FirstCash
FCFS
207 hedge funds and large institutions have $2.84B invested in FirstCash in 2020 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 77 increasing their positions, 78 reducing their positions, and 52 closing their positions.
1% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 78
1.09% less ownership
Funds ownership: 95.38% → 94.29% (-1.1%)
13% less funds holding
Funds holding: 238 → 207 (-31)
13% less capital invested
Capital invested by funds: $3.28B → $2.84B (-$443M)
54% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 52
65% less call options, than puts
Call options by funds: $598K | Put options by funds: $1.69M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$40.7M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$32.1M |
| 3 |
BlackRock
New York
|
+$28.1M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
+$17.2M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$34.9M |
| 2 |
RG
Rathbones Group
Liverpool,
United Kingdom
|
-$29.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.2M |
| 4 |
Renaissance Technologies
New York
|
-$24.5M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$24M |
FCFS Hedge Fund Activity: Q1 2020 in Review
207 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q1 2020, worth a combined $2.84B — down 13% from $3.28B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of FCFS and 24 opened new positions — a net loss of 28 holders — while 78 trimmed existing stakes and 77 added.
The largest buyer was Ameriprise, adding an estimated $40.7M. The largest seller was Victory Capital Management, cutting an estimated $34.9M.
- 207 institutional investors held FirstCash (FCFS) as of Q1 2020, down from 238 in Q4 2019.
- Funds reported $2.84B of FirstCash stock for Q1 2020, down 13% quarter-over-quarter.
- 24 funds opened new FirstCash positions in Q1 2020 and 52 closed out, a net change of -28 holders.
- The largest FirstCash buyer in Q1 2020 was Ameriprise, an estimated $40.7M added.
- The largest FirstCash seller in Q1 2020 was Victory Capital Management, an estimated $34.9M sold.
Based on aggregated 13F filings for Q1 2020.