Cango Inc
CANG
33 hedge funds and large institutions have $86.2M invested in Cango Inc in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.02% less ownership
Funds ownership: 1.55% → 1.53% (-0.02%)
6% less funds holding
Funds holding: 35 → 33 (-2)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
19% less capital invested
Capital invested by funds: $106M → $86.2M (-$19.8M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$142K |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$108K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$61.1K |
| 4 |
State Street
Boston,
Massachusetts
|
+$37.1K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$15.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$1.13M |
| 2 |
ProShare Advisors
Bethesda,
Maryland
|
-$320K |
| 3 |
TLCM
Twin Lakes Capital Management
Redwood Shores,
California
|
-$178K |
| 4 |
Goldman Sachs
New York
|
-$71K |
| 5 |
Citigroup
New York
|
-$55K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $3K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $3K | +$621 | +20 | New |
|
|
PFS
28
Prospera Financial Services
Dallas,
Texas
| $3K | +$3.29K | +106 | New |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | -$3.1K | -100 | -53% |
|
30
Osaic Holdings
Scottsdale,
Arizona
| $1K | – | – | – |
|
31
BNP Paribas Financial Markets
Paris,
France
| $461 | – | – | – |
|
|
TLCM
32
Twin Lakes Capital Management
Redwood Shores,
California
| – | -$178K | -3,565 | Closed |
|
|
33
Goldman Sachs
New York
| – | -$71K | -2,257 | Closed |
|
34
Mercer Global Advisors
Denver,
Colorado
| – | -$47K | -1,487 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$7K | -215 | Closed |
|
CANG Hedge Fund Activity: Q1 2022 in Review
33 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q1 2022, worth a combined $86.2M — down 19% from $106M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CANG and 3 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was BlackRock, adding an estimated $142K. The largest seller was Marshall Wace, cutting an estimated $1.13M.
- 33 institutional investors held Cango Inc (CANG) as of Q1 2022, down from 35 in Q4 2021.
- Funds reported $86.2M of Cango Inc stock for Q1 2022, down 19% quarter-over-quarter.
- 3 funds opened new Cango Inc positions in Q1 2022 and 5 closed out, a net change of -2 holders.
- The largest Cango Inc buyer in Q1 2022 was BlackRock, an estimated $142K added.
- The largest Cango Inc seller in Q1 2022 was Marshall Wace, an estimated $1.13M sold.
Based on aggregated 13F filings for Q1 2022.