First Acceptance Corp.
FAC
FAC was delisted on the 6th of April, 2018.
19 hedge funds and large institutions have $9.31M invested in First Acceptance Corp. in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 4 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
10% less funds holding
Funds holding: 21 → 19 (-2)
16% less capital invested
Capital invested by funds: $11.1M → $9.31M (-$1.74M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
+$125K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$17.7K |
| 3 |
Renaissance Technologies
New York
|
+$6.78K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$2.99K |
| 5 |
BlackRock
New York
|
+$1.92K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$125K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$36.3K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$14K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1K |
FAC Hedge Fund Activity: Q2 2017 in Review
19 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Acceptance Corp. (FAC) for Q2 2017, worth a combined $9.31M — down 16% from $11.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FAC and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 5 added.
The largest buyer was First Wilshire Securities Management, adding an estimated $125K. The largest seller was Vanguard Group, cutting an estimated $125K.
- 19 institutional investors held First Acceptance Corp. (FAC) as of Q2 2017, down from 21 in Q1 2017.
- Funds reported $9.31M of First Acceptance Corp. stock for Q2 2017, down 16% quarter-over-quarter.
- 2 funds opened new First Acceptance Corp. positions in Q2 2017 and 4 closed out, a net change of -2 holders.
- The largest First Acceptance Corp. buyer in Q2 2017 was First Wilshire Securities Management, an estimated $125K added.
- The largest First Acceptance Corp. seller in Q2 2017 was Vanguard Group, an estimated $125K sold.
Based on aggregated 13F filings for Q2 2017.