Credit Acceptance
CACC
134 hedge funds and large institutions have $1.11B invested in Credit Acceptance in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 51 increasing their positions, 45 reducing their positions, and 5 closing their positions.
329% more call options, than puts
Call options by funds: $1.65M | Put options by funds: $384K
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
13% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 45
11% more capital invested
Capital invested by funds: $1B → $1.11B (+$110M)
4% more funds holding
Funds holding: 129 → 134 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$8.09M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$6.19M |
| 3 |
BNP Paribas Asset Management
Paris,
France
|
+$2.97M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$2.78M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$11.1M |
| 2 |
AM
Account Management
Boxford,
Massachusetts
|
-$4.86M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$2.51M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.54M |
| 5 |
ISL
Ingalls & Snyder LLC
New York
|
-$1.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAM
126
Advisors Asset Management
Monument,
Colorado
| $47K | -$8.45K | -62 | -16% |
|
|
LTFS
127
Ladenburg Thalmann Financial Services
Miami,
Florida
| $45K | – | – | – |
|
128
BlackRock
New York
| $39K | – | – | – |
|
129
Envestnet Asset Management
Chicago,
Illinois
| $38K | +$30.5K | +224 | +487% |
|
|
BJ
130
BlackRock Japan
Tokyo,
Japan
| $21K | -$16.6K | -122 | -45% |
|
131
US Bancorp
Minneapolis,
Minnesota
| $20K | – | – | – |
|
|
DA
132
Denali Advisors
San Diego,
California
| $3K | – | – | – |
|
|
EFSCE
133
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| $2K | – | – | – |
|
134
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $806 | -$2.73K | -20 | -0.4% |
|
|
O
135
OppenheimerFunds
New York
| – | -$11.1M | -85,720 | Closed |
|
|
NI
136
Numeric Investors
Boston,
Massachusetts
| – | -$2.51M | -19,328 | Closed |
|
|
OAM
137
Oxford Asset Management
Oxford,
United Kingdom
| – | -$1.54M | -11,847 | Closed |
|
|
BCM
138
Bridgeway Capital Management
Houston,
Texas
| – | -$364K | -2,800 | Closed |
|
139
Citadel Advisors
Miami,
Florida
| – | -$227K | -1,745 | Closed |
|
CACC Hedge Fund Activity: Q1 2014 in Review
134 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q1 2014, worth a combined $1.11B — up 11% from $1B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CACC positions and 5 closed out — a net gain of 5 holders — while 51 added to existing stakes and 45 trimmed.
The largest buyer was BlackRock Institutional Trust, adding an estimated $8.09M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $11.1M sold.
- 134 institutional investors held Credit Acceptance (CACC) as of Q1 2014, up from 129 in Q4 2013.
- Funds reported $1.11B of Credit Acceptance stock for Q1 2014, up 11% quarter-over-quarter.
- 10 funds opened new Credit Acceptance positions in Q1 2014 and 5 closed out, a net change of +5 holders.
- The largest Credit Acceptance buyer in Q1 2014 was BlackRock Institutional Trust, an estimated $8.09M added.
- The largest Credit Acceptance seller in Q1 2014 was OppenheimerFunds, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2014.