Profit Investment Ditches FirstCash Shares Worth $2.6 Million in Portfolio Shake-up

1 week ago 11

Jake Lerch, The Motley Fool

Thu, January 8, 2026 astatine 11:13 AM CST 5 min read

  • Sold 16,257 shares of FirstCash; estimated commercialized size $2.58 cardinal (based connected quarterly mean pricing)

  • Quarter-end presumption worth decreased by $2.58 million, reflecting the full valuation displacement including terms movements

  • Post-trade, nary shares of FirstCash stay successful the portfolio (0 shares; $0 value)

  • The presumption antecedently accounted for 3.2% of the fund’s AUM earlier the liquidation.

  • These 10 stocks could mint the adjacent question of millionaires ›

Profit Investment Management, LLC disclosed successful a January 8, 2026, SEC filing that it afloat exited FirstCash Holdings, Inc. (NASDAQ:FCFS), selling 16,257 shares for an estimated $2.58 cardinal based connected quarterly mean pricing.

According to a caller SEC filing, Profit Investment Management, LLC sold its full holding of 16,257 shares successful FirstCash Holdings, Inc. during the astir caller quarter. The estimated transaction worth was $2.58 million, calculated utilizing the quarterly mean stock price. The quarter-end worth of the presumption decreased by $2.58 million, reflecting some the merchantability and immoderate banal terms question during the period.

This was a implicit exit from FirstCash, which present comprises 0% of the fund’s 13F assets nether management.

Top holdings aft the filing:

  • NASDAQ:GOOGL: $1,721,500 (7.0% of AUM)

  • NASDAQ:AAPL: $1,363,106 (5.5% of AUM)

  • NASDAQ:NVDA: $1,349,514 (5.5% of AUM)

  • NYSE:GS: $1,324,653 (5.4% of AUM)

  • NYSE:AXP: $1,307,089 (5.3% of AUM)

As of January 7, 2026, FirstCash shares were priced astatine $165.66, up 57.16% implicit the past year; shares person outperformed the S&P 500 by 45.26 percent points.

Fund-level context: Profit Investment Management, LLC reduced AUM by 69% 4th implicit quarter, signaling wide portfolio downsizing beyond this azygous exit.

Metric

Value

Revenue (TTM)

$3.49 billion

Net Income (TTM)

$309.75 million

Dividend Yield

0.97%

Price (as of marketplace adjacent 2026-01-07)

$165.66

  • Offers pawn loans secured by idiosyncratic spot and retails merchandise from collateral forfeitures and nonstop purchases, including jewelry, electronics, tools, and precious metals.

  • Generates gross done involvement connected pawn loans, merchandise sales, and commodity income from scrap jewelry and precious metals.

  • Serves cash- and credit-constrained consumers successful the United States and Latin America, with a wide retail footprint crossed aggregate countries.

FirstCash Holdings, Inc. operates a ample web of retail pawn stores crossed the United States and Latin America, providing short-term secured loans and retailing forfeited collateral. As of December 31, 2021, the institution operated 2,825 stores crossed the United States and Latin America, supporting a diversified gross base. Its absorption connected serving underbanked populations and leveraging retail operations for some lending and merchandise income provides a defensible concern exemplary successful the non-bank recognition sector.


Read Entire Article