FirstCash
FCFS
318 hedge funds and large institutions have $3.98B invested in FirstCash in 2023 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 110 increasing their positions, 93 reducing their positions, and 15 closing their positions.
340% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 15
270% more call options, than puts
Call options by funds: $42.9M | Put options by funds: $11.6M
18% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 93
18% more funds holding
Funds holding: 270 → 318 (+48)
10% more capital invested
Capital invested by funds: $3.6B → $3.98B (+$376M)
1.82% more ownership
Funds ownership: 79.57% → 81.38% (+1.8%)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$48.3M |
| 2 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
+$26.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$23.8M |
| 4 |
BlackRock
New York
|
+$23.1M |
| 5 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$143M |
| 2 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$31.8M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$17.6M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$11.9M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$8.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FBT
326
First Bank & Trust
Brookings,
South Dakota
| – | -$219K | -2,184 | Closed |
|
|
GT
327
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$211K | -2,102 | Closed |
|
328
Allspring Global Investments
Charlotte,
North Carolina
| – | -$125K | -1,241 | Closed |
|
|
HL
329
HeadInvest LLC
Portland,
Maine
| – | -$50.5K | -504 | Closed |
|
|
PPC
330
Park Place Capital
Homewood,
Alabama
| – | -$29.9K | -298 | Closed |
|
|
UB
331
UMB Bank
Kansas City,
Missouri
| – | -$5.32K | -53 | Closed |
|
332
Fisher Asset Management
Camas,
Washington
| – | -$2.11K | -21 | Closed |
|
|
BAAM
333
Baker Avenue Asset Management
San Francisco,
California
| – | -$1K | -10 | Closed |
|
FCFS Hedge Fund Activity: Q4 2023 in Review
318 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q4 2023, worth a combined $3.98B — up 10% from $3.6B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new FCFS positions and 15 closed out — a net gain of 51 holders — while 110 added to existing stakes and 93 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $48.3M. The largest seller was Fidelity Investments, cutting an estimated $143M.
- 318 institutional investors held FirstCash (FCFS) as of Q4 2023, up from 270 in Q3 2023.
- Funds reported $3.98B of FirstCash stock for Q4 2023, up 10% quarter-over-quarter.
- 66 funds opened new FirstCash positions in Q4 2023 and 15 closed out, a net change of +51 holders.
- The largest FirstCash buyer in Q4 2023 was Morgan Stanley, an estimated $48.3M added.
- The largest FirstCash seller in Q4 2023 was Fidelity Investments, an estimated $143M sold.
Based on aggregated 13F filings for Q4 2023.