FirstCash
FCFS
270 hedge funds and large institutions have $3.85B invested in FirstCash in 2018 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 85 increasing their positions, 97 reducing their positions, and 24 closing their positions.
108% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 24
9% more funds holding
Funds holding: 247 → 270 (+23)
8% more capital invested
Capital invested by funds: $3.57B → $3.85B (+$274M)
0.13% less ownership
Funds ownership: 94.61% → 94.48% (-0.13%)
12% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 97
46% less call options, than puts
Call options by funds: $2.89M | Put options by funds: $5.36M
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$43.2M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$41.2M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$37.4M |
| 4 |
Renaissance Technologies
New York
|
+$33.8M |
| 5 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
+$33.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$68.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$62.1M |
| 3 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$61.6M |
| 4 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$58.5M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$38.8M |
FCFS Hedge Fund Activity: Q2 2018 in Review
270 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q2 2018, worth a combined $3.85B — up 7.7% from $3.57B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new FCFS positions and 24 closed out — a net gain of 26 holders — while 85 added to existing stakes and 97 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $43.2M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $68.2M.
- 270 institutional investors held FirstCash (FCFS) as of Q2 2018, up from 247 in Q1 2018.
- Funds reported $3.85B of FirstCash stock for Q2 2018, up 7.7% quarter-over-quarter.
- 50 funds opened new FirstCash positions in Q2 2018 and 24 closed out, a net change of +26 holders.
- The largest FirstCash buyer in Q2 2018 was Arrowstreet Capital, an estimated $43.2M added.
- The largest FirstCash seller in Q2 2018 was Vaughan Nelson Investment Management, an estimated $68.2M sold.
Based on aggregated 13F filings for Q2 2018.