FirstCash
FCFS
198 hedge funds and large institutions have $2.91B invested in FirstCash in 2017 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 67 increasing their positions, 72 reducing their positions, and 11 closing their positions.
136% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 11
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
10% more capital invested
Capital invested by funds: $2.64B → $2.91B (+$265M)
8% more funds holding
Funds holding: 184 → 198 (+14)
2.63% more ownership
Funds ownership: 93.81% → 96.44% (+2.6%)
7% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$17.6M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$15M |
| 3 |
Renaissance Technologies
New York
|
+$14M |
| 4 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$9.85M |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$8.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$17.1M |
| 2 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$12.5M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$10.7M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$7.95M |
| 5 |
JP Morgan Chase
New York
|
-$5.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
201
Oxford Asset Management
Oxford,
United Kingdom
| – | -$888K | -15,227 | Closed |
|
202
Squarepoint
New York
| – | -$323K | -5,545 | Closed |
|
|
HT
203
HighTower Trust
Houston,
Texas
| – | -$269K | -4,620 | Closed |
|
204
Chevy Chase Trust
Bethesda,
Maryland
| – | -$256K | -4,394 | Closed |
|
|
CSS
205
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$143K | -2,449 | Closed |
|
206
Creative Planning
Overland Park,
Kansas
| – | -$81K | -1,389 | Closed |
|
|
PHK
207
Point72 Hong Kong
Hong Kong
| – | -$69K | -1,190 | Closed |
|
|
DADC
208
D.A. Davidson & Co
Great Falls,
Montana
| – | -$8K | -140 | Closed |
|
|
NA
209
NewEdge Advisors
New Orleans,
Louisiana
| – | -$2.2K | -38 | Closed |
|
FCFS Hedge Fund Activity: Q3 2017 in Review
198 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q3 2017, worth a combined $2.91B — up 10% from $2.64B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FCFS positions and 11 closed out — a net gain of 15 holders — while 67 added to existing stakes and 72 trimmed.
The largest buyer was Bank of America, adding an estimated $17.6M. The largest seller was Fiduciary Management Inc, cutting an estimated $17.1M.
- 198 institutional investors held FirstCash (FCFS) as of Q3 2017, up from 184 in Q2 2017.
- Funds reported $2.91B of FirstCash stock for Q3 2017, up 10% quarter-over-quarter.
- 26 funds opened new FirstCash positions in Q3 2017 and 11 closed out, a net change of +15 holders.
- The largest FirstCash buyer in Q3 2017 was Bank of America, an estimated $17.6M added.
- The largest FirstCash seller in Q3 2017 was Fiduciary Management Inc, an estimated $17.1M sold.
Based on aggregated 13F filings for Q3 2017.