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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$194M +$16.4M +1,010,941 +9%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$179M +$16.4M +1,011,236 +9%
AM
3
Atreides Management
Massachusetts
$164M +$9.65M +594,347 +6%
ACH
4
ArrowMark Colorado Holdings
Colorado
$160M -$46.2M -2,844,254 -21%
BlackRock
5
BlackRock
New York
$137M +$3.7M +228,118 +3%
AllianceBernstein
6
AllianceBernstein
Tennessee
$92.7M +$16M +987,688 +19%
William Blair Investment Management
7
William Blair Investment Management
Illinois
$66.3M +$5.7M +350,865 +9%
JP Morgan Chase
8
JP Morgan Chase
New York
$66.2M +$6.87M +423,180 +11%
CCM
9
Candlestick Capital Management
Connecticut
$58.4M +$812K +50,000 +1%
RP
10
Riverbridge Partners
Minnesota
$58.1M +$22.4M +1,379,858 +56%
Jennison Associates
11
Jennison Associates
New York
$49.3M +$25.5M +1,572,793 +94%
SPPAM
12
Summit Partners Public Asset Management
Massachusetts
$42.8M +$16.8M +1,036,237 +58%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$41.1M +$2.95M +181,814 +7%
State Street
14
State Street
Massachusetts
$39.9M +$1.04M +64,204 +3%
Harris Associates
15
Harris Associates
Illinois
$33.9M -$138K -8,501 -0.4%
Loomis, Sayles & Company
16
Loomis, Sayles & Company
Massachusetts
$32.6M +$34.9M +2,148,269 New
ECM
17
Engle Capital Management
Connecticut
$28.7M -$2M -123,000 -6%
Massachusetts Financial Services
18
Massachusetts Financial Services
Massachusetts
$25.9M +$2.19M +134,587 +9%
N
19
Nuveen
North Carolina
$24.6M +$7.85M +483,344 +42%
IAM
20
Iridian Asset Management
Connecticut
$23.7M -$12M -737,019 -32%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$23M +$6.29M +387,133 +34%
Northern Trust
22
Northern Trust
Illinois
$22.4M +$1.94M +119,475 +9%
OCPWS
23
One Charles Private Wealth Services
Massachusetts
$18.9M -$91.5K -5,635 -0.5%
New York State Common Retirement Fund
24
New York State Common Retirement Fund
New York
$18.4M -$10M -615,945 -34%
CRM
25
Cramer Rosenthal McGlynn
Connecticut
$17.6M +$9.92M +610,692 +112%

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.