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
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$652K |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$136K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$87.6K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$27.5K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$11.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rotella Capital Management
Bellevue,
Washington
|
-$80K |
| 2 |
Goldman Sachs
New York
|
-$27K |
| 3 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$26K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$22K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$20K |
FAC Hedge Fund Activity: Q4 2014 in Review
28 of the 3,765 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.