Investing

CEO Alex Chesterman Ups Stake in Cazoo (CZOO)

Fintel reports that Alex Chesterman has filed a 13D/A form with the SEC disclosing ownership of 186,496,856 shares of Cazoo Group Ltd (CZOO). This represents 24.4% of the company.

In his previous filing dated May 13, 2022 he reported 178,369,874 shares and 23.40% of the company, an increase in shares of 4.56% and an increase in total ownership of 1.00% (calculated as current – previous percent ownership).

Cazoo Group Ltd operates as a car dealing company.

What are other large shareholders doing?

Greenvale Capital LLP holds 46,829,640 shares representing 6.14% ownership of the company. In it’s prior filing, the firm reported owning 29,000,000 shares, representing an increase of 38.07%. The firm decreased its portfolio allocation in CZOO by 2.73% over the last quarter.

D1 Capital Partners L.P. holds 36,826,525 shares representing 4.83% ownership of the company. No change in the last quarter.

General Catalyst Group Management, Llc holds 34,426,357 shares representing 4.51% ownership of the company. No change in the last quarter.

MIC Capital Management UK LLP holds 30,197,618 shares representing 3.96% ownership of the company. No change in the last quarter.

Willoughby Capital Holdings, LLC holds 22,094,343 shares representing 2.89% ownership of the company. No change in the last quarter.

What is the overall Fund Sentiment?

There are 142 funds or institutions reporting positions in Cazoo Group Ltd. This is a decrease of 10 owner(s) or 6.58%.

Average portfolio weight of all funds dedicated to Cazoo Group Ltd is 0.6078%, an increase of 291.6334%. Total shares owned by institutions decreased in the last three months by 5.88% to 292,831,673 shares.

Fintel’s Fund Sentiment Score is a quantitative model that ranks companies from zero to 100 based on Fund Sentiment. Fund Sentiment is important because it tells you if funds are buying or selling – and in particular how the company ranks compared to other companies in the investing universe.

This article originally appeared on Fintel.

Get Ready To Retire (Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Get started right here.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.