CAS Investment Partners, LLC — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, CAS Investment Partners, LLC trimmed 4 positions. The fund's 13F equity book declined from $2.34B to $1.75B (-25.2% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $2.34BPrior quarter
- $1.75BCurrent quarter
- $-0.59BNet delta
- -25.2%% change
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| CARVANA CO | CVNA | -1.58% | -1.49% | History → |
| LATHAM GROUP INC | SWIM | 0.03% | -1.47% | History → |
| CAPITAL ONE FINL CORP | COF | -0.05% | -1.47% | History → |
| HILTON GRAND VACATIONS INC | HGV | 1.54% | -1.46% | History → |
Methodology & FAQ
How CAS Investment Partners, LLC Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for CAS Investment Partners, LLC against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did CAS Investment Partners, LLC initiate in Q1 2026?
CAS Investment Partners, LLC established no new positions in Q1 2026.
Which existing positions saw the largest allocation increases for CAS Investment Partners, LLC in Q1 2026?
CAS Investment Partners, LLC reported no material allocation increases in existing positions in Q1 2026.
Which positions did CAS Investment Partners, LLC fully exit in Q1 2026?
CAS Investment Partners, LLC fully exited no positions in Q1 2026.
Which existing positions saw the largest allocation reductions for CAS Investment Partners, LLC in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: CARVANA CO (CVNA, -1.58% weight, -1.49% shares), LATHAM GROUP INC (SWIM, 0.03% weight, -1.47% shares), CAPITAL ONE FINL CORP (COF, -0.05% weight, -1.47% shares), HILTON GRAND VACATIONS INC (HGV, 1.54% weight, -1.46% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity.