FirstCash
FCFS
211 hedge funds and large institutions have $2.77B invested in FirstCash in 2020 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 64 increasing their positions, 94 reducing their positions, and 39 closing their positions.
180% more call options, than puts
Call options by funds: $2.47M | Put options by funds: $882K
20% more capital invested
Capital invested by funds: $2.3B → $2.77B (+$469M)
1.62% less ownership
Funds ownership: 96.92% → 95.3% (-1.6%)
9% less funds holding
Funds holding: 231 → 211 (-20)
32% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 94
46% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$106M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$18.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$14.9M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
+$11.6M |
| 5 |
EARNEST Partners
Atlanta,
Georgia
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$41.6M |
| 2 |
Renaissance Technologies
New York
|
-$30.6M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$28.9M |
| 4 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
-$19.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10.7M |
FCFS Hedge Fund Activity: Q4 2020 in Review
211 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q4 2020, worth a combined $2.77B — up 20% from $2.3B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of FCFS and 21 opened new positions — a net loss of 18 holders — while 94 trimmed existing stakes and 64 added.
The largest buyer was Fidelity Investments, adding an estimated $106M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $41.6M sold.
- 211 institutional investors held FirstCash (FCFS) as of Q4 2020, down from 231 in Q3 2020.
- Funds reported $2.77B of FirstCash stock for Q4 2020, up 20% quarter-over-quarter.
- 21 funds opened new FirstCash positions in Q4 2020 and 39 closed out, a net change of -18 holders.
- The largest FirstCash buyer in Q4 2020 was Fidelity Investments, an estimated $106M added.
- The largest FirstCash seller in Q4 2020 was Vaughan Nelson Investment Management, an estimated $41.6M sold.
Based on aggregated 13F filings for Q4 2020.