Magnetar funds sell 797,884 CoreWeave (CRWV) shares in May 6 trades
Rhea-AI Filing Summary
CoreWeave, Inc. received a Form 4 showing that investment funds advised by Magnetar Financial LLC, along with related Magnetar entities, executed open-market sales of 797,884 shares of Class A common stock on May 6, 2026. The shares were sold in multiple transactions at weighted average prices ranging from roughly $134 to $139 per share, as detailed in several price-range footnotes. The reporting persons state that various Magnetar funds hold the shares directly and that each Magnetar entity, including David J. Snyderman, disclaims beneficial ownership except to the extent of its or his pecuniary interest. Following the transactions, the filing shows continued large indirect positions, including one fund with 7,129,352 shares of CoreWeave Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 49,420 | $134.51 | $6.65M |
| Sale | Class A Common Stock | 6,279 | $135.78 | $853K |
| Sale | Class A Common Stock | 139,602 | $136.85 | $19.10M |
| Sale | Class A Common Stock | 87,534 | $137.89 | $12.07M |
| Sale | Class A Common Stock | 250 | $138.63 | $35K |
| Sale | Class A Common Stock | 42,035 | $134.51 | $5.65M |
| Sale | Class A Common Stock | 5,341 | $135.78 | $725K |
| Sale | Class A Common Stock | 118,751 | $136.85 | $16.25M |
| Sale | Class A Common Stock | 74,461 | $137.89 | $10.27M |
| Sale | Class A Common Stock | 214 | $138.63 | $30K |
| Sale | Class A Common Stock | 25,903 | $134.51 | $3.48M |
| Sale | Class A Common Stock | 3,292 | $135.78 | $447K |
| Sale | Class A Common Stock | 73,188 | $136.85 | $10.02M |
| Sale | Class A Common Stock | 27,017 | $137.86 | $3.72M |
| Sale | Class A Common Stock | 20,869 | $134.51 | $2.81M |
| Sale | Class A Common Stock | 2,651 | $135.78 | $360K |
| Sale | Class A Common Stock | 58,956 | $136.85 | $8.07M |
| Sale | Class A Common Stock | 36,967 | $137.89 | $5.10M |
| Sale | Class A Common Stock | 107 | $138.63 | $15K |
| Sale | Class A Common Stock | 4,369 | $134.51 | $588K |
| Sale | Class A Common Stock | 556 | $135.78 | $75K |
| Sale | Class A Common Stock | 12,354 | $136.85 | $1.69M |
| Sale | Class A Common Stock | 7,745 | $137.89 | $1.07M |
| Sale | Class A Common Stock | 23 | $138.63 | $3K |
| holding | Class A Common Stock | -- | -- | -- |
| 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 $134.38 to $135.30, 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, 4, 5, and 6. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $135.50 to $136.00, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $136.50 to $137.43, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $137.50 to $138.05, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $137.50 to $138.10, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $138.50 to $138.68, inclusive. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of Longhorn Special Opportunities Fund LP, 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 and the general partner of Magnetar Structured Credit Fund, LP DBA Magnetar Constellation Onshore Fund (They are not separate legal entities), (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 Longhorn Fund LP. These securities are held directly by Magnetar Structured Credit Fund, LP DBA Magnetar Constellation Onshore Fund. They are not separate legal entities. 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. These securities are held directly by Magnetar SC Fund Ltd.