Who Owns Carvana?
Updated onExplore the ownership hierarchy of Carvana. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Carvana
An e-commerce used‑car retailer that lets consumers buy, sell, trade and finance used vehicles online and schedule home delivery or vending‑machine pickup.
Carvana appears to be independent with no known parent company.
Carvana
An e-commerce used‑car retailer that lets consumers buy, sell, trade and finance used vehicles online and schedule home delivery or vending‑machine pickup.
Carvana appears to be independent with no known parent company.
Major Shareholders
Carvana
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Garcia Parties (Ernest C. Garcia II & Ernest C. Garcia III and affiliated entities) Controlling founder-family group holding both high-vote Class B and Class A shares. Third‑party ownership data based on SEC filings shows the Garcia-related block at roughly 36% of Carvana’s equity (about 78–80M shares) in 2025, while Carvana’s February 2025 prospectus (Form 424B5) states that the Garcia Parties together controlled about 84% of the total voting power as of December 31, 2024. Percentages fluctuate as they convert and sell units and Class A shares. | Family | 35.9% | 84.0% | — |
Price T. Rowe Associates Inc. (T. Rowe Price) Largest outside institutional holder. Q3 2025 Form 13F data and consolidated ownership snapshots show T. Rowe Price holding about 16.3M Carvana shares, corresponding to roughly 7.5% of the company’s equity. | Institutional | 7.5% | — | Sep 2025 |
Vanguard Group Inc. Index/asset manager; Q3 2025 filings show Vanguard with about 13.45M Carvana shares, or a little over 6% of the company. | Institutional | 6.2% | — | Sep 2025 |
BlackRock Inc. Global asset manager; reported holding about 9.82M shares (~4.5% of equity) in Q3 2025 ownership data. | Institutional | 4.5% | — | Sep 2025 |
JPMorgan Chase & Co. Through its asset‑management arms, JPMorgan reported owning about 6.39M Carvana shares in Q3 2025, around 3% of the company. | Institutional | 2.9% | — | Sep 2025 |
FMR LLC (Fidelity Investments) Fidelity’s funds collectively held roughly 5.7M shares as of Q3 2025, or about 2.6% of Carvana’s equity. | Institutional | 2.6% | — | Sep 2025 |
Spruce House Partnership AI LP Investment partnership associated with Spruce House; ownership tables for 2025 show this vehicle holding about 5.6M shares, roughly 2.6% of Carvana. | Institutional | 2.6% | — | Sep 2025 |
Greenoaks Capital Partners LLC Growth‑oriented investment firm; Q3 2025 institutional holdings data show Greenoaks with about 5.26M shares (~2.4%). | Institutional | 2.4% | — | Sep 2025 |
CAS Investment Partners LLC Hedge fund/asset manager; reported holding about 4.89M Carvana shares in 2025, or roughly 2.3% of the company. | Institutional | 2.3% | — | Sep 2025 |
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