Magnetar funds sell calls on 1M CoreWeave shares
CoreWeave, Inc. reported a Form 4 showing that investment funds advised by Magnetar Financial LLC and related entities entered into derivative sales tied to CoreWeave stock.
Rhea-AI Filing Summary
CoreWeave, Inc. reported a Form 4 showing that investment funds advised by Magnetar Financial LLC and related entities entered into derivative sales tied to CoreWeave stock. On May 1, 2026, these Magnetar-managed funds sold call options labeled as an obligation to sell, referencing a total of 1,000,000 shares of CoreWeave Class A Common Stock. The options carry strike prices of $155 and $160 per share and expire on December 18, 2026. The positions are held indirectly by various Magnetar funds such as CW Opportunity 2 LP and CW Opportunity LLC, while Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman each disclaim beneficial ownership except for their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Call option (obligation to sell) | 42,403 | $858,660.75 | $36.41B |
| Sale | Call option (obligation to sell) | 42,403 | $858,660.75 | $36.41B |
| Sale | Call option (obligation to sell) | 134,466 | $2,722,936.50 as filed | -- |
| Sale | Call option (obligation to sell) | 134,466 | $2,722,936.50 as filed | -- |
| Sale | Call option (obligation to sell) | 17,629 | $356,987.25 | $6.29B |
| Sale | Call option (obligation to sell) | 17,629 | $356,987.25 | $6.29B |
| Sale | Call option (obligation to sell) | 1,822 | $36,895.50 | $67.22M |
| Sale | Call option (obligation to sell) | 1,822 | $36,895.50 | $67.22M |
| Sale | Call option (obligation to sell) | 39,297 | $795,764.25 | $31.27B |
| Sale | Call option (obligation to sell) | 39,298 | $795,784.50 | $31.27B |
| Sale | Call option (obligation to sell) | 53,951 | $1,092,507.75 | $58.94B |
| Sale | Call option (obligation to sell) | 53,951 | $1,092,507.75 | $58.94B |
| Sale | Call option (obligation to sell) | 67,628 | $1,369,467.00 | $92.61B |
| Sale | Call option (obligation to sell) | 67,627 | $1,369,446.75 | $92.61B |
| Sale | Call option (obligation to sell) | 15,280 | $309,420.00 | $4.73B |
| Sale | Call option (obligation to sell) | 15,280 | $309,420.00 | $4.73B |
| Sale | Call option (obligation to sell) | 57,526 | $1,164,901.50 | $67.01B |
| Sale | Call option (obligation to sell) | 57,527 | $1,164,921.75 | $67.01B |
| Sale | Call option (obligation to sell) | 35,454 | $717,943.50 | $25.45B |
| Sale | Call option (obligation to sell) | 35,453 | $717,923.25 | $25.45B |
| Sale | Call option (obligation to sell) | 28,560 | $578,340.00 | $16.52B |
| Sale | Call option (obligation to sell) | 28,560 | $578,340.00 | $16.52B |
| Sale | Call option (obligation to sell) | 5,984 | $121,176.00 | $725.12M |
| Sale | Call option (obligation to sell) | 5,984 | $121,176.00 | $725.12M |
- Call option (obligation to sell), May 1, 2026. Price shown as filed: $2,722,936.50 per share is far above the $119.01 close on May 1, 2026, so no transaction value is shown.
- Call option (obligation to sell), May 1, 2026. Price shown as filed: $2,722,936.50 per share is far above the $119.01 close on May 1, 2026, so no transaction value is shown.
Footnotes (15)
- F1. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of CW Opportunity 2 LP, CW Opportunity LLC, Magnetar Capital Master Fund, Ltd, Magnetar Constellation Master Fund, Ltd, Magnetar Longhorn Fund LP, Magnetar SC Fund Ltd, Magnetar Xing He Master Fund Ltd, Purpose Alternative Credit Fund - F LLC, and Purpose Alternative Credit Fund - T LLC, the general partner of Magnetar Structured Credit Fund, LP DBA Magnetar Constellation Onshore Fund (They are not separate legal entities) and the manager of Magnetar Alpha Star Fund LLC and Magnetar Lake Credit Fund LLC (collectively, the "Magnetar Funds").
- F2. 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.
- F3. 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.
- F4. These securities are held directly by CW Opportunity 2 LP.
- F5. These securities are held directly by CW Opportunity LLC.
- F6. These securities are held directly by Magnetar Alpha Star Fund LLC.
- F7. These securities are held directly by Magnetar Capital Master Fund, Ltd.
- F8. These securities are held directly by Magnetar Constellation Master Fund, Ltd.
- F9. These securities are held directly by Magnetar Lake Credit Fund LLC.
- F10. These securities are held directly by Magnetar Longhorn Fund LP.
- F11. These securities are held directly by Magnetar SC Fund Ltd.
- F12. These securities are held directly by Magnetar Structured Credit Fund, LP DBA Magnetar Constellation Onshore Fund. They are not separate legal entities.
- F13. These securities are held directly by Magnetar Xing He Master Fund Ltd.
- F14. These securities are held directly by Purpose Alternative Credit Fund - F LLC.
- F15. These securities are held directly by Purpose Alternative Credit Fund - T LLC.
Key Figures
Key Terms
Call option (obligation to sell) financial
Class A Common Stock financial
beneficial ownership financial
pecuniary interest financial
ten percent owner regulatory
indirect ownership financial
FAQ
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What are the strike prices and expiration date of the CoreWeave (CRWV) call options?
Are the CoreWeave (CRWV) option positions held directly by David J. Snyderman?
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