FirstCash
FCFS
215 hedge funds and large institutions have $2.68B invested in FirstCash in 2020 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 90 increasing their positions, 63 reducing their positions, and 27 closing their positions.
83% more call options, than puts
Call options by funds: $1.67M | Put options by funds: $911K
43% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 63
33% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 27
4% more funds holding
Funds holding: 207 → 215 (+8)
0.51% more ownership
Funds ownership: 95.28% → 95.79% (+0.51%)
7% less capital invested
Capital invested by funds: $2.87B → $2.68B (-$191M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YAM
Yacktman Asset Management
Austin,
Texas
|
+$35.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.4M |
| 3 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$29.3M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$12.3M |
| 5 |
Renaissance Technologies
New York
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$72.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$34.6M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$28.1M |
| 4 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$13.8M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$12.9M |
FCFS Hedge Fund Activity: Q2 2020 in Review
215 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q2 2020, worth a combined $2.68B — down 6.7% from $2.87B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new FCFS positions and 27 closed out — a net gain of 9 holders — while 90 added to existing stakes and 63 trimmed.
The largest buyer was Yacktman Asset Management, opening a new position worth an estimated $35.6M. The largest seller was BlackRock, cutting an estimated $72.8M.
- 215 institutional investors held FirstCash (FCFS) as of Q2 2020, up from 207 in Q1 2020.
- Funds reported $2.68B of FirstCash stock for Q2 2020, down 6.7% quarter-over-quarter.
- 36 funds opened new FirstCash positions in Q2 2020 and 27 closed out, a net change of +9 holders.
- The largest FirstCash buyer in Q2 2020 was Yacktman Asset Management, an estimated $35.6M added.
- The largest FirstCash seller in Q2 2020 was BlackRock, an estimated $72.8M sold.
Based on aggregated 13F filings for Q2 2020.