Magnetar funds trim CoreWeave (CRWV) stake with 420,227-share sale
Filing Impact
Filing Sentiment
Form Type
4
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
Net Seller: 420,227 shares ($53,489,502)
Net Sell
21 txns
Insider
Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, Snyderman David J.
Role
null | null | null | null
Sold
420,227 shs ($53.49M)
| 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 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 874,918 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 $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
Shares sold: 420,227 shares
Low trade range: $125.79/share
High trade range: $129.50/share
+2 more
5 metrics
Shares sold
420,227 shares
Net open-market sales of Class A Common Stock on May 4, 2026
Low trade range
$125.79/share
Lowest price in reported weighted-average sale ranges
High trade range
$129.50/share
Highest price in reported weighted-average sale ranges
Sale transactions
20 entries
Number of sale transactions reported in transaction summary
Net buy/sell direction
Net sale of 420,227 shares
Transaction summary netBuySellShares and netBuySellDirection fields
Key Terms
weighted average price, open-market sale, ten percent owner, pecuniary interest, +2 more
6 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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
ten percent owner regulatory
"is_ten_percent_owner": 1"
pecuniary interest financial
"disclaims beneficial ownership ... except to the extent of its or his pecuniary interest"
beneficial ownership regulatory
"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.
indirect ownership regulatory
""ownership_type": "indirect", "ownership_code": "I""
FAQ
Who is officially listed as the reporting person in the CoreWeave (CRWV) Form 4?
The reporting persons are Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman, each identified as a ten percent owner. However, they report holdings indirectly through various Magnetar-managed funds rather than in personal accounts.
Which investment funds are involved in the CoreWeave (CRWV) transactions?
Footnotes identify several Magnetar-managed funds, including Magnetar SC Fund Ltd, Magnetar Xing He Master Fund Ltd, Magnetar Structured Credit Fund LP, Purpose Alternative Credit Fund vehicles, and Longhorn Special Opportunities Fund LP, as the direct holders of the CoreWeave Class A Common Stock.
Were the CoreWeave (CRWV) sales direct insider trades or through entities?
All reported CoreWeave sales are indirect, made through Magnetar-managed funds that directly hold the shares. The reporting persons attribute the transactions to these funds and indicate indirect ownership, with beneficial interest limited to their economic stakes.