CAVA GROUP INC CAVA
COM · Common Stock · CUSIP 148929102 · ISIN US1489291021
Greek-American restaurant chain
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($12.7m this quarter). Holder counts are more reliable. Shares outstanding: 116.8m as of 2026-08-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $78.67. Options: 23 managers hold calls ($518.9m notional), 23 hold puts ($381.9m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2023 | 90 |
| Q3 2023 | 140 |
| Q4 2023 | 201 |
| Q1 2024 | 290 |
| Q2 2024 | 391 |
| Q3 2024 | 450 |
| Q4 2024 | 522 |
| Q1 2025 | 520 |
| Q2 2025 | 541 |
| Q3 2025 | 498 |
| Q4 2025 | 483 |
| Q1 2026 | 518 |
| Q2 2026 | 541 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 253 | 176 |
| Q4 2024 | 297 | 172 |
| Q1 2025 | 334 | 231 |
| Q2 2025 | 334 | 224 |
| Q3 2025 | 307 | 256 |
| Q4 2025 | 247 | 271 |
| Q1 2026 | 290 | 221 |
| Q2 2026 | 240 | 265 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $692.0m | $946.6m | 1.37 |
| Q4 2025 | $629.0m | $551.1m | 0.88 |
| Q1 2026 | $587.4m | $376.2m | 0.64 |
| Q2 2026 | $518.9m | $381.9m | 0.74 |
Biggest buyers
| 1832 Asset Management L.P. | Added | +1.0m |
| TWO SIGMA INVESTMENTS, LP | Added | +936.5k |
| D. E. Shaw & Co., Inc. | Added | +917.9k |
| JANE STREET GROUP, LLC | Added | +767.2k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +697.7k |
| AMERIPRISE FINANCIAL INC | Added | +663.0k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +632.7k |
| Mediolanum International Funds Ltd | New | +484.0k |
| GOLDMAN SACHS GROUP INC | Added | +444.1k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +429.6k |
Biggest sellers
| Capital Research Global Investors | Reduced | -4.7m |
| Artal Group S.A. | Reduced | -3.0m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -2.5m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -1.2m |
| Capital World Investors | Reduced | -1.1m |
| CITADEL ADVISORS LLC | Reduced | -913.4k |
| UBS Group AG | Reduced | -706.3k |
| Champlain Investment Partners, LLC | Reduced | -696.3k |
| BANK OF AMERICA CORP /DE/ | Reduced | -642.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -631.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $150.5m1.9m shares |
| JANE STREET GROUP, LLC | Added | $110.8m1.4m shares |
| CITADEL ADVISORS LLC | Reduced | $75.0m955.4k shares |
| IMC-Chicago, LLC | Reduced | $49.5m630.9k shares |
| Walleye Trading LLC | Reduced | $40.1m510.4k shares |
| GROUP ONE TRADING LLC | Added | $18.0m228.9k shares |
| D. E. Shaw & Co., Inc. | Added | $14.9m189.8k shares |
| Alphadyne Asset Management LP | Added | $14.1m179.8k shares |
| SIMPLEX TRADING, LLC | Added | $9.8m124.4k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $9.5m121.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $102.9m1.3m shares |
| JANE STREET GROUP, LLC | Reduced | $62.4m795.2k shares |
| CITADEL ADVISORS LLC | Added | $49.6m631.4k shares |
| IMC-Chicago, LLC | Added | $40.5m515.6k shares |
| BARCLAYS PLC | Added | $23.9m304.5k shares |
| PEAK6 LLC | Reduced | $16.5m209.7k shares |
| Alphadyne Asset Management LP | Added | $14.8m188.5k shares |
| GROUP ONE TRADING LLC | Reduced | $12.7m162.2k shares |
| Walleye Trading LLC | Added | $12.7m161.5k shares |
| BNP PARIBAS FINANCIAL MARKETS | New | $7.4m945 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +1.5 pts · filed 2025-10-17 | 7.9% |
| ALLIANCEBERNSTEIN L.P. 13G · institution -2.2 pts · filed 2026-08-14 | 5.7% |
| Artal International S.C.A. 13G · exempt (held before listing) -2.7 pts · filed 2026-08-13 | 5.6% |
| FMR LLC 13G · institution new · filed 2026-05-06 | 5.1% |
Fell to 5% or below in the last year: Capital Research Global Investors (1.2%, 2026-08-12), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 7 | $1.3bn | $2.8m |
| Q1 2025 | 0 | — | 7 | $7.0m | — |
| Q2 2025 | 0 | — | 7 | $5.4m | — |
| Q3 2025 | 0 | — | 1 | $222.0k | — |
| Q4 2025 | 1 | $7.3k | 1 | $192.1k | — |
| Q1 2026 | 0 | — | 6 | $6.6m | — |
| Q2 2026 | 2 | $661.5k | 7 | $279.3m | — |
| Q3 2026 | 2 | $482.3k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-15 | KADOW JOSEPH JOHN CLO & Secretary · By Spouse | Bought | $50.0k1.0k shares |
| 2026-08-31 | Thompson Douglas W. Chief Operations Officer | Bought | $432.4k6.5k shares |
| 2026-06-18 | KOCHEVAR KAREN Director | Sold | $900.0k10.0k shares |
| 2026-06-17 | Costanza Kelly Chief People Officer | Sold | $1.1m12.5k shares |
| 2026-06-15 | Artal Group S.A. +6 Director | Sold | $270.9m3.0m shares |
| 2026-06-15 | Schulman Brett CEO and President, director | Sold | $3.0m33.2k shares |
| 2026-06-15 | Tolivar Tricia K. Chief Financial Officer | Sold | $444.4k5.0k shares |
