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FirstCash

234 hedge funds and large institutions have $3.68B invested in FirstCash in 2019 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 75 increasing their positions, 99 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

20% more capital invested

Capital invested by funds: $3.07B → $3.68B (+$616M)

0.75% more ownership

Funds ownership: 97.09%97.85% (+0.75%)

8% less funds holding

Funds holding: 253234 (-19)

24% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 99

46% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 39

50% less call options, than puts

Call options by funds: $2.6M | Put options by funds: $5.16M

Holders
234
Holders Change
-19
Holders Change %
-7.51%
% of All Funds
5.06%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
21
Increased
75
Reduced
99
Closed
39
Calls
$2.6M
Puts
$5.16M
Net Calls
-$2.56M
Net Calls Change
-$2.69M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
51
Morgan Stanley
New York
$9.44M -$11.4M -136,624 -56%
RHJA
52
Rice Hall James & Associates
California
$8.76M -$523K -6,272 -6%
PPA
53
Parametric Portfolio Associates
Washington
$7.99M -$1.43M -17,128 -16%
DIA
54
Davidson Investment Advisors
Montana
$7.48M -$115K -1,377 -2%
HW
55
Hancock Whitney
Mississippi
$7.09M -$1.25M -15,000 -15%
PAM
56
Panagora Asset Management
Massachusetts
$6.99M -$4.43M -53,024 -40%
Swiss National Bank
57
Swiss National Bank
Switzerland
$6.92M +$125K +1,500 +2%
Millennium Management
58
Millennium Management
New York
$6.68M +$6.45M +77,285 New
Prudential Financial
59
Prudential Financial
New Jersey
$6.33M +$43.6K +522 +0.7%
EAM
60
Erste Asset Management
Austria
$6.18M +$501K +6,000 +9%
Ohio Public Employees Retirement System (OPERS)
61
Ohio Public Employees Retirement System (OPERS)
Ohio
$6.1M -$3.64M -43,561 -38%
AllianceBernstein
62
AllianceBernstein
Tennessee
$6.04M -$40.1K -480 -0.7%
ASRS
63
Arizona State Retirement System
Arizona
$5.81M -$24.7K -296 -0.4%
California State Teachers Retirement System (CalSTRS)
64
California State Teachers Retirement System (CalSTRS)
California
$5.66M -$219K -2,624 -4%
D.E. Shaw & Co
65
D.E. Shaw & Co
New York
$5.23M -$3.44M -41,226 -41%
AQR Capital Management
66
AQR Capital Management
Connecticut
$5.14M -$1.44M -17,220 -22%
Canada Life
67
Canada Life
Manitoba, Canada
$5.09M +$133K +1,596 +3%
Deutsche Bank
68
Deutsche Bank
Germany
$5.09M -$1.57M -18,755 -24%
Public Sector Pension Investment Board (PSP Investments)
69
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$4.83M +$1.42M +16,994 +44%
AIA
70
Avalon Investment & Advisory
Texas
$4.8M +$51.9K +622 +1%
CAM
71
Crown Advisors Management
California
$4.76M +$835K +10,000 +22%
Comerica Bank
72
Comerica Bank
Texas
$3.91M +$45.2K +541 +1%
Natixis Advisors
73
Natixis Advisors
Massachusetts
$3.83M +$1.28M +15,333 +53%
Citigroup
74
Citigroup
New York
$3.58M +$1.2M +14,368 +53%
Luther King Capital Management (LKCM)
75
Luther King Capital Management (LKCM)
Texas
$3.42M -$1.16M -13,870 -26%

FCFS Hedge Fund Activity: Q1 2019 in Review

234 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q1 2019, worth a combined $3.68B — up 20% from $3.07B a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of FCFS and 21 opened new positions — a net loss of 18 holders — while 99 trimmed existing stakes and 75 added.

The largest buyer was Fidelity Investments, adding an estimated $81M. The largest seller was JP Morgan Chase, cutting an estimated $25.9M.

  • 234 institutional investors held FirstCash (FCFS) as of Q1 2019, down from 253 in Q4 2018.
  • Funds reported $3.68B of FirstCash stock for Q1 2019, up 20% quarter-over-quarter.
  • 21 funds opened new FirstCash positions in Q1 2019 and 39 closed out, a net change of -18 holders.
  • The largest FirstCash buyer in Q1 2019 was Fidelity Investments, an estimated $81M added.
  • The largest FirstCash seller in Q1 2019 was JP Morgan Chase, an estimated $25.9M sold.

Based on aggregated 13F filings for Q1 2019.