Cango Inc
CANG
24 hedge funds and large institutions have $9.93M invested in Cango Inc in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 6 closing their positions.
6% more capital invested
Capital invested by funds: $9.38M → $9.93M (+$545K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less ownership
Funds ownership: 0.41% → 0.41% (-0%)
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
14% less funds holding
Funds holding: 28 → 24 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$38.7K |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$28.6K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$21.3K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$10K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSS
Two Sigma Securities
New York
|
-$30.4K |
| 2 |
AL
Aspiriant LLC
Los Angeles,
California
|
-$23.4K |
| 3 |
Millennium Management
New York
|
-$21.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$20.4K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$17.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Millennium Management
New York
| – | -$21.8K | -1,304 | Closed |
|
|
GWP
27
Gen-Wealth Partners
Zeeland,
Michigan
| – | -$5.01K | -300 | Closed |
|
|
CC
28
Cypress Capital
Franklin,
Tennessee
| – | -$243 | -15 | Closed |
|
29
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$23 | -1 | Closed |
|
CANG Hedge Fund Activity: Q3 2024 in Review
24 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q3 2024, worth a combined $9.93M — up 5.8% from $9.38M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CANG and 2 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 4 added.
The largest buyer was Morgan Stanley, adding an estimated $38.7K. The largest seller was Two Sigma Securities, exiting entirely with an estimated $30.4K sold.
- 24 institutional investors held Cango Inc (CANG) as of Q3 2024, down from 28 in Q2 2024.
- Funds reported $9.93M of Cango Inc stock for Q3 2024, up 5.8% quarter-over-quarter.
- 2 funds opened new Cango Inc positions in Q3 2024 and 6 closed out, a net change of -4 holders.
- The largest Cango Inc buyer in Q3 2024 was Morgan Stanley, an estimated $38.7K added.
- The largest Cango Inc seller in Q3 2024 was Two Sigma Securities, an estimated $30.4K sold.
Based on aggregated 13F filings for Q3 2024.