| 2026-06-15 | Xenohristos Theodoros Chief Concept Officer, director | Sold | $290.8k3.3k shares |
| 2026-06-15 | Costanza Kelly Chief People Officer | Sold | $256.7k2.9k shares |
| 2026-06-15 | Phillips Adam David Chief Accounting Officer | Sold | $67.7k757 shares |
| 2026-06-12 | Phillips Adam David Chief Accounting Officer | Sold | $423.1k4.7k shares |
| 2026-06-03 | KADOW JOSEPH JOHN CLO & Secretary | Bought | $70.0k1.0k shares |
| 2026-05-29 | Thompson Douglas W. Chief Operations Officer | Bought | $194.8k2.5k shares |
| 2026-05-29 | KADOW JOSEPH JOHN CLO & Secretary | Bought | $79.0k1.0k shares |
| 2026-05-26 | Thompson Douglas W. Chief Operations Officer | Bought | $317.8k4.0k shares |
| 2026-05-21 | Costanza Kelly Chief People Officer | Sold | $799.5k10.0k shares |
| 2026-05-21 | Phillips Adam David Chief Accounting Officer | Sold | $399.7k5.2k shares |
| 2026-05-11 | Xenohristos Theodoros Chief Concept Officer, director | Sold | $721.3k9.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 9.6m $757.0m | Added +77.9k |
| ALLIANCEBERNSTEIN L.P. 0.18% of their portfolio | 6.6m $537.4m | Reduced -2.5m |
| Artal Group S.A. 54.85% of their portfolio | 6.5m $510.7m | Reduced -3.0m |
| FMR LLC 0.02% of their portfolio | 5.5m $433.9m | Reduced -383.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 4.5m $352.1m | Added +40.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 4.2m $330.7m | Added +20.5k |
| STATE STREET CORP 0.01% of their portfolio | 3.1m $243.2m | Added +92.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 3.0m $238.1m | Reduced -631.2k |
| 1832 Asset Management L.P. 0.24% of their portfolio | 2.5m $198.2m | Added +1.0m |
| MORGAN STANLEY 0.01% of their portfolio | 2.1m $166.9m | Added +276.5k |
| Capital International Investors 0.03% of their portfolio | 2.1m $161.5m | Reduced -551.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.0m $157.3m | Added +1.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 1.6m $126.0m | Added +697.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.5m $118.9m | Added +444.1k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.5m $115.6m | Added +663.0k |
| Capital Research Global Investors 0.02% of their portfolio | 1.4m $113.4m | Reduced -4.7m |
| Clearbridge Investments, LLC 0.09% of their portfolio | 1.4m $110.4m | Reduced -37.3k |
| Hood River Capital Management LLC 0.80% of their portfolio | 1.4m $110.4m | Added +226.8k |
| NORGES BANK 0.01% of their portfolio | 1.3m $104.3m | Not comparable |
| CITIGROUP INC 0.05% of their portfolio | 1.2m $97.7m | Reduced -7.9k |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 1.2m $97.4m | Added +767.2k |
| PRIMECAP MANAGEMENT CO/CA/ 0.05% of their portfolio | 1.2m $93.0m | Reduced -75.8k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.27% of their portfolio | 1.1m $89.9m | Reduced -1.2m |
| TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio | 1.1m $89.5m | Added +936.5k |
| Prime Capital Management Co Ltd 6.47% of their portfolio | 1.0m $81.0m | Unchanged |
| Capital World Investors 0.01% of their portfolio | 1.0m $80.2m | Reduced -1.1m |
| Driehaus Capital Management LLC 0.45% of their portfolio | 996.5k $78.2m | Added +149.8k |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 974.8k $76.5m | Added +917.9k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 946.8k $74.3m | Reduced -83.1k |
| Liontrust Investment Partners LLP 1.05% of their portfolio | 911.7k $71.5m | Added +55.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 898.0k $70.5m | Added +429.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 885.1k $69.5m | Added +192.9k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 880.9k $69.1m | Added +102.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 866.1k $68.0m | Added +53.2k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 820.0k $64.4m | Added +3.0k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 722.5k $56.7m | Reduced -80.4k |
| LORD, ABBETT & CO. LLC 0.16% of their portfolio | 719.4k $56.5m | Added +191.4k |
| Champlain Investment Partners, LLC 1.41% of their portfolio | 701.1k $55.0m | Reduced -696.3k |
| Allspring Global Investments Holdings, LLC 0.08% of their portfolio | 682.6k $54.5m | Reduced -5.0k |
| Balyasny Asset Management L.P. 0.10% of their portfolio | 672.3k $52.8m | Added +52.9k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 663.6k $52.1m | Added +146.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 655.3k $51.4m | Reduced -642.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 654.7k $51.4m | Added +632.7k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 646.2k $50.7m | Added +12.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 618.5k $48.5m | Reduced -29.2k |
