First Acceptance Corp.
FAC
FAC was delisted on the 6th of April, 2018.
4 hedge funds and large institutions have $146K invested in First Acceptance Corp. in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 17 closing their positions.
80% less funds holding
Funds holding: 20 → 4 (-16)
94% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 17
98% less capital invested
Capital invested by funds: $6.75M → $146K (-$6.61M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Sippican Capital Advisors
Boston,
Massachusetts
|
+$36.2K |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
+$28.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$3.49M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$348K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$340K |
| 5 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$315K |
FAC Hedge Fund Activity: Q2 2018 in Review
4 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in First Acceptance Corp. (FAC) for Q2 2018, worth a combined $146K — down 98% from $6.75M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FAC and 1 opened new positions — a net loss of 16 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Sippican Capital Advisors, adding an estimated $36.2K. The largest seller was Second Curve Capital, exiting entirely with an estimated $3.49M sold.
- 4 institutional investors held First Acceptance Corp. (FAC) as of Q2 2018, down from 20 in Q1 2018.
- Funds reported $146K of First Acceptance Corp. stock for Q2 2018, down 98% quarter-over-quarter.
- 1 fund opened new First Acceptance Corp. positions in Q2 2018 and 17 closed out, a net change of -16 holders.
- The largest First Acceptance Corp. buyer in Q2 2018 was Sippican Capital Advisors, an estimated $36.2K added.
- The largest First Acceptance Corp. seller in Q2 2018 was Second Curve Capital, an estimated $3.49M sold.
Based on aggregated 13F filings for Q2 2018.