Magnetar-linked Funds Dispose of 9.2M CRWV Class A Shares
Rhea-AI Filing Summary
Magnetar-linked entities sold multiple blocks of CoreWeave Class A common stock on 10/06/2025, disposing in aggregate at least 9,202,863 shares according to the Form 4 filing. The reported sales were executed in multiple transactions at weighted-average prices ranging roughly from $137.00 to $139.96 per share, with specific weighted averages shown such as $137.34, $139.28, and $139.86. The sellers are a group of related entities (Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC) and an individual manager, who disclaim beneficial ownership except for pecuniary interest; the securities are held directly by multiple Magnetar funds named in the footnotes.
Positive
- Full disclosure of transaction prices and multiple fund holders is provided in the Form 4 filing
- Detailed footnotes identify each fund that directly holds the sold shares, improving traceability
Negative
- Large aggregate dispositions totaling at least 9,202,863 Class A shares on 10/06/2025
- Sales executed over multiple prices (weighted averages near $137–$139.86), which may signal staggered exits rather than single strategic rebalancing
Insights
TL;DR: A Magnetar affiliate group executed large, multi-price sales of CoreWeave stock on 10/06/2025, totaling over 9.2M shares.
The transactions show coordinated dispositions by Magnetar-related entities across multiple fund vehicles, reducing reported indirect holdings in several accounts to the amounts listed on the form. Sales were executed at weighted-average prices in the low-to-high $137–$140 range, indicating the activity occurred across several trades rather than a single block.
These sales are material from an ownership-disclosure perspective: the filing lists specific funds that directly hold the shares and includes a total of 9,202,863 Class A shares reported as held after the transactions in one aggregated line. Investors should note the reporting structure: the entities disclaim beneficial ownership except for pecuniary interest and the filings were signed by an attorney-in-fact on 10/07/2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,555 | $137.34 | $214K |
| Sale | Class A Common Stock | 35,241 | $139.28 | $4.91M |
| Sale | Class A Common Stock | 1,050 | $139.86 | $147K |
| Sale | Class A Common Stock | 1,375 | $137.23 | $189K |
| Sale | Class A Common Stock | 155,132 | $139.29 | $21.61M |
| Sale | Class A Common Stock | 695 | $137.23 | $95K |
| Sale | Class A Common Stock | 78,021 | $139.29 | $10.87M |
| Sale | Class A Common Stock | 180 | $137.23 | $25K |
| Sale | Class A Common Stock | 20,337 | $139.29 | $2.83M |
| Sale | Class A Common Stock | 20 | $137.23 | $3K |
| Sale | Class A Common Stock | 2,103 | $139.29 | $293K |
| Sale | Class A Common Stock | 405 | $137.23 | $56K |
| Sale | Class A Common Stock | 45,337 | $139.29 | $6.31M |
| Sale | Class A Common Stock | 555 | $137.23 | $76K |
| Sale | Class A Common Stock | 62,242 | $139.29 | $8.67M |
| Sale | Class A Common Stock | 155 | $137.23 | $21K |
| Sale | Class A Common Stock | 17,628 | $139.29 | $2.46M |
| Sale | Class A Common Stock | 590 | $137.23 | $81K |
| Sale | Class A Common Stock | 66,367 | $139.29 | $9.24M |
| Sale | Class A Common Stock | 365 | $137.23 | $50K |
| Sale | Class A Common Stock | 40,902 | $139.29 | $5.70M |
| Sale | Class A Common Stock | 295 | $137.23 | $40K |
| Sale | Class A Common Stock | 32,949 | $139.29 | $4.59M |
| Sale | Class A Common Stock | 60 | $137.23 | $8K |
| Sale | Class A Common Stock | 6,904 | $139.29 | $962K |
| 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 $137.00 to $137.74, 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 $138.64 to $139.60, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $139.69 to $139.96, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $137.04 to $137.40, inclusive. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of CW Opportunity LLC, CW Opportunity 2 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, Purpose Alternative Credit Fund - T LLC, and Longhorn Special Opportunities Fund LP, the general partner of Magnetar Structured Credit Fund, LP 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 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 Longhorn Special Opportunities Fund LP. 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 SC Fund Ltd. These securities are held directly by Magnetar Structured Credit Fund, LP. 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 Magnetar Longhorn Fund LP.