What stocks does Cliff Sosin own?

As of Q2 2026, CAS Investment Partners reported 6 positions with a combined 13F value of $1.9B. Its largest stock positions are CVNA ($1.5B), HGV ($272.7M) and META ($76.7M).

How often does CAS Investment Partners update its portfolio?

CAS Investment Partners files a 13F with the SEC every quarter, due 45 days after quarter end. The latest covers Q2 2026 and was filed Aug 14, 2026. The next one is due by Nov 16, 2026.

What does CAS Investment Partners's 13F leave out?

A 13F lists long positions in US-listed stocks and some options held on the last day of a quarter. It leaves out short positions, most bonds, holdings not listed in the US and anything bought or sold since the quarter ended.

Where does CAS Investment Partners's portfolio data come from?

From the 13F filings CAS Investment Partners makes to the SEC, available on EDGAR. Each quarter shows how positions changed from the one before.

Smart money

CAS Investment Partners, LLC

Return history

Last 4 years · filing-date model

$100,000 to $414,515

$100,000 in SPY: $226,413.

Total return

+315%

Annualized (4Y CAGR)

+42.7%

vs SPY

+20.0 pts/yr

Moves a year

Avg hold

2.4 years

17 filings · quarters -20.6% to +57.3%

All time

+333% since Feb 14, 2018

Fund size $2B today

Oct 10, 2022 to Oct 9, 2026 · min. 94% quarterly priced · Disclosed book, unaudited · Method

Position-weighted returns use each SEC filing date. Options use underlying-stock proxies, not option premiums; put proxies can lose more than 100%. Cash, shorts, non-13F holdings and trades between filings are excluded.

New META and exited COF in Q2 2026.

$1.9B in this filing6 positions

Holdings as of Jun 30, 2026. Filed Aug 14, 2026.

Share change vs Mar 31

1CVNACarvana Co CL A78.85%
$1.5B - 22.6M shares+396.8%
2HGVHilton Grand Vacations14.48%
$272.7M - 5.2M shares-0.6%
3METAMeta Platforms Inc4.08%
$76.7M - 136K sharesNEW
4VACMarriott Vacations Worldwi2.16%
$40.8M - 400K sharesNEW
5SWIMLatham Group0.32%
$6.0M - 923K shares-0.6%
6CDLXCardlytics, Inc.0.11%
$2.1M - 471K shares-90.9%

#	Stock				At Jun 30	Now
1	CVNACarvana Co CL A	78.85%	$1.5B	+396.8%	$65.82	$60.59 -7.9%
2	HGVHilton Grand Vacations	14.48%	$272.7M	-0.6%	$52.37	$35.18 -32.8%
3	METAMeta Platforms Inc	4.08%	$76.7M	NEW	$563.29	$736.72 +30.8%
4	VACMarriott Vacations Worldwi	2.16%	$40.8M	NEW	$101.88	$106.23 +4.3%
5	SWIMLatham Group	0.32%	$6.0M	-0.6%	$6.47	$6.25 -3.4%
6	CDLXCardlytics, Inc.	0.11%	$2.1M	-90.9%	$4.49	$2.13 -52.6%

What is missing

Top 10 concentration: 100%. This filing does not include cash, short positions, private investments, bonds, or many overseas holdings. Next filing due ~Nov 16, 2026.

Disclosed changes

Q2 2026 holdings. Exact trade dates are not disclosed.

More disclosures (1)

VAC AddedView disclosure

Common questions

What stocks does Cliff Sosin own?: As of Q2 2026, CAS Investment Partners reported 6 positions with a combined 13F value of $1.9B. Its largest stock positions are CVNA ($1.5B), HGV ($272.7M) and META ($76.7M).
How often does CAS Investment Partners update its portfolio?: CAS Investment Partners files a 13F with the SEC every quarter, due 45 days after quarter end. The latest covers Q2 2026 and was filed Aug 14, 2026. The next one is due by Nov 16, 2026.
What does CAS Investment Partners's 13F leave out?: A 13F lists long positions in US-listed stocks and some options held on the last day of a quarter. It leaves out short positions, most bonds, holdings not listed in the US and anything bought or sold since the quarter ended.
Where does CAS Investment Partners's portfolio data come from?: From the 13F filings CAS Investment Partners makes to the SEC, available on EDGAR. Each quarter shows how positions changed from the one before.