Magnetar Financial Entities Sell 201,157 CoreWeave Shares for $24M
Magnetar Financial LLC and its related entities, including Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman, filed a Form 4 disclosing significant sales of CoreWeave, Inc. Class A Common Stock. On May 1, 2026, the entities sold a total of 201,157 shares across multiple transactions at weighted average prices ranging from $119.20 to $121.10 per share, representing approximately $24 million in proceeds. The sales were executed through various Magnetar funds including Magnetar Xing He Master Fund Ltd, Purpose Alternative Credit Fund - F LLC, Purpose Alternative Credit Fund - T LLC, and Longhorn Special Opportunities Fund LP. Following these transactions, the reporting persons collectively hold 1,973,782 shares of CoreWeave common stock. The filing includes detailed footnotes explaining the ownership structure and disclaiming beneficial ownership except for pecuniary interests.