First Acceptance Corp.
FAC
FAC was delisted on the 6th of April, 2018.
24 hedge funds and large institutions have $15.2M invested in First Acceptance Corp. in 2013 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 5 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
31% more capital invested
Capital invested by funds: $11.6M → $15.2M (+$3.59M)
14% less funds holding
Funds holding: 28 → 24 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$830K |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$101K |
| 3 |
Renaissance Technologies
New York
|
+$31.6K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.02K |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$3.59K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$602K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$165K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$28.4K |
| 4 |
KMC
Kirr Marbach & Co
Columbus,
Indiana
|
-$21K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$16.9K |
FAC Hedge Fund Activity: Q4 2013 in Review
24 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in First Acceptance Corp. (FAC) for Q4 2013, worth a combined $15.2M — up 31% from $11.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FAC and 1 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Second Curve Capital, adding an estimated $830K. The largest seller was Roumell Asset Management, exiting entirely with an estimated $602K sold.
- 24 institutional investors held First Acceptance Corp. (FAC) as of Q4 2013, down from 28 in Q3 2013.
- Funds reported $15.2M of First Acceptance Corp. stock for Q4 2013, up 31% quarter-over-quarter.
- 1 fund opened new First Acceptance Corp. positions in Q4 2013 and 5 closed out, a net change of -4 holders.
- The largest First Acceptance Corp. buyer in Q4 2013 was Second Curve Capital, an estimated $830K added.
- The largest First Acceptance Corp. seller in Q4 2013 was Roumell Asset Management, an estimated $602K sold.
Based on aggregated 13F filings for Q4 2013.