FirstCash
FCFS
142 hedge funds and large institutions have $987M invested in FirstCash in 2015 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 57 increasing their positions, 46 reducing their positions, and 16 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 46
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
1% more funds holding
Funds holding: 140 → 142 (+2)
2% less capital invested
Capital invested by funds: $1B → $987M (-$15.7M)
21% less call options, than puts
Call options by funds: $569K | Put options by funds: $720K
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$25.6M |
| 2 |
JP Morgan Chase
New York
|
+$13.9M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$10.8M |
| 4 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$7.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$7.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$9.66M |
| 2 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$8.05M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
-$6.26M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$5.59M |
| 5 |
PSCM
Prince Street Capital Management
New York
|
-$5.5M |
FCFS Hedge Fund Activity: Q4 2015 in Review
142 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q4 2015, worth a combined $987M — down 1.6% from $1B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FCFS positions and 16 closed out — a net gain of 3 holders — while 57 added to existing stakes and 46 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $25.6M. The largest seller was Brandywine Global Investment Management, exiting entirely with an estimated $9.66M sold.
- 142 institutional investors held FirstCash (FCFS) as of Q4 2015, up from 140 in Q3 2015.
- Funds reported $987M of FirstCash stock for Q4 2015, down 1.6% quarter-over-quarter.
- 19 funds opened new FirstCash positions in Q4 2015 and 16 closed out, a net change of +3 holders.
- The largest FirstCash buyer in Q4 2015 was Fidelity Investments, an estimated $25.6M added.
- The largest FirstCash seller in Q4 2015 was Brandywine Global Investment Management, an estimated $9.66M sold.
Based on aggregated 13F filings for Q4 2015.