FirstCash
FCFS
247 hedge funds and large institutions have $3.57B invested in FirstCash in 2018 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 76 increasing their positions, 86 reducing their positions, and 14 closing their positions.
236% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 14
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
18% more capital invested
Capital invested by funds: $3.02B → $3.57B (+$551M)
13% more funds holding
Funds holding: 218 → 247 (+29)
0.37% less ownership
Funds ownership: 94.98% → 94.61% (-0.37%)
12% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 86
28% less call options, than puts
Call options by funds: $1.42M | Put options by funds: $1.98M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$32.7M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$27.6M |
| 3 |
Renaissance Technologies
New York
|
+$21.5M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$20.7M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$58.1M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$26.6M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$23.7M |
| 4 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$19.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSA
251
Schonfeld Strategic Advisors
New York
| – | -$599K | -8,875 | Closed |
|
|
BCM
252
Bayesian Capital Management
Brooklyn,
New York
| – | -$337K | -5,000 | Closed |
|
|
TI
253
Trexquant Investment
Stamford,
Connecticut
| – | -$335K | -4,974 | Closed |
|
|
HA
254
Heartland Advisors
Milwaukee,
Wisconsin
| – | -$310K | -4,599 | Closed |
|
|
ZB
255
Zions Bancorporation
Salt Lake City,
Utah
| – | -$234K | -3,465 | Closed |
|
|
STA
256
Summit Trail Advisors
New York
| – | -$161K | -2,310 | Closed |
|
|
II
257
Inspire Investing
Meridian,
Idaho
| – | -$57K | -841 | Closed |
|
|
EWM
258
Evercore Wealth Management
New York
| – | -$13K | -200 | Closed |
|
259
Walleye Trading
New York
| – | -$5.45K | -73 | Closed |
|
|
GWM
260
Geneos Wealth Management
Englewood,
Colorado
| – | -$2K | -42 | Closed |
|
|
PWM
261
Paulson Wealth Management
Wheaton,
Illinois
| – | -$2K | -33 | Closed |
|
FCFS Hedge Fund Activity: Q1 2018 in Review
247 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q1 2018, worth a combined $3.57B — up 18% from $3.02B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new FCFS positions and 14 closed out — a net gain of 33 holders — while 76 added to existing stakes and 86 trimmed.
The largest buyer was William Blair Investment Management, adding an estimated $32.7M. The largest seller was Wellington Management Group, cutting an estimated $58.1M.
- 247 institutional investors held FirstCash (FCFS) as of Q1 2018, up from 218 in Q4 2017.
- Funds reported $3.57B of FirstCash stock for Q1 2018, up 18% quarter-over-quarter.
- 47 funds opened new FirstCash positions in Q1 2018 and 14 closed out, a net change of +33 holders.
- The largest FirstCash buyer in Q1 2018 was William Blair Investment Management, an estimated $32.7M added.
- The largest FirstCash seller in Q1 2018 was Wellington Management Group, an estimated $58.1M sold.
Based on aggregated 13F filings for Q1 2018.