Credit Acceptance
CACC
231 hedge funds and large institutions have $4.11B invested in Credit Acceptance in 2024 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 71 increasing their positions, 77 reducing their positions, and 51 closing their positions.
21% more call options, than puts
Call options by funds: $30.8M | Put options by funds: $25.4M
7% more funds holding in top 10
Funds holding in top 10: 14 → 15 (+1)
0.97% more ownership
Funds ownership: 64.91% → 65.88% (+0.97%)
8% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 77
7% less capital invested
Capital invested by funds: $4.4B → $4.11B (-$296M)
12% less funds holding
Funds holding: 262 → 231 (-31)
51% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
MIG Capital
Newport Beach,
California
|
+$16M |
| 2 |
BlackRock
New York
|
+$14.9M |
| 3 |
AWG
Alpha Wave Global
New York
|
+$14.6M |
| 4 |
BMO
Beck Mack & Oliver
New York
|
+$9.31M |
| 5 |
AC
Alfreton Capital
Radlett, Hertfordshire,
United Kingdom
|
+$9.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.22M |
| 2 |
JP Morgan Chase
New York
|
-$7.99M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
-$6.83M |
| 4 |
CCM
Cantillon Capital Management
New York
|
-$6.11M |
| 5 |
Millennium Management
New York
|
-$5.52M |
CACC Hedge Fund Activity: Q2 2024 in Review
231 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q2 2024, worth a combined $4.11B — down 6.7% from $4.4B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of CACC and 25 opened new positions — a net loss of 26 holders — while 77 trimmed existing stakes and 71 added.
The largest buyer was MIG Capital, adding an estimated $16M. The largest seller was Morgan Stanley, cutting an estimated $8.22M.
- 231 institutional investors held Credit Acceptance (CACC) as of Q2 2024, down from 262 in Q1 2024.
- Funds reported $4.11B of Credit Acceptance stock for Q2 2024, down 6.7% quarter-over-quarter.
- 25 funds opened new Credit Acceptance positions in Q2 2024 and 51 closed out, a net change of -26 holders.
- The largest Credit Acceptance buyer in Q2 2024 was MIG Capital, an estimated $16M added.
- The largest Credit Acceptance seller in Q2 2024 was Morgan Stanley, an estimated $8.22M sold.
Based on aggregated 13F filings for Q2 2024.