Recurve Capital’s Analysis on Carvana (CVNA)
Key takeaways
- Recurve Capital’s Analysis on Carvana (CVNA) Soumya Eswaran Fri, July 3, 2026 at 9:38 PM GMT+7 3 min read CVNA ^GSPC ^IXIC Recurve Capital recently published its investor update for June 2026.
- In its second-quarter 2026 investor letter, Recurve Capital highlighted Carvana Co.
- Recurve Capital stated the following regarding Carvana Co.
Recurve Capital’s Analysis on Carvana (CVNA) Soumya Eswaran Fri, July 3, 2026 at 9:38 PM GMT+7 3 min read CVNA ^GSPC ^IXIC Recurve Capital recently published its investor update for June 2026. A copy of the letter can be downloaded here. The portfolio underperformed significantly this year, largely due to Carvana, which saw a decline of 10% in June and 22% year-to-date (YTD) through June 30th. This drop has contributed nearly 80% to the portfolio's poor performance for the year. In June, Recurve Capital Partners reported a return of -4.3% (gross) and -4.4% (net), compared to -1.1% for the S&P 500 Index and -2.8% for the Nasdaq. Please review the Strategy's top five holdings to gain insights into their key selections for 2026.
In its second-quarter 2026 investor letter, Recurve Capital highlighted Carvana Co. (NYSE:CVNA). Carvana Co. (NYSE:CVNA) is a US-based used car retailer that operates an e-commerce platform. On July 2, 2026, Carvana Co. (NYSE:CVNA) closed at $68.60 per share. One-month return of Carvana Co. (NYSE:CVNA) was 3.14%, while its shares lost 1.53% over the past 52 weeks. Carvana Co. (NYSE:CVNA) has a market capitalization of $75.24 billion.
Recurve Capital stated the following regarding Carvana Co. (NYSE:CVNA) in its Q2 2026 investor letter: