STOCK TITAN

Magnetar funds trim CoreWeave (CRWV) stake with 2,604,094-share sale

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

CoreWeave, Inc. saw large open-market sales of its Class A Common Stock by investment funds advised by Magnetar Financial LLC and related entities. On April 15, 2026, these Magnetar-managed vehicles sold a combined 2,604,094 shares in 27 open-market transactions.

The reported weighted average sale prices clustered around $117.79, $118.57, and $119.34 per share, with actual trades occurring within narrow ranges around each figure. After the sales, individual Magnetar-associated funds continued to hold multi‑million‑share positions in CoreWeave, and Magnetar and its affiliates formally disclaim beneficial ownership beyond their pecuniary interests.

Positive

  • None.

Negative

  • None.

Insights

Magnetar-advised funds sold 2.6M CoreWeave shares but retain large positions.

Investment funds advised by Magnetar Financial executed 27 open-market sales totaling 2,604,094 shares of CoreWeave Class A on April 15, 2026. Sale prices were tightly grouped around $118 per share, indicating block-style liquidity management rather than scattered retail-sized trades.

These are strong-signal sales (code S) by a disclosed ten percent owner group, but the filing also shows multi‑million‑share positions remaining at several Magnetar-related funds. Because the filing does not quantify CoreWeave’s total shares outstanding, the overall impact on ownership structure or float cannot be precisely gauged from this data alone.

Footnotes clarify that individual Magnetar entities and David J. Snyderman disclaim beneficial ownership except for their pecuniary interests. The absence of any reference to a Rule 10b5‑1 trading plan means the timing appears discretionary based solely on this disclosure, though broader motivations are not addressed here.

Insider Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, Snyderman David J.
Role 10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold 2,604,094 shs ($309.02M)
Type Security Shares Price Value
Sale Class A Common Stock 15,211 $117.79 $1.79M
Sale Class A Common Stock 199,009 $118.57 $23.60M
Sale Class A Common Stock 48,883 $119.34 $5.83M
Sale Class A Common Stock 46,955 $117.79 $5.53M
Sale Class A Common Stock 614,287 $118.57 $72.84M
Sale Class A Common Stock 150,886 $119.34 $18.01M
Sale Class A Common Stock 6,154 $117.79 $725K
Sale Class A Common Stock 80,533 $118.57 $9.55M
Sale Class A Common Stock 19,784 $119.34 $2.36M
Sale Class A Common Stock 638 $117.79 $75K
Sale Class A Common Stock 8,340 $118.58 $989K
Sale Class A Common Stock 2,048 $119.34 $244K
Sale Class A Common Stock 13,721 $117.79 $1.62M
Sale Class A Common Stock 179,523 $118.57 $21.29M
Sale Class A Common Stock 44,095 $119.34 $5.26M
Sale Class A Common Stock 18,838 $117.79 $2.22M
Sale Class A Common Stock 246,468 $118.57 $29.22M
Sale Class A Common Stock 60,539 $119.34 $7.22M
Sale Class A Common Stock 23,617 $117.79 $2.78M
Sale Class A Common Stock 308,952 $118.57 $36.63M
Sale Class A Common Stock 75,886 $119.34 $9.06M
Sale Class A Common Stock 5,334 $117.79 $628K
Sale Class A Common Stock 69,798 $118.57 $8.28M
Sale Class A Common Stock 17,147 $119.34 $2.05M
Sale Class A Common Stock 20,089 $117.79 $2.37M
Sale Class A Common Stock 262,805 $118.57 $31.16M
Sale Class A Common Stock 64,554 $119.34 $7.70M
Holdings After Transaction: Class A Common Stock — 5,487,272 shares (Indirect, Footnotes)
Footnotes (1)
  1. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $117.06 to $118.00, inclusive. The reporting person undertakes to provide to CoreWeave, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and in footnotes 2 and 3. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $118.20 to $119.11, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $119.20 to $119.50, inclusive. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of CW Opportunity LLC, CW Opportunity 2 LP, Magnetar Capital Master Fund, Ltd, Magnetar Constellation Master Fund, Ltd, Magnetar Longhorn Fund LP and Magnetar SC Fund Ltd, the general partner of Magnetar Structured Credit Fund, LP and the manager of Magnetar Alpha Star Fund LLC and Magnetar Lake Credit Fund LLC (collectively, the "Magnetar Funds"). Magnetar Capital Partners LP ("Magnetar Capital Partners") is the sole member and parent holding company of Magnetar Financial. Supernova Management LLC ("Supernova Management") is the general partner of Magnetar Capital Partners. The administrative manager of Supernova Management is David J. Snyderman, a citizen of the United States of America. Each of the Magnetar Funds, Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman disclaims beneficial ownership of these shares of Common Stock of the Issuer, except to the extent of its or his pecuniary interest therein. These securities are held directly by CW Opportunity 2 LP. These securities are held directly by CW Opportunity LLC. These securities are held directly by Magnetar Alpha Star Fund LLC. These securities are held directly by Magnetar Capital Master Fund, Ltd. These securities are held directly by Magnetar Constellation Master Fund, Ltd. These securities are held directly by Magnetar Lake Credit Fund LLC. These securities are held directly by Magnetar Longhorn Fund LP. These securities are held directly by Magnetar SC Fund Ltd. These securities are held directly by Magnetar Structured Credit Fund, LP.
Shares sold 2,604,094 shares Total Class A shares sold on April 15, 2026 by Magnetar-advised funds
Weighted average sale price 1 $117.79 per share Representative open-market sale price for some April 15, 2026 trades
Weighted average sale price 2 $118.57 per share Representative open-market sale price for additional April 15, 2026 trades
Weighted average sale price 3 $119.34 per share Representative open-market sale price for remaining April 15, 2026 trades
Largest post-transaction fund holding 22,053,244 shares Class A shares held by one Magnetar-related fund after sales
Another post-transaction fund holding 8,874,626 shares Class A shares held by another Magnetar-related fund after sales
Number of sell transactions 27 transactions Open-market sales of Class A Common Stock on April 15, 2026
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
ten percent owner regulatory
"each reporting person is marked as is_ten_percent_owner: 1"
beneficial ownership regulatory
"disclaims beneficial ownership of these shares of Common Stock of the Issuer"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of its or his pecuniary interest therein."
indirect ownership regulatory
"direct_or_indirect: "I" and ownership_type: "indirect""
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Magnetar Financial LLC

