CREDIT ACCEP CORP MICH CACC
COM · Common Stock · CUSIP 225310101 · ISIN US2253101016
Auto finance company providing automobile loans and other related financial products
- SectorFinancials
- IndustryPersonal Credit Institutions
- HeadquartersSouthfield, MI
- Founded1972
- Websitecreditacceptance.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($5.8m this quarter). Holder counts are more reliable. Shares outstanding: 10.4m as of 2026-07-23, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $636.65. Options: 6 managers hold calls ($23.0m notional), 6 hold puts ($7.3m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 248 |
| Q4 2022 | 232 |
| Q1 2023 | 234 |
| Q2 2023 | 227 |
| Q3 2023 | 211 |
| Q4 2023 | 228 |
| Q1 2024 | 264 |
| Q2 2024 | 233 |
| Q3 2024 | 234 |
| Q4 2024 | 247 |
| Q1 2025 | 268 |
| Q2 2025 | 276 |
| Q3 2025 | 258 |
| Q4 2025 | 251 |
| Q1 2026 | 260 |
| Q2 2026 | 299 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 101 | 101 |
| Q4 2024 | 121 | 98 |
| Q1 2025 | 134 | 100 |
| Q2 2025 | 135 | 119 |
| Q3 2025 | 104 | 149 |
| Q4 2025 | 92 | 141 |
| Q1 2026 | 131 | 114 |
| Q2 2026 | 172 | 119 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $208.7m | $30.5m | 0.15 |
| Q4 2025 | $26.9m | $76.2m | 2.83 |
| Q1 2026 | $22.9m | $17.2m | 0.75 |
| Q2 2026 | $23.0m | $7.3m | 0.32 |
Biggest buyers
| BlackRock, Inc. | Added | +410.5k |
| GOLDMAN SACHS GROUP INC | Added | +106.7k |
| UBS Group AG | Added | +91.0k |
| STATE STREET CORP | Added | +82.7k |
| AQR CAPITAL MANAGEMENT LLC | Added | +63.9k |
| FMR LLC | Added | +58.2k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +52.9k |
| PRINCIPAL FINANCIAL GROUP INC | New | +28.2k |
| AMERICAN CENTURY COMPANIES INC | Added | +27.5k |
| Public Sector Pension Investment Board | New | +20.1k |
Biggest sellers
| Ruane, Cunniff & Goldfarb L.P. | Reduced | -140.9k |
| Twin Lions Management LLC | Reduced | -61.6k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -34.6k |
| Alfreton Capital LLP | Reduced | -25.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH | Reduced | -17.6k |
| Philadelphia Financial Management of San Francisco, LLC | Sold out | -16.5k |
| RV Capital AG | Reduced | -15.9k |
| SMITH THOMAS W | Reduced | -11.8k |
| Smead Capital Management, Inc. | Reduced | -11.7k |
| FIRST TRUST ADVISORS LP | Reduced | -11.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $11.6m18.2k shares |
| CITADEL ADVISORS LLC | Reduced | $5.5m8.7k shares |
| JANE STREET GROUP, LLC | Reduced | $4.3m6.8k shares |
| IMC-Chicago, LLC | Reduced | $1.0m1.6k shares |
| Walleye Trading LLC | Reduced | $445.7k700 shares |
| SIMPLEX TRADING, LLC | Reduced | $127.3k200 shares |
Biggest puts
| UBS Group AG | Unchanged | $3.2m5.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.5m4.0k shares |
| IMC-Chicago, LLC | Reduced | $636.7k1.0k shares |
| CITADEL ADVISORS LLC | Reduced | $445.7k700 shares |
| JANE STREET GROUP, LLC | Reduced | $445.7k700 shares |
| SIMPLEX TRADING, LLC | Unchanged | $63.7k100 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Donald A. Foss 2009 Annuity Trust
13D · may seek influence
-0.1 pts · filed 2026-06-05
Stated purposeThis Schedule 13D is being filed to report a change in the shares beneficially owned by the Reporting Persons. The Reporting Persons intend to evaluate on an ongoing basis the investments in the Issuer and their options with respect to such investments. The Reporting Persons may from time to time, acquire additional common stock from time to time for investment purposes if market conditions are favorable, in the open market, in privately negotiated transactions or otherwise. The Reporting Persons may also dispose of some or all of the Issuer's common stock that the Reporting Persons beneficially own, periodically, by public or private sale (registered or unregistered and with or without the simultaneous sale of newly-issued common stock by the Issuer), gift, expiration of options, forfei… Full filing |
19.8% |
Watson Jill Foss
13D · may seek influence
filed 2026-06-05
Stated purposeThis Schedule 13D/A is being filed to report a change in the shares beneficially owned by the Reporting Persons. The Reporting Persons intend to evaluate on an ongoing basis the investments in the Issuer and their options with respect to such investments. The Reporting Persons may from time to time, acquire additional common stock from time to time for investment purposes if market conditions are favorable, in the open market, in privately negotiated transactions or otherwise. The Reporting Persons may also dispose of some or all of the Issuer's common stock that the Reporting Persons beneficially own, periodically, by public or private sale (registered or unregistered and with or without the simultaneous sale of newly-issued common stock by the Issuer), gift, expiration of options, forf… Full filing |
14.5% |
Prescott General Partners LLC
13D · may seek influence
+1.2 pts · filed 2026-07-07
Stated purposeItem 4 of the Schedule 13D is hereby amended and restated in its entirety as follows: "As described more fully in Item 5 below, as general partner of the Partnerships, PGP may be deemed to beneficially own 1,427,060 shares of Common Stock held by the Partnerships. PIPS may be deemed to beneficially own 41,437 shares of Common Stock held on behalf of the employee profit-sharing plan participants. Messrs. Smith and Vassalluzzo may be deemed to beneficially own 83,123 and 2,758 shares of Common Stock, respectively, in their capacities as investment managers for several managed accounts, which consist of investment accounts for: (i) a private charitable foundation established by Mr. Smith and for which Mr. Smith acts as trustee (the "Foundation") and (ii) certain family members of Mr. Vassall… Full filing |
13.6% |
| Neary John P 13G · passive investor -0.5 pts · filed 2026-08-13 | 6.3% |
| BlackRock, Inc. 13G · institution new · filed 2026-07-27 | 6.0% |
| Boston Partners 13G · institution new · filed 2026-05-14 | 5.1% |
Fell to 5% or below in the last year: Ruane, Cunniff & Goldfarb L.P. (4.9%, 2026-02-12)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 1 | $270.4k | — |
| Q1 2025 | 0 | — | 2 | $1.7m | — |
| Q2 2025 | 0 | — | 3 | $41.6m | — |
| Q3 2025 | 0 | — | 4 | $9.3m | — |
| Q4 2025 | 0 | — | 2 | $1.9m | $509.0k |
| Q1 2026 | 0 | — | 4 | $13.3m | $8.4m |
| Q2 2026 | 0 | — | 7 | $58.2m | $51.6m |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-07-16 | Watson Jill Foss 10% owner · See footnote 2 | Sold | $919.8k1.4k shares |
| 2026-07-02 | Watson Jill Foss 10% owner · See footnote 2 | Sold | $4.3m6.5k shares |
| 2026-07-02 | Watson Jill Foss 10% owner · See footnote 17 | Sold | $2.9m4.5k shares |
| 2026-06-26 | KERBER ERIN J Chief Legal Officer | Sold plan | $3.6m5.7k shares |
| 2026-06-26 | Elliott Nicholas J Chief Transformation Officer | Sold plan | $1.5m2.3k shares |
| 2026-06-25 | KERBER ERIN J Chief Legal Officer | Sold plan | $1.8m2.9k shares |
| 2026-06-25 | Elliott Nicholas J Chief Transformation Officer | Sold plan | $741.8k1.2k shares |
| 2026-06-24 | KERBER ERIN J Chief Legal Officer | Sold plan | $5.2m8.7k shares |
| 2026-06-24 | LUM JONATHAN Chief Operating Officer | Sold plan | $3.6m6.0k shares |
| 2026-06-24 | Elliott Nicholas J Chief Transformation Officer | Sold plan | $2.1m3.5k shares |
| 2026-06-24 | Martin Jay D Chief Financial Officer | Sold plan | $1.8m3.0k shares |
| 2026-06-17 | Elliott Nicholas J Chief Transformation Officer | Sold plan | $1.7k3 shares |
| 2026-06-17 | KERBER ERIN J Chief Legal Officer | Sold plan | $1.2k2 shares |
| 2026-06-17 | Martin Jay D Chief Financial Officer | Sold plan | $1.2k2 shares |
| 2026-06-16 | Elliott Nicholas J Chief Transformation Officer | Sold plan | $20.8k36 shares |
| 2026-06-16 | KERBER ERIN J Chief Legal Officer | Sold plan | $15.6k27 shares |
| 2026-06-16 | Martin Jay D Chief Financial Officer | Sold plan | $14.4k25 shares |
| 2026-06-15 | KERBER ERIN J Chief Legal Officer | Sold plan | $15.5k27 shares |
| 2026-06-15 | Martin Jay D Chief Financial Officer | Sold plan | $12.7k22 shares |
| 2026-06-15 | Elliott Nicholas J Chief Transformation Officer | Sold plan | $9.2k16 shares |
| 2026-06-09 | Elliott Nicholas J Chief Transformation Officer | Sold plan | $18.4k32 shares |
| 2026-06-09 | KERBER ERIN J Chief Legal Officer | Sold plan | $18.4k32 shares |
| 2026-06-09 | Martin Jay D Chief Financial Officer | Sold plan | $15.0k26 shares |
| 2026-06-08 | KERBER ERIN J Chief Legal Officer | Sold plan | $12.7k22 shares |
| 2026-06-08 | Elliott Nicholas J Chief Transformation Officer | Sold plan | $12.1k21 shares |
| 2026-06-08 | Martin Jay D Chief Financial Officer | Sold plan | $10.4k18 shares |
| 2026-06-01 | KERBER ERIN J Chief Legal Officer | Sold plan | $35.1k61 shares |
| 2026-06-01 | Elliott Nicholas J Chief Transformation Officer | Sold plan | $33.9k59 shares |
| 2026-06-01 | Martin Jay D Chief Financial Officer | Sold plan | $29.3k51 shares |
| 2026-05-29 | LUM JONATHAN Chief Operating Officer | Sold plan | $2.9m5.0k shares |
The latest 30 of 54 trades.
