First Acceptance Corp.
FAC
FAC was delisted on the 6th of April, 2018.
29 hedge funds and large institutions have $19.1M invested in First Acceptance Corp. in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
4% more funds holding
Funds holding: 28 → 29 (+1)
2% less capital invested
Capital invested by funds: $19.5M → $19.1M (-$407K)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$782K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$36.4K |
| 3 |
Renaissance Technologies
New York
|
+$21.1K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.6K |
| 5 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$4.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$203K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$28K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$20.4K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$10.6K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$9.75K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Citadel Advisors
Miami,
Florida
| – | -$28K | -11,044 | Closed |
|
27
Envestnet Asset Management
Chicago,
Illinois
| – | -$1K | -416 | Closed |
|
28
Citigroup
New York
| – | +$55 | +23 | New |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | +$134 | +56 | +47% |
|
30
Barclays
London,
United Kingdom
| – | +$180 | +75 | New |
|
|
DBT
31
Dubuque Bank & Trust
Dubuque,
Iowa
| – | +$180 | +75 | New |
|
FAC Hedge Fund Activity: Q1 2015 in Review
29 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in First Acceptance Corp. (FAC) for Q1 2015, worth a combined $19.1M — down 2.1% from $19.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FAC positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Second Curve Capital, adding an estimated $782K. The largest seller was Nationwide Fund Advisors, cutting an estimated $203K.
- 29 institutional investors held First Acceptance Corp. (FAC) as of Q1 2015, up from 28 in Q4 2014.
- Funds reported $19.1M of First Acceptance Corp. stock for Q1 2015, down 2.1% quarter-over-quarter.
- 3 funds opened new First Acceptance Corp. positions in Q1 2015 and 2 closed out, a net change of +1 holder.
- The largest First Acceptance Corp. buyer in Q1 2015 was Second Curve Capital, an estimated $782K added.
- The largest First Acceptance Corp. seller in Q1 2015 was Nationwide Fund Advisors, an estimated $203K sold.
Based on aggregated 13F filings for Q1 2015.