CARVANA CO

Ticker: CVNA CUSIP: 146869102 Class: COM

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

Note: Option positions (PUT/CALL) are excluded.

Q3 2025

Shares 5,609 Value ($000) $2,116 Avg Close $357.61 Range $318.17 - $413.33

Q2 2025

Shares 7,879 Value ($000) $2,655 Avg Close $274.18 Range $148.25 - $351.43

Q1 2025

Shares 13,333 Value ($000) $2,788 Avg Close $221.24 Range $161.64 - $292.84

Q4 2024

Shares 7,516 Value ($000) $1,528 Avg Close $224.63 Range $171.82 - $268.34

Q3 2024

Shares 12,922 Value ($000) $2,250 Avg Close $143.59 Range $118.50 - $176.33

Q2 2024

Shares 8,389 Value ($000) $1,080 Avg Close $100.64 Range $67.61 - $136.92

Q1 2024

Shares 3,837 Value ($000) $337 Avg Close $61.03 Range $40.21 - $94.04

Q4 2023

Shares 12,411 Value ($000) $657 Avg Close $37.45 Range $25.09 - $62.59

Q2 2022

Shares 56,390 Value ($000) $1,273 Avg Close $52.61 Range $19.80 - $134.68

Q3 2021

Shares 23,818 Value ($000) $7,182 Avg Close $332.52 Range $294.99 - $376.83

Q1 2021

Shares 15,000 Value ($000) $3,936 Avg Close $275.59 Range $229.26 - $323.39

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	5,609	$2,116	$357.61	$318.17 - $413.33
Q2 2025	7,879	$2,655	$274.18	$148.25 - $351.43
Q1 2025	13,333	$2,788	$221.24	$161.64 - $292.84
Q4 2024	7,516	$1,528	$224.63	$171.82 - $268.34
Q3 2024	12,922	$2,250	$143.59	$118.50 - $176.33
Q2 2024	8,389	$1,080	$100.64	$67.61 - $136.92
Q1 2024	3,837	$337	$61.03	$40.21 - $94.04
Q4 2023	12,411	$657	$37.45	$25.09 - $62.59
Q2 2022	56,390	$1,273	$52.61	$19.80 - $134.68
Q3 2021	23,818	$7,182	$332.52	$294.99 - $376.83
Q1 2021	15,000	$3,936	$275.59	$229.26 - $323.39