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

According to the SEC 13F filed on May 15, 2026, the CAS Investment Partners portfolio showed several notable changes in holdings as of quarter-end Mar 31, 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