Cango Inc
CANG
28 hedge funds and large institutions have $74.1M invested in Cango Inc in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 13 closing their positions.
0% more capital invested
Capital invested by funds: $73.8M → $74.1M (+$305K)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.03% less ownership
Funds ownership: 1.61% → 1.58% (-0.03%)
26% less funds holding
Funds holding: 38 → 28 (-10)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
77% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$104K |
| 2 |
JP Morgan Chase
New York
|
+$10.1K |
| 3 |
CANY
Caxton Associates (New York)
New York
|
+$6.52K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.95K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.42K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ProShare Advisors
Bethesda,
Maryland
|
-$481K |
| 2 |
WP
Warburg Pincus
New York
|
-$456K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$149K |
| 4 |
Goldman Sachs
New York
|
-$96K |
| 5 |
E
Ergoteles
New York
|
-$51K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
BNP Paribas Financial Markets
Paris,
France
| $248 | – | – | – |
|
|
27
ProShare Advisors
Bethesda,
Maryland
| – | -$481K | -21,363 | Closed |
|
|
28
Goldman Sachs
New York
| – | -$96K | -4,277 | Closed |
|
|
E
29
Ergoteles
New York
| – | -$51K | -2,267 | Closed |
|
30
Jane Street
New York
| – | -$44K | -1,946 | Closed |
|
|
GCP
31
GSA Capital Partners
London,
United Kingdom
| – | -$37K | -1,648 | Closed |
|
|
LWAM
32
Legacy Wealth Asset Management
Woodbury,
Minnesota
| – | -$37K | -1,631 | Closed |
|
33
Millennium Management
New York
| – | -$26K | -1,139 | Closed |
|
|
OMC
34
Old Mission Capital
Chicago,
Illinois
| – | -$24K | -1,048 | Closed |
|
35
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$23K | -1,032 | Closed |
|
36
Bank of America
Charlotte,
North Carolina
| – | -$10K | -450 | Closed |
|
|
GWM
37
Geneos Wealth Management
Englewood,
Colorado
| – | -$2K | -125 | Closed |
|
38
Osaic Holdings
Scottsdale,
Arizona
| – | -$1K | -50 | Closed |
|
|
BTI
39
Blue Trust Inc
Alpharetta,
Georgia
| – | -$1K | -40 | Closed |
|
CANG Hedge Fund Activity: Q3 2022 in Review
28 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q3 2022, worth a combined $74.1M — up 0.41% from $73.8M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CANG and 3 opened new positions — a net loss of 10 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $104K. The largest seller was ProShare Advisors, exiting entirely with an estimated $481K sold.
- 28 institutional investors held Cango Inc (CANG) as of Q3 2022, down from 38 in Q2 2022.
- Funds reported $74.1M of Cango Inc stock for Q3 2022, up 0.41% quarter-over-quarter.
- 3 funds opened new Cango Inc positions in Q3 2022 and 13 closed out, a net change of -10 holders.
- The largest Cango Inc buyer in Q3 2022 was Citadel Advisors, an estimated $104K added.
- The largest Cango Inc seller in Q3 2022 was ProShare Advisors, an estimated $481K sold.
Based on aggregated 13F filings for Q3 2022.