FirstCash
FCFS
231 hedge funds and large institutions have $2.3B invested in FirstCash in 2020 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 80 increasing their positions, 86 reducing their positions, and 19 closing their positions.
84% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 19
7% more funds holding
Funds holding: 215 → 231 (+16)
1.12% more ownership
Funds ownership: 95.79% → 96.92% (+1.1%)
7% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 86
14% less capital invested
Capital invested by funds: $2.68B → $2.3B (-$381M)
81% less call options, than puts
Call options by funds: $378K | Put options by funds: $1.96M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$26.4M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$15.8M |
| 3 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$14.5M |
| 4 |
EARNEST Partners
Atlanta,
Georgia
|
+$10.8M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$9.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$28.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$25.8M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$20.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.3M |
| 5 |
Bank of New York Mellon
New York
|
-$10.9M |
FCFS Hedge Fund Activity: Q3 2020 in Review
231 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q3 2020, worth a combined $2.3B — down 14% from $2.68B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new FCFS positions and 19 closed out — a net gain of 16 holders — while 80 added to existing stakes and 86 trimmed.
The largest buyer was Nantahala Capital Management, opening a new position worth an estimated $26.4M. The largest seller was Ameriprise, cutting an estimated $28.8M.
- 231 institutional investors held FirstCash (FCFS) as of Q3 2020, up from 215 in Q2 2020.
- Funds reported $2.3B of FirstCash stock for Q3 2020, down 14% quarter-over-quarter.
- 35 funds opened new FirstCash positions in Q3 2020 and 19 closed out, a net change of +16 holders.
- The largest FirstCash buyer in Q3 2020 was Nantahala Capital Management, an estimated $26.4M added.
- The largest FirstCash seller in Q3 2020 was Ameriprise, an estimated $28.8M sold.
Based on aggregated 13F filings for Q3 2020.