ACV Auctions
ACVA
145 hedge funds and large institutions have $794M invested in ACV Auctions in 2022 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 40 reducing their positions, and 28 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 40
17% more capital invested
Capital invested by funds: $681M → $794M (+$113M)
3.6% more ownership
Funds ownership: 92.28% → 95.88% (+3.6%)
4% less funds holding
Funds holding: 151 → 145 (-6)
21% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 28
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
92% less call options, than puts
Call options by funds: $16K | Put options by funds: $190K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$19.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.8M |
| 3 |
AM
Atreides Management
Boston,
Massachusetts
|
+$17.5M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$16.4M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCVI
Bain Capital Venture Investors
Boston,
Massachusetts
|
-$10.2M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$8.66M |
| 3 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$7.66M |
| 4 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$4.44M |
| 5 |
JGC
J. Goldman & Co
New York
|
-$3.37M |
ACVA Hedge Fund Activity: Q3 2022 in Review
145 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in ACV Auctions (ACVA) for Q3 2022, worth a combined $794M — up 17% from $681M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of ACVA and 22 opened new positions — a net loss of 6 holders — while 40 trimmed existing stakes and 54 added.
The largest buyer was Weiss Multi-Strategy Advisers, opening a new position worth an estimated $19.4M. The largest seller was Bain Capital Venture Investors, exiting entirely with an estimated $10.2M sold.
- 145 institutional investors held ACV Auctions (ACVA) as of Q3 2022, down from 151 in Q2 2022.
- Funds reported $794M of ACV Auctions stock for Q3 2022, up 17% quarter-over-quarter.
- 22 funds opened new ACV Auctions positions in Q3 2022 and 28 closed out, a net change of -6 holders.
- The largest ACV Auctions buyer in Q3 2022 was Weiss Multi-Strategy Advisers, an estimated $19.4M added.
- The largest ACV Auctions seller in Q3 2022 was Bain Capital Venture Investors, an estimated $10.2M sold.
Based on aggregated 13F filings for Q3 2022.