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Prescott General Partners LLC 46.75% of their portfolio | 1.4m $915.0m | Unchanged |
| BlackRock, Inc. 0.01% of their portfolio | 642.1k $408.8m | Added +410.5k |
| Boston Partners 0.32% of their portfolio | 573.6k $365.1m | Added +13.4k |
| Gobi Capital LLC 11.60% of their portfolio | 358.1k $228.0m | Unchanged |
| BECK MACK & OLIVER LLC 3.80% of their portfolio | 306.0k $194.8m | Reduced -3.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 260.1k $165.6m | Added +1.2k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 237.4k $151.2m | Added +6.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 225.2k $143.4m | Added +52.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.21% of their portfolio | 213.7k $136.1m | Reduced -17.6k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 208.4k $132.7m | Reduced -4.6k |
| Smead Capital Management, Inc. 2.72% of their portfolio | 198.8k $126.6m | Reduced -11.7k |
| STATE STREET CORP 0.00% of their portfolio | 176.9k $112.7m | Added +82.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 169.0k $107.6m | Added +106.7k |
| FMR LLC 0.00% of their portfolio | 162.4k $103.4m | Added +58.2k |
| UBS Group AG 0.02% of their portfolio | 153.6k $97.8m | Added +91.0k |
| Axxion S.A. 6.41% of their portfolio | 140.7k $89.6m | First filing |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 119.2k $75.9m | Added +27.5k |
| RV Capital AG 18.01% of their portfolio | 108.3k $68.9m | Reduced -15.9k |
| GOODNOW INVESTMENT GROUP, LLC 7.01% of their portfolio | 106.1k $67.6m | Reduced -10.2k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 104.0k $66.2m | Added +15.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 98.9k $63.0m | Reduced -3.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 91.6k $58.3m | Added +653 |
| Alfreton Capital LLP 14.38% of their portfolio | 90.0k $57.3m | Reduced -25.0k |
| MORGAN STANLEY 0.00% of their portfolio | 87.6k $55.8m | Added +11.2k |
| SMITH THOMAS W 47.00% of their portfolio | 83.1k $52.9m | Reduced -11.8k |
| LONDON CO OF VIRGINIA 0.27% of their portfolio | 75.0k $47.7m | Reduced -4.7k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 68.8k $43.8m | Added +63.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 59.8k $38.1m | Reduced -3.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 53.6k $34.1m | Added +9.0k |
| KIZE CAPITAL LP 38.71% of their portfolio | 47.3k $30.1m | Reduced -9.4k |
| Squarepoint Ops LLC 0.06% of their portfolio | 45.2k $28.8m | Reduced -3.1k |
| Twin Lions Management LLC 17.77% of their portfolio | 35.6k $22.7m | Reduced -61.6k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 35.4k $22.5m | Reduced -229 |
| 1832 Asset Management L.P. 0.03% of their portfolio | 34.6k $22.0m | Reduced -2.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 32.5k $20.7m | Reduced -2.4k |
| EXCHANGE TRADED CONCEPTS, LLC 0.10% of their portfolio | 31.2k $19.9m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 30.4k $19.3m | Added +12.6k |
| Invesco Ltd. 0.00% of their portfolio | 29.8k $19.0m | Added +5.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 28.2k $18.0m | New |
| LPL Financial LLC 0.00% of their portfolio | 28.0k $17.8m | Reduced -3.3k |
| Polar Capital Holdings Plc 0.05% of their portfolio | 27.8k $17.7m | Unchanged |
| INGALLS & SNYDER LLC 0.43% of their portfolio | 24.6k $15.7m | Reduced -478 |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 22.6k $14.4m | Reduced -11.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 21.4k $13.6m | Reduced -1.6k |
| Public Sector Pension Investment Board 0.03% of their portfolio | 20.1k $12.8m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 19.4k $12.3m | Added +1.5k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 18.3k $11.6m | Added +8.9k |
| BARCLAYS PLC 0.00% of their portfolio | 16.8k $10.7m | Reduced -7.8k |
| Quantinno Capital Management LP 0.01% of their portfolio | 14.6k $9.3m | Added +7.2k |
| CITIGROUP INC 0.00% of their portfolio | 13.6k $8.6m | Added +4.1k |
