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ACV Auctions

192 hedge funds and large institutions have $2.72B invested in ACV Auctions in 2024 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 68 increasing their positions, 69 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

971% more call options, than puts

Call options by funds: $10.7M | Put options by funds: $1M

33% more capital invested

Capital invested by funds: $2.04B → $2.72B (+$679M)

33% more funds holding in top 10

Funds holding in top 10: 912 (+3)

3.9% more ownership

Funds ownership: 98.74%102.64% (+3.9%)

1% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 69

4% less funds holding

Funds holding: 201192 (-9)

27% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 30

Holders
192
Holders Change
-9
Holders Change %
-4.48%
% of All Funds
2.77%
Holding in Top 10
12
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+33.33%
% of All Funds
0.17%
New
22
Increased
68
Reduced
69
Closed
30
Calls
$10.7M
Puts
$1M
Net Calls
+$9.71M
Net Calls Change
+$4.19M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$313M +$65.6M +4,189,554 +33%
ACH
2
ArrowMark Colorado Holdings
Colorado
$238M +$16.3M +1,043,159 +9%
Vanguard Group
3
Vanguard Group
Pennsylvania
$232M +$288K +18,388 +0.1%
AM
4
Atreides Management
Massachusetts
$207M +$436K +27,852 +0.3%
BlackRock
5
BlackRock
New York
$178M -$3.93M -250,873 -3%
AllianceBernstein
6
AllianceBernstein
Tennessee
$105M -$3.49M -223,026 -4%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$98.7M +$55.6M +3,548,985 +208%
William Blair Investment Management
8
William Blair Investment Management
Illinois
$90.4M -$1.14M -72,995 -1%
Jennison Associates
9
Jennison Associates
New York
$74.2M +$6.16M +393,423 +11%
RP
10
Riverbridge Partners
Minnesota
$69.7M -$546K -34,868 -0.9%
CCM
11
Candlestick Capital Management
Connecticut
$66.6M +$783K +50,000 +1%
JP Morgan Chase
12
JP Morgan Chase
New York
$57.5M -$2.94M -187,508 -6%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$55.6M +$1.56M +99,686 +3%
State Street
14
State Street
Massachusetts
$52.4M +$75.6K +4,829 +0.2%
SPPAM
15
Summit Partners Public Asset Management
Massachusetts
$49M +$2.98M +190,526 +8%
Loomis, Sayles & Company
16
Loomis, Sayles & Company
Massachusetts
$48.3M +$1.99M +126,818 +5%
Harris Associates
17
Harris Associates
Illinois
$42.5M +$708K +45,225 +2%
N
18
Nuveen
North Carolina
$40.7M +$8.13M +519,358 +31%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$36.4M +$1.47M +93,664 +5%
Morgan Stanley
20
Morgan Stanley
New York
$34.3M -$11.2M -716,280 -28%
TCM
21
TimesSquare Capital Management
New York
$33.1M +$8.66M +552,719 +46%
CRM
22
Cramer Rosenthal McGlynn
Connecticut
$28.7M -$2.4M -153,106 -9%
Northern Trust
23
Northern Trust
Illinois
$27.9M -$508K -32,437 -2%
ECM
24
Engle Capital Management
Connecticut
$26.3M -$1.57M -100,000 -7%
AI
25
Aperture Investors
New York
$23.9M +$4.6M +294,019 +30%

ACVA Hedge Fund Activity: Q1 2024 in Review

192 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in ACV Auctions (ACVA) for Q1 2024, worth a combined $2.72B — up 33% from $2.04B a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of ACVA and 22 opened new positions — a net loss of 8 holders — while 69 trimmed existing stakes and 68 added.

The largest buyer was Fidelity Investments, adding an estimated $65.6M. The largest seller was Morgan Stanley, cutting an estimated $11.2M.

  • 192 institutional investors held ACV Auctions (ACVA) as of Q1 2024, down from 201 in Q4 2023.
  • Funds reported $2.72B of ACV Auctions stock for Q1 2024, up 33% quarter-over-quarter.
  • 22 funds opened new ACV Auctions positions in Q1 2024 and 30 closed out, a net change of -8 holders.
  • The largest ACV Auctions buyer in Q1 2024 was Fidelity Investments, an estimated $65.6M added.
  • The largest ACV Auctions seller in Q1 2024 was Morgan Stanley, an estimated $11.2M sold.

Based on aggregated 13F filings for Q1 2024.