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ACV Auctions

256 hedge funds and large institutions have $1.72B invested in ACV Auctions in 2025 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 96 increasing their positions, 86 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,061% more call options, than puts

Call options by funds: $12.6M | Put options by funds: $399K

12% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 86

3% less funds holding

Funds holding: 264256 (-8)

4.11% less ownership

Funds ownership: 104.69%100.58% (-4.1%)

11% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 53

41% less capital invested

Capital invested by funds: $2.9B → $1.72B (-$1.19B)

44% less funds holding in top 10

Funds holding in top 10: 95 (-4)

Holders
256
Holders Change
-8
Holders Change %
-3.03%
% of All Funds
3.36%
Holding in Top 10
5
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-44.44%
% of All Funds
0.07%
New
47
Increased
96
Reduced
86
Closed
53
Calls
$12.6M
Puts
$399K
Net Calls
+$12.2M
Net Calls Change
+$902K
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
101
First Trust Advisors
Illinois
$1.2M +$1.55M +120,978 New
Ohio Public Employees Retirement System (OPERS)
102
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.19M
CSS
103
Cubist Systematic Strategies
Connecticut
$1.12M -$4.53M -353,512 -76%
PCM
104
Penn Capital Management
Pennsylvania
$1.12M +$1.45M +112,938 New
FGP
105
Freestone Grove Partners
California
$1.08M +$1.39M +108,874 New
Wells Fargo
106
Wells Fargo
California
$1.03M +$82.3K +6,426 +7%
MIM
107
MetLife Investment Management
New Jersey
$997K -$7.97M -622,323 -86%
TNA
108
True North Advisors
Texas
$914K +$294K +22,969 +33%
Comerica Bank
109
Comerica Bank
Texas
$878K -$74.7K -5,833 -6%
Manulife (Manufacturers Life Insurance)
110
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$861K -$46.6K -3,640 -4%
MMEA
111
Main Management ETF Advisors
California
$806K +$545K +42,526 +109%
Two Sigma Advisers
112
Two Sigma Advisers
New York
$806K +$1.04M +81,300 New
WFA
113
Wellspring Financial Advisors
Ohio
$795K
BJL
114
Brighton Jones LLC
Washington
$794K +$505K +39,400 +97%
IIM
115
INTECH Investment Management
Florida
$790K -$188K -14,673 -16%
Susquehanna International Group
116
Susquehanna International Group
Pennsylvania
$785K -$1.6M -124,621 -61%
Universal-Beteiligungs- und Servicegesellschaft
117
Universal-Beteiligungs- und Servicegesellschaft
Germany
$735K -$1.92M -149,773 -67%
Janus Henderson Group
118
Janus Henderson Group
United Kingdom
$730K +$131K +10,227 +16%
Handelsbanken Fonder
119
Handelsbanken Fonder
Sweden
$712K +$319K +24,900 +53%
BMSSC
120
B. Metzler seel. Sohn & Co
Germany
$705K +$158K +12,375 +21%
G
121
Greycroft
New York
$694K -$256K -20,000 -22%
MIM
122
Morningstar Investment Management
Illinois
$672K +$868K +67,803 New
JGUA
123
John G. Ullman & Associates
New York
$657K
BHCM
124
Brevan Howard Capital Management
Jersey
$649K -$726K -56,705 -46%
DTL
125
Dynamic Technology Lab
Singapore
$617K +$17.9K +1,401 +2%

ACVA Hedge Fund Activity: Q3 2025 in Review

256 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in ACV Auctions (ACVA) for Q3 2025, worth a combined $1.72B — down 41% from $2.9B a quarter earlier.

Sellers outnumbered buyers: 53 funds closed out of ACVA and 47 opened new positions — a net loss of 6 holders — while 86 trimmed existing stakes and 96 added.

The largest buyer was Deutsche Bank, adding an estimated $25.5M. The largest seller was Cadian Capital Management, exiting entirely with an estimated $55.2M sold.

  • 256 institutional investors held ACV Auctions (ACVA) as of Q3 2025, down from 264 in Q2 2025.
  • Funds reported $1.72B of ACV Auctions stock for Q3 2025, down 41% quarter-over-quarter.
  • 47 funds opened new ACV Auctions positions in Q3 2025 and 53 closed out, a net change of -6 holders.
  • The largest ACV Auctions buyer in Q3 2025 was Deutsche Bank, an estimated $25.5M added.
  • The largest ACV Auctions seller in Q3 2025 was Cadian Capital Management, an estimated $55.2M sold.

Based on aggregated 13F filings for Q3 2025.