Credit Acceptance
CACC
271 hedge funds and large institutions have $6.09B invested in Credit Acceptance in 2021 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 53 increasing their positions, 104 reducing their positions, and 30 closing their positions.
113% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 30
77% more call options, than puts
Call options by funds: $240M | Put options by funds: $136M
13% more funds holding
Funds holding: 240 → 271 (+31)
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
7% more capital invested
Capital invested by funds: $5.68B → $6.09B (+$411M)
0.94% less ownership
Funds ownership: 61.93% → 60.99% (-0.94%)
49% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 104
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Gobi Capital
San Francisco,
California
|
+$84.7M |
| 2 |
Two Sigma Advisers
New York
|
+$20.7M |
| 3 |
SCM
Smead Capital Management
Phoenix,
Arizona
|
+$14.9M |
| 4 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
+$12.3M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$274M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$183M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$44.5M |
| 4 |
GIG
Goodnow Investment Group
Darien,
Connecticut
|
-$38.6M |
| 5 |
QCMNJ
Quantum Capital Management (New Jersey)
Northfield,
New Jersey
|
-$21.5M |
CACC Hedge Fund Activity: Q4 2021 in Review
271 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q4 2021, worth a combined $6.09B — up 7.2% from $5.68B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new CACC positions and 30 closed out — a net gain of 34 holders — while 53 added to existing stakes and 104 trimmed.
The largest buyer was Gobi Capital, adding an estimated $84.7M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $274M.
- 271 institutional investors held Credit Acceptance (CACC) as of Q4 2021, up from 240 in Q3 2021.
- Funds reported $6.09B of Credit Acceptance stock for Q4 2021, up 7.2% quarter-over-quarter.
- 64 funds opened new Credit Acceptance positions in Q4 2021 and 30 closed out, a net change of +34 holders.
- The largest Credit Acceptance buyer in Q4 2021 was Gobi Capital, an estimated $84.7M added.
- The largest Credit Acceptance seller in Q4 2021 was Ruane, Cunniff & Goldfarb, an estimated $274M sold.
Based on aggregated 13F filings for Q4 2021.