Credit Acceptance
CACC
197 hedge funds and large institutions have $4.08B invested in Credit Acceptance in 2021 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 57 increasing their positions, 80 reducing their positions, and 38 closing their positions.
3% less capital invested
Capital invested by funds: $4.19B → $4.08B (-$109M)
1.25% less ownership
Funds ownership: 68.64% → 67.4% (-1.2%)
5% less funds holding
Funds holding: 207 → 197 (-10)
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
19% less call options, than puts
Call options by funds: $118M | Put options by funds: $146M
24% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 38
29% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$19.9M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$18M |
| 3 |
GIG
Goodnow Investment Group
Darien,
Connecticut
|
+$10.7M |
| 4 |
BlackRock
New York
|
+$10.6M |
| 5 |
EIP
Epoch Investment Partners
New York
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWA
Brave Warrior Advisors
New York
|
-$164M |
| 2 |
B
BloombergSen
Toronto,
Ontario, Canada
|
-$57.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$31.6M |
| 4 |
Renaissance Technologies
New York
|
-$25.9M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$23.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LSA
226
Leonteq Securities AG
Zurich,
Switzerland
| – | -$5.88K | -17 | Closed |
|
|
SPIA
227
Steward Partners Investment Advisory
New York
| – | -$4K | -12 | Closed |
|
|
HPC
228
HM Payson & Co
Portland,
Maine
| – | -$3K | -10 | Closed |
|
|
MPWT
229
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$3K | -8 | Closed |
|
230
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -6 | Closed |
|
|
DA
231
Denali Advisors
San Diego,
California
| – | -$2K | -5 | Closed |
|
|
VCG
232
Vantage Consulting Group
Virginia Beach,
Virginia
| – | -$1K | -4 | Closed |
|
CACC Hedge Fund Activity: Q1 2021 in Review
197 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q1 2021, worth a combined $4.08B — down 2.6% from $4.19B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CACC and 29 opened new positions — a net loss of 9 holders — while 80 trimmed existing stakes and 57 added.
The largest buyer was Maverick Capital, adding an estimated $19.9M. The largest seller was Brave Warrior Advisors, cutting an estimated $164M.
- 197 institutional investors held Credit Acceptance (CACC) as of Q1 2021, down from 207 in Q4 2020.
- Funds reported $4.08B of Credit Acceptance stock for Q1 2021, down 2.6% quarter-over-quarter.
- 29 funds opened new Credit Acceptance positions in Q1 2021 and 38 closed out, a net change of -9 holders.
- The largest Credit Acceptance buyer in Q1 2021 was Maverick Capital, an estimated $19.9M added.
- The largest Credit Acceptance seller in Q1 2021 was Brave Warrior Advisors, an estimated $164M sold.
Based on aggregated 13F filings for Q1 2021.