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ACV Auctions

177 hedge funds and large institutions have $2.18B invested in ACV Auctions in 2023 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 68 increasing their positions, 44 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

163% more call options, than puts

Call options by funds: $22.2M | Put options by funds: $8.45M

86% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 21

55% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 44

37% more capital invested

Capital invested by funds: $1.6B → $2.18B (+$586M)

11% more funds holding

Funds holding: 159177 (+18)

0% more funds holding in top 10

Funds holding in top 10: 99 (0)

0.43% less ownership

Funds ownership: 97.94%97.51% (-0.43%)

Holders
177
Holders Change
+18
Holders Change %
+11.32%
% of All Funds
2.78%
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
39
Increased
68
Reduced
44
Closed
21
Calls
$22.2M
Puts
$8.45M
Net Calls
+$13.8M
Net Calls Change
+$5.66M
Name Holding Trade Value Shares
Change
Change in
Stake
ACH
1
ArrowMark Colorado Holdings
Colorado
$231M -$45.9M -3,001,482 -18%
Vanguard Group
2
Vanguard Group
Pennsylvania
$204M +$5.8M +379,136 +3%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$186M -$17.3M -1,132,145 -10%
AM
4
Atreides Management
Massachusetts
$177M -$393K -25,686 -0.3%
BlackRock
5
BlackRock
New York
$152M +$11.8M +770,630 +10%
AllianceBernstein
6
AllianceBernstein
Tennessee
$88.4M +$76.5M +5,006,300 +4,361%
William Blair Investment Management
7
William Blair Investment Management
Illinois
$69.4M +$1.7M +111,237 +3%
JP Morgan Chase
8
JP Morgan Chase
New York
$68M -$5.72M -374,266 -9%
CCM
9
Candlestick Capital Management
Connecticut
$65.6M -$13.8M -900,000 -19%
State Street
10
State Street
Massachusetts
$44.3M +$3.03M +198,160 +8%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$43.6M +$3.75M +245,209 +11%
RP
12
Riverbridge Partners
Minnesota
$42.3M +$37.4M +2,447,526 New
Winslow Capital Management
13
Winslow Capital Management
Minnesota
$40.9M
IAM
14
Iridian Asset Management
Connecticut
$39.7M -$14.7M -962,892 -30%
Harris Associates
15
Harris Associates
Illinois
$38.7M -$737K -48,229 -2%
ECM
16
Engle Capital Management
Connecticut
$34.7M -$9.29M -608,000 -23%
New York State Common Retirement Fund
17
New York State Common Retirement Fund
New York
$31.6M -$16.3M -1,062,980 -37%
SPPAM
18
Summit Partners Public Asset Management
Massachusetts
$30.8M +$6.26M +409,480 +30%
Jennison Associates
19
Jennison Associates
New York
$28.9M +$183K +11,967 +0.7%
Massachusetts Financial Services
20
Massachusetts Financial Services
Massachusetts
$27.1M -$9.12M -596,693 -28%
BAMCO Inc
21
BAMCO Inc
New York
$26.2M +$944K +61,719 +4%
Northern Trust
22
Northern Trust
Illinois
$23.5M +$4.47M +292,386 +27%
TCM
23
TimesSquare Capital Management
New York
$22.2M -$652K -42,657 -3%
OCPWS
24
One Charles Private Wealth Services
Massachusetts
$21.6M -$3.32M -216,873 -15%
N
25
Nuveen
North Carolina
$19.7M +$1.06M +69,159 +6%

ACVA Hedge Fund Activity: Q2 2023 in Review

177 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in ACV Auctions (ACVA) for Q2 2023, worth a combined $2.18B — up 37% from $1.6B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new ACVA positions and 21 closed out — a net gain of 18 holders — while 68 added to existing stakes and 44 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $76.5M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $45.9M.

  • 177 institutional investors held ACV Auctions (ACVA) as of Q2 2023, up from 159 in Q1 2023.
  • Funds reported $2.18B of ACV Auctions stock for Q2 2023, up 37% quarter-over-quarter.
  • 39 funds opened new ACV Auctions positions in Q2 2023 and 21 closed out, a net change of +18 holders.
  • The largest ACV Auctions buyer in Q2 2023 was AllianceBernstein, an estimated $76.5M added.
  • The largest ACV Auctions seller in Q2 2023 was ArrowMark Colorado Holdings, an estimated $45.9M sold.

Based on aggregated 13F filings for Q2 2023.