(Last)(First)(Middle)
1603 ORRINGTON AVENUE
13TH FLOOR

(Street)
EVANSTON ILLINOIS 60201

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CoreWeave, Inc. [ CRWV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock04/15/2026S15,211D$117.79(1)5,487,272IFootnotes(4)(5)(6)(7)
Class A Common Stock04/15/2026S199,009D$118.57(2)5,288,263IFootnotes(4)(5)(6)(7)
Class A Common Stock04/15/2026S48,883D$119.34(3)5,239,380IFootnotes(4)(5)(6)(7)
Class A Common Stock04/15/2026S46,955D$117.79(1)22,053,244IFootnotes(4)(5)(6)(8)
Class A Common Stock04/15/2026S614,287D$118.57(2)21,438,957IFootnotes(4)(5)(6)(8)
Class A Common Stock04/15/2026S150,886D$119.34(3)21,288,071IFootnotes(4)(5)(6)(8)
Class A Common Stock04/15/2026S6,154D$117.79(1)1,555,331IFootnotes(4)(5)(6)(9)
Class A Common Stock04/15/2026S80,533D$118.57(2)1,474,798IFootnotes(4)(5)(6)(9)
Class A Common Stock04/15/2026S19,784D$119.34(3)1,455,014IFootnotes(4)(5)(6)(9)
Class A Common Stock04/15/2026S638D$117.79(1)298,874IFootnotes(4)(5)(6)(10)
Class A Common Stock04/15/2026S8,340D$118.58(2)290,534IFootnotes(4)(5)(6)(10)
Class A Common Stock04/15/2026S2,048D$119.34(3)288,486IFootnotes(4)(5)(6)(10)
Class A Common Stock04/15/2026S13,721D$117.79(1)4,987,651IFootnotes(4)(5)(6)(11)
Class A Common Stock04/15/2026S179,523D$118.57(2)4,808,128IFootnotes(4)(5)(6)(11)
Class A Common Stock04/15/2026S44,095D$119.34(3)4,764,033IFootnotes(4)(5)(6)(11)
Class A Common Stock04/15/2026S18,838D$117.79(1)6,297,948IFootnotes(4)(5)(6)(12)
Class A Common Stock04/15/2026S246,468D$118.57(2)6,051,480IFootnotes(4)(5)(6)(12)
Class A Common Stock04/15/2026S60,539D$119.34(3)5,990,941IFootnotes(4)(5)(6)(12)
Class A Common Stock04/15/2026S23,617D$117.79(1)8,874,626IFootnotes(4)(5)(6)(13)
Class A Common Stock04/15/2026S308,952D$118.57(2)8,565,674IFootnotes(4)(5)(6)(13)
Class A Common Stock04/15/2026S75,886D$119.34(3)8,489,788IFootnotes(4)(5)(6)(13)
Class A Common Stock04/15/2026S5,334D$117.79(1)1,170,107IFootnotes(4)(5)(6)(14)
Class A Common Stock04/15/2026S69,798D$118.57(2)1,100,309IFootnotes(4)(5)(6)(14)
Class A Common Stock04/15/2026S17,147D$119.34(3)1,083,162IFootnotes(4)(5)(6)(14)
Class A Common Stock04/15/2026S20,089D$117.79(1)8,706,024IFootnotes(4)(5)(6)(15)
Class A Common Stock04/15/2026S262,805D$118.57(2)8,443,219IFootnotes(4)(5)(6)(15)
Class A Common Stock04/15/2026S64,554D$119.34(3)8,378,665IFootnotes(4)(5)(6)(15)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Magnetar Financial LLC

