FirstCash
FCFS
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.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+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: 253 → 234 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$81M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.8M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$15.8M |
| 4 |
RG
Rathbones Group
Liverpool,
United Kingdom
|
+$10.3M |
| 5 |
Man Group
London,
United Kingdom
|
+$9.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$25.9M |
| 2 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$20.1M |
| 3 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$18.7M |
| 4 |
Morgan Stanley
New York
|
-$11.4M |
| 5 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$11M |
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.