First Acceptance Corp.
FAC
FAC was delisted on the 6th of April, 2018.
25 hedge funds and large institutions have $11.7M invested in First Acceptance Corp. in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
4% more funds holding
Funds holding: 24 → 25 (+1)
22% less capital invested
Capital invested by funds: $15M → $11.7M (-$3.37M)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$18.8K |
| 2 |
Renaissance Technologies
New York
|
+$11.6K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.65K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.37K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$23.5K |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$22.4K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$19.7K |
| 4 |
SIM
Spark Investment Management
New York
|
-$6.29K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.07K |
FAC Hedge Fund Activity: Q2 2016 in Review
25 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in First Acceptance Corp. (FAC) for Q2 2016, worth a combined $11.7M — down 22% from $15M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FAC positions and 1 closed out — a net gain of 1 holder — while 5 added to existing stakes and 9 trimmed.
The largest buyer was UBS Group, opening a new position worth an estimated $18.8K. The largest seller was Vanguard Group, cutting an estimated $23.5K.
- 25 institutional investors held First Acceptance Corp. (FAC) as of Q2 2016, up from 24 in Q1 2016.
- Funds reported $11.7M of First Acceptance Corp. stock for Q2 2016, down 22% quarter-over-quarter.
- 2 funds opened new First Acceptance Corp. positions in Q2 2016 and 1 closed out, a net change of +1 holder.
- The largest First Acceptance Corp. buyer in Q2 2016 was UBS Group, an estimated $18.8K added.
- The largest First Acceptance Corp. seller in Q2 2016 was Vanguard Group, an estimated $23.5K sold.
Based on aggregated 13F filings for Q2 2016.