FirstCash
FCFS
157 hedge funds and large institutions have $1.4B invested in FirstCash in 2014 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 45 increasing their positions, 69 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
31% more call options, than puts
Call options by funds: $1.31M | Put options by funds: $996K
11% more capital invested
Capital invested by funds: $1.26B → $1.4B (+$137M)
4% more funds holding
Funds holding: 151 → 157 (+6)
35% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
+$39.7M |
| 2 |
Morgan Stanley
New York
|
+$29.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$13.7M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$10.8M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$6.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$56.7M |
| 2 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$26.2M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
-$23.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$6.75M |
FCFS Hedge Fund Activity: Q2 2014 in Review
157 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q2 2014, worth a combined $1.4B — up 11% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FCFS positions and 16 closed out — a net gain of 6 holders — while 45 added to existing stakes and 69 trimmed.
The largest buyer was Genesis Asset Managers, opening a new position worth an estimated $39.7M. The largest seller was Lazard Asset Management, exiting entirely with an estimated $56.7M sold.
- 157 institutional investors held FirstCash (FCFS) as of Q2 2014, up from 151 in Q1 2014.
- Funds reported $1.4B of FirstCash stock for Q2 2014, up 11% quarter-over-quarter.
- 22 funds opened new FirstCash positions in Q2 2014 and 16 closed out, a net change of +6 holders.
- The largest FirstCash buyer in Q2 2014 was Genesis Asset Managers, an estimated $39.7M added.
- The largest FirstCash seller in Q2 2014 was Lazard Asset Management, an estimated $56.7M sold.
Based on aggregated 13F filings for Q2 2014.