(Last)(First)(Middle)
1603 ORRINGTON AVENUE
13TH FLOOR

(Street)
EVANSTON ILLINOIS 60201

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Magnetar Capital Partners LP

(Last)(First)(Middle)
1603 ORRINGTON AVENUE
13TH FLOOR

(Street)
EVANSTON ILLINOIS 60201

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Supernova Management LLC

(Last)(First)(Middle)
1603 ORRINGTON AVENUE
13TH FLOOR

(Street)
EVANSTON ILLINOIS 60201

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Snyderman David J.

(Last)(First)(Middle)
1603 ORRINGTON AVENUE
13TH FLOOR

(Street)
EVANSTON ILLINOIS 60201

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $117.06 to $118.00, inclusive. The reporting person undertakes to provide to CoreWeave, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and in footnotes 2 and 3.
2. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $118.20 to $119.11, inclusive.
3. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $119.20 to $119.50, inclusive.
4. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of CW Opportunity LLC, CW Opportunity 2 LP, Magnetar Capital Master Fund, Ltd, Magnetar Constellation Master Fund, Ltd, Magnetar Longhorn Fund LP and Magnetar SC Fund Ltd, the general partner of Magnetar Structured Credit Fund, LP and the manager of Magnetar Alpha Star Fund LLC and Magnetar Lake Credit Fund LLC (collectively, the "Magnetar Funds").
5. Magnetar Capital Partners LP ("Magnetar Capital Partners") is the sole member and parent holding company of Magnetar Financial. Supernova Management LLC ("Supernova Management") is the general partner of Magnetar Capital Partners. The administrative manager of Supernova Management is David J. Snyderman, a citizen of the United States of America.
6. Each of the Magnetar Funds, Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman disclaims beneficial ownership of these shares of Common Stock of the Issuer, except to the extent of its or his pecuniary interest therein.
7. These securities are held directly by CW Opportunity 2 LP.
8. These securities are held directly by CW Opportunity LLC.
9. These securities are held directly by Magnetar Alpha Star Fund LLC.
10. These securities are held directly by Magnetar Capital Master Fund, Ltd.
11. These securities are held directly by Magnetar Constellation Master Fund, Ltd.
12. These securities are held directly by Magnetar Lake Credit Fund LLC.
13. These securities are held directly by Magnetar Longhorn Fund LP.
14. These securities are held directly by Magnetar SC Fund Ltd.
15. These securities are held directly by Magnetar Structured Credit Fund, LP.
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Administrative Manager of Supernova Management LLC, which is the General Partner of Magnetar Capital Partners LP, which is in turn the Sole Member of Magnetar Financial LLC04/17/2026
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Administrative Manager of Supernova Management LLC, which is the General Partner of Magnetar Capital Partners LP04/17/2026
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Administrative Manager of Supernova Management LLC04/17/2026
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman04/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

At what prices did Magnetar funds sell CoreWeave (CRWV) shares?

The reported prices are weighted averages around $117.79, $118.57, and $119.34 per CoreWeave share. Footnotes state the actual trades occurred in narrow ranges, from $117.06 to $119.50, with detailed breakdowns available to investors or regulators on request.

Were the CoreWeave (CRWV) insider sales made under a Rule 10b5-1 trading plan?

The disclosure does not mention any Rule 10b5‑1 trading plan. The Form 4 describes the April 15, 2026 transactions as open-market sales by Magnetar-advised entities, without indicating they were executed under a pre-arranged trading program or automatic selling arrangement.

Who is actually selling CoreWeave (CRWV) shares in this Magnetar Form 4?

The sales are attributed to various Magnetar-managed funds, such as CW Opportunity 2 LP and other Magnetar vehicles. Magnetar Financial, Magnetar Capital Partners, Supernova Management, and David J. Snyderman all disclaim beneficial ownership of the CoreWeave shares beyond any pecuniary interest they may have.

How significant are Magnetar’s CoreWeave (CRWV) insider sales in this filing?

The filing shows 2,604,094 CoreWeave shares sold by Magnetar-advised funds on a single date, a sizable block for one holder group. However, the document also reports multi‑million‑share positions remaining, and it does not state what fraction of CoreWeave’s total outstanding shares this represents.