Magnetar funds trim CoreWeave (CRWV) stake with 296K-share open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. (CRWV) reported that investment entities advised by Magnetar Financial LLC and related Magnetar-affiliated funds executed open-market sales of Class A Common Stock. On 2026-04-23, these funds sold a total of 296,160 shares at prices between $122.09 and $123.24 per share.
The securities are held directly by various Magnetar-managed vehicles, 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 beyond their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 296,160 shares ($36,192,674)
Net Sell
25 txns
Insider
Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, Snyderman David J.
Role
null | null | null | null
Sold
296,160 shs ($36.19M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 23,135 | $122.09 | $2.82M |
| Sale | Class A Common Stock | 2,607 | $123.24 | $321K |
| Sale | Class A Common Stock | 71,413 | $122.09 | $8.72M |
| Sale | Class A Common Stock | 8,049 | $123.24 | $992K |
| Sale | Class A Common Stock | 9,363 | $122.09 | $1.14M |
| Sale | Class A Common Stock | 1,056 | $123.24 | $130K |
| Sale | Class A Common Stock | 967 | $122.09 | $118K |
| Sale | Class A Common Stock | 108 | $123.24 | $13K |
| Sale | Class A Common Stock | 20,871 | $122.09 | $2.55M |
| Sale | Class A Common Stock | 2,352 | $123.24 | $290K |
| Sale | Class A Common Stock | 28,653 | $122.09 | $3.50M |
| Sale | Class A Common Stock | 3,234 | $123.24 | $399K |
| Sale | Class A Common Stock | 35,916 | $122.09 | $4.38M |
| Sale | Class A Common Stock | 4,047 | $123.24 | $499K |
| Sale | Class A Common Stock | 8,116 | $122.09 | $991K |
| Sale | Class A Common Stock | 915 | $123.24 | $113K |
| Sale | Class A Common Stock | 30,551 | $122.09 | $3.73M |
| Sale | Class A Common Stock | 3,444 | $123.24 | $424K |
| Sale | Class A Common Stock | 18,828 | $122.09 | $2.30M |
| Sale | Class A Common Stock | 2,121 | $123.24 | $261K |
| Sale | Class A Common Stock | 15,168 | $122.09 | $1.85M |
| Sale | Class A Common Stock | 1,710 | $123.24 | $211K |
| Sale | Class A Common Stock | 3,179 | $122.09 | $388K |
| Sale | Class A Common Stock | 357 | $123.24 | $44K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 4,788,684 shares (Indirect, Footnotes)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $123.16 to $123.32, 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. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of CW Opportunity 2 LP, CW Opportunity LLC, Longhorn Special Opportunities Fund LP, 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"). 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 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.
Key Figures
Shares sold: 296,160 shares
High sale price: $123.24 per share
Low sale price: $122.09 per share
+2 more
5 metrics
Shares sold
296,160 shares
Total Class A Common Stock sold on April 23, 2026 by Magnetar-advised funds
High sale price
$123.24 per share
Price for several open-market sales of CoreWeave Class A Common Stock
Low sale price
$122.09 per share
Price for several open-market sales of CoreWeave Class A Common Stock
Sale transactions
24 entries
Number of sale transactions reported for April 23, 2026
Net share change
-296,160 shares
Net buy/sell shares from reported transactions, indicating net selling
Key Terms
weighted average price, beneficial ownership, pecuniary interest, investment adviser, +1 more
5 terms
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.
beneficial ownership financial
"disclaims beneficial ownership of these shares of Common Stock"
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."
investment adviser financial
"Magnetar Financial LLC serves as the investment adviser to each of"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
ten percent owner financial
"is_ten_percent_owner": 1"
FAQ
What insider activity did Magnetar report for CoreWeave (CRWV) on this Form 4?
The filing shows Magnetar-advised funds executed open-market sales of CoreWeave Class A Common Stock. In total, they sold 296,160 shares on April 23, 2026 at prices just above $122 per share, reflecting net selling activity by these investment entities.
Were the CoreWeave (CRWV) insider sales reported as open-market transactions?
Yes. Each sale entry in the Form 4 is coded “S” and described as a “Sale in open market or private transaction.” The prices and share counts indicate multiple open-market trades executed on April 23, 2026 by Magnetar-advised investment funds.
What does the weighted average price disclosure mean in the CoreWeave (CRWV) Form 4?
One footnote explains that certain reported prices are weighted averages for trades executed in multiple transactions between $123.16 and $123.32 per share. Magnetar undertakes to provide full trade-by-trade price details to CoreWeave, its shareholders or SEC staff upon request.