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Credit Acceptance

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.

New
Increased
Maintained
Reduced
Closed

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: 207197 (-10)

7% less funds holding in top 10

Funds holding in top 10: 1514 (-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

Holders
197
Holders Change
-10
Holders Change %
-4.83%
% of All Funds
3.46%
Holding in Top 10
14
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-6.67%
% of All Funds
0.25%
New
29
Increased
57
Reduced
80
Closed
38
Calls
$118M
Puts
$146M
Net Calls
-$27.9M
Net Calls Change
+$25.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
26
Charles Schwab
California
$26.2M -$608K -1,676 -2%
MC
27
Maverick Capital
Texas
$20.8M +$19.9M +54,934 +1,972%
Invesco
28
Invesco
Georgia
$18.7M +$7.26M +20,027 +63%
Citadel Advisors
29
Citadel Advisors
Florida
$18.2M -$3.52M -9,718 -16%
CIBC Private Wealth Group
30
CIBC Private Wealth Group
Georgia
$17.8M +$18M +49,545 New
Bank of New York Mellon
31
Bank of New York Mellon
New York
$17.6M -$295K -814 -2%
ISL
32
Ingalls & Snyder LLC
New York
$16.8M -$10.9K -30 -0.1%
EIP
33
Epoch Investment Partners
New York
$16.6M +$10.5M +29,084 +172%
BCM
34
Billings Capital Management
Virginia
$14.6M +$14.7M +40,585 New
HCA
35
Hyperion Capital Advisors
New York
$13.9M +$4.35M +12,003 +45%
GEM
36
Global Endowment Management
North Carolina
$12.6M -$2.2M -6,074 -15%
Wells Fargo
37
Wells Fargo
California
$12.1M -$596K -1,644 -5%
N
38
Nuveen
North Carolina
$11.6M -$973K -2,685 -8%
DZ Bank
39
DZ Bank
Germany
$9.46M -$392K -1,081 -4%
First Trust Advisors
40
First Trust Advisors
Illinois
$9.27M +$6.46M +17,807 +225%
WC
41
Winmill & Co
New York
$9.17M +$2.7M +7,450 +41%
AIMCA
42
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$8.97M +$9.03M +24,900 New
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$8.04M -$290K -801 -3%
Swiss National Bank
44
Swiss National Bank
Switzerland
$7.99M +$72.5K +200 +0.9%
AQR Capital Management
45
AQR Capital Management
Connecticut
$6.93M -$6.38M -17,608 -48%
Holocene Advisors
46
Holocene Advisors
New York
$6.85M +$3.03M +8,354 +78%
AA
47
Ancient Art
Texas
$6.41M +$3.63M +10,000 +128%
TRSOTSOK
48
Teachers Retirement System of the State of Kentucky
Kentucky
$6.01M +$395K +1,089 +7%
California State Teachers Retirement System (CalSTRS)
49
California State Teachers Retirement System (CalSTRS)
California
$5.87M -$313K -862 -5%
UBS AM
50
UBS AM
Illinois
$5.57M -$563K -1,554 -9%

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.