FirstCash
FCFS
249 hedge funds and large institutions have $3.4B invested in FirstCash in 2018 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 78 increasing their positions, 116 reducing their positions, and 42 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.69% less ownership
Funds ownership: 94.48% → 93.78% (-0.69%)
8% less funds holding
Funds holding: 270 → 249 (-21)
12% less capital invested
Capital invested by funds: $3.85B → $3.4B (-$448M)
24% less call options, than puts
Call options by funds: $1.17M | Put options by funds: $1.54M
33% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 116
48% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$40.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$16.8M |
| 3 |
Renaissance Technologies
New York
|
+$12.2M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$10.6M |
| 5 |
BlackRock
New York
|
+$7.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$25.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$21.6M |
| 3 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$21.1M |
| 4 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$17.7M |
| 5 |
JP Morgan Chase
New York
|
-$15.7M |
FCFS Hedge Fund Activity: Q3 2018 in Review
249 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q3 2018, worth a combined $3.4B — down 12% from $3.85B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of FCFS and 22 opened new positions — a net loss of 20 holders — while 116 trimmed existing stakes and 78 added.
The largest buyer was Fidelity Investments, adding an estimated $40.1M. The largest seller was Arrowstreet Capital, cutting an estimated $25.2M.
- 249 institutional investors held FirstCash (FCFS) as of Q3 2018, down from 270 in Q2 2018.
- Funds reported $3.4B of FirstCash stock for Q3 2018, down 12% quarter-over-quarter.
- 22 funds opened new FirstCash positions in Q3 2018 and 42 closed out, a net change of -20 holders.
- The largest FirstCash buyer in Q3 2018 was Fidelity Investments, an estimated $40.1M added.
- The largest FirstCash seller in Q3 2018 was Arrowstreet Capital, an estimated $25.2M sold.
Based on aggregated 13F filings for Q3 2018.