| Thomas Taira | President, Special Projects | 381,096 | 0.03% | Sep 16, 2026 |
| Mark W. Jenkins | Chief Financial Officer | 1,175,862 | 0.11% | Sep 3, 2026 |
| Ryan S. Keeton | Chief Brand Officer | 429,510 | 0.04% | Sep 3, 2026 |
| Stephen R. Palmer | Vice President of Accounting | 133,886 | 0.01% | Sep 3, 2026 |
| Benjamin E. Huston | Chief Operating Officer | 478,693 | 0.04% | Sep 3, 2026 |
| Daniel J. Gill | Chief Product Officer | 1,042,599 | 0.09% | Sep 3, 2026 |
| Paul W. Breaux | See Remarks | 426,483 | 0.04% | Sep 3, 2026 |
| J. Danforth Quayle | Director | 291,985 | 0.03% | Aug 17, 2026 |
| Ira J. Platt | Director | 255,833 | 0.02% | Aug 17, 2026 |
| Michael E. Maroone | Director | 209,990 | 0.02% | Aug 4, 2026 |
| Gregory B. Sullivan | Director | 40,210 | 0.00% | Apr 16, 2026 |
| Neha Parikh | Director | 64,428 | 0.01% | Apr 16, 2026 |
| Ernest C. Garcia Ii | 10% owner | 44,415,588 | 4.04% | May 1, 2026 |
| Ecg Ii Spe, Llc | 10% owner | 44,739,742 | 4.07% | Aug 14, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Thomas Taira President, Special Projects | Sep 14, 2026 | Sale(10b5-1 plan) | −2,680 | $70.05 | $187.73K | 381,096 |
| Thomas Taira President, Special Projects | Sep 14, 2026 | Sale(10b5-1 plan) | −14,109 | $70.68 | $997.22K | 366,987 |
| Daniel J. Gill Chief Product Officer | Sep 1, 2026 | Tax withholding | −7,705 | $72.18 | $556.15K | 1,042,599 |
| Stephen R. Palmer Vice President of Accounting | Sep 1, 2026 | Tax withholding | −3,023 | $72.18 | $218.20K | 133,886 |
| Stephen R. Palmer Vice President of Accounting | Sep 1, 2026 | Sale(10b5-1 plan) | −1,600 | $71.88 | $115.01K | 128,886 |
| Stephen R. Palmer Vice President of Accounting | Sep 1, 2026 | Sale(10b5-1 plan) | −3,400 | $71.40 | $242.76K | 130,486 |
| Ryan S. Keeton Chief Brand Officer | Sep 1, 2026 | Tax withholding | −2,879 | $72.18 | $207.81K | 429,510 |
| Benjamin E. Huston Chief Operating Officer | Sep 1, 2026 | Sale(10b5-1 plan) | −20,526 | $71.83 | $1.47M | 478,693 |
| Benjamin E. Huston Chief Operating Officer | Sep 1, 2026 | Tax withholding | −7,016 | $72.18 | $506.41K | 528,693 |
| Benjamin E. Huston Chief Operating Officer | Sep 1, 2026 | Sale(10b5-1 plan) | −29,474 | $71.36 | $2.10M | 499,219 |
| Mark W. Jenkins Chief Financial Officer | Sep 1, 2026 | Sale(10b5-1 plan) | −37,406 | $71.36 | $2.67M | 1,175,862 |
| Mark W. Jenkins Chief Financial Officer | Sep 1, 2026 | Tax withholding | −7,016 | $72.18 | $506.41K | 1,149,518 |
| Mark W. Jenkins Chief Financial Officer | Sep 1, 2026 | Option exercise | +50,000 | $2.01 | $100.50K | 1,199,518 |
| Mark W. Jenkins Chief Financial Officer | Sep 1, 2026 | Option exercise | +10,000 | $8.41 | $84.10K | 1,209,518 |
| Mark W. Jenkins Chief Financial Officer | Sep 1, 2026 | Option exercise | +3,750 | $10.39 | $38.96K | 1,213,268 |
| Mark W. Jenkins Chief Financial Officer | Sep 1, 2026 | Sale(10b5-1 plan) | −26,344 | $71.83 | $1.89M | 1,149,518 |
| Ernest C. Garcia Iii Chief Executive Officer, Director, 10% owner | Sep 1, 2026 | Tax withholding | −7,070 | $72.18 | $510.31K | 4,716,799 |
| Thomas Taira President, Special Projects | Sep 1, 2026 | Tax withholding | −3,949 | $72.18 | $285.04K | 383,776 |
