FirstCash
FCFS
184 hedge funds and large institutions have $2.64B invested in FirstCash in 2017 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 68 increasing their positions, 62 reducing their positions, and 17 closing their positions.
89% more call options, than puts
Call options by funds: $1.14M | Put options by funds: $601K
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
16% more capital invested
Capital invested by funds: $2.29B → $2.64B (+$356M)
2% more funds holding
Funds holding: 180 → 184 (+4)
10% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 62
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2.5% less ownership
Funds ownership: 96.3% → 93.81% (-2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$15.2M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$9.4M |
| 3 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$8.88M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$8.33M |
| 5 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$7.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$25.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.7M |
| 3 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$16.6M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$14.5M |
| 5 |
JP Morgan Chase
New York
|
-$13M |
FCFS Hedge Fund Activity: Q2 2017 in Review
184 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q2 2017, worth a combined $2.64B — up 16% from $2.29B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FCFS positions and 17 closed out — a net gain of 4 holders — while 68 added to existing stakes and 62 trimmed.
The largest buyer was Columbia Wanger Asset Management, adding an estimated $15.2M. The largest seller was Park West Asset Management, cutting an estimated $25.7M.
- 184 institutional investors held FirstCash (FCFS) as of Q2 2017, up from 180 in Q1 2017.
- Funds reported $2.64B of FirstCash stock for Q2 2017, up 16% quarter-over-quarter.
- 21 funds opened new FirstCash positions in Q2 2017 and 17 closed out, a net change of +4 holders.
- The largest FirstCash buyer in Q2 2017 was Columbia Wanger Asset Management, an estimated $15.2M added.
- The largest FirstCash seller in Q2 2017 was Park West Asset Management, an estimated $25.7M sold.
Based on aggregated 13F filings for Q2 2017.