Clifford Sosin – CAS Investment Partners Portfolio Activity & Recent Trades (Dec 31, 2025)
As of Dec 31, 2025, the CAS Investment Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 17, 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 Q4 2025, the filing reported:
New Buys –
None reported
Increases –
None reported
Reductions – Capital One Financial Corporati, Carvana Co., Latham Group, Inc.
Complete Exits – Cardlytics, Inc. Common Stock, Hilton Grand Vacations Inc.
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 |
|---|---|---|---|---|---|---|---|
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 |
Q3 2025 | CDLX Cardlytics, Inc. Common Stock | Cardlytics, Inc. Common Stock | Sell | -415,855 | -7.4% | $12.63M | 5,198,067 |
Q3 2025 | COF Capital One Financial Corporati | Capital One Financial Corporati | Sell | -36,711 | -5.2% | $141.47M | 665,470 |
Q3 2025 | CVNA Carvana Co. | Carvana Co. | Sell | -32,594 | -0.7% | $1.84B | 4,889,674 |
Q3 2025 | HGV Hilton Grand Vacations Inc. | Hilton Grand Vacations Inc. | Sell | -16,027 | -0.3% | $235.97M | 5,643,776 |
Q3 2025 | SWIM Latham Group, Inc. | Latham Group, Inc. | Buy - Position Entry | +1,000,000 | - | $7.61M | 1,000,000 |
Q2 2025 | COF Capital One Financial Corporati | Capital One Financial Corporati | Sell | -7,114 | -1.0% | $149.40M | 702,181 |
Q2 2025 | CVNA Carvana Co. | Carvana Co. | Sell | -762,761 | -13.4% | $1.66B | 4,922,268 |
Q2 2025 | HGV Hilton Grand Vacations Inc. | Hilton Grand Vacations Inc. | Sell | -56,838 | -1.0% | $235.05M | 5,659,803 |
Q1 2025 | CDLX Cardlytics, Inc. Common Stock | Cardlytics, Inc. Common Stock | Sell | -754,988 | -11.9% | $10.22M | 5,613,922 |
Q1 2025 | COF Capital One Financial Corporati | Capital One Financial Corporati | Sell | -97,094 | -12.0% | $127.18M | 709,295 |
Q1 2025 | CVNA Carvana Co. | Carvana Co. | Sell | -692,768 | -10.9% | $1.19B | 5,685,029 |
Q1 2025 | HGV Hilton Grand Vacations Inc. | Hilton Grand Vacations Inc. | Sell | -775,703 | -11.9% | $213.86M | 5,716,641 |
Q4 2024 | CDLX Cardlytics, Inc. Common Stock | Cardlytics, Inc. Common Stock | Sell | -50,823 | -0.8% | $23.63M | 6,368,910 |
Q4 2024 | COF Capital One Financial Corporati | Capital One Financial Corporati | Sell | -5,111 | -0.6% | $143.80M | 806,389 |
Q4 2024 | CVNA Carvana Co. | Carvana Co. | Sell | -75,797 | -1.2% | $1.30B | 6,377,797 |
Q4 2024 | HGV Hilton Grand Vacations Inc. | Hilton Grand Vacations Inc. | Buy | +129,333 | +2.0% | $252.88M | 6,492,344 |
Q4 2024 | WRLD World Acceptance Corporation | World Acceptance Corporation | Sell - Position Exit | -93,299 | -100.0% | $0.00 | - |
Q3 2024 | CDLX Cardlytics, Inc. Common Stock | Cardlytics, Inc. Common Stock | Sell | -45,126 | -0.7% | $20.54M | 6,419,733 |
Q3 2024 | COF Capital One Financial Corporati | Capital One Financial Corporati | Buy | +125,448 | +18.3% | $121.51M | 811,500 |
Q3 2024 | CVNA Carvana Co. | Carvana Co. | Sell | -77,300 | -1.2% | $1.12B | 6,453,594 |
Q3 2024 | HGV Hilton Grand Vacations Inc. | Hilton Grand Vacations Inc. | Sell | -83,650 | -1.3% | $231.10M | 6,363,011 |
Q3 2024 | WRLD World Acceptance Corporation | World Acceptance Corporation | Sell | -158,473 | -62.9% | $11.01M | 93,299 |
Q2 2024 | CDLX Cardlytics, Inc. Common Stock | Cardlytics, Inc. Common Stock | Buy | +91,183 | +1.4% | $53.08M | 6,464,859 |
Q2 2024 | COF Capital One Financial Corporati | Capital One Financial Corporati | Buy | +40,800 | +6.3% | $94.98M | 686,052 |
Q2 2024 | WRLD World Acceptance Corporation | World Acceptance Corporation | Sell | -86,392 | -25.5% | $31.11M | 251,772 |