FirstCash
FCFS
253 hedge funds and large institutions have $3.07B invested in FirstCash in 2018 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 69 increasing their positions, 97 reducing their positions, and 40 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
22% more call options, than puts
Call options by funds: $724K | Put options by funds: $593K
10% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 40
3.31% more ownership
Funds ownership: 93.78% → 97.09% (+3.3%)
2% more funds holding
Funds holding: 249 → 253 (+4)
10% less capital invested
Capital invested by funds: $3.4B → $3.07B (-$334M)
29% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 97
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$82.7M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$55.3M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$37.2M |
| 4 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$21.1M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$43.9M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$39.6M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$23.3M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$18.7M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$13.6M |
FCFS Hedge Fund Activity: Q4 2018 in Review
253 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q4 2018, worth a combined $3.07B — down 9.8% from $3.4B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new FCFS positions and 40 closed out — a net gain of 4 holders — while 69 added to existing stakes and 97 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $82.7M. The largest seller was Wellington Management Group, cutting an estimated $43.9M.
- 253 institutional investors held FirstCash (FCFS) as of Q4 2018, up from 249 in Q3 2018.
- Funds reported $3.07B of FirstCash stock for Q4 2018, down 9.8% quarter-over-quarter.
- 44 funds opened new FirstCash positions in Q4 2018 and 40 closed out, a net change of +4 holders.
- The largest FirstCash buyer in Q4 2018 was Fidelity Investments, an estimated $82.7M added.
- The largest FirstCash seller in Q4 2018 was Wellington Management Group, an estimated $43.9M sold.
Based on aggregated 13F filings for Q4 2018.