FirstCash
FCFS
257 hedge funds and large institutions have $3B invested in FirstCash in 2022 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 73 increasing their positions, 84 reducing their positions, and 14 closing their positions.
1,251% more call options, than puts
Call options by funds: $3.75M | Put options by funds: $278K
329% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 14
21% more funds holding
Funds holding: 212 → 257 (+45)
10% more capital invested
Capital invested by funds: $2.72B → $3B (+$276M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2.61% less ownership
Funds ownership: 79.19% → 76.57% (-2.6%)
13% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$18.7M |
| 2 |
Goldman Sachs
New York
|
+$18.2M |
| 3 |
EARNEST Partners
Atlanta,
Georgia
|
+$17.8M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$16.1M |
| 5 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$107M |
| 2 |
YAM
Yacktman Asset Management
Austin,
Texas
|
-$43.6M |
| 3 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$26.3M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$25.1M |
| 5 |
Rockefeller Capital Management
New York
|
-$24.2M |
FCFS Hedge Fund Activity: Q4 2022 in Review
257 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q4 2022, worth a combined $3B — up 10% from $2.72B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new FCFS positions and 14 closed out — a net gain of 46 holders — while 73 added to existing stakes and 84 trimmed.
The largest buyer was Boston Partners, adding an estimated $18.7M. The largest seller was Cooke & Bieler, cutting an estimated $107M.
- 257 institutional investors held FirstCash (FCFS) as of Q4 2022, up from 212 in Q3 2022.
- Funds reported $3B of FirstCash stock for Q4 2022, up 10% quarter-over-quarter.
- 60 funds opened new FirstCash positions in Q4 2022 and 14 closed out, a net change of +46 holders.
- The largest FirstCash buyer in Q4 2022 was Boston Partners, an estimated $18.7M added.
- The largest FirstCash seller in Q4 2022 was Cooke & Bieler, an estimated $107M sold.
Based on aggregated 13F filings for Q4 2022.