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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
ACH
1
ArrowMark Colorado Holdings
Colorado
$71.2M +$101M +3,454,811 +397%
DCP
2
Durable Capital Partners
Maryland
$61.9M
JP Morgan Chase
3
JP Morgan Chase
New York
$59.7M +$7.08M +242,804 +12%
Massachusetts Financial Services
4
Massachusetts Financial Services
Massachusetts
$57.6M +$29.6M +1,014,671 +82%
New York State Common Retirement Fund
5
New York State Common Retirement Fund
New York
$53.3M +$60.6M +2,080,308 New
Capital Research Global Investors
6
Capital Research Global Investors
California
$53.2M +$60.5M +2,076,470 New
AllianceBernstein
7
AllianceBernstein
Tennessee
$48M +$51.6M +1,769,521 +1,683%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$44.6M +$40.6M +1,392,888 +399%
Wells Fargo
9
Wells Fargo
California
$43.4M +$41.6M +1,428,949 +541%
BAMCO Inc
10
BAMCO Inc
New York
$40M +$4.85M +166,261 +12%
Vanguard Group
11
Vanguard Group
Pennsylvania
$39.6M +$11.2M +383,862 +33%
Bank of America
12
Bank of America
North Carolina
$37.3M +$42.2M +1,449,357 +28,559%
SPPAM
13
Summit Partners Public Asset Management
Massachusetts
$35.8M +$39.1M +1,342,344 +2,480%
TCM
14
TimesSquare Capital Management
New York
$27.2M +$11.1M +380,115 +56%
Capital World Investors
15
Capital World Investors
California
$26M +$23.6M +808,900 +396%
Wellington Management Group
16
Wellington Management Group
Massachusetts
$25.6M +$15.7M +540,183 +118%
DIG
17
Dragoneer Investment Group
California
$19.2M
VOYA Investment Management
18
VOYA Investment Management
Georgia
$16.4M +$18.6M +638,988 New
Citadel Advisors
19
Citadel Advisors
Florida
$14.1M +$16M +550,608 New
BlackRock
20
BlackRock
New York
$14.1M -$16.1M -550,908 -50%
Millennium Management
21
Millennium Management
New York
$13.2M +$8.95M +306,992 +148%
Adage Capital Partners
22
Adage Capital Partners
Massachusetts
$12.8M +$2.91M +100,000 +25%
Jennison Associates
23
Jennison Associates
New York
$12.1M +$1M +34,403 +8%
N
24
Nuveen
North Carolina
$12M -$12.6M -433,728 -48%
DKCM
25
Davidson Kempner Capital Management
New York
$11.5M +$9.8M +336,271 +303%

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.