CAS Investment Partners, LLC
CIK
1697591
Location
WESTPORT, CT
Portfolio Value
Mid
$1,748,117,076
Diversification
Highly concentrated
Filing Date
Global Rank
#1,069
/ 8,232
▼ 95
Top Industry
Auto & Truck Dealerships
81.7%
3Y Alpha vs SPY
-14.4%
Period ended 2 months ago
Filed May 15, 2026 · 30d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+20.4%
SPY
+76.3%
Annualised alpha
-14.4%
Max drawdown
−77.1%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
5 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
81.7%
−1.6 pts
Top 5
100.0%
0.0 pts
Top 10
100.0%
0.0 pts
HHI
6,844
Highly concentrated−227
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 93.4% | $1,632,675,599 |
| Financial Services | 6.0% | $104,997,221 |
| Communication Services | 0.3% | $5,457,970 |
| Industrials | 0.3% | $4,986,286 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedNo qualifying positions this quarter.
Trimmed
Positions the filer reduced
4 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| HGV | Hilton Grand Vacations Inc. | −77,489 | 5,239,891 | $204,984,535 | |
| CVNA | Carvana Co. | −68,909 | 4,541,291 | $1,427,691,064 | |
| SWIM | Latham Group, Inc. | −13,852 | 928,545 | $4,986,286 | |
| COF | Capital One Financial Corp | −8,577 | 575,548 | $104,997,221 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
5 positions ·
$1,748,117,076 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| CVNA |
Carvana Co.
Consumer Cyclical
|
Reduced | 4,541,291 | $1,427,691,064 | 81.67% | |
| HGV |
Hilton Grand Vacations Inc.
Consumer Cyclical
|
Reduced | 5,239,891 | $204,984,535 | 11.73% | |
| COF |
Capital One Financial Corp
Financial Services
|
Reduced | 575,548 | $104,997,221 | 6.01% | |
| CDLX |
Cardlytics, Inc.
Communication Services
|
Held | 5,198,067 | $5,457,970 | 0.31% | |
| SWIM |
Latham Group, Inc.
Industrials
|
Reduced | 928,545 | $4,986,286 | 0.29% |