Hedgies Shop for Instacart

Valiant and other hedge funds are bullish on the online grocery company.

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A large number of hedge funds hold stakes in Instacart, the online grocery company whose business boomed during the global pandemic and went public in mid-September amid much fanfare.

The company’s prospectus, filed by parent Maplebear, names only two hedge funds among its shareholders: D1 Capital Partners and Valiant Capital Partners.

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