Credit Acceptance
CACC
244 hedge funds and large institutions have $3.84B invested in Credit Acceptance in 2022 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 66 increasing their positions, 111 reducing their positions, and 32 closing their positions.
30% more call options, than puts
Call options by funds: $102M | Put options by funds: $78.7M
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
2.87% more ownership
Funds ownership: 58.85% → 61.72% (+2.9%)
5% less funds holding
Funds holding: 257 → 244 (-13)
18% less capital invested
Capital invested by funds: $4.71B → $3.84B (-$869M)
19% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 32
41% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 111
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
+$10.5M |
| 2 |
BA
Bridgewater Associates
Westport,
Connecticut
|
+$7.94M |
| 3 |
Morgan Stanley
New York
|
+$7.06M |
| 4 |
SCM
Smead Capital Management
Phoenix,
Arizona
|
+$5.64M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$4.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$51.5M |
| 2 |
PGP
Prescott General Partners
Boca Raton,
Florida
|
-$41.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$30M |
| 4 |
QCMNJ
Quantum Capital Management (New Jersey)
Northfield,
New Jersey
|
-$17.4M |
| 5 |
BlackRock
New York
|
-$15.5M |
CACC Hedge Fund Activity: Q2 2022 in Review
244 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q2 2022, worth a combined $3.84B — down 18% from $4.71B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of CACC and 26 opened new positions — a net loss of 6 holders — while 111 trimmed existing stakes and 66 added.
The largest buyer was Cantor Fitzgerald, opening a new position worth an estimated $10.5M. The largest seller was Wellington Management Group, cutting an estimated $51.5M.
- 244 institutional investors held Credit Acceptance (CACC) as of Q2 2022, down from 257 in Q1 2022.
- Funds reported $3.84B of Credit Acceptance stock for Q2 2022, down 18% quarter-over-quarter.
- 26 funds opened new Credit Acceptance positions in Q2 2022 and 32 closed out, a net change of -6 holders.
- The largest Credit Acceptance buyer in Q2 2022 was Cantor Fitzgerald, an estimated $10.5M added.
- The largest Credit Acceptance seller in Q2 2022 was Wellington Management Group, an estimated $51.5M sold.
Based on aggregated 13F filings for Q2 2022.