Value investor Robert Vinall's firm, RV Capital, reduced its position in Credit Acceptance Corp. (CACC) by 12.80% during the second quarter of 2026. According to regulatory filings from mid-August, which disclose trades made by June 30, the firm sold an estimated $10.12 million worth of stock, decreasing its share count from 124,160 to 108,270.
Despite the sale, Credit Acceptance remains a significant and concentrated holding for the investor. The position's weight in RV Capital's reported portfolio actually increased from 13.77% to 18.01% due to market price appreciation and changes in other holdings. No specific commentary from Vinall regarding the motive for this trade has been publicly disclosed.