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Spruce House Partnership (ai) Lp

CVNA
10% OWNER · CARVANA CO. · CIK 0001389653
FILING MIX · LIFETIME24%/76%
BUYS
5
SELLS
16
TOTAL VALUE
$700.15M
COMPANIES
4
ACTIVE SINCE
Feb 2020
HOLDINGS NOW
24,269,444
AVG SELL PX
$80.68
TRADE KIND
SHOWING 21 / 21
Trades · vs SPY
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Performance · forward returns vs SPY
20 backtested trades · 8 horizons
Forward-return performance of every backtestable P/S trade by Spruce House Partnership (ai) Lp, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.
HORIZONTRADESWIN RATEINSIDER RETURNSPY RETURNMEAN EXCESSMEDIAN EXCESST-STAT
7d20+20.00%+13.19%+2.48%+10.70%-0.11%
14d20+30.00%+3.59%+0.65%+2.94%-4.20%
30d20+35.00%+35.34%+6.40%+28.94%+7.88%
60d20+50.00%+82.80%+12.27%+70.53%+37.56%
90d20+50.00%+116.55%+17.55%+99.00%+45.40%
180d20+25.00%+203.22%+28.24%+174.98%+48.61%
1y20+50.00%+246.91%+45.05%+201.85%+102.42%
2y20+55.00%+107.39%+56.59%+50.80%+72.54%
How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.
Holdings over time
Not enough transaction history to chart holdings.
Trading cadence · quarterly flow
BUY SELL
2020
2020
2020
2020
2021
2021
FLOW · 5 buys / 16 sellsCOVERAGE · 6 quarters
Form 4 filings · all activity
COMPANYTYPESHARESPRICEVALUEHELD AFTERTRADE DATEFILED
CIGI
COLLIERS INTERNATIONAL GROUP INC.
SALE
1,500,000$102.63$153.94M4,225,143May 19, 2021May 21, 2021
W
WAYFAIR INC.
SALE
250,000$307.64$76.91M6,383,700Oct 13, 2020Oct 13, 2020
W
WAYFAIR INC.
SALE
293,493$297.02$87.17M6,633,700Oct 12, 2020Oct 13, 2020
W
WAYFAIR INC.
SALE
50,000$296.64$14.83M6,927,193Oct 9, 2020Oct 13, 2020
W
WAYFAIR INC.
SALE
179,610$301.90$54.22M6,977,193Oct 9, 2020Oct 13, 2020
W
WAYFAIR INC.
SALE
93,197$306.00$28.52M7,156,803Oct 8, 2020Oct 13, 2020
W
WAYFAIR INC.
PURCHASE
$35,000,000.00Apr 8, 2020Apr 29, 2020
XPO
XPO, INC.
SALE
215,100$51.63$11.11M9,090,601Mar 30, 2020Apr 1, 2020
XPO
XPO, INC.
SALE
215,100$51.63$11.11M9,060,601Mar 30, 2020May 8, 2020
XPO
XPO, INC.
SALE
347,800$46.43$16.15M9,275,701Mar 24, 2020Mar 26, 2020
XPO
XPO, INC.
SALE
152,200$45.82$6.97M9,623,501Mar 23, 2020Mar 25, 2020
XPO
XPO, INC.
SALE
566,986$42.78$24.26M9,775,701Mar 20, 2020Mar 24, 2020
CIGI
COLLIERS INTERNATIONAL GROUP INC.
SALE
260,100$46.47$12.09M5,725,143Mar 20, 2020Mar 24, 2020
W
WAYFAIR INC.
SALE
1,000,000$23.32$23.32M7,250,000Mar 19, 2020Mar 23, 2020
CVNA
CARVANA CO.
SALE
1,000,000$29.41$29.41M4,600,000Mar 19, 2020Mar 23, 2020
XPO
XPO, INC.
SALE
843,553$42.75$36.06M10,342,687Mar 19, 2020Mar 23, 2020
XPO
XPO, INC.
SALE
663,760$44.59$29.60M11,186,240Mar 18, 2020Mar 20, 2020
W
WAYFAIR INC.
PURCHASE
250,000$50.28$12.57M8,250,000Mar 9, 2020Mar 11, 2020
W
WAYFAIR INC.
PURCHASE
250,000$61.68$15.42M8,000,000Feb 28, 2020Mar 3, 2020
W
WAYFAIR INC.
PURCHASE
628,200$74.44$46.76M7,750,000Feb 24, 2020Feb 25, 2020
W
WAYFAIR INC.
PURCHASE
121,800$79.90$9.73M7,121,800Feb 21, 2020Feb 25, 2020
Other insiders · CVNA
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About this filer
CIK 0001389653
ROLE
10% Owner
PRIMARY
CVNA
COMPANIES
4
ACTIVE SINCE
Feb 2020
MARKETPEEL · /INSIDER/0001389653DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE
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