Credit Acceptance
CACC
262 hedge funds and large institutions have $4.4B invested in Credit Acceptance in 2024 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 65 increasing their positions, 86 reducing their positions, and 13 closing their positions.
285% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 13
78% more call options, than puts
Call options by funds: $51M | Put options by funds: $28.6M
16% more funds holding
Funds holding: 226 → 262 (+36)
1% more capital invested
Capital invested by funds: $4.37B → $4.4B (+$33.7M)
0.33% less ownership
Funds ownership: 65.24% → 64.91% (-0.33%)
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
24% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 86
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$13.1M |
| 3 |
BMO
Beck Mack & Oliver
New York
|
+$10.8M |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
+$6.8M |
| 5 |
CCIA
Campbell & Co Investment Adviser
Baltimore,
Maryland
|
+$6.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LP
LMR Partners
London,
United Kingdom
|
-$53.9M |
| 2 |
Cerity Partners
New York
|
-$48.6M |
| 3 |
KC
Kize Capital
New York
|
-$24.5M |
| 4 |
BlackRock
New York
|
-$18M |
| 5 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$16.1M |
CACC Hedge Fund Activity: Q1 2024 in Review
262 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Credit Acceptance (CACC) for Q1 2024, worth a combined $4.4B — up 0.77% from $4.37B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new CACC positions and 13 closed out — a net gain of 37 holders — while 65 added to existing stakes and 86 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.8M. The largest seller was LMR Partners, cutting an estimated $53.9M.
- 262 institutional investors held Credit Acceptance (CACC) as of Q1 2024, up from 226 in Q4 2023.
- Funds reported $4.4B of Credit Acceptance stock for Q1 2024, up 0.77% quarter-over-quarter.
- 50 funds opened new Credit Acceptance positions in Q1 2024 and 13 closed out, a net change of +37 holders.
- The largest Credit Acceptance buyer in Q1 2024 was Morgan Stanley, an estimated $14.8M added.
- The largest Credit Acceptance seller in Q1 2024 was LMR Partners, an estimated $53.9M sold.
Based on aggregated 13F filings for Q1 2024.