| Greenline Partners, LLC 0.87% of their portfolio | 13.4k $8.6m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 12.5k $7.9m | Added +8.5k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 11.8k $7.5m | Added +1.3k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 11.3k $7.2m | Added +5.6k |
| Swiss National Bank 0.00% of their portfolio | 10.8k $6.8m | Reduced -160 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 10.6k $6.8m | Added +8.7k |
| BLAIR WILLIAM & CO/IL 0.02% of their portfolio | 9.8k $6.2m | Added +109 |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 9.1k $5.8m | Added +211 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 9.1k $5.9m | Added +4.2k |
| Sequoia Financial Advisors, LLC 0.03% of their portfolio | 9.0k $5.7m | Added +111 |
| Jump Financial, LLC 0.05% of their portfolio | 9.0k $5.7m | New |
| Illinois Municipal Retirement Fund 0.06% of their portfolio | 8.4k $5.4m | Reduced -38 |
| Mraz, Amerine & Associates, Inc. 0.77% of their portfolio | 8.4k $5.3m | Reduced -4.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 8.2k $5.2m | Added +6.1k |
| ZACKS INVESTMENT MANAGEMENT 0.04% of their portfolio | 8.0k $5.1m | Added +3.0k |
| Hyperion Capital Advisors LP 2.05% of their portfolio | 7.2k $4.6m | Reduced -6.9k |
| Nuveen, LLC 0.00% of their portfolio | 6.2k $4.0m | Reduced -86 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 6.2k $3.9m | Reduced -123 |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.20% of their portfolio | 5.9k $3.8m | Added +5.1k |
| Paralel Advisors LLC 0.13% of their portfolio | 5.5k $3.5m | Added +275 |
| Bridgewater Associates, LP 0.01% of their portfolio | 5.3k $3.4m | Reduced -5.4k |
| Ruane, Cunniff & Goldfarb L.P. 0.05% of their portfolio | 5.3k $3.4m | Reduced -140.9k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 5.2k $3.3m | New |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 5.0k $3.2m | Unchanged |
| Cerity Partners LLC 0.00% of their portfolio | 4.9k $3.1m | Added +2.3k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 4.8k $3.1m | Added +4.2k |
| Numerai GP LLC 0.24% of their portfolio | 4.7k $3.0m | Added +3.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 4.7k $3.0m | Added +394 |
| MML INVESTORS SERVICES, LLC 0.01% of their portfolio | 4.5k $2.9m | Reduced -1.7k |
| SG Americas Securities, LLC 0.00% of their portfolio | 4.1k $2.6m | Reduced -8.7k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.01% of their portfolio | 4.0k $2.6m | Reduced -7.1k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 3.8k $2.4m | New |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.04% of their portfolio | 3.5k $2.2m | Reduced -330 |
| Entropy Technologies, LP 0.08% of their portfolio | 3.2k $2.0m | Added +1.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 3.0k $1.3m | Added +1.3k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 3.0k $1.9m | Added +1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 3.0k $1.9m | Added +3.0k |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 3.0k $1.9m | Added +1.9k |
| Jupiter Topco LLC 0.00% of their portfolio | 2.8k $1.8m | First filing |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 2.8k $1.8m | Reduced -106 |
| Havemeyer Place LP 0.17% of their portfolio | 2.7k $1.7m | Reduced -540 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 2.7k $1.7m | Reduced -34.6k |
| Aquatic Capital Management LLC 0.06% of their portfolio | 2.7k $1.7m | Added +295 |
| PDT Partners, LLC 0.09% of their portfolio | 2.7k $1.7m | Reduced -889 |
| Engineers Gate Manager LP 0.02% of their portfolio | 2.6k $1.7m | Reduced -1.7k |
| Louisiana State Employees Retirement System 0.02% of their portfolio | 2.6k $1.7m | New |
| Atria Investments, Inc 0.02% of their portfolio | 2.6k $1.7m | Added +665 |
| Citadel Investment Advisory, Inc. 0.73% of their portfolio | 2.5k $1.6m | Unchanged |
| ALLSTATE CORP 0.02% of their portfolio | 2.5k $1.6m | Added +36 |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 2.4k $1.6m | Added +971 |