CAS Investment Partners, LLC

CIK 1697591 · View on SEC EDGAR ↗

Portfolio value
$1.9B
#1,582 of 9,443 by 13F value · top 16.8%
Positions
6
As of
June 30, 2026

Portfolio value QoQ: +7.7% 13F does not disclose cash

Top 10 holdings weight
100.00%
Top 25 holdings weight
100.00%
Positions above 1%
4
Effective number of positions
1.6

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 7.05% Est. buys $1,303,461,132 · sells $127,990,069

Median holding: 4.0 quarters Tracked Q4 2024–Q2 2026 · 66.7% still held

New positions
2
Increased
1
Decreased
3
Closed
1
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Performance vs S&P 500

Tracked Q4 2024–Q2 2026
-43.2%
S&P 500 total return (same window)
+28.1%
Excess return
-71.3%

Annualized: -31.5% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 97.9% · Options excluded: 0.0%

Sector breakdown

Retail
78.9%
Consumer Discretionary
17.0%
Communication Services
4.2%

Full portfolio 6 positions

Type Streak 8Q trend
CVNA Carvana Co. Class A Common Stock $1,484,870,897 78.85% 22,559,570 $57,179,832 Up ×1
HGV Hilton Grand Vacations Inc. Common Stock $272,683,049 14.48% 5,206,856 $67,698,513 Down ×1
META Meta Platforms, Inc. - Class A Common Stock $76,746,009 4.08% 136,246 Up ×1
VAC Marriott Vacations Worldwide Corporation Common Stock $40,752,000 2.16% 400,000 Up ×1
SWIM Latham Group, Inc. - Common Stock $5,969,474 0.32% 922,639 $983,187 Down ×3
CDLX Cardlytics, Inc. - Common Stock $2,114,727 0.11% 470,986 $-3,343,243 Down ×1

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
META $76,746,009 136,246 4.08%
VAC $40,752,000 400,000 2.16%

Top movers (QoQ)

Security Action Shares Δ Value Δ
HGV Trimmed -33K +$67.7M
CVNA Bought more +18.0M +$57.2M
CDLX Trimmed -4.7M -$3.3M
SWIM Trimmed -6K +$983K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
HGV Dec. 31, 2025 5,643,776 $235,966,275 0.8%
COF June 30, 2026 575,548 $104,997,222 8.5%
CDLX Dec. 31, 2025 5,198,067 $12,631,303 270.2%