| Paul W. Breaux See Remarks | Sep 1, 2026 | Tax withholding | −4,457 | $72.18 | $321.71K | 426,483 |
| Ira J. Platt Director | Aug 14, 2026 | Sale | −15,000 | $75.50 | $1.13M | 186,470 |
| Ira J. Platt Director | Aug 14, 2026 | Option exercise | +15,000 | $3.00 | $45.00K | 201,470 |
| J. Danforth Quayle Director | Aug 14, 2026 | Option exercise | +14,525 | $3.00 | $43.58K | 229,485 |
| J. Danforth Quayle Director | Aug 14, 2026 | Sale(10b5-1 plan) | −14,525 | $75.00 | $1.09M | 214,960 |
| Ira J. Platt Director | Aug 13, 2026 | Sale | −15,000 | $73.00 | $1.10M | 186,470 |
| Ira J. Platt Director | Aug 13, 2026 | Option exercise | +15,000 | $3.00 | $45.00K | 201,470 |
| Benjamin E. Huston Chief Operating Officer | Aug 3, 2026 | Award | +133,972 | – | – | 585,709 |
| Benjamin E. Huston Chief Operating Officer | Aug 3, 2026 | Sale(10b5-1 plan) | −6,320 | $63.18 | $399.30K | 579,389 |
| Benjamin E. Huston Chief Operating Officer | Aug 3, 2026 | Sale(10b5-1 plan) | −15,920 | $65.06 | $1.04M | 541,325 |
| Benjamin E. Huston Chief Operating Officer | Aug 3, 2026 | Sale(10b5-1 plan) | −5,616 | $65.81 | $369.59K | 535,709 |
| Benjamin E. Huston Chief Operating Officer | Aug 3, 2026 | Sale(10b5-1 plan) | −22,144 | $64.14 | $1.42M | 557,245 |
| Paul W. Breaux See Remarks | Aug 3, 2026 | Award | +85,336 | – | – | 430,940 |
| Ernest C. Garcia Iii Chief Executive Officer, Director, 10% owner | Aug 3, 2026 | Award | +134,707 | – | – | 4,723,869 |
| Thomas Taira President, Special Projects | Aug 3, 2026 | Award | +80,547 | – | – | 387,725 |
| Daniel J. Gill Chief Product Officer | Aug 3, 2026 | Award | +119,883 | – | – | 1,050,304 |
| Stephen R. Palmer Vice President of Accounting | Aug 3, 2026 | Sale(10b5-1 plan) | −520 | $65.82 | $34.23K | 136,909 |
| Stephen R. Palmer Vice President of Accounting | Aug 3, 2026 | Sale(10b5-1 plan) | −1,440 | $65.14 | $93.80K | 137,429 |
| Stephen R. Palmer Vice President of Accounting | Aug 3, 2026 | Sale(10b5-1 plan) | −760 | $63.19 | $48.02K | 141,149 |
| Stephen R. Palmer Vice President of Accounting | Aug 3, 2026 | Sale(10b5-1 plan) | −2,280 | $64.22 | $146.42K | 138,869 |
| Ryan S. Keeton Chief Brand Officer | Aug 3, 2026 | Award | +56,742 | – | – | 432,389 |
| Mark W. Jenkins Chief Financial Officer | Aug 3, 2026 | Sale(10b5-1 plan) | −8,637 | $65.75 | $567.88K | 1,156,534 |
| Mark W. Jenkins Chief Financial Officer | Aug 3, 2026 | Sale(10b5-1 plan) | −22,886 | $64.93 | $1.49M | 1,165,171 |
| Mark W. Jenkins Chief Financial Officer | Aug 3, 2026 | Option exercise | +50,000 | $2.01 | $100.50K | 1,206,534 |
| Mark W. Jenkins Chief Financial Officer | Aug 3, 2026 | Option exercise | +10,000 | $8.41 | $84.10K | 1,216,534 |
| Mark W. Jenkins Chief Financial Officer | Aug 3, 2026 | Option exercise | +3,750 | $10.39 | $38.96K | 1,220,284 |
| Mark W. Jenkins Chief Financial Officer | Aug 3, 2026 | Sale(10b5-1 plan) | −7,940 | $63.17 | $501.57K | 1,212,344 |
| Mark W. Jenkins Chief Financial Officer | Aug 3, 2026 | Sale(10b5-1 plan) | −24,287 | $64.08 | $1.56M | 1,188,057 |
