Wellington updates CarGurus (CARG) beneficial ownership to 4.28% of common stock
Rhea-AI Filing Summary
Wellington Management Group LLP and related entities report beneficial ownership of 3,255,283 shares of CarGurus, Inc. common stock on an amended Schedule 13G, representing 4.28% of the class. All voting and dispositive powers are shared, with no sole voting or dispositive authority.
The shares are held of record by clients of various Wellington investment advisers, and those clients are entitled to dividends and sale proceeds. No individual client is reported to hold more than five percent of the CarGurus common stock.
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Key Figures
Shares beneficially owned: 3,255,283 shares
Percent of class: 4.28%
Shared voting power: 2,035,282 shares
+2 more
5 metrics
Shares beneficially owned
3,255,283 shares
CarGurus common stock reported by Wellington entities
Percent of class
4.28%
Beneficial ownership of CarGurus common stock
Shared voting power
2,035,282 shares
CarGurus shares over which Wellington reports shared voting authority
Shared dispositive power
3,255,283 shares
CarGurus shares over which Wellington reports shared power to dispose
Sole voting/dispositive power
0 shares
CarGurus shares over which Wellington reports sole authority
Key Terms
beneficially owned, shared voting power, shared dispositive power, parent holding company, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: See the responses to Item 9"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
parent holding company financial
"The securities as to which this Schedule is filed by Wellington Management Group LLP, as parent holding company"
investment advisers financial
"One or more of the following investment advisers (the "Wellington Investment Advisers")"
FAQ
What ownership stake in CarGurus (CARG) does Wellington report on this Schedule 13G/A?
Wellington and its related entities report beneficial ownership of 3,255,283 shares of CarGurus common stock, representing 4.28% of the class. These shares are held for clients of various Wellington investment advisers rather than directly by the Wellington entities.
Which Wellington entities are reporting beneficial ownership in CarGurus (CARG)?
The reporting persons are Wellington Management Group LLP, Wellington Group Holdings LLP, and Wellington Investment Advisors Holdings LLP. They file jointly because they control, directly or indirectly, the investment advisers whose clients own the CarGurus shares of record.
Does any single Wellington client hold more than 5% of CarGurus (CARG)?
No. The filing states that clients of Wellington investment advisers are the record owners and have rights to dividends and sale proceeds, and that no such client is known to have these rights with respect to more than five percent of the CarGurus common stock.
Why is Wellington filing an amended Schedule 13G/A for CarGurus (CARG)?
This is filed as Amendment No. 11 to update Wellington’s reported beneficial ownership in CarGurus. The amendment reflects current share totals and percentage of class, now at 3,255,283 shares and 4.28%, and reaffirms that holdings are on behalf of advisory clients.
AI-generated analysis. How Rhea-AI works. Not financial advice.