Hedge funds and major shareholders have filed hundreds of millions of dollars in sell transactions over the past week, with CRWV topping the list.
Magnetar Financial, a 10% owner of CoreWeave, filed $410M in sales between April 20–24. The trades covered 144 separate transactions at around $122 per share. CoreWeave only went public in March 2026. Magnetar's rapid exit signals a swift post-IPO cash-out.
At Redwire Corporation, AE Industrial Partners offloaded $315M worth of shares between April 16–22. The investment firm filed these sales on April 20 and April 24. AE Industrial holds a board seat at Redwire, making the scale of selling notable.
The biggest story by raw dollar volume belongs to Avis Budget Group. Pentwater Capital Management, a 10% owner, dumped over $1.75 billion in Avis shares across just two days — April 22 and 23. Filings hit the database on April 28. Pentwater executed 60 transactions at prices ranging from $264 to $702 per share.
Two C-suite executives also filed sells. United Rentals CEO Matthew Flannery reported a $22.4M sale on April 24. Chairman and CEO Gregory Christopher sold $14.2M worth of stock on April 27, filed the following day.
Buying was sparse. The most notable purchase came from Ping An Insurance, which bought $51M in China Life Insurance shares on April 24.
This is not financial advice.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
