Giverny Capital Asset Management, LLC released its Q3 2025 investor letter, showing a 6.78% return compared to the S&P 500’s 8.12%. YTD return was 12.57% vs. 14.83% for the index. Top 5 holdings are highlighted. Credit Acceptance Corporation (NASDAQ:CACC) was discussed in the letter as being trimmed and fully exited due to concerns about falling behind in technology and underwriting sophistication.

Credit Acceptance Corporation (NASDAQ:CACC) is a financing company with a one-month return of 3.66% and a market cap of $5.184 billion. The stock price closed at $461.29 on December 8, 2025. Giverny Capital Asset Management made selling decisions regarding Credit Acceptance Corporation (NASDAQ:CACC) in Q3, citing concerns about the company’s competitive positioning.

Credit Acceptance Corporation (NASDAQ:CACC) was held by 29 hedge fund portfolios at the end of Q3. The company is not among the 30 Most Popular Stocks Among Hedge Funds. While acknowledging Credit Acceptance Corporation’s potential, Giverny Capital Asset Management believes certain AI stocks offer more upside with less downside risk. A free report on a promising AI stock is available.

An article covering a bullish thesis on Credit Acceptance Corporation (NASDAQ:CACC) was shared. More hedge fund investor letters from Q3 2025 are available. Explore the best and worst Dow stocks for the next 12 months and 10 unstoppable stocks that could double your money. No disclosures mentioned.

Read more at Yahoo Finance: Here’s Why Giverny Capital Asset Management Sold Credit Acceptance Corporation (CACC) in Q3