Credit Acceptance (CACC)

• Market cap: $5.44B
• 1 day: -0.32%
• 5 days: 4.82%
• 1 month: -5.60%
• 3 months: -5.18%
• 6 months: 5.52%
• Year to date: 4.78%
• 1 year: -5.12%
• 5 years: 56.44%
• 10 years: 106.36%
• Sector: Financials
• Industry: Credit Services

About: Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far a source of revenue.

Employees: 2,431

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

62% more call options, than puts

Call options by funds: $18.5M | Put options by funds: $11.5M

50% more funds holding in top 10

Funds holding in top 10: 10 [Q3] → 15 (+5) [Q4]

47% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 30

23% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 65

5% more funds holding

Funds holding: 230 [Q3] → 242 (+12) [Q4]

5% more capital invested

Capital invested by funds: $3.53B [Q3] → $3.69B (+$162M) [Q4]

0.76% less ownership

Funds ownership: 65.71% [Q3] → 64.96% (-0.76%) [Q4]