3G Capital exits Carvana, while picking new stake in Alphabet; cuts position in Microsoft

Aug. 16, 2022 2:07 PM ETGOOG, AMZN, MSFT, GOOGL, CVNA, BILL, SNOW, TASKBy: Ravikash, SA News Editor3 Comments

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  • 3G Capital disclosed in a SEC filing that it exited its stake in Carvana (CVNA) and Snowflake (SNOW) while acquiring new position in Alphabet (GOOG) (GOOGL), as of the second quarter ending June 30.
  • The investment firm sold off its total 515K shares of Carvana and 55K shares of Snowflake.
  • 3G Capital took new stake in Alphabet with 7K shares.
  • The fund cut down positions in Microsoft (MSFT) by 60% to 50K shares; TaskUs (TASK) by 50% to 850K shares and Bill.com (BILL) by ~43.18% to 125K shares.
  • 3G Capital also hold stake in Amazon.com (AMZN).

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