Clifford Sosin - CAS Investment Partners 13F Activity & Position Changes (Q1 2020)

As of Mar 31, 2020, 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 2020, the filing reported:

New Buys - None reported

Increases - Cardlytics, Inc. Common Stock, Carvana Co., Herbalife, World Acceptance Corporation

Reductions - None reported

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 2020	CDLX Cardlytics, Inc. Common Stock	Cardlytics, Inc. Common Stock	Buy	+1,129,805	+40.0%	$138.15K	3,951,515
Q1 2020	CVNA Carvana Co.	Carvana Co.	Buy	+1,049,366	+37.8%	$210.68K	3,824,284
Q1 2020	G4412G101 Herbalife	Herbalife	Buy	+241,354	+20.4%	$41.57K	1,425,462
Q1 2020	WRLD World Acceptance Corporation	World Acceptance Corporation	Buy	+105,075	+17.6%	$38.39K	703,061