13FPulse
CA

CARG CARGURUS INC

2026Q2 · CUSIP 141788109 · Sector: Technology

Normal

Fund flows are within the usual range

Funds that own it
362
Institutions that reported holding it to the SEC
Net increase in holders
+5
Last quarter 357 → now 362
How unusual is that
Above average
Stronger buying than 56% of US stocks
What the filings say, in one paragraph

362 funds held CARG at the end of 2026Q2, up 5 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, revenue over the last 12 months was $967M(YoY +13.9%), the P/E is 18.8x, return on equity is 66.5%. CARG has had 15 buying rushes in its history, and the price moved -0.7% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Technology sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2018Q1: holders=60 2018Q2: holders=101 2018Q3: holders=145 2018Q4: holders=153 2019Q1: holders=175 2019Q2: holders=168 2019Q3: holders=159 2019Q4: holders=200 2020Q1: holders=161 2020Q2: holders=186 2020Q3: holders=203 2020Q4: holders=204 2021Q1: holders=201 2021Q2: holders=198 2021Q3: holders=217 2021Q4: holders=234 2022Q1: holders=260 2022Q2: holders=217 2022Q3: holders=213 2022Q4: holders=197 2023Q1: holders=197 2023Q2: holders=214 2023Q3: holders=239 2023Q4: holders=242 2024Q1: holders=240 2024Q2: holders=261 2024Q3: holders=280 2024Q4: holders=321 2025Q1: holders=305 2025Q2: holders=338 2025Q3: holders=337 2025Q4: holders=367 2026Q1: holders=357 2026Q2: holders=362 -44 -22 +0 +22 +44 54220386 18Q119Q120Q121Q122Q123Q124Q125Q126Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 15 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2025Q4 Top 20% -3.4%
2025Q2 Top 10% +9.7% -12.6%
2024Q4 Top 20% -18.4% -18.6%
2024Q3 Top 20% -12.0% -10.1%
2024Q2 Top 20% +26.9% +34.9%
2023Q3 Top 10% +14.2% +17.3%
2023Q2 Top 20% +13.6% +31.9%
2022Q1 Top 10% -13.7% -39.7%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
184
Change in large funds
+7
Total value they hold
$2.7B
Funds buying for the first time
63
Funds that sold out entirely
58
Price change that quarter
+20.8%
Funds holding puts (bearish)
4
Funds holding calls (bullish)
3

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
18.8
EPS (TTM)
$1.84
EPS YoY
+49.6%
Revenue (TTM)
$1.0B
Revenue YoY
+13.9%
Net margin
18.2%
ROE
66.5%
Debt ratio
52.4%
FCF (TTM)
$315M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS 0.24 2021-12-31: EPS -0.66 2022-03-31: EPS -0.53 2022-06-30: EPS -0.09 2022-09-30: EPS 0.14 2022-12-31: EPS 1.10 2023-03-31: EPS 0.10 2023-06-30: EPS 0.12 2023-09-30: EPS 0.17 2023-12-31: EPS -0.20 2024-03-31: EPS 0.20 2024-06-30: EPS -0.65 2024-09-30: EPS 0.21 2024-12-31: EPS 0.43 2025-03-31: EPS 0.37 2025-06-30: EPS 0.22 2025-09-30: EPS 0.45 2025-12-31: EPS 0.51 2026-03-31: EPS 0.34 2026-06-30: EPS 0.54 0M 256M 511M $M -0.73 0.24 1.21 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 24 11 115 220 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-40M27M94M 20162017201820192020202120222023202420252026
Latest quarter $69M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.