FirstCash
FCFS
154 hedge funds and large institutions have $1.47B invested in FirstCash in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 65 increasing their positions, 56 reducing their positions, and 11 closing their positions.
297% more call options, than puts
Call options by funds: $2.1M | Put options by funds: $529K
21% more capital invested
Capital invested by funds: $1.21B → $1.47B (+$256M)
16% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 56
2% less funds holding
Funds holding: 157 → 154 (-3)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$30.1M |
| 2 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$14.1M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$11.7M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$5.65M |
| 5 |
Lazard Asset Management
New York
|
+$5.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$7.53M |
| 2 |
TCP
TAMRO Capital Partners
Alexandria,
Virginia
|
-$6.24M |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
-$4.7M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$3.8M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$3.76M |
FCFS Hedge Fund Activity: Q3 2013 in Review
154 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q3 2013, worth a combined $1.47B — up 21% from $1.21B a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FCFS and 9 opened new positions — a net loss of 2 holders — while 56 trimmed existing stakes and 65 added.
The largest buyer was Thornburg Investment Management, adding an estimated $30.1M. The largest seller was Mackenzie Financial, exiting entirely with an estimated $7.53M sold.
- 154 institutional investors held FirstCash (FCFS) as of Q3 2013, down from 157 in Q2 2013.
- Funds reported $1.47B of FirstCash stock for Q3 2013, up 21% quarter-over-quarter.
- 9 funds opened new FirstCash positions in Q3 2013 and 11 closed out, a net change of -2 holders.
- The largest FirstCash buyer in Q3 2013 was Thornburg Investment Management, an estimated $30.1M added.
- The largest FirstCash seller in Q3 2013 was Mackenzie Financial, an estimated $7.53M sold.
Based on aggregated 13F filings for Q3 2013.