First Acceptance Corp.
FAC
FAC was delisted on the 6th of April, 2018.
28 hedge funds and large institutions have $19.5M invested in First Acceptance Corp. in 2014 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 6 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
6% more capital invested
Capital invested by funds: $18.4M → $19.5M (+$1.16M)
13% less funds holding
Funds holding: 32 → 28 (-4)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Envestnet Asset Management
Chicago,
Illinois
| $1K | +$1.03K | +416 | New |
|
27
BNP Paribas Financial Markets
Paris,
France
| $3 | – | – | – |
|
|
RCM
28
Rotella Capital Management
Bellevue,
Washington
| – | -$80K | -32,121 | Closed |
|
29
Goldman Sachs
New York
| – | -$27K | -10,777 | Closed |
|
|
ZIM
30
ZPR Investment Management
Orange City,
Florida
| – | -$26K | -10,426 | Closed |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$20K | -7,854 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$3.93K | -1,580 | -93% |
|
FAC Hedge Fund Activity: Q4 2014 in Review
28 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Acceptance Corp. (FAC) for Q4 2014, worth a combined $19.5M — up 6.3% from $18.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FAC and 3 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was Second Curve Capital, adding an estimated $652K. The largest seller was Rotella Capital Management, exiting entirely with an estimated $80K sold.
- 28 institutional investors held First Acceptance Corp. (FAC) as of Q4 2014, down from 32 in Q3 2014.
- Funds reported $19.5M of First Acceptance Corp. stock for Q4 2014, up 6.3% quarter-over-quarter.
- 3 funds opened new First Acceptance Corp. positions in Q4 2014 and 6 closed out, a net change of -3 holders.
- The largest First Acceptance Corp. buyer in Q4 2014 was Second Curve Capital, an estimated $652K added.
- The largest First Acceptance Corp. seller in Q4 2014 was Rotella Capital Management, an estimated $80K sold.
Based on aggregated 13F filings for Q4 2014.