FirstCash
FCFS
183 hedge funds and large institutions have $2.04B invested in FirstCash in 2016 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 71 increasing their positions, 57 reducing their positions, and 36 closing their positions.
100% more call options, than puts
Call options by funds: $484K | Put options by funds: $242K
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
25% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 57
1.72% more ownership
Funds ownership: 87.68% → 89.4% (+1.7%)
2% more capital invested
Capital invested by funds: $1.99B → $2.04B (+$48.2M)
6% less funds holding
Funds holding: 195 → 183 (-12)
25% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$25M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$15.7M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$12.9M |
| 4 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$9.32M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$8.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$15.6M |
| 2 |
Millennium Management
New York
|
-$13.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$8.19M |
| 4 |
Two Sigma Investments
New York
|
-$8.08M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$6.33M |
FCFS Hedge Fund Activity: Q4 2016 in Review
183 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q4 2016, worth a combined $2.04B — up 2.4% from $1.99B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of FCFS and 27 opened new positions — a net loss of 9 holders — while 57 trimmed existing stakes and 71 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $25M. The largest seller was Dimensional Fund Advisors, cutting an estimated $15.6M.
- 183 institutional investors held FirstCash (FCFS) as of Q4 2016, down from 195 in Q3 2016.
- Funds reported $2.04B of FirstCash stock for Q4 2016, up 2.4% quarter-over-quarter.
- 27 funds opened new FirstCash positions in Q4 2016 and 36 closed out, a net change of -9 holders.
- The largest FirstCash buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $25M added.
- The largest FirstCash seller in Q4 2016 was Dimensional Fund Advisors, an estimated $15.6M sold.
Based on aggregated 13F filings for Q4 2016.