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FirstCash

234 hedge funds and large institutions have $3.68B invested in FirstCash in 2019 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 75 increasing their positions, 99 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

20% more capital invested

Capital invested by funds: $3.07B → $3.68B (+$616M)

0.75% more ownership

Funds ownership: 97.09%97.85% (+0.75%)

8% less funds holding

Funds holding: 253234 (-19)

24% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 99

46% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 39

50% less call options, than puts

Call options by funds: $2.6M | Put options by funds: $5.16M

Holders
234
Holders Change
-19
Holders Change %
-7.51%
% of All Funds
5.06%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
21
Increased
75
Reduced
99
Closed
39
Calls
$2.6M
Puts
$5.16M
Net Calls
-$2.56M
Net Calls Change
-$2.69M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$551M +$4.43M +53,127 +0.8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$422M +$17.8M +212,694 +5%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$235M +$81M +970,130 +55%
William Blair Investment Management
4
William Blair Investment Management
Illinois
$165M +$196K +2,348 +0.1%
EARNEST Partners
5
EARNEST Partners
Georgia
$159M +$2.44M +29,267 +2%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$133M +$444K +5,314 +0.3%
Renaissance Technologies
7
Renaissance Technologies
New York
$132M -$4.63M -55,500 -4%
FMI
8
Fiduciary Management Inc
Wisconsin
$108M -$18.7M -224,537 -15%
State Street
9
State Street
Massachusetts
$107M -$37.3K -447 -0%
Northern Trust
10
Northern Trust
Illinois
$73.5M -$228K -2,729 -0.3%
EAM
11
Eagle Asset Management
Florida
$71.1M +$3.23M +38,749 +5%
Victory Capital Management
12
Victory Capital Management
Texas
$69.4M +$9.05M +108,425 +16%
Bank of America
13
Bank of America
North Carolina
$65.1M -$361K -4,331 -0.6%
APG Asset Management
14
APG Asset Management
Netherlands
$61.3M -$3.68M -44,100 -5%
Wells Fargo
15
Wells Fargo
California
$58.4M +$2.43M +29,143 +5%
SIMG
16
Stephens Investment Management Group
Texas
$54M +$2.34M +28,021 +5%
CB
17
Cooke & Bieler
Pennsylvania
$52.4M +$1.59M +19,045 +3%
CTA
18
Carillon Tower Advisers
Florida
$49M +$3.13M +37,481 +7%
Norges Bank
19
Norges Bank
Norway
$48.3M -$5.96M -71,410 -11%
VNIM
20
Vaughan Nelson Investment Management
Texas
$47.5M +$15.8M +189,785 +53%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$46.9M -$11M -131,351 -19%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$45.6M +$2.63M +31,516 +6%
HRCM
23
Hood River Capital Management
Florida
$44.3M -$1.56M -18,721 -4%
GAM
24
Genesis Asset Managers
United Kingdom
$41.4M -$20.1M -240,804 -33%
Ameriprise
25
Ameriprise
Minnesota
$41M +$818K +9,799 +2%

FCFS Hedge Fund Activity: Q1 2019 in Review

234 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q1 2019, worth a combined $3.68B — up 20% from $3.07B a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of FCFS and 21 opened new positions — a net loss of 18 holders — while 99 trimmed existing stakes and 75 added.

The largest buyer was Fidelity Investments, adding an estimated $81M. The largest seller was JP Morgan Chase, cutting an estimated $25.9M.

  • 234 institutional investors held FirstCash (FCFS) as of Q1 2019, down from 253 in Q4 2018.
  • Funds reported $3.68B of FirstCash stock for Q1 2019, up 20% quarter-over-quarter.
  • 21 funds opened new FirstCash positions in Q1 2019 and 39 closed out, a net change of -18 holders.
  • The largest FirstCash buyer in Q1 2019 was Fidelity Investments, an estimated $81M added.
  • The largest FirstCash seller in Q1 2019 was JP Morgan Chase, an estimated $25.9M sold.

Based on aggregated 13F filings for Q1 2019.