Credit Acceptance
CACC
240 hedge funds and large institutions have $5.68B invested in Credit Acceptance in 2021 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 39 increasing their positions, 105 reducing their positions, and 14 closing their positions.
250% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 14
15% more funds holding
Funds holding: 209 → 240 (+31)
12% more capital invested
Capital invested by funds: $5.06B → $5.68B (+$617M)
10% less call options, than puts
Call options by funds: $244M | Put options by funds: $270M
4.79% less ownership
Funds ownership: 66.72% → 61.93% (-4.8%)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
63% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$30.8M |
| 2 |
Voloridge Investment Management
Jupiter,
Florida
|
+$25.5M |
| 3 |
HF
HRT Financial
New York
|
+$8.65M |
| 4 |
CCM
CAAS Capital Management
New York
|
+$7.36M |
| 5 |
Millennium Management
New York
|
+$5.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$162M |
| 2 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$154M |
| 3 |
GC
Gobi Capital
San Francisco,
California
|
-$120M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$65.5M |
| 5 |
BlackRock
New York
|
-$54.1M |
CACC Hedge Fund Activity: Q3 2021 in Review
240 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q3 2021, worth a combined $5.68B — up 12% from $5.06B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new CACC positions and 14 closed out — a net gain of 35 holders — while 39 added to existing stakes and 105 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $30.8M. The largest seller was Principal Financial Group, cutting an estimated $162M.
- 240 institutional investors held Credit Acceptance (CACC) as of Q3 2021, up from 209 in Q2 2021.
- Funds reported $5.68B of Credit Acceptance stock for Q3 2021, up 12% quarter-over-quarter.
- 49 funds opened new Credit Acceptance positions in Q3 2021 and 14 closed out, a net change of +35 holders.
- The largest Credit Acceptance buyer in Q3 2021 was Two Sigma Investments, an estimated $30.8M added.
- The largest Credit Acceptance seller in Q3 2021 was Principal Financial Group, an estimated $162M sold.
Based on aggregated 13F filings for Q3 2021.