| UBS Group AG 0.01% of their portfolio | 603.3k $47.3m | Reduced -706.3k |
| Nuveen, LLC 0.01% of their portfolio | 534.9k $42.0m | Added +115.0k |
| CONGRESS ASSET MANAGEMENT CO 0.24% of their portfolio | 498.3k $39.1m | Added +6.3k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.06% of their portfolio | 497.7k $39.1m | Added +31.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.04% of their portfolio | 490.0k $38.5m | Added +83.9k |
| Mediolanum International Funds Ltd 0.34% of their portfolio | 484.0k $39.6m | New |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 474.4k $37.2m | Added +5.0k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 461.4k $36.2m | Reduced -28.7k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 436.3k $34.2m | Added +17.2k |
| Woodline Partners LP 0.10% of their portfolio | 418.8k $32.9m | Reduced -116.9k |
| Squarepoint Ops LLC 0.06% of their portfolio | 405.7k $31.8m | New |
| Wealthspire Advisors, LLC 0.17% of their portfolio | 383.5k $30.1m | Reduced -20.0k |
| Armstrong, Fleming & Moore, Inc 9.46% of their portfolio | 363.9k $28.6m | Unchanged |
| Aperture Investors, LLC 3.01% of their portfolio | 361.3k $28.4m | Reduced -79.6k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 314.9k $24.7m | Reduced -913.4k |
| Baird Financial Group, Inc. 0.03% of their portfolio | 303.1k $23.8m | Reduced -167.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 289.8k $24.1m | Added +10.5k |
| Invesco Ltd. 0.00% of their portfolio | 284.4k $22.3m | Added +4.8k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 281.7k $22.1m | Added +278.8k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 275.1k $21.6m | Reduced -4.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 272.5k $21.4m | Reduced -32.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 267.7k $21.0m | Reduced -8.8k |
| Granahan Investment Management, LLC 0.74% of their portfolio | 265.4k $20.8m | Reduced -38.5k |
| Man Group plc 0.03% of their portfolio | 242.9k $19.1m | Added +166.2k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 239.4k $18.8m | Reduced -9.4k |
| Retirement Systems of Alabama 0.06% of their portfolio | 235.2k $18.5m | Reduced -18.7k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 233.7k $18.3m | Reduced -576 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 220.0k $17.3m | Added +3.1k |
| Mariner, LLC 0.02% of their portfolio | 204.2k $16.0m | Reduced -498 |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 0.41% of their portfolio | 200.0k $15.7m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 188.0k $14.8m | Reduced -3.6k |
| Amundi 0.00% of their portfolio | 186.3k $14.6m | Reduced -103.9k |
| Swiss National Bank 0.01% of their portfolio | 175.2k $13.7m | Reduced -8.3k |
| Jump Financial, LLC 0.12% of their portfolio | 171.9k $13.5m | Added +169.2k |
| ASSETMARK, INC 0.02% of their portfolio | 164.5k $12.9m | Reduced -22.7k |
| LPL Financial LLC 0.00% of their portfolio | 163.6k $12.8m | Reduced -58.8k |
| Verition Fund Management LLC 0.08% of their portfolio | 152.5k $12.0m | Reduced -42.0k |
| Federation des caisses Desjardins du Quebec 0.04% of their portfolio | 146.3k $11.5m | Added +2.2k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 139.6k $11.0m | New |
| NATIXIS 0.05% of their portfolio | 130.1k $10.2m | New |
| Ghisallo Capital Management LLC 0.19% of their portfolio | 125.0k $9.8m | New |
| Legal & General Group Plc 0.00% of their portfolio | 124.1k $9.7m | Reduced -2.2k |
| AustralianSuper Pty Ltd 0.04% of their portfolio | 120.3k $9.4m | Added +4.3k |
| Nicholas Investment Partners, LP 0.53% of their portfolio | 119.9k $9.4m | New |
| Holocene Advisors, LP 0.02% of their portfolio | 118.8k $9.3m | Reduced -80.5k |
| California Public Employees Retirement System 0.01% of their portfolio | 115.9k $9.1m | Reduced -8.9k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 111.1k $8.7m | Added +92.2k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 109.6k $8.6m | Reduced -5.7k |
| Focus Partners Wealth 0.01% of their portfolio | 108.6k $8.5m | Reduced -7.9k |
| Susquehanna Portfolio Strategies, LLC 0.14% of their portfolio | 108.1k $8.5m | Reduced -44.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 107.5k $8.4m | Reduced -3.3k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 93.7k $7.4m | Added +21.3k |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC 0.03% of their portfolio | 91.6k $7.2m | New |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 89.8k $7.1m | Added +4.2k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.05% of their portfolio | 89.5k $7.0m | Added +43.6k |