CARVANA CO

Ticker: CVNA CUSIP: 146869102 Class: COM

Punch Card Management L.P.'s Holding History (CIK: 0001631664)

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

Q2 2018

Shares 75,112 Value ($000) $3,125 Avg Close $30.11 Range $21.76 - $45.21

Q1 2018

Shares 75,112 Value ($000) $1,722 Avg Close $19.97 Range $16.02 - $23.50

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2018	75,112	$3,125	$30.11	$21.76 - $45.21
Q1 2018	75,112	$1,722	$19.97	$16.02 - $23.50