Clifford Sosin - CAS Investment Partners 13F Activity & Position Changes (Q1 2018)

According to the SEC 13F filed on Aug 14, 2026, the CAS Investment Partners portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2018. 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 2018, the filing reported:

New Buys - Carvana Co.

Increases - Credit Acceptance Corporation

Reductions - None reported

Complete Exits - United Rentals, 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
Q1 2018	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Buy	+29,000	+37.7%	$35.02K	105,986
Q1 2018	CVNA Carvana Co.	Carvana Co.	Buy - Position Entry	+2,008,068	-	$46.05K	2,008,068
Q1 2018	URI United Rentals, Inc.	United Rentals, Inc.	Sell - Position Exit	-32,300	-100.0%	$0.00	-