CAS Investment Partners, LLC

Return history

Last 4 years copying the filings

$100,000 would be $358,070

The same $100,000 in SPY would be $208,867.

Total return

+258%

Annualized (4Y CAGR)

+37.6%

vs SPY

+17.3 pts/yr

Moves a year

Avg hold

2.4 years

Across 17 filings, buying each one the day it became public. Best quarter +57.3%, worst -26.2%.

All time

+344% since Feb 2018

Fund size $2B today

Sep 2022 to Sep 2026, at least 94% of the book priced each quarter. Not audited fund performance. What this covers

Each quarter is priced from the date its SEC filing became public, not the quarter it describes, and weighted by position size. A 13F shows long US stock holdings only, so shorts, cash, options, and anything bought and sold between two filings are not in this line.

New META and exited COF in Q2 2026.

$1.9B in this filing6 positions

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

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

#	Stock				At Jun 30	Now
1	CVNACarvana Co CL A	78.85%	$1.5B	+396.8%	$65.82	$65.06 -1.2%
2	HGVHilton Grand Vacations	14.48%	$272.7M	-0.6%	$52.37	-
3	METAMeta Platforms Inc	4.08%	$76.7M	NEW	$563.29	$751.66 +33.4%

3 more on a paid plan

Unlock the full portfolio and quarterly changes.

Unlock all 3 holdings

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 14, 2026.