CAS INVESTMENT PARTNERS, LLC
WESTPORT CT
Investment Advisor
Hedge Fund
CAS Investment Partners is based out of Westport. CAS Investment Partners is a hedge fund with 4 clients and discretionary assets under management (AUM) of $1,811,678,305 (Form ADV from 2025-03-18). Their last reported 13F filing for Q1 2025 included $1,539,879,334 in managed 13F securities
and a top 10 holdings concentration of 100.0%. CAS Investment Partners's largest holding is Carvana Co with shares held of 5,685,029. Whalewisdom has at least 30 13F filings, 7 13D filings, and 42 13G filings
Investment Strategy
The Firm invests in a tradable portfolio of credit and equity securities (on both a long and short basis). The Firm seeks to understand what processes/dynamics are at work that allow an issuer to earn profits over time despite competitive forces and how changes to the competitive ecosystem might impact the asset’s future performance. The Firm evaluates each investment individually on its own merits, without seeking to maintain any specific directional market or asset class bias.
The Firm focuses on asset-specific considerations which are subjected to rigorous due diligence. The Firm believes thoughtful security selection resides at the core of successful investing; thus, due diligence and research will represent the Firm’s primary use of time. The Funds’ overall market and asset class exposure is endogenous to the Firm’s opinion of risks and expected returns of individual securities and is likely to vary with market conditions and individual opportunities.
Owners
- SOSIN, CLIFFORD, A - MANAGING MEMBER / CHIEF COMPLIANCE OFFICER Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
(Subscription Required)
Other Contact Information
(Subscription Required)
2025-03-31
Top Buys (13F)
| Name | % Change |
|---|
2025-03-31
Top Sells (13F)
| Name | % Change |
|---|---|
| HGV Hilton Grand Vacatio | 0.84% |
| CDLX Cardlytics Inc | 0.71% |
| COF Capital One Financia | 0.11% |
2025-03-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| CVNA Carvana Co | 77.19% |
| HGV Hilton Grand Vacatio | 13.89% |
| COF Capital One Financia | 8.26% |
| CDLX Cardlytics Inc | 0.66% |
2025-03-31
13F Activity
| Market Value | $1.54b, Prior: $1.72b |
| Inflows (Outflows) as % of Total MV | (-12.5105)% |
| New Purchases | 0 stocks |
| Added To | 0 stocks |
| Sold out of | 0 stocks |
| Reduced holdings in | 4 stocks |
| Top 10 Holdings % | 100% |
| Turnover %[1] | 0% |
| Turnover Alt %[2] | 0% |
| Time Held Top 20 | 18.5 quarters |
| Time Held Top 10 | 18.5 quarters |
| Time Held All | 18.5 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2025-03-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2025-03-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2025-03-31