Sosin Fell 77% in 2022

Three of the firm’s four stock holdings — including online used-car dealer Carvana — plummeted by more than 75 percent last year.

Emily Elconin/Bloomberg

Emily Elconin/Bloomberg

Sosin Partners, the hedge fund that has an outsized stake in crumbling online used-car seller Carvana, wound up down 77 percent in 2022, according to a hedge fund database. The huge loss came just two years after the fund had nearly doubled its investors’ money.

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