First Acceptance Corp.
FAC
FAC was delisted on the 6th of April, 2018.
28 hedge funds and large institutions have $11.6M invested in First Acceptance Corp. in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
12% more funds holding
Funds holding: 25 → 28 (+3)
6% more capital invested
Capital invested by funds: $11M → $11.6M (+$611K)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$173K |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$50.5K |
| 3 |
Renaissance Technologies
New York
|
+$17.3K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.16K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$5.92K |
Top Sellers
| 1 |
Wells Fargo
San Francisco,
California
|
-$224K |
| 2 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$106K |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$15.4K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$15.2K |
| 5 |
BlackRock
New York
|
-$4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$263 | -151 | -74% |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$2 | +1 | New |
|
28
Bank of America
Charlotte,
North Carolina
| – | +$349 | +200 | New |
|
FAC Hedge Fund Activity: Q3 2013 in Review
28 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Acceptance Corp. (FAC) for Q3 2013, worth a combined $11.6M — up 5.6% from $11M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FAC positions and 1 closed out — a net gain of 3 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Second Curve Capital, adding an estimated $173K. The largest seller was Wells Fargo, cutting an estimated $224K.
- 28 institutional investors held First Acceptance Corp. (FAC) as of Q3 2013, up from 25 in Q2 2013.
- Funds reported $11.6M of First Acceptance Corp. stock for Q3 2013, up 5.6% quarter-over-quarter.
- 4 funds opened new First Acceptance Corp. positions in Q3 2013 and 1 closed out, a net change of +3 holders.
- The largest First Acceptance Corp. buyer in Q3 2013 was Second Curve Capital, an estimated $173K added.
- The largest First Acceptance Corp. seller in Q3 2013 was Wells Fargo, an estimated $224K sold.
Based on aggregated 13F filings for Q3 2013.