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ACV Auctions

174 hedge funds and large institutions have $1.95B invested in ACV Auctions in 2023 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 73 increasing their positions, 51 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

313% more call options, than puts

Call options by funds: $6.76M | Put options by funds: $1.64M

43% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 51

22% more funds holding in top 10

Funds holding in top 10: 911 (+2)

7% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 27

2% less funds holding

Funds holding: 177174 (-3)

2.17% less ownership

Funds ownership: 97.51%95.34% (-2.2%)

10% less capital invested

Capital invested by funds: $2.18B → $1.95B (-$227M)

Holders
174
Holders Change
-3
Holders Change %
-1.69%
% of All Funds
2.76%
Holding in Top 10
11
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+22.22%
% of All Funds
0.17%
New
25
Increased
73
Reduced
51
Closed
27
Calls
$6.76M
Puts
$1.64M
Net Calls
+$5.12M
Net Calls Change
-$8.68M
Name Holding Trade Value Shares
Change
Change in
Stake
TCP
26
ThornTree Capital Partners
Massachusetts
$16.9M +$4.61M +283,913 +34%
TCM
27
TimesSquare Capital Management
New York
$16.4M -$3.31M -203,640 -16%
Charles Schwab
28
Charles Schwab
California
$15.6M +$11M +678,209 +195%
RA
29
Royce & Associates
New York
$14.4M +$642K +39,541 +4%
DCM
30
Driehaus Capital Management
Illinois
$13.9M +$1.32M +81,030 +10%
BAMCO Inc
31
BAMCO Inc
New York
$12.5M -$11.3M -696,417 -46%
Point72 Asset Management
32
Point72 Asset Management
Connecticut
$10.9M +$2.03M +125,075 +21%
DAM
33
Deepwater Asset Management
Minnesota
$10.8M +$1.45M +89,022 +14%
RCM
34
Rivermont Capital Management
New York
$9.29M +$751K +46,238 +8%
Swedbank
35
Swedbank
Sweden
$9.11M +$9.74M +600,000 New
Bank of America
36
Bank of America
North Carolina
$8.71M +$1.55M +95,375 +20%
Morgan Stanley
37
Morgan Stanley
New York
$8.62M -$3.96M -243,864 -30%
BGIM
38
Brandywine Global Investment Management
Pennsylvania
$7.53M -$139K -8,570 -2%
Bank of New York Mellon
39
Bank of New York Mellon
New York
$7.27M -$259K -15,956 -3%
SM
40
Selkirk Management
New Jersey
$6.94M
FG
41
Formula Growth
Quebec, Canada
$6.01M -$61.6K -3,795 -1%
BGC
42
Blue Grotto Capital
Georgia
$5.77M -$5.47M -336,848 -47%
SSA
43
Schonfeld Strategic Advisors
New York
$5.74M -$4.31M -265,490 -41%
CAM
44
Congress Asset Management
Massachusetts
$5.61M +$6M +369,441 New
Federated Hermes
45
Federated Hermes
Pennsylvania
$5.47M +$412K +25,367 +8%
SEI Investments
46
SEI Investments
Pennsylvania
$5.4M -$6.29M -387,234 -52%
Tudor Investment Corp
47
Tudor Investment Corp
Connecticut
$5.18M -$1.07M -65,674 -16%
CM
48
Castleark Management
Illinois
$5.17M -$59.9K -3,690 -1%
Norges Bank
49
Norges Bank
Norway
$4.53M +$4.85M +298,700 New
Invesco
50
Invesco
Georgia
$4.52M +$447K +27,494 +10%

ACVA Hedge Fund Activity: Q3 2023 in Review

174 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in ACV Auctions (ACVA) for Q3 2023, worth a combined $1.95B — down 10% from $2.18B a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of ACVA and 25 opened new positions — a net loss of 2 holders — while 51 trimmed existing stakes and 73 added.

The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $34.9M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $46.2M.

  • 174 institutional investors held ACV Auctions (ACVA) as of Q3 2023, down from 177 in Q2 2023.
  • Funds reported $1.95B of ACV Auctions stock for Q3 2023, down 10% quarter-over-quarter.
  • 25 funds opened new ACV Auctions positions in Q3 2023 and 27 closed out, a net change of -2 holders.
  • The largest ACV Auctions buyer in Q3 2023 was Loomis, Sayles & Company, an estimated $34.9M added.
  • The largest ACV Auctions seller in Q3 2023 was ArrowMark Colorado Holdings, an estimated $46.2M sold.

Based on aggregated 13F filings for Q3 2023.