FirstCash
FCFS
140 hedge funds and large institutions have $1B invested in FirstCash in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 57 increasing their positions, 52 reducing their positions, and 22 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
10% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 52
5% less funds holding
Funds holding: 148 → 140 (-8)
8% less capital invested
Capital invested by funds: $1.09B → $1B (-$92.9M)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
42% less call options, than puts
Call options by funds: $398K | Put options by funds: $692K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$44.9M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$20M |
| 3 |
NSCM
New South Capital Management
Memphis,
Tennessee
|
+$14.2M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$12.2M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$9.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$55.2M |
| 2 |
Lazard Asset Management
New York
|
-$27M |
| 3 |
Goldman Sachs
New York
|
-$22.8M |
| 4 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$12.9M |
| 5 |
Renaissance Technologies
New York
|
-$8.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AL
151
Airain Ltd
St. Peter Port,
Guernsey
| – | -$506K | -11,091 | Closed |
|
|
TC
152
TFS Capital
West Chester,
Pennsylvania
| – | -$483K | -10,584 | Closed |
|
|
ARTA
153
A.R.T. Advisors
New York
| – | -$321K | -7,049 | Closed |
|
154
Wellington Management Group
Boston,
Massachusetts
| – | -$281K | -6,167 | Closed |
|
|
TI
155
Trexquant Investment
Stamford,
Connecticut
| – | -$272K | -5,969 | Closed |
|
|
PA
156
Profund Advisors
Bethesda,
Maryland
| – | -$263K | -5,779 | Closed |
|
|
SCM
157
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$206K | -4,517 | Closed |
|
|
SC
158
Scotia Capital
Toronto,
Ontario, Canada
| – | -$202K | -4,400 | Closed |
|
|
TRCT
159
Tower Research Capital (TRC)
New York
| – | -$82.3K | -2,009 | -100% |
|
|
JG
160
Jefferies Group
New York
| – | -$56K | -1,232 | Closed |
|
161
SEI Investments
Oaks,
Pennsylvania
| – | -$40K | -869 | Closed |
|
|
LTFS
162
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$5K | -107 | Closed |
|
|
KT
163
Kanaly Trust
Houston,
Texas
| – | -$2K | -34 | Closed |
|
FCFS Hedge Fund Activity: Q3 2015 in Review
140 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q3 2015, worth a combined $1B — down 8.5% from $1.09B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FCFS and 15 opened new positions — a net loss of 7 holders — while 52 trimmed existing stakes and 57 added.
The largest buyer was Fiduciary Management Inc, opening a new position worth an estimated $44.9M. The largest seller was William Blair & Company, cutting an estimated $55.2M.
- 140 institutional investors held FirstCash (FCFS) as of Q3 2015, down from 148 in Q2 2015.
- Funds reported $1B of FirstCash stock for Q3 2015, down 8.5% quarter-over-quarter.
- 15 funds opened new FirstCash positions in Q3 2015 and 22 closed out, a net change of -7 holders.
- The largest FirstCash buyer in Q3 2015 was Fiduciary Management Inc, an estimated $44.9M added.
- The largest FirstCash seller in Q3 2015 was William Blair & Company, an estimated $55.2M sold.
Based on aggregated 13F filings for Q3 2015.