FirstCash
FCFS
256 hedge funds and large institutions have $3.44B invested in FirstCash in 2023 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 111 increasing their positions, 76 reducing their positions, and 27 closing their positions.
19,074% more call options, than puts
Call options by funds: $7.29M | Put options by funds: $38K
46% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 76
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
15% more capital invested
Capital invested by funds: $3B → $3.44B (+$444M)
2.24% more ownership
Funds ownership: 76.57% → 78.81% (+2.2%)
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
0% less funds holding
Funds holding: 257 → 256 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$33.9M |
| 2 |
BlackRock
New York
|
+$26.9M |
| 3 |
Rockefeller Capital Management
New York
|
+$24M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$20.6M |
| 5 |
JP Morgan Chase
New York
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$26M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$19M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$16.1M |
| 4 |
Millennium Management
New York
|
-$8.74M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$7.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Balyasny Asset Management
Chicago,
Illinois
| – | -$22K | -253 | Closed |
|
|
DFCM
277
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$20.2K | -232 | Closed |
|
|
OIS
278
Okabena Investment Services
Minneapolis,
Minnesota
| – | -$11.5K | -132 | Closed |
|
|
QL
279
Quarry LP
New York
| – | -$8.52K | -98 | Closed |
|
|
CAL
280
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$8.39K | -93 | -96% |
|
|
MRCM
281
M&R Capital Management
Summit,
New Jersey
| – | -$2.08K | -24 | Closed |
|
|
SWA
282
Sutton Wealth Advisors
Tampa,
Florida
| – | -$782 | -9 | Closed |
|
|
ANBT
283
American National Bank & Trust
Wichita Falls,
Texas
| – | -$1K | -4 | Closed |
|
FCFS Hedge Fund Activity: Q1 2023 in Review
256 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q1 2023, worth a combined $3.44B — up 15% from $3B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new FCFS positions and 27 closed out — a net gain of 1 holder — while 111 added to existing stakes and 76 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $33.9M. The largest seller was Goldman Sachs, cutting an estimated $26M.
- 256 institutional investors held FirstCash (FCFS) as of Q1 2023, down from 257 in Q4 2022.
- Funds reported $3.44B of FirstCash stock for Q1 2023, up 15% quarter-over-quarter.
- 28 funds opened new FirstCash positions in Q1 2023 and 27 closed out, a net change of +1 holder.
- The largest FirstCash buyer in Q1 2023 was Envestnet Asset Management, an estimated $33.9M added.
- The largest FirstCash seller in Q1 2023 was Goldman Sachs, an estimated $26M sold.
Based on aggregated 13F filings for Q1 2023.