Credit Acceptance
CACC
246 hedge funds and large institutions have $3.7B invested in Credit Acceptance in 2024 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 80 increasing their positions, 67 reducing their positions, and 30 closing their positions.
62% more call options, than puts
Call options by funds: $18.5M | Put options by funds: $11.5M
53% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 30
50% more funds holding in top 10
Funds holding in top 10: 10 → 15 (+5)
19% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 67
6% more funds holding
Funds holding: 232 → 246 (+14)
5% more capital invested
Capital invested by funds: $3.53B → $3.7B (+$164M)
0.74% less ownership
Funds ownership: 65.82% → 65.08% (-0.74%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$47.6M |
| 2 |
CSNH
Crow's Nest Holdings
Richmond,
Virginia
|
+$34.8M |
| 3 |
GIG
Goodnow Investment Group
Darien,
Connecticut
|
+$22.4M |
| 4 |
Millennium Management
New York
|
+$17.6M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$112M |
| 2 |
CCM
Cantillon Capital Management
New York
|
-$101M |
| 3 |
ABI
Abrams Bison Investments
Bethesda,
Maryland
|
-$24.7M |
| 4 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$13.3M |
| 5 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$12.2M |
CACC Hedge Fund Activity: Q4 2024 in Review
246 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q4 2024, worth a combined $3.7B — up 4.6% from $3.53B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new CACC positions and 30 closed out — a net gain of 16 holders — while 80 added to existing stakes and 67 trimmed.
The largest buyer was London Company of Virginia, opening a new position worth an estimated $47.6M. The largest seller was Wellington Management Group, cutting an estimated $112M.
- 246 institutional investors held Credit Acceptance (CACC) as of Q4 2024, up from 232 in Q3 2024.
- Funds reported $3.7B of Credit Acceptance stock for Q4 2024, up 4.6% quarter-over-quarter.
- 46 funds opened new Credit Acceptance positions in Q4 2024 and 30 closed out, a net change of +16 holders.
- The largest Credit Acceptance buyer in Q4 2024 was London Company of Virginia, an estimated $47.6M added.
- The largest Credit Acceptance seller in Q4 2024 was Wellington Management Group, an estimated $112M sold.
Based on aggregated 13F filings for Q4 2024.