| Mark W. Jenkins Chief Financial Officer | Aug 3, 2026 | Award | +133,972 | – | – | 1,156,534 |
| Benjamin E. Huston Chief Operating Officer | Aug 1, 2026 | Tax withholding | −7,018 | $62.36 | $437.64K | 451,737 |
| Paul W. Breaux See Remarks | Aug 1, 2026 | Tax withholding | −4,453 | $62.36 | $277.69K | 345,604 |
| Ernest C. Garcia Iii Chief Executive Officer, Director, 10% owner | Aug 1, 2026 | Tax withholding | −7,069 | $62.36 | $440.82K | 4,589,162 |
| Thomas Taira President, Special Projects | Aug 1, 2026 | Tax withholding | −3,948 | $62.36 | $246.20K | 307,178 |
| Daniel J. Gill Chief Product Officer | Aug 1, 2026 | Tax withholding | −7,707 | $62.36 | $480.61K | 930,421 |
| Stephen R. Palmer Vice President of Accounting | Aug 1, 2026 | Tax withholding | −3,025 | $62.36 | $188.64K | 141,909 |
| Ryan S. Keeton Chief Brand Officer | Aug 1, 2026 | Tax withholding | −2,881 | $62.36 | $179.66K | 375,647 |
| Mark W. Jenkins Chief Financial Officer | Aug 1, 2026 | Tax withholding | −7,018 | $62.36 | $437.64K | 1,022,562 |
| Michael E. Maroone Director | Jul 31, 2026 | Buy | +21,153 | $61.69 | $1.30M | 164,726 |
| Michael E. Maroone Director | Jul 31, 2026 | Buy | +3,847 | $62.40 | $240.05K | 168,573 |
| Benjamin E. Huston Chief Operating Officer | Jul 1, 2026 | Tax withholding | −7,014 | $67.87 | $476.04K | 508,755 |
| Benjamin E. Huston Chief Operating Officer | Jul 1, 2026 | Sale(10b5-1 plan) | −2,560 | $65.23 | $166.99K | 506,195 |
| Benjamin E. Huston Chief Operating Officer | Jul 1, 2026 | Sale(10b5-1 plan) | −3,680 | $66.06 | $243.10K | 502,515 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Taira Thomas Officer | Oct 13, 2026 | 5,597 | $356.70K | Oct 12, 2026 | Restricted Stock Units |
| Jenkins Mark Officer | Oct 1, 2026 | 63,750 | $3.99M | Oct 1, 2026 | Exercise of Stock Options |
| Taira Thomas Officer | Sep 14, 2026 | 16,789 | $1.16M | Sep 14, 2026 | Restricted Stock Units |
| Jenkins Mark Officer | Sep 1, 2026 | 63,750 | $4.68M | Sep 1, 2026 | Exercise of Stock Options |
| Trust BHJC Officer | Sep 1, 2026 | 50,000 | $3.67M | Sep 1, 2026 | Restricted Stock Units |
| Danforth Quayle James Director | Aug 14, 2026 | 14,525 | $1.07M | Aug 14, 2026 | Exercise of Stock Options |
| Platt Ira Director | Aug 14, 2026 | 15,000 | $1.13M | Aug 14, 2026 | Exercise of Options Under a Registered Plan |
| Platt Ira Director | Aug 13, 2026 | 15,000 | $1.10M | Aug 13, 2026 | Exercise of Options Under a Registered Plan |
| Jenkins Mark Officer | Aug 3, 2026 | 63,750 | $3.98M | Aug 3, 2026 | Exercise of Stock Options |
| Trust BHJC Officer | Aug 3, 2026 | 50,000 | $3.12M | Aug 3, 2026 | Restricted Stock Units |
| Trust BHJC Officer | Jul 1, 2026 | 50,000 | $3.29M | Jul 1, 2026 | Restricted and Performance Stock Units |
| Jenkins Mark Officer | Jul 1, 2026 | 63,750 | $4.20M | Jul 1, 2026 | Exercise of Stock Options |
| Platt Ira Director | Jun 15, 2026 | 15,000 | $1.02M | Jun 15, 2026 | Exercise of Options Under a Registered Plan |
| Danforth Quayle James Director | Jun 10, 2026 | 14,525 | $1.01M | Jun 10, 2026 | Exercise of Stock Options |
| Taira Thomas Officer | Jun 8, 2026 | 5,597 | $372.26K | Jun 8, 2026 | Restricted Stock Units |