Cliff Sosin is the founder of CAS investment Partners, a fund he started with $5 million in 2012 and has grown to $1.7 billion. CAS runs an extremely concentrated portfolio that consists of just a few companies at any one time.

New positions: The firm did not establish any new positions in Q4 2024.

Bought: The firm increased its stake in Hilton Grand Vacations Inc. (HGV) by 129,333 shares, bringing the total position to 6,492,344 shares worth approximately $252.9 million.

Sold: The firm completely liquidated its position in World Acceptance Corporation (WRLD), selling all 93,299 shares worth about $11 million, while also trimming its holdings in Carvana Co. (CVNA) by 75,797 shares, Cardlytics Inc. (CDLX) by 50,823 shares, and Capital One Financial Corporation (COF) by 5,111 shares.

Website: www.casinvestmentpartners.com


Ticker Company Weight Shares Value Q4 Return
CVNA Carvana Co. 75.5% ▼ Trimmed $1,296,988,798 + 15.43%
HGV Hilton Grand Vacations Inc. 14.7% ▲ Added $252,876,799 + 9.42%
COF Capital One Financial Corporation 8.4% ▼ Trimmed $143,795,286 + 18.34%
CDLX Cardlytics inc 1.4% ▼ Trimmed $23,628,656 + 15.02%
WRLD World Acceptance Corporation 0.0% ▼ Liquidated $0