FirstCash
FCFS
218 hedge funds and large institutions have $3.02B invested in FirstCash in 2017 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 63 increasing their positions, 83 reducing their positions, and 15 closing their positions.
147% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 15
10% more funds holding
Funds holding: 198 → 218 (+20)
4% more capital invested
Capital invested by funds: $2.91B → $3.02B (+$115M)
1.47% less ownership
Funds ownership: 96.44% → 94.98% (-1.5%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
24% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 83
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$23.2M |
| 2 |
Renaissance Technologies
New York
|
+$21.8M |
| 3 |
RI
Redwood Investments
Boston,
Massachusetts
|
+$11.8M |
| 4 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$10.9M |
| 5 |
AP
AHL Partners
London,
United Kingdom
|
+$8.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$31.1M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$27.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$18.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.4M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$14.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FQ
226
First Quadrant
Glendale,
California
| – | -$339K | -5,373 | Closed |
|
|
TRCT
227
Tower Research Capital (TRC)
New York
| – | -$315K | -4,991 | Closed |
|
228
Verition Fund Management
Greenwich,
Connecticut
| – | -$244K | -3,870 | Closed |
|
|
HIMCH
229
Hartford Investment Management Co (HIMCO)
Hartford,
Connecticut
| – | -$208K | -3,300 | Closed |
|
|
MF
230
Magnetar Financial
Evanston,
Illinois
| – | -$202K | -3,206 | Closed |
|
|
WAM
231
World Asset Management
Detroit,
Michigan
| – | -$202K | -3,196 | Closed |
|
|
TDC
232
Thompson Davis & Co
Richmond,
Virginia
| – | -$36K | -577 | Closed |
|
|
AIM
233
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$13K | -203 | Closed |
|
FCFS Hedge Fund Activity: Q4 2017 in Review
218 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q4 2017, worth a combined $3.02B — up 4% from $2.91B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FCFS positions and 15 closed out — a net gain of 22 holders — while 63 added to existing stakes and 83 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $23.2M. The largest seller was Fiduciary Management Inc, cutting an estimated $31.1M.
- 218 institutional investors held FirstCash (FCFS) as of Q4 2017, up from 198 in Q3 2017.
- Funds reported $3.02B of FirstCash stock for Q4 2017, up 4% quarter-over-quarter.
- 37 funds opened new FirstCash positions in Q4 2017 and 15 closed out, a net change of +22 holders.
- The largest FirstCash buyer in Q4 2017 was Wellington Management Group, an estimated $23.2M added.
- The largest FirstCash seller in Q4 2017 was Fiduciary Management Inc, an estimated $31.1M sold.
Based on aggregated 13F filings for Q4 2017.