CAS Investment Partners, LLC
CAS Investment Partners, LLC, managed by Clifford Sosin, reported 6 positions worth $1.88B in its 2026 Q2 13F filing: 2 new and 1 closed.
Estimated return
Since 2025 Q2 the disclosed positions returned an estimated +51.9% against +34.4% for the S&P 500. Price-only return of the fund's top 100 US longs at each quarter start, vs the S&P 500 over the same windows. Not the fund's actual return (no trades, fees, shorts, derivatives, cash).
| Quarter | Fund | S&P 500 |
|---|---|---|
| 2025 Q2 | +50.2% | +11.4% |
| 2025 Q3 | +9.6% | +7.6% |
| 2025 Q4 | +11.5% | +3.1% |
| 2026 Q1 | -24.1% | -5.8% |
| 2026 Q2 | +9.0% | +15.5% |
Top holdings, 2026 Q2
| Ticker | Company | Value | Portfolio % | Change |
|---|---|---|---|---|
| CVNA | CARVANA CO CL A | $1.48B | 78.90% | -0.6% |
| HGV | HILTON GRAND VACATIONS | $272.68M | 14.50% | -0.6% |
| META | META PLATFORMS INC | $76.75M | 4.10% | NEW |
| VAC | MARRIOTT VACATIONS WORLDWIDE CORP. | $40.75M | 2.20% | NEW |
| SWIM | LATHAM GROUP | $5.97M | 0.32% | -0.6% |
| CDLX | CARDLYTICS, INC. | $2.11M | 0.11% | -90.9% |
All funds · Hedge Fund Tracker
Source: SEC EDGAR 13F filings, reported as of quarter end and filed up to 45 days later. Not investment advice.