Clifford Sosin - CAS Investment Partners 13F Activity & Position Changes (Q1 2026)

As of Mar 31, 2026, the CAS Investment Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2026, the filing reported:

New Buys - Cardlytics, Inc. Common Stock, Hilton Grand Vacations Inc.

Increases - None reported

Reductions - Capital One Financial Corporati, Carvana Co., Latham Group, Inc.

Complete Exits - None reported

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2026	CDLX Cardlytics, Inc. Common Stock	Cardlytics, Inc. Common Stock	Buy - Position Entry	+5,198,067	-	$5.46M	5,198,067
Q1 2026	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell	-8,577	-1.5%	$105.00M	575,548
Q1 2026	CVNA Carvana Co.	Carvana Co.	Sell	-68,909	-1.5%	$1.43B	4,541,291
Q1 2026	HGV Hilton Grand Vacations Inc.	Hilton Grand Vacations Inc.	Buy - Position Entry	+5,239,891	-	$204.98M	5,239,891
Q1 2026	SWIM Latham Group, Inc.	Latham Group, Inc.	Sell	-13,852	-1.5%	$4.99M	928,545
Q4 2025	CDLX Cardlytics, Inc. Common Stock	Cardlytics, Inc. Common Stock	Sell - Position Exit	-5,198,067	-100.0%	$0.00	-
Q4 2025	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell	-81,345	-12.2%	$141.57M	584,125
Q4 2025	CVNA Carvana Co.	Carvana Co.	Sell	-279,474	-5.7%	$1.95B	4,610,200
Q4 2025	HGV Hilton Grand Vacations Inc.	Hilton Grand Vacations Inc.	Sell - Position Exit	-5,643,776	-100.0%	$0.00	-
Q4 2025	SWIM Latham Group, Inc.	Latham Group, Inc.	Sell	-57,603	-5.8%	$5.98M	942,397