Nepsis Inc. reported acquiring 52,776 additional shares of CAVA Group, Inc. in a regulatory filing with the Securities and Exchange Commission on January 14, 2026. The transaction was estimated at $2.94 million based on average closing prices during the fourth quarter of 2025.
The fund's position in CAVA increased in value by $2.88 million from the previous quarter. This change reflected both the new share purchases and movements in the stock's market price.
Following the trade, Nepsis held 176,694 shares of CAVA. The total value of this holding was reported as $10.37 million.
This CAVA investment now constitutes 3.2% of the assets under management listed in Nepsis's 13F filing. This percentage places it outside the fund's top five holdings.
As of the market close on January 13, 2026, CAVA shares were trading at $68.52. The stock price has declined by 38.3% over the past year. Its performance has lagged behind the S&P 500 by 57.61 percentage points.
CAVA Group, Inc. operates a fast-casual restaurant business focused on Mediterranean cuisine. The company also sells branded products through grocery retail channels.
The company's market capitalization was listed as $7.89 billion. Its revenue for the trailing twelve months was $1.13 billion, with a net income of $137.44 million.
Nepsis Inc. is an investment advisory firm based in Minnesota. The filing did not include commentary from the firm regarding the transaction.