Rob Vinall - RV Capital 13F Activity & Position Changes (Q3 2025)

According to the SEC 13F filed on Oct 22, 2025, the RV Capital portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2025. 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 Q3 2025, the filing reported:

New Buys - Salesforce, Inc.

Increases - Credit Acceptance Corporation

Reductions - Carvana Co., H World Group Limited, Interactive Brokers Group, Inc., Meta Platforms, Inc., PDD Holdings Inc., and 2 more

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
Q3 2025	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Buy	+1,502	+1.2%	$60.90M	130,431
Q3 2025	CRM Salesforce, Inc.	Salesforce, Inc.	Buy - Position Entry	+10,980	-	$2.60M	10,980
Q3 2025	CVNA Carvana Co.	Carvana Co.	Sell	-65,097	-12.8%	$167.97M	445,255
Q3 2025	HTHT H World Group Limited	H World Group Limited	Sell	-56,236	-8.5%	$23.60M	603,416
Q3 2025	IBKR Interactive Brokers Group, Inc.	Interactive Brokers Group, Inc.	Sell	-50,653	-6.0%	$55.00M	799,267
Q3 2025	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-3,276	-2.3%	$102.60M	139,712
Q3 2025	PDD PDD Holdings Inc.	PDD Holdings Inc.	Sell	-34,337	-10.2%	$39.81M	301,232
Q3 2025	WIX Wix	Wix	Sell	-23,004	-6.8%	$55.95M	314,996
Q3 2025	YUMC Yum China Holdings, Inc.	Yum China Holdings, Inc.	Sell	-47,944	-9.7%	$19.07M	444,321