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

Wall Street sign, New York City, USA


  • 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).

Recommended For You

Comments (3)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.