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CANG

Cango Inc
CANG

47 hedge funds and large institutions have $294M invested in Cango Inc in 2021 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

900% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 4

327% more funds holding

Funds holding: 11 → 47 (+36)

50% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 2

21% more capital invested

Capital invested by funds: $242M → $294M (+$51.6M)

0.02% more ownership

Funds ownership: 1.54% → 1.55% (+0.02%)

33% less funds holding in top 10

Funds holding in top 10: 3 → 2 (-1)

Holders
47
Holders Change
+36
Holders Change %
+327.27%
% of All Funds
0.83%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
40
Increased
3
Reduced
2
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Marshall Wace
Marshall Wace
United Kingdom
+$7.32M
2
Citadel Advisors
Citadel Advisors
Florida
+$7.23M
3
Acadian Asset Management
Acadian Asset Management
Massachusetts
+$5.42M
4
Millennium Management
Millennium Management
New York
+$1.65M
5
Voloridge Investment Management
Voloridge Investment Management
Florida
+$1.63M

Top Sellers

Rank Fund Capital Flow
1
PCM
Primavera Capital Management
Cayman Islands
-$11.1M
2
HH
HSG Holding
Hong Kong
-$8.38M
3
CIBC World Market
CIBC World Market
Ontario, Canada
-$1.4M
4
ICM
Ionic Capital Management
New York
-$197K
5
VF
Virtu Financial
New York
-$109K
Name Holding Trade Value Shares
Change 		Change in
Stake
LA
26
LVW Advisors
New York
$126K +$153K +1,500 New
HF
27
HRT Financial
New York
$122K +$149K +1,461 New
Cambridge Investment Research Advisors
28
Cambridge Investment Research Advisors
Iowa
$108K +$131K +1,290 New
Citigroup
29
Citigroup
New York
$102K +$123K +1,210 New
V
30
Veritable
Delaware
$92K +$112K +1,100 New
Wellington Management Group
31
Wellington Management Group
Massachusetts
$84K +$102K +1,002 New
SPIA
32
Steward Partners Investment Advisory
New York
$77.4K +$93.7K +921 New
Royal Bank of Canada
33
Royal Bank of Canada
Ontario, Canada
$62K +$75.3K +740 New
QT
34
Quantbot Technologies
New York
$46K +$56.2K +552 New
Bank of Montreal
35
Bank of Montreal
Ontario, Canada
$45K +$53.7K +528 New
Morgan Stanley
36
Morgan Stanley
New York
$44K +$26.1K +256 +96%
Wells Fargo
37
Wells Fargo
California
$42K +$51.6K +507 New
VanEck Associates
38
VanEck Associates
New York
$25K +$30.5K +300 New
GWM
39
Geneos Wealth Management
Colorado
$16K – – –
Rockefeller Capital Management
40
Rockefeller Capital Management
New York
$16K +$20.4K +200 New
HI
41
Harbour Investments
Wisconsin
$4K +$4.88K +48 New
VRM
42
Vectors Research Management
New York
$4K +$5.09K +50 New
Russell Investments Group
43
Russell Investments Group
United Kingdom
$3K +$4.78K +47 New
First Manhattan
44
First Manhattan
New York
$2K +$2.54K +25 New
Bank of America
45
Bank of America
North Carolina
$1K +$814 +8 New
Fidelity Investments
46
Fidelity Investments
Massachusetts
$1K +$814 +8 New
HH
47
HSG Holding
Hong Kong
– -$8.38M -119,645 Closed
CIBC World Market
48
CIBC World Market
Ontario, Canada
– -$1.4M -20,000 Closed
VF
49
Virtu Financial
New York
– -$109K -1,559 Closed
TCM
50
Tradewinds Capital Management
Washington
– -$2K -25 Closed
1
2
3

CANG Hedge Fund Activity: Q1 2021 in Review

47 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q1 2021, worth a combined $294M — up 21% from $242M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new CANG positions and 4 closed out — a net gain of 36 holders — while 3 added to existing stakes and 2 trimmed.

The largest buyer was Marshall Wace, adding an estimated $7.32M. The largest seller was Primavera Capital Management, cutting an estimated $11.1M.

  • 47 institutional investors held Cango Inc (CANG) as of Q1 2021, up from 11 in Q4 2020.
  • Funds reported $294M of Cango Inc stock for Q1 2021, up 21% quarter-over-quarter.
  • 40 funds opened new Cango Inc positions in Q1 2021 and 4 closed out, a net change of +36 holders.
  • The largest Cango Inc buyer in Q1 2021 was Marshall Wace, an estimated $7.32M added.
  • The largest Cango Inc seller in Q1 2021 was Primavera Capital Management, an estimated $11.1M sold.

Based on aggregated 13F filings for Q1 2021.