First Acceptance Corp.
FAC
FAC was delisted on the 6th of April, 2018.
26 hedge funds and large institutions have $18M invested in First Acceptance Corp. in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 3 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
19% more capital invested
Capital invested by funds: $15.2M → $18M (+$2.85M)
8% more funds holding
Funds holding: 24 → 26 (+2)
Top Buyers
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$1.69M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$340K |
| 3 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$229K |
| 4 |
Renaissance Technologies
New York
|
+$179K |
| 5 |
N
Natixis
Paris,
France
|
+$65.7K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
BNP Paribas Financial Markets
Paris,
France
| $79 | – | – | – |
|
|
PPA
27
Parametric Portfolio Associates
Seattle,
Washington
| – | -$55K | -24,314 | Closed |
|
28
Barclays
London,
United Kingdom
| – | -$28K | -14,238 | Closed |
|
FAC Hedge Fund Activity: Q1 2014 in Review
26 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Acceptance Corp. (FAC) for Q1 2014, worth a combined $18M — up 19% from $15.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FAC positions and 3 closed out — a net gain of 2 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Second Curve Capital, adding an estimated $1.69M. The largest seller was Wells Fargo, cutting an estimated $1.13M.
- 26 institutional investors held First Acceptance Corp. (FAC) as of Q1 2014, up from 24 in Q4 2013.
- Funds reported $18M of First Acceptance Corp. stock for Q1 2014, up 19% quarter-over-quarter.
- 5 funds opened new First Acceptance Corp. positions in Q1 2014 and 3 closed out, a net change of +2 holders.
- The largest First Acceptance Corp. buyer in Q1 2014 was Second Curve Capital, an estimated $1.69M added.
- The largest First Acceptance Corp. seller in Q1 2014 was Wells Fargo, an estimated $1.13M sold.
Based on aggregated 13F filings for Q1 2014.