Cango Inc
CANG
26 hedge funds and large institutions have $6.61M invested in Cango Inc in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4% more funds holding
Funds holding: 25 → 26 (+1)
0% more capital invested
Capital invested by funds: $6.59M → $6.61M (+$19.7K)
0.01% more ownership
Funds ownership: 0.28% → 0.28% (+0.01%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$24.1K |
| 2 |
Millennium Management
New York
|
+$16.8K |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$12.8K |
| 4 |
AL
Aspiriant LLC
Los Angeles,
California
|
+$1.22K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.22K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$57.6K |
| 2 |
BlackRock
New York
|
-$47.4K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$25.1K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$12.4K |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$1.22K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Qube Research & Technologies (QRT)
London,
United Kingdom
| $17 | +$12 | +1 | New |
|
|
27
State Street
Boston,
Massachusetts
| – | -$57.6K | -4,924 | Closed |
|
|
28
Envestnet Asset Management
Chicago,
Illinois
| – | -$25.1K | -2,145 | Closed |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$306 | -25 | Closed |
|
CANG Hedge Fund Activity: Q3 2023 in Review
26 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q3 2023, worth a combined $6.61M — up 0.3% from $6.59M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new CANG positions and 3 closed out — a net gain of 1 holder — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $24.1K. The largest seller was State Street, exiting entirely with an estimated $57.6K sold.
- 26 institutional investors held Cango Inc (CANG) as of Q3 2023, up from 25 in Q2 2023.
- Funds reported $6.61M of Cango Inc stock for Q3 2023, up 0.3% quarter-over-quarter.
- 4 funds opened new Cango Inc positions in Q3 2023 and 3 closed out, a net change of +1 holder.
- The largest Cango Inc buyer in Q3 2023 was Susquehanna International Group, an estimated $24.1K added.
- The largest Cango Inc seller in Q3 2023 was State Street, an estimated $57.6K sold.
Based on aggregated 13F filings for Q3 2023.