Top 5 Stock Picks of Joshua Kushner’s Thrive Capital

4. Carvana Co. (NYSE:CVNA)

Thrive Capital’s Stake Value:  $96,949,000

Percentage of Thrive Capital’s 13F Portfolio: 9.07%

Number of Hedge Fund Holders: 48

Carvana Co. (NYSE:CVNA) runs an e-commerce platform in the United States for buying and selling used cars. Customers can use their desktop or mobile devices to research and identify vehicles, inspect them using the company’s 360-degree vehicle imaging technology, obtain financing and warranty coverage, purchase the vehicle, and schedule delivery or pick-up. Carvana Co. (NYSE:CVNA) is a new arrival in Thrive Capital’s Q1 portfolio with 812,713 shares, worth $96.9 million.

Among the hedge funds tracked by Insider Monkey, 48 funds were long Carvana Co. (NYSE:CVNA) at the end of Q1 2022, with combined stakes worth $3.4 billion.