Magnetar funds trim CoreWeave (CRWV) stake with 422,762-share open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. reported that investment funds advised by Magnetar entities completed open-market sales of Class A Common Stock. On April 15, 2026, the Magnetar-advised funds sold a combined 422,762 shares of CoreWeave at weighted average prices between approximately $117.06 and $119.50 per share.
The shares are held directly by Magnetar Xing He Master Fund Ltd, Purpose Alternative Credit Fund - F LLC, Purpose Alternative Credit Fund - T LLC and Longhorn Special Opportunities Fund LP. Magnetar Financial LLC serves as investment adviser, and related Magnetar entities and David J. Snyderman disclaim beneficial ownership except for their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 422,762 shares ($50,168,306)
Net Sell
10 txns
Insider
Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, Snyderman David J.
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold
422,762 shs ($50.17M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 12,382 | $117.79 | $1.46M |
| Sale | Class A Common Stock | 161,969 | $118.57 | $19.20M |
| Sale | Class A Common Stock | 39,783 | $119.34 | $4.75M |
| Sale | Class A Common Stock | 9,974 | $117.79 | $1.17M |
| Sale | Class A Common Stock | 130,474 | $118.57 | $15.47M |
| Sale | Class A Common Stock | 32,049 | $119.34 | $3.82M |
| Sale | Class A Common Stock | 2,087 | $117.79 | $246K |
| Sale | Class A Common Stock | 27,329 | $118.57 | $3.24M |
| Sale | Class A Common Stock | 6,715 | $119.34 | $801K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,142,801 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 $117.06 to $118.00, 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 and 3. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $118.20 to $119.11, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $119.20 to $119.50, inclusive. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of Magnetar Xing He Master Fund Ltd, Purpose Alternative Credit Fund - F LLC, Purpose Alternative Credit Fund - T LLC and Longhorn Special Opportunities Fund LP (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 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: 422,762 shares
Low sale price range: $117.06–$118.00
Mid sale price range: $118.20–$119.11
+3 more
6 metrics
Shares sold
422,762 shares
Aggregate open-market sales on April 15, 2026
Low sale price range
$117.06–$118.00
Weighted average trades in first disclosed range
Mid sale price range
$118.20–$119.11
Weighted average trades in second disclosed range
High sale price range
$119.20–$119.50
Weighted average trades in third disclosed range
Largest post-transaction holding
3,142,801 shares
Indirect Class A Common Stock holding after one sale entry
Another post-transaction holding
825,894 shares
Indirect Class A Common Stock holding after another sale entry
Key Terms
weighted average price, investment adviser, beneficial ownership, pecuniary interest, +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.
investment adviser financial
"Magnetar Financial LLC serves as the investment adviser to each of Magnetar Xing He Master Fund Ltd..."
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.
beneficial ownership financial
"Each of the Magnetar Funds, Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman disclaims beneficial ownership..."
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
"disclaims beneficial ownership of these shares of Common Stock... except to the extent of its or his pecuniary interest therein."
ten percent owner financial
"reportingPersons ... is_ten_percent_owner: 1"
FAQ
Do Magnetar and David J. Snyderman claim full beneficial ownership of these CoreWeave (CRWV) shares?
No. The filing states each Magnetar fund, Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman disclaim beneficial ownership of the CoreWeave shares, except to the extent of their respective pecuniary interests arising from the investment relationships described.
What role does Magnetar Financial LLC play regarding CoreWeave (CRWV) holdings?
Magnetar Financial LLC serves as investment adviser to the Magnetar funds that directly hold CoreWeave shares. Magnetar Capital Partners is its parent holding company, and Supernova Management LLC is general partner to Magnetar Capital Partners, forming the management chain described in the filing footnotes.