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ACV Auctions

95 hedge funds and large institutions have $995M invested in ACV Auctions in 2021 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 34 increasing their positions, 10 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

451% more call options, than puts

Call options by funds: $7.45M | Put options by funds: $1.35M

240% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 10

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

88% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 24

83.35% more ownership

Funds ownership: 128.92%212.27% (+83%)

35% more capital invested

Capital invested by funds: $736M → $995M (+$259M)

28% more funds holding

Funds holding: 7495 (+21)

Holders
95
Holders Change
+21
Holders Change %
+28.38%
% of All Funds
1.65%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.05%
New
45
Increased
34
Reduced
10
Closed
24
Calls
$7.45M
Puts
$1.35M
Net Calls
+$6.1M
Net Calls Change
+$6.1M
Name Holding Trade Value Shares
Change
Change in
Stake
TCP
26
ThornTree Capital Partners
Massachusetts
$11.4M +$5.68M +194,979 +78%
OCPWS
27
One Charles Private Wealth Services
Massachusetts
$10.5M +$12M +410,534 New
IAM
28
Iridian Asset Management
Connecticut
$9.82M +$5.21M +178,840 +88%
Winslow Capital Management
29
Winslow Capital Management
Minnesota
$9.39M -$3.89M -133,635 -27%
AM
30
Atreides Management
Massachusetts
$8.8M +$386K +13,247 +4%
DCM
31
Driehaus Capital Management
Illinois
$8.34M +$9.08M +311,453 +2,261%
Citigroup
32
Citigroup
New York
$7.9M +$8.98M +308,193 New
Brown Advisory
33
Brown Advisory
Maryland
$6.79M +$3.82M +131,080 +98%
Alyeska Investment Group
34
Alyeska Investment Group
Illinois
$5.13M +$4.03M +138,131 +223%
UBS AM
35
UBS AM
Illinois
$4.79M -$379K -13,017 -7%
Geode Capital Management
36
Geode Capital Management
Massachusetts
$4.56M +$5.18M +177,808 New
HSCU
37
Half Sky Capital (UK)
United Kingdom
$4.28M +$4.87M +167,137 New
WMSA
38
Weiss Multi-Strategy Advisers
New York
$4.23M +$4.81M +164,921 New
Holocene Advisors
39
Holocene Advisors
New York
$3.85M -$1.52M -52,140 -26%
Manulife (Manufacturers Life Insurance)
40
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.73M +$3.8M +130,339 +869%
NIM
41
Needham Investment Management
New York
$3.46M +$3.93M +135,000 New
CCM
42
CAAS Capital Management
New York
$2.94M +$431K +14,789 +15%
Ameriprise
43
Ameriprise
Minnesota
$2.65M +$2.05M +70,391 +213%
DCM
44
Discovery Capital Management
Connecticut
$2.56M -$1.46M -50,000 -33%
Tudor Investment Corp
45
Tudor Investment Corp
Connecticut
$1.98M +$2M +68,688 +815%
Bessemer Group
46
Bessemer Group
New Jersey
$1.85M +$2.11M +72,334 New
Franklin Resources
47
Franklin Resources
California
$1.82M -$2.29M -78,454 -52%
CCM
48
Cinctive Capital Management
New York
$1.55M +$1.76M +60,567 New
Susquehanna International Group
49
Susquehanna International Group
Pennsylvania
$1.4M +$1.59M +54,727 New
GCM
50
Ghisallo Capital Management
Massachusetts
$1.28M -$1.46M -50,000 -50%

ACVA Hedge Fund Activity: Q2 2021 in Review

95 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in ACV Auctions (ACVA) for Q2 2021, worth a combined $995M — up 35% from $736M a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new ACVA positions and 24 closed out — a net gain of 21 holders — while 34 added to existing stakes and 10 trimmed.

The largest buyer was ArrowMark Colorado Holdings, adding an estimated $101M. The largest seller was Melvin Capital Management, exiting entirely with an estimated $24.2M sold.

  • 95 institutional investors held ACV Auctions (ACVA) as of Q2 2021, up from 74 in Q1 2021.
  • Funds reported $995M of ACV Auctions stock for Q2 2021, up 35% quarter-over-quarter.
  • 45 funds opened new ACV Auctions positions in Q2 2021 and 24 closed out, a net change of +21 holders.
  • The largest ACV Auctions buyer in Q2 2021 was ArrowMark Colorado Holdings, an estimated $101M added.
  • The largest ACV Auctions seller in Q2 2021 was Melvin Capital Management, an estimated $24.2M sold.

Based on aggregated 13F filings for Q2 2021.