Giverny Capital Asset Management, LLC released its Q4 2025 investor letter with a portfolio return of 0.01%, underperforming the S&P 500’s 2.66% return. The firm faced challenges due to the outperformance of large tech companies, impacting its smaller niche leaders. Check out their top 5 holdings for 2025 for insights on their best picks.

In the Q4 2025 investor letter, Giverny Capital Asset Management discussed Credit Acceptance Corporation (NASDAQ:CACC), a financial services company. Credit Acceptance Corporation stock closed at $498.24 per share on January 30, 2026, with a one-month return of 8.26% and a market cap of $5.496 billion. The firm exited Credit Acceptance due to increased competition in subprime lending.

Credit Acceptance Corporation (NASDAQ:CACC) was not among the 30 Most Popular Stocks Among Hedge Funds in Q3 2024. While 29 hedge fund portfolios held CACC in Q3, down from 39 in the previous quarter, Giverny Capital believes certain AI stocks offer better potential. For an undervalued AI stock with upside potential, check out their free report on the best short-term AI stock.

Read more at Yahoo Finance: Giverny Capital Asset Management Sold Credit Acceptance Corporation (CACC) Amid Competitive Challenges