Credit Acceptance
CACC
257 hedge funds and large institutions have $4.71B invested in Credit Acceptance in 2022 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 82 increasing their positions, 89 reducing their positions, and 49 closing their positions.
12% more call options, than puts
Call options by funds: $131M | Put options by funds: $117M
8% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 89
2.14% less ownership
Funds ownership: 60.99% → 58.85% (-2.1%)
5% less funds holding
Funds holding: 271 → 257 (-14)
22% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 49
23% less capital invested
Capital invested by funds: $6.09B → $4.71B (-$1.38B)
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Smead Capital Management
Phoenix,
Arizona
|
+$14.8M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$8.16M |
| 3 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$7.21M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.13M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$6.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$38.4M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$36.8M |
| 3 |
Two Sigma Investments
New York
|
-$27.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$24.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$24.6M |
CACC Hedge Fund Activity: Q1 2022 in Review
257 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q1 2022, worth a combined $4.71B — down 23% from $6.09B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of CACC and 38 opened new positions — a net loss of 11 holders — while 89 trimmed existing stakes and 82 added.
The largest buyer was Smead Capital Management, adding an estimated $14.8M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $38.4M sold.
- 257 institutional investors held Credit Acceptance (CACC) as of Q1 2022, down from 271 in Q4 2021.
- Funds reported $4.71B of Credit Acceptance stock for Q1 2022, down 23% quarter-over-quarter.
- 38 funds opened new Credit Acceptance positions in Q1 2022 and 49 closed out, a net change of -11 holders.
- The largest Credit Acceptance buyer in Q1 2022 was Smead Capital Management, an estimated $14.8M added.
- The largest Credit Acceptance seller in Q1 2022 was Arrowstreet Capital, an estimated $38.4M sold.
Based on aggregated 13F filings for Q1 2022.