Credit Acceptance
CACC
139 hedge funds and large institutions have $1.12B invested in Credit Acceptance in 2014 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 38 increasing their positions, 56 reducing their positions, and 12 closing their positions.
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
10% more capital invested
Capital invested by funds: $1.02B → $1.12B (+$97.5M)
5% more funds holding
Funds holding: 132 → 139 (+7)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
32% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 56
59% less call options, than puts
Call options by funds: $5.91M | Put options by funds: $14.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$5.77M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$5.75M |
| 3 |
OAM
Origin Asset Management
London,
United Kingdom
|
+$5.6M |
| 4 |
QI
QS Investors
New York
|
+$4.96M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFLIT
Investmentaktiengesellschaft Fuer Langfristige Investoren TGV
Bonn,
Germany
|
-$7.92M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.53M |
| 3 |
CIA
Capital Impact Advisors
Boston,
Massachusetts
|
-$2.67M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$2.5M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$2.26M |
CACC Hedge Fund Activity: Q4 2014 in Review
139 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q4 2014, worth a combined $1.12B — up 9.5% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CACC positions and 12 closed out — a net gain of 10 holders — while 38 added to existing stakes and 56 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $5.77M. The largest seller was Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, cutting an estimated $7.92M.
- 139 institutional investors held Credit Acceptance (CACC) as of Q4 2014, up from 132 in Q3 2014.
- Funds reported $1.12B of Credit Acceptance stock for Q4 2014, up 9.5% quarter-over-quarter.
- 22 funds opened new Credit Acceptance positions in Q4 2014 and 12 closed out, a net change of +10 holders.
- The largest Credit Acceptance buyer in Q4 2014 was PNC Financial Services Group, an estimated $5.77M added.
- The largest Credit Acceptance seller in Q4 2014 was Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, an estimated $7.92M sold.
Based on aggregated 13F filings for Q4 2014.