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Donald A. Foss Trust
Allan V. Apple · Family Office · Value
The Donald A. Foss Trust is a private investment vehicle and family office established by the late Donald A. Foss, the billionaire founder and former chairman of Credit Acceptance Corporation. Headquartered in Michigan, the trust was created to manage the substantial personal wealth and concentrated equity positions generated through the founder's long career in the subprime auto finance industry. Historically, the trust's primary focus has been the management and preservation of its significant ownership stake in Credit Acceptance, reflecting a deep conviction in the company’s business model and industry leadership. Following the death of Donald A. Foss in 2022, the trust's activities have centered on implementing his estate plan and overseeing his financial legacy. It operates as a sophisticated holding entity for the family’s assets, emphasizing long-term value, capital stability, and the strategic management of core industrial and financial holdings through a network of remainder and irrevocable trust structures.
Simulated Performance
| Metric | Value |
|---|---|
| Total return | +25.5% |
| YTD return | +35.7% |
| Sharpe ratio | 2.43 |
| Win rate | 100% |
| AUM | $0.0B |
| Inception | Oct 1, 2025 |
| Updated | Sep 3, 2026 |
Institution Status
| Field | Value |
|---|---|
| AUM | $0.0B |
| Turnover | Low (<15%) |
| Avg holding | 18 Months |
| Inception | Oct 1, 2025 |
| Website | N/A |
Current Holdings
Updated on Sep 3, 2026.
| Ticker | Name | Portfolio % | Return |
|---|---|---|---|
| CACC | Credit Acceptance Corporation | 100.0% | +25.5% |
Recent activity
| Date | Action | Ticker | Weight |
|---|---|---|---|
| Oct 1, 2025 | BUY | CACC | 0.0% → 100.0% |
Investment Style Analysis
Donald A. Foss Trust is widely recognized for employing a Value strategy. As of Sep 3, 2026, the firm oversees approximately $0.0B in assets under management (AUM). The portfolio demonstrates a clear preference for the Credit Services sectors, reflecting a high-conviction approach to capital allocation.
Recent Market Moves
During the latest rebalancing period ending Oct 1, Donald A. Foss Trust made a significant move by increasing exposure to CACC. This adjustment aligns with the fund's dynamic approach to risk management and capital deployment in current market conditions.
Investment Philosophy
The trust’s investment philosophy is defined by a commitment to long-term value creation and the management of concentrated, high-conviction equity stakes. This strategy is rooted in the success of its founder with Credit Acceptance Corporation, emphasizing a deep understanding of business fundamentals within the consumer finance and specialty lending sectors. The trust prioritizes capital appreciation and the preservation of legacy assets over short-term market performance, opting for a patient approach to equity ownership and institutional stability. Its objective is to maximize the intrinsic value of its core holdings while maintaining a disciplined risk profile that aligns with the broader estate planning and wealth transfer goals of the Foss family, focusing on industries where the founder possessed deep operational expertise and market insight.
Disclaimer
The content provided on this page, including the simulated portfolio performance, holdings analysis, and AI-generated insights, is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. All data is derived from historical SEC 13F filings and other public disclosures, which have a reporting lag. The "Simulated Performance" is a hypothetical reconstruction based on past disclosures and does not represent the actual returns of the institution. Past performance is not indicative of future results. Tritonix.ai is not affiliated with Donald A. Foss Trust.
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Frequently asked questions
How is the simulated portfolio for Donald A. Foss Trust constructed?
This simulation is powered by Tritonix AI using official SEC filings. We focus on the "Best Ideas" by filtering for only the Top 20 largest holdings and rebalancing them to 100%. The simulation tracks performance starting from Oct 1, 2025. Our AI monitors for updates every Monday to capture major shifts. This concentrated approach highlights the manager's true stock-picking skill and mirrors their actual investment returns.
What is Donald A. Foss Trust's largest holding?
As of the latest filing, Donald A. Foss Trust's top position is Credit Acceptance Corporation (CACC), representing 100.0% of the portfolio. This reflects a high-conviction bet by the institution.
What is Donald A. Foss Trust's historical performance and risk profile?
Our simulation indicates a total return of +25.5% with a win rate of 100%. Notably, the portfolio maintains a Sharpe Ratio of 2.43, suggesting an excellent level of risk-adjusted returns compared to the broader market.
What sectors does Donald A. Foss Trust primarily invest in?
Donald A. Foss Trust has a strong preference for the Credit Services sector, which makes up 100.0% of their disclosed assets. The portfolio also has exposure to other industries, indicating a specific thematic focus.
Is Donald A. Foss Trust's portfolio concentrated or diversified?
Donald A. Foss Trust runs a highly concentrated portfolio with 1 disclosed positions. The top 3 holdings alone account for 100.0% of the total portfolio weight, suggesting a strategy that favors deep research into a few key names.
How has Donald A. Foss Trust performed in 2026?
Our AI-simulated model portfolio for Donald A. Foss Trust tracks a Year-to-Date (YTD) return of +35.7%. This metric helps investors gauge the institution's effectiveness in the current market environment.
Does Allan V. Apple manage Donald A. Foss Trust directly?
Yes, Allan V. Apple serves as the key portfolio manager for Donald A. Foss Trust, overseeing the investment strategy and final capital allocation decisions.