SCHEDULE: Vanguard Updates Carvana Stake to 11.86%

The Vanguard Group, an investment adviser, reported beneficial ownership of 11.86% of Carvana Co's common stock as of December 31, 2025.

Summary

• The Vanguard Group reported beneficial ownership of 16,783,099 shares of Carvana Co common stock.
• This represents 11.86% of Carvana Co's common stock.
• Vanguard holds sole dispositive power over 15,388,166 shares and shared dispositive power over 1,394,933 shares.
• Vanguard holds shared voting power over 890,436 shares and no sole voting power.
• This is Amendment No. 6 to a previous Schedule 13G filing by The Vanguard Group regarding its holdings in Carvana Co.

Sentiment

Score: 5

Explanation: This is a routine beneficial ownership report (Schedule 13G Amendment No. 6) from a large institutional investor, The Vanguard Group. It provides factual information about their stake in Carvana Co and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects.

Future Outlook

NA

Industry Context

The filing highlights the continued significant institutional investment by The Vanguard Group, one of the world's largest investment management companies, in Carvana Co, an online used car retailer. Such large stakes by passive fund managers are common and reflect Carvana's inclusion in various market indices.

Stakeholder Impact

• Provides transparency to shareholders and the market regarding a significant institutional holding in Carvana Co.
• Confirms The Vanguard Group's continued role as a major passive investor in the company.

Key Dates

Keywords

Carvana Co, Vanguard Group, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Equity Stake, Investment Adviser