First Acceptance Corp.
FAC
FAC was delisted on the 6th of April, 2018.
24 hedge funds and large institutions have $15M invested in First Acceptance Corp. in 2016 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 4 closing their positions.
14% less funds holding
Funds holding: 28 → 24 (-4)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
25% less capital invested
Capital invested by funds: $19.9M → $15M (-$4.89M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| 1 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$36.4K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$23.9K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$21.6K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$5.41K |
| 5 |
Renaissance Technologies
New York
|
+$4.02K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| – | -$2K | -1,000 | Closed |
|
FAC Hedge Fund Activity: Q1 2016 in Review
24 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Acceptance Corp. (FAC) for Q1 2016, worth a combined $15M — down 25% from $19.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FAC and 0 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was Shepherd Kaplan Krochuk, adding an estimated $36.4K. The largest seller was Jacobs Levy Equity Management, exiting entirely with an estimated $25K sold.
- 24 institutional investors held First Acceptance Corp. (FAC) as of Q1 2016, down from 28 in Q4 2015.
- Funds reported $15M of First Acceptance Corp. stock for Q1 2016, down 25% quarter-over-quarter.
- 0 funds opened new First Acceptance Corp. positions in Q1 2016 and 4 closed out, a net change of -4 holders.
- The largest First Acceptance Corp. buyer in Q1 2016 was Shepherd Kaplan Krochuk, an estimated $36.4K added.
- The largest First Acceptance Corp. seller in Q1 2016 was Jacobs Levy Equity Management, an estimated $25K sold.
Based on aggregated 13F filings for Q1 2016.