Credit Acceptance
CACC
131 hedge funds and large institutions have $863M invested in Credit Acceptance in 2013 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 45 increasing their positions, 47 reducing their positions, and 13 closing their positions.
2% more capital invested
Capital invested by funds: $843M → $863M (+$19.3M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
4% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 47
2% less funds holding
Funds holding: 133 → 131 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
BloombergSen
Toronto,
Ontario, Canada
|
+$9.65M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$2.69M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.33M |
| 4 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$2.14M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$2.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.7M |
| 2 |
AA
Ancient Art
Austin,
Texas
|
-$11.9M |
| 3 |
AIA
Affinity Investment Advisors
Newport Beach,
California
|
-$3.4M |
| 4 |
Millennium Management
New York
|
-$3.33M |
| 5 |
Morgan Stanley
New York
|
-$2.35M |
CACC Hedge Fund Activity: Q3 2013 in Review
131 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q3 2013, worth a combined $863M — up 2.3% from $843M a quarter earlier.
Fund positioning in CACC was balanced in Q3 2013: 13 funds opened new positions, 13 closed out, 45 added to existing stakes and 47 trimmed.
The largest buyer was BloombergSen, adding an estimated $9.65M. The largest seller was Fidelity Investments, cutting an estimated $32.7M.
- 131 institutional investors held Credit Acceptance (CACC) as of Q3 2013, down from 133 in Q2 2013.
- Funds reported $863M of Credit Acceptance stock for Q3 2013, up 2.3% quarter-over-quarter.
- 13 funds opened new Credit Acceptance positions in Q3 2013 and 13 closed out, a net change of 0 holders.
- The largest Credit Acceptance buyer in Q3 2013 was BloombergSen, an estimated $9.65M added.
- The largest Credit Acceptance seller in Q3 2013 was Fidelity Investments, an estimated $32.7M sold.
Based on aggregated 13F filings for Q3 2013.