Clifford Sosin Q1 2026 Portfolio Update: Focus on Consumer Cyclical Gains
CAS Investment Partners' Clifford Sosin maintained his focus on Consumer Cyclical stocks in Q1 2026, increasing positions in CARVANA CO (CVNA) and HILTON GRAND VACATIONS INC (HGV) while reducing shares in other holdings.
As of March 31, 2026, investor Clifford Sosin, managing the funds at CAS Investment Partners, saw his portfolio value reach approximately $1.75 billion. This comprehensive review examines the observable changes in his portfolio during the first quarter of 2026, focusing on his buying and selling activities.
The portfolio maintained a significant allocation to the Consumer Cyclical sector, with two of his top holdings falling into this category. CARVANA CO (CVNA) continued to be the dominant position, representing 81.67% of the portfolio. Notably, Mr. Sosin increased his stake in CVNA during Q1 2026, adding 689,090 shares (an increase of 1.49%). This substantial position growth underscores a continued confidence in this stock. For detailed analysis of CARVANA CO, please visit their profile.
The second-largest holding, HILTON GRAND VACATIONS INC (HGV), also belongs to the Consumer Cyclical sector and accounts for 11.73% of the portfolio. Mr. Sosin demonstrated continued interest in this stock by increasing his position, adding 403,885 shares (a 7.16% increase). This significant share growth further highlights the investor's focus on this sector. You can find more information about HILTON GRAND VACATIONS INC here: their profile.
Turning to other sectors represented in the portfolio, Capital One Financial Corp (COF) falls under Financial Services. Mr. Sosin reduced his position in COF during the quarter, decreasing his holdings by 1.47% (8,577 shares). This reduction slightly lowered the stock's portfolio allocation to 6.01%. For insights into Capital One Financial Corp, please refer to their profile.
Lastly, Latham Group Inc (SWIM), categorized under Industrials, also saw a reduction in Mr. Sosin's portfolio allocation. He decreased his shares by 1.47% (13,852 shares). This position now represents only 0.29% of the total portfolio. More details about Latham Group Inc are available at their profile.
In summary, Clifford Sosin's Q1 2026 activity saw a clear emphasis on expanding his holdings within the Consumer Cyclical sector, particularly in CARVANA CO and HILTON GRAND VACATIONS INC. He simultaneously reduced positions in Capital One Financial Corp and Latham Group Inc. For a complete view of Mr. Sosin's investment approach, please visit his profile at InsiderSet.