CAS Investment Partners
Clifford SosinWESTPORT, CTfiles as CAS Investment Partners, LLC
$1.9bn in 6 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 9.0% of the portfolio this quarter.
Value
$1.9bn
Stocks
6
Top 10 share
100.0%
Turnover
9.0%
What changed this quarter
New
Bought for the first time this quarter.
- Meta PlatformsMETA4.1% of the fund
- Marriott Vacations WorldwideVAC2.2% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- CardlyticsCDLX0.1% of the fund-91%
Sold out
Sold their entire stake.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| CarvanaCVNA | 78.9% | $1.5bn | 22,559,570 | Held |
| Hilton Grand VacationsHGV | 14.5% | $273m | 5,206,856 | Held |
| Meta PlatformsMETA | 4.1% | $77m | 136,246 | New |
| Marriott Vacations WorldwideVAC | 2.2% | $41m | 400,000 | New |
| Latham GroupSWIM | 0.3% | $6m | 922,639 | Held |
| CardlyticsCDLX | 0.1% | $2m | 470,986 | -91% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 8.2% since 30 June 2025.
Where the money is
Retail & consumer93.3%
Media & telecom4.1%
Real estate2.2%
Materials0.3%
Technology0.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.