Credit Acceptance
CACC
209 hedge funds and large institutions have $5.06B invested in Credit Acceptance in 2021 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 61 increasing their positions, 70 reducing their positions, and 25 closing their positions.
48% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 25
26% more call options, than puts
Call options by funds: $154M | Put options by funds: $122M
24% more capital invested
Capital invested by funds: $4.08B → $5.06B (+$979M)
6% more funds holding
Funds holding: 197 → 209 (+12)
0% more funds holding in top 10
Funds holding in top 10: 14 → 14 (0)
0.68% less ownership
Funds ownership: 67.4% → 66.72% (-0.68%)
13% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$20.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$13M |
| 4 |
State Street
Boston,
Massachusetts
|
+$8.69M |
| 5 |
Axa
Paris,
France
|
+$8.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ABI
Abrams Bison Investments
Bethesda,
Maryland
|
-$47.7M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
-$22.2M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$21.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$20.7M |
| 5 |
BlackRock
New York
|
-$16.7M |
CACC Hedge Fund Activity: Q2 2021 in Review
209 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q2 2021, worth a combined $5.06B — up 24% from $4.08B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new CACC positions and 25 closed out — a net gain of 12 holders — while 61 added to existing stakes and 70 trimmed.
The largest buyer was Vanguard Group, adding an estimated $22.8M. The largest seller was Abrams Bison Investments, cutting an estimated $47.7M.
- 209 institutional investors held Credit Acceptance (CACC) as of Q2 2021, up from 197 in Q1 2021.
- Funds reported $5.06B of Credit Acceptance stock for Q2 2021, up 24% quarter-over-quarter.
- 37 funds opened new Credit Acceptance positions in Q2 2021 and 25 closed out, a net change of +12 holders.
- The largest Credit Acceptance buyer in Q2 2021 was Vanguard Group, an estimated $22.8M added.
- The largest Credit Acceptance seller in Q2 2021 was Abrams Bison Investments, an estimated $47.7M sold.
Based on aggregated 13F filings for Q2 2021.