Credit Acceptance
CACC
246 hedge funds and large institutions have $3.46B invested in Credit Acceptance in 2022 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 61 increasing their positions, 103 reducing their positions, and 30 closing their positions.
91% more call options, than puts
Call options by funds: $75.5M | Put options by funds: $39.5M
7% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 30
1% more funds holding
Funds holding: 244 → 246 (+2)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
0.5% less ownership
Funds ownership: 61.72% → 61.23% (-0.5%)
10% less capital invested
Capital invested by funds: $3.84B → $3.46B (-$374M)
41% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 103
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Gobi Capital
San Francisco,
California
|
+$8.84M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$6.79M |
| 3 |
B
BloombergSen
Toronto,
Ontario, Canada
|
+$6.58M |
| 4 |
Morgan Stanley
New York
|
+$6.42M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$4.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$24.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$17.2M |
| 3 |
BlackRock
New York
|
-$13.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.5M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$8.78M |
CACC Hedge Fund Activity: Q3 2022 in Review
246 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q3 2022, worth a combined $3.46B — down 9.8% from $3.84B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CACC positions and 30 closed out — a net gain of 2 holders — while 61 added to existing stakes and 103 trimmed.
The largest buyer was Gobi Capital, adding an estimated $8.84M. The largest seller was Vanguard Group, cutting an estimated $24.8M.
- 246 institutional investors held Credit Acceptance (CACC) as of Q3 2022, up from 244 in Q2 2022.
- Funds reported $3.46B of Credit Acceptance stock for Q3 2022, down 9.8% quarter-over-quarter.
- 32 funds opened new Credit Acceptance positions in Q3 2022 and 30 closed out, a net change of +2 holders.
- The largest Credit Acceptance buyer in Q3 2022 was Gobi Capital, an estimated $8.84M added.
- The largest Credit Acceptance seller in Q3 2022 was Vanguard Group, an estimated $24.8M sold.
Based on aggregated 13F filings for Q3 2022.