Magnetar funds trim CoreWeave (CRWV) stake with 420,227-share sale
Rhea-AI Filing Summary
CoreWeave, Inc. received a Form 4 showing that investment entities associated with Magnetar Financial LLC and related Magnetar-managed funds indirectly sold 420,227 shares of Class A Common Stock on May 4, 2026.
The sales were open-market transactions at weighted average prices, with underlying trade ranges between $125.79 and $129.50 per share as described in the footnotes. All positions are reported as indirect holdings through various Magnetar funds, and Magnetar entities and David J. Snyderman disclaim beneficial ownership beyond their pecuniary interest. The filing also notes that significant indirect holdings remain across multiple Magnetar-managed funds as of the same date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,302 | $126.52 | $418K |
| Sale | Class A Common Stock | 3,439 | $127.46 | $438K |
| Sale | Class A Common Stock | 574 | $128.87 | $74K |
| Sale | Class A Common Stock | 496 | $129.38 | $64K |
| Sale | Class A Common Stock | 78,685 | $126.52 | $9.96M |
| Sale | Class A Common Stock | 81,879 | $127.46 | $10.44M |
| Sale | Class A Common Stock | 13,664 | $128.86 | $1.76M |
| Sale | Class A Common Stock | 11,810 | $129.38 | $1.53M |
| Sale | Class A Common Stock | 48,495 | $126.52 | $6.14M |
| Sale | Class A Common Stock | 50,466 | $127.46 | $6.43M |
| Sale | Class A Common Stock | 8,421 | $128.86 | $1.09M |
| Sale | Class A Common Stock | 7,278 | $129.38 | $942K |
| Sale | Class A Common Stock | 39,068 | $126.52 | $4.94M |
| Sale | Class A Common Stock | 40,651 | $127.46 | $5.18M |
| Sale | Class A Common Stock | 6,782 | $128.86 | $874K |
| Sale | Class A Common Stock | 5,862 | $129.38 | $758K |
| Sale | Class A Common Stock | 8,180 | $126.52 | $1.03M |
| Sale | Class A Common Stock | 8,521 | $127.46 | $1.09M |
| Sale | Class A Common Stock | 1,424 | $128.86 | $183K |
| Sale | Class A Common Stock | 1,230 | $129.38 | $159K |
| 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 $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 Longhorn Special Opportunities 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 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
Key Terms
weighted average price financial
open-market sale financial
ten percent owner regulatory
pecuniary interest financial
beneficial ownership regulatory
indirect ownership regulatory
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