As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Carvana: Nomura Holdings Inc., Goldman Sachs Group Inc., Readystate Asset Management LP, GTS Securities LLC, Wexford Capital LP, Barclays PLC, Wolverine Trading LLC, Parallax Volatility Advisers L.P., HAP Trading LLC, Citadel Advisors LLC, Cubist Systematic Strategies LLC, Balyasny Asset Management L.P., Nomura Holdings Inc., PEAK6 Investments LLC, Goldman Sachs Group Inc., Allianz Asset Management GmbH, IMC Chicago LLC, Franklin Resources Inc., BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., National Bank of Canada FI, Simplex Trading LLC, XR Securities LLC, Wolverine Asset Management LLC, Equitec Proprietary Markets LLC, Cutler Group LLC CA, and FNY Investment Advisers LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.