FirstCash
FCFS
270 hedge funds and large institutions have $3.6B invested in FirstCash in 2023 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 85 increasing their positions, 107 reducing their positions, and 36 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 5 → 10 (+5)
23% more call options, than puts
Call options by funds: $12.1M | Put options by funds: $9.82M
10% more capital invested
Capital invested by funds: $3.26B → $3.6B (+$339M)
2.36% more ownership
Funds ownership: 77.21% → 79.57% (+2.4%)
8% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 36
1% less funds holding
Funds holding: 274 → 270 (-4)
21% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 107
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$18.5M |
| 2 |
FSCM
First Sabrepoint Capital Management
Dallas,
Texas
|
+$15.3M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$14.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.8M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$11.6M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$11.3M |
| 3 |
NSGL
No Street GP LP
San Francisco,
California
|
-$7.69M |
| 4 |
FIM
FWL Investment Management
Dallas,
Texas
|
-$5.65M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$5.35M |
FCFS Hedge Fund Activity: Q3 2023 in Review
270 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q3 2023, worth a combined $3.6B — up 10% from $3.26B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of FCFS and 33 opened new positions — a net loss of 3 holders — while 107 trimmed existing stakes and 85 added.
The largest buyer was Hood River Capital Management, adding an estimated $18.5M. The largest seller was Wells Fargo, cutting an estimated $11.6M.
- 270 institutional investors held FirstCash (FCFS) as of Q3 2023, down from 274 in Q2 2023.
- Funds reported $3.6B of FirstCash stock for Q3 2023, up 10% quarter-over-quarter.
- 33 funds opened new FirstCash positions in Q3 2023 and 36 closed out, a net change of -3 holders.
- The largest FirstCash buyer in Q3 2023 was Hood River Capital Management, an estimated $18.5M added.
- The largest FirstCash seller in Q3 2023 was Wells Fargo, an estimated $11.6M sold.
Based on aggregated 13F filings for Q3 2023.