Credit Acceptance
CACC
229 hedge funds and large institutions have $3.76B invested in Credit Acceptance in 2022 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 60 increasing their positions, 90 reducing their positions, and 44 closing their positions.
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
9% more capital invested
Capital invested by funds: $3.46B → $3.76B (+$296M)
0.09% more ownership
Funds ownership: 61.21% → 61.3% (+0.09%)
7% less funds holding
Funds holding: 245 → 229 (-16)
23% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 44
33% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 90
70% less call options, than puts
Call options by funds: $24.3M | Put options by funds: $81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ABI
Abrams Bison Investments
Bethesda,
Maryland
|
+$55M |
| 2 |
AC
Alfreton Capital
Radlett, Hertfordshire,
United Kingdom
|
+$41.3M |
| 3 |
B
BloombergSen
Toronto,
Ontario, Canada
|
+$36.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$34.9M |
| 5 |
LP
LMR Partners
London,
United Kingdom
|
+$34.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGP
Prescott General Partners
Boca Raton,
Florida
|
-$33.2M |
| 2 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$11.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.1M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$9.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.18M |
CACC Hedge Fund Activity: Q4 2022 in Review
229 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q4 2022, worth a combined $3.76B — up 8.5% from $3.46B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of CACC and 34 opened new positions — a net loss of 10 holders — while 90 trimmed existing stakes and 60 added.
The largest buyer was Abrams Bison Investments, opening a new position worth an estimated $55M. The largest seller was Prescott General Partners, cutting an estimated $33.2M.
- 229 institutional investors held Credit Acceptance (CACC) as of Q4 2022, down from 245 in Q3 2022.
- Funds reported $3.76B of Credit Acceptance stock for Q4 2022, up 8.5% quarter-over-quarter.
- 34 funds opened new Credit Acceptance positions in Q4 2022 and 44 closed out, a net change of -10 holders.
- The largest Credit Acceptance buyer in Q4 2022 was Abrams Bison Investments, an estimated $55M added.
- The largest Credit Acceptance seller in Q4 2022 was Prescott General Partners, an estimated $33.2M sold.
Based on aggregated 13F filings for Q4 2022.