Magnetar funds cut 1,155,164 CoreWeave (CRWV) shares but keep big stake
Rhea-AI Filing Summary
CoreWeave, Inc. reported significant insider selling by Magnetar-managed funds. On May 4, 2026, entities advised or managed by Magnetar Financial LLC executed open-market sales totaling 1,155,164 shares of CoreWeave Class A Common Stock.
The weighted average prices reported were within ranges from $125.79 to $129.50 per share across multiple transaction blocks. According to the filing, the Magnetar Funds, Magnetar entities and David J. Snyderman each disclaim beneficial ownership beyond their pecuniary interests. Following the trades, the funds still report large indirect holdings, including 19,300,683 shares in one account.
Positive
- None.
Negative
- None.
Insights
Magnetar-managed funds sold 1.16M CoreWeave shares but retain a large stake.
Entities advised or managed by Magnetar Financial LLC reported open-market sales of 1,155,164 shares of CoreWeave Class A Common Stock on May 4, 2026. All transactions used code S, meaning standard open-market or private sales, with prices clustered around the high-$120s.
Footnotes state that the prices are weighted averages, with detailed executions ranging from $125.79 to $129.50 per share. The filing also notes that the Magnetar Funds and related entities disclaim beneficial ownership beyond their pecuniary interest, clarifying this is fund-level activity rather than a personal liquidation by David J. Snyderman.
Despite the net sell of over 1.1M shares, reported indirect holdings remain large, including 19,300,683 shares in one account shown after the transactions. The filing does not reference any Rule 10b5-1 trading plan, and derivative positions are not listed, suggesting this snapshot focuses on common stock holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 58,006 | $126.52 | $7.34M |
| Sale | Class A Common Stock | 60,360 | $127.46 | $7.69M |
| Sale | Class A Common Stock | 10,071 | $128.86 | $1.30M |
| Sale | Class A Common Stock | 8,704 | $129.38 | $1.13M |
| Sale | Class A Common Stock | 183,928 | $126.52 | $23.27M |
| Sale | Class A Common Stock | 191,379 | $127.46 | $24.39M |
| Sale | Class A Common Stock | 31,935 | $128.86 | $4.12M |
| Sale | Class A Common Stock | 27,602 | $129.38 | $3.57M |
| Sale | Class A Common Stock | 24,112 | $126.52 | $3.05M |
| Sale | Class A Common Stock | 25,091 | $127.46 | $3.20M |
| Sale | Class A Common Stock | 4,187 | $128.86 | $540K |
| Sale | Class A Common Stock | 3,618 | $129.38 | $468K |
| Sale | Class A Common Stock | 2,492 | $126.52 | $315K |
| Sale | Class A Common Stock | 2,596 | $127.46 | $331K |
| Sale | Class A Common Stock | 433 | $128.87 | $56K |
| Sale | Class A Common Stock | 374 | $129.38 | $48K |
| Sale | Class A Common Stock | 53,751 | $126.52 | $6.80M |
| Sale | Class A Common Stock | 55,937 | $127.46 | $7.13M |
| Sale | Class A Common Stock | 9,336 | $128.86 | $1.20M |
| Sale | Class A Common Stock | 8,068 | $129.38 | $1.04M |
| Sale | Class A Common Stock | 73,794 | $126.52 | $9.34M |
| Sale | Class A Common Stock | 76,793 | $127.46 | $9.79M |
| Sale | Class A Common Stock | 12,815 | $128.86 | $1.65M |
| Sale | Class A Common Stock | 11,076 | $129.38 | $1.43M |
| Sale | Class A Common Stock | 92,506 | $126.52 | $11.70M |
| Sale | Class A Common Stock | 96,255 | $127.46 | $12.27M |
| Sale | Class A Common Stock | 16,063 | $128.86 | $2.07M |
| Sale | Class A Common Stock | 13,882 | $129.38 | $1.80M |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $125.79 to $126.67, 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, 3, and 4. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $127.04 to $128.00, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $128.07 to $129.00, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $129.27 to $129.50, inclusive. 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, and Magnetar Longhorn 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.
Key Figures
Key Terms
weighted average price financial
beneficial ownership financial
pecuniary interest financial
ten percent owner financial
Class A Common Stock financial
FAQ
What did Magnetar-managed funds do in this CoreWeave (CRWV) Form 4 filing?
The filing shows Magnetar-managed funds sold 1,155,164 shares of CoreWeave Class A Common Stock in open-market transactions. These trades occurred on May 4, 2026, at weighted average prices in the high-$120s per share, according to the reported transaction data and footnotes.
Are the CoreWeave (CRWV) sale prices in this Form 4 single trades or averages?
The prices reported in Column 4 are weighted average prices. Footnotes explain that each line aggregates multiple transactions within specified price ranges, and Magnetar undertakes to provide full execution details on request to the company, its security holders, or SEC staff.
Does this CoreWeave (CRWV) Form 4 include any options or derivatives for Magnetar?
The transaction list covers non-derivative Class A Common Stock only, with no derivative entries shown. The derivative summary section is empty, indicating the filing focuses on common share sales rather than option exercises, warrants, or other convertible securities positions.