We are live on ! Find out more
CACC icon

Credit Acceptance

207 hedge funds and large institutions have $4.19B invested in Credit Acceptance in 2020 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 66 increasing their positions, 68 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 31

15% more funds holding in top 10

Funds holding in top 10: 1315 (+2)

2% more funds holding

Funds holding: 202207 (+5)

2% less capital invested

Capital invested by funds: $4.28B → $4.19B (-$93M)

3% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 68

3.24% less ownership

Funds ownership: 71.89%68.64% (-3.2%)

42% less call options, than puts

Call options by funds: $73.6M | Put options by funds: $127M

Holders
207
Holders Change
+5
Holders Change %
+2.48%
% of All Funds
3.66%
Holding in Top 10
15
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+15.38%
% of All Funds
0.27%
New
38
Increased
66
Reduced
68
Closed
31
Calls
$73.6M
Puts
$127M
Net Calls
-$53M
Net Calls Change
+$44.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
26
Renaissance Technologies
New York
$28.2M -$65.3K -200 -0.2%
Northern Trust
27
Northern Trust
Illinois
$27.1M -$14.4M -44,128 -36%
Charles Schwab
28
Charles Schwab
California
$25.8M +$651K +1,992 +3%
Bank of America
29
Bank of America
North Carolina
$23.7M -$3.22M -9,846 -13%
Citadel Advisors
30
Citadel Advisors
Florida
$20.8M +$4.46M +13,668 +29%
Citigroup
31
Citigroup
New York
$19.2M +$5.37M +16,451 +42%
Morgan Stanley
32
Morgan Stanley
New York
$19M +$14.6M +44,589 +432%
Bank of New York Mellon
33
Bank of New York Mellon
New York
$17.2M +$1.54M +4,707 +10%
ISL
34
Ingalls & Snyder LLC
New York
$16.2M -$32.7K -100 -0.2%
GEM
35
Global Endowment Management
North Carolina
$14.2M +$1.46M +4,459 +12%
AQR Capital Management
36
AQR Capital Management
Connecticut
$12.5M -$918K -2,810 -7%
Wells Fargo
37
Wells Fargo
California
$12.2M -$532K -1,630 -4%
N
38
Nuveen
North Carolina
$12M +$184K +563 +2%
Invesco
39
Invesco
Georgia
$11M +$1.47M +4,502 +16%
DZ Bank
40
DZ Bank
Germany
$9.33M +$404K +1,236 +5%
HCA
41
Hyperion Capital Advisors
New York
$9.17M +$3.83M +11,725 +79%
Barclays
42
Barclays
United Kingdom
$8.92M +$5.09M +15,590 +153%
PC
43
Phoenician Capital
New York
$8.79M
Millennium Management
44
Millennium Management
New York
$8.26M -$3.81M -11,668 -33%
California Public Employees Retirement System
45
California Public Employees Retirement System
California
$8M +$219K +671 +3%
Swiss National Bank
46
Swiss National Bank
Switzerland
$7.61M
SFI
47
Susquehanna Fundamental Investments
Pennsylvania
$7.37M +$6.96M +21,302 New
Arrowstreet Capital
48
Arrowstreet Capital
Massachusetts
$6.73M +$2.33M +7,139 +58%
BCP
49
Berylson Capital Partners
Massachusetts
$6.68M +$6.3M +19,300 New
WC
50
Winmill & Co
New York
$6.23M -$359K -1,100 -6%

CACC Hedge Fund Activity: Q4 2020 in Review

207 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q4 2020, worth a combined $4.19B — down 2.2% from $4.28B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new CACC positions and 31 closed out — a net gain of 7 holders — while 66 added to existing stakes and 68 trimmed.

The largest buyer was Brave Warrior Advisors, adding an estimated $102M. The largest seller was Vulcan Value Partners, exiting entirely with an estimated $538M sold.

  • 207 institutional investors held Credit Acceptance (CACC) as of Q4 2020, up from 202 in Q3 2020.
  • Funds reported $4.19B of Credit Acceptance stock for Q4 2020, down 2.2% quarter-over-quarter.
  • 38 funds opened new Credit Acceptance positions in Q4 2020 and 31 closed out, a net change of +7 holders.
  • The largest Credit Acceptance buyer in Q4 2020 was Brave Warrior Advisors, an estimated $102M added.
  • The largest Credit Acceptance seller in Q4 2020 was Vulcan Value Partners, an estimated $538M sold.

Based on aggregated 13F filings for Q4 2020.