Credit Acceptance
CACC
232 hedge funds and large institutions have $3.53B invested in Credit Acceptance in 2024 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 77 increasing their positions, 73 reducing their positions, and 28 closing their positions.
23% more call options, than puts
Call options by funds: $26.4M | Put options by funds: $21.5M
5% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 73
4% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 28
0% more funds holding
Funds holding: 231 → 232 (+1)
0.06% less ownership
Funds ownership: 65.88% → 65.82% (-0.06%)
14% less capital invested
Capital invested by funds: $4.11B → $3.53B (-$572M)
33% less funds holding in top 10
Funds holding in top 10: 15 → 10 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Alfreton Capital
Radlett, Hertfordshire,
United Kingdom
|
+$35.3M |
| 2 |
ABI
Abrams Bison Investments
Bethesda,
Maryland
|
+$26.2M |
| 3 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
+$14.1M |
| 4 |
BMO
Beck Mack & Oliver
New York
|
+$11.5M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$9.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$38.7M |
| 2 |
CSNH
Crow's Nest Holdings
Richmond,
Virginia
|
-$34.7M |
| 3 |
QCMNJ
Quantum Capital Management (New Jersey)
Northfield,
New Jersey
|
-$28.9M |
| 4 |
AWG
Alpha Wave Global
New York
|
-$14.8M |
| 5 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$13.4M |
CACC Hedge Fund Activity: Q3 2024 in Review
232 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q3 2024, worth a combined $3.53B — down 14% from $4.11B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CACC positions and 28 closed out — a net gain of 1 holder — while 77 added to existing stakes and 73 trimmed.
The largest buyer was Alfreton Capital, adding an estimated $35.3M. The largest seller was Wellington Management Group, cutting an estimated $38.7M.
- 232 institutional investors held Credit Acceptance (CACC) as of Q3 2024, up from 231 in Q2 2024.
- Funds reported $3.53B of Credit Acceptance stock for Q3 2024, down 14% quarter-over-quarter.
- 29 funds opened new Credit Acceptance positions in Q3 2024 and 28 closed out, a net change of +1 holder.
- The largest Credit Acceptance buyer in Q3 2024 was Alfreton Capital, an estimated $35.3M added.
- The largest Credit Acceptance seller in Q3 2024 was Wellington Management Group, an estimated $38.7M sold.
Based on aggregated 13F filings for Q3 2024.