Magnetar Financial LLC Initiates New Position in CoreWeave, Inc. Class A Common Stock (CRWV)
Magnetar Financial LLC, a registered investment adviser, initiated a new position in CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) during Q3 2026, according to its most…
CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) · new position
Institution
Magnetar Financial LLC
Institution type
investment_adviser
Reporting period
Q3 2026
Shares
47,686,666
Position value
$4.2B
Position change
100%
At a glance
Key takeaways
01Magnetar Financial LLC purchased 47.7 million shares of CoreWeave (CRWV) valued at $4.2 billion in Q3 2026 according to its 13F SEC filing.
02CoreWeave stock trades at $51.31 with a $43.5 billion market capitalization, making Magnetar's position among significant institutional holdings.
0313F filings reflect quarter-end holdings filed up to 45 days later, so the position may have changed since the filing date.
04Large institutional positions can influence trading dynamics and are tracked by investors as indicators of professional money flow and conviction.
Filing Details
Magnetar Financial LLC, a registered investment adviser, initiated a new position in CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV) during Q3 2026, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 47,686,666 shares of the Technology company, valued at approximately $4.2B as of the filing date.
Market Context
CoreWeave, Inc. Class A Common Stock's stock currently trades at $51.31 with a market capitalization of $43.5B.
A new institutional position can signal growing confidence in a company's prospects. When large asset managers like Magnetar Financial LLC establish stakes, it often reflects months of due diligence and a conviction that the stock is undervalued or poised for growth. Retail investors often track 13F filings to identify stocks that institutional money is moving into.
The technology sector has seen significant institutional rotation in recent quarters as investors weigh AI-driven growth against elevated valuations. CoreWeave, Inc. Class A Common Stock's position within the sector makes institutional activity particularly noteworthy.
The size of this position — $4.15 billion — places it among the more significant institutional holdings in CoreWeave, Inc. Class A Common Stock. Large positions like this can influence trading dynamics and are closely watched by market participants tracking smart money flows.
Investors should note that 13F filings reflect holdings as of the end of the reporting quarter and are filed up to 45 days later. The position may have changed since the filing date. 13F data is most useful when analyzed alongside other signals such as insider transactions, analyst ratings, and fundamental trends.
A 13F filing is a quarterly SEC report required for institutional managers with over $100 million in assets. It discloses equity holdings, providing transparency into how firms like Magnetar Financial LLC position their portfolios.