Credit Acceptance
CACC
129 hedge funds and large institutions have $1B invested in Credit Acceptance in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 42 increasing their positions, 49 reducing their positions, and 14 closing their positions.
16% more capital invested
Capital invested by funds: $863M → $1B (+$141M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2% less funds holding
Funds holding: 131 → 129 (-2)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
14% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$3.38M |
| 2 |
BNP Paribas Asset Management
Paris,
France
|
+$3.15M |
| 3 |
B
BloombergSen
Toronto,
Ontario, Canada
|
+$3.08M |
| 4 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
+$2.36M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.85M |
| 2 |
Millennium Management
New York
|
-$6.8M |
| 3 |
O
OppenheimerFunds
New York
|
-$2.93M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.68M |
| 5 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$2.14M |
CACC Hedge Fund Activity: Q4 2013 in Review
129 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q4 2013, worth a combined $1B — up 16% from $863M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CACC and 12 opened new positions — a net loss of 2 holders — while 49 trimmed existing stakes and 42 added.
The largest buyer was American Century Companies, adding an estimated $3.38M. The largest seller was Fidelity Investments, exiting entirely with an estimated $8.85M sold.
- 129 institutional investors held Credit Acceptance (CACC) as of Q4 2013, down from 131 in Q3 2013.
- Funds reported $1B of Credit Acceptance stock for Q4 2013, up 16% quarter-over-quarter.
- 12 funds opened new Credit Acceptance positions in Q4 2013 and 14 closed out, a net change of -2 holders.
- The largest Credit Acceptance buyer in Q4 2013 was American Century Companies, an estimated $3.38M added.
- The largest Credit Acceptance seller in Q4 2013 was Fidelity Investments, an estimated $8.85M sold.
Based on aggregated 13F filings for Q4 2013.