FirstCash
FCFS
256 hedge funds and large institutions have $3.44B invested in FirstCash in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 111 increasing their positions, 75 reducing their positions, and 26 closing their positions.
19,074% more call options, than puts
Call options by funds: $7.29M | Put options by funds: $38K
48% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 75
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
15% more capital invested
Capital invested by funds: $3B → $3.44B (+$445M)
12% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 26
4.35% more ownership
Funds ownership: 74.46% → 78.81% (+4.4%)
0% more funds holding
Funds holding: 255 → 256 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$33.9M |
| 2 |
BlackRock
New York
|
+$26.9M |
| 3 |
Rockefeller Capital Management
New York
|
+$24M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$20.6M |
| 5 |
JP Morgan Chase
New York
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$26M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$19M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$16.1M |
| 4 |
Millennium Management
New York
|
-$8.74M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$7.43M |
FCFS Hedge Fund Activity: Q1 2023 in Review
256 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in FirstCash (FCFS) for Q1 2023, worth a combined $3.44B — up 15% from $3B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FCFS positions and 26 closed out — a net gain of 3 holders — while 111 added to existing stakes and 75 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $33.9M. The largest seller was Goldman Sachs, cutting an estimated $26M.
- 256 institutional investors held FirstCash (FCFS) as of Q1 2023, up from 255 in Q4 2022.
- Funds reported $3.44B of FirstCash stock for Q1 2023, up 15% quarter-over-quarter.
- 29 funds opened new FirstCash positions in Q1 2023 and 26 closed out, a net change of +3 holders.
- The largest FirstCash buyer in Q1 2023 was Envestnet Asset Management, an estimated $33.9M added.
- The largest FirstCash seller in Q1 2023 was Goldman Sachs, an estimated $26M sold.
Based on aggregated 13F filings for Q1 2023.