CoreWeave (CRWV) holder Magnetar funds trim 228K shares in sales
Rhea-AI Filing Summary
CoreWeave, Inc. reported insider activity showing investment funds advised by Magnetar Financial LLC and related entities executing open-market sales of 228,045 shares of Class A Common Stock on April 16, 2026. The trades were reported as indirect holdings with beneficial ownership disclaimed except for pecuniary interests.
The shares were sold in multiple transactions at weighted average prices ranging from about $117.71 to $120.64 per share. After these transactions, the Magnetar-related vehicles continue to report sizable indirect positions, including 806,391 shares and 2,728,230 shares in different funds.
Positive
- None.
Negative
- None.
Insights
Large holder Magnetar funds sold 228,045 CoreWeave shares but retain sizable positions.
Investment funds advised by Magnetar Financial LLC reported open-market sales totaling 228,045 Class A shares of CoreWeave on April 16, 2026. Sale prices used weighted averages between roughly $117.71 and $120.64 per share, indicating execution across several price levels.
All positions are reported as indirect, with Magnetar entities and David J. Snyderman disclaiming beneficial ownership beyond their pecuniary interest. The filing still shows large holdings, including positions of 806,391 and 2,728,230 shares in different funds, suggesting these trades represent a partial trim rather than a full exit.
The transactions use code S, signifying open-market or private sales, and there are no derivative exercises or tax-withholding entries. Subsequent filings may clarify whether this selling pattern continues or remains a one-day liquidity event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 89,055 | $117.96 | $10.50M |
| Sale | Class A Common Stock | 25,737 | $119.42 | $3.07M |
| Sale | Class A Common Stock | 707 | $120.64 | $85K |
| Sale | Class A Common Stock | 71,739 | $117.96 | $8.46M |
| Sale | Class A Common Stock | 20,734 | $119.42 | $2.48M |
| Sale | Class A Common Stock | 570 | $120.64 | $69K |
| Sale | Class A Common Stock | 15,039 | $117.96 | $1.77M |
| Sale | Class A Common Stock | 4,345 | $119.42 | $519K |
| Sale | Class A Common Stock | 119 | $120.64 | $14K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $117.71 to $118.50, 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 footnote 2. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $119.17 to $120.00, inclusive. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of Magnetar Xing He Master Fund Ltd, Purpose Alternative Credit Fund - F LLC, Purpose Alternative Credit Fund - T LLC, and Longhorn Special Opportunities Fund LP (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 Magnetar Xing He Master Fund Ltd. These securities are held directly by Purpose Alternative Credit Fund - F LLC. These securities are held directly by Purpose Alternative Credit Fund - T LLC. These securities are held directly by Longhorn Special Opportunities Fund LP.