Cango Inc
CANG
9 hedge funds and large institutions have $263M invested in Cango Inc in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 1 closing their positions.
0.05% more ownership
Funds ownership: 1.44% → 1.48% (+0.05%)
0% more funds holding
Funds holding: 9 → 9 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
28% less capital invested
Capital invested by funds: $363M → $263M (-$100M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Primavera Capital Management
George Town,
Cayman Islands
|
+$9.89M |
| 2 |
FIA
FNY Investment Advisers
New York
|
+$6.35K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.18K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$193K |
| 2 |
Morgan Stanley
New York
|
-$22K |
| 3 |
PHK
Point72 Hong Kong
Hong Kong
|
-$1.36K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WP
1
Warburg Pincus
New York
| $212M | – | – | – |
|
|
PCM
2
Primavera Capital Management
George Town,
Cayman Islands
| $49.6M | +$9.89M | +108,961 | +21% |
|
|
3
Millennium Management
New York
| $515K | -$193K | -2,124 | -25% |
|
|
LCM
4
Laurion Capital Management
New York
| $299K | – | – | – |
|
|
PHK
5
Point72 Hong Kong
Hong Kong
| $145K | -$1.36K | -15 | -0.8% |
|
|
6
UBS Group
Zurich,
Switzerland
| $6K | +$2.18K | +24 | +50% |
|
|
FIA
7
FNY Investment Advisers
New York
| $5K | +$6.35K | +70 | New |
|
|
CCA
8
Catalyst Capital Advisors
Huntington,
New York
| $4K | – | – | – |
|
9
Bank of America
Charlotte,
North Carolina
| $1K | – | – | – |
|
|
10
Morgan Stanley
New York
| – | -$22K | -200 | Closed |
|
CANG Hedge Fund Activity: Q4 2018 in Review
9 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q4 2018, worth a combined $263M — down 28% from $363M a quarter earlier.
Fund positioning in CANG was balanced in Q4 2018: 1 fund opened new positions, 1 closed out, 2 added to existing stakes and 2 trimmed.
The largest buyer was Primavera Capital Management, adding an estimated $9.89M. The largest seller was Millennium Management, cutting an estimated $193K.
- 9 institutional investors held Cango Inc (CANG) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $263M of Cango Inc stock for Q4 2018, down 28% quarter-over-quarter.
- 1 fund opened new Cango Inc positions in Q4 2018 and 1 closed out, a net change of 0 holders.
- The largest Cango Inc buyer in Q4 2018 was Primavera Capital Management, an estimated $9.89M added.
- The largest Cango Inc seller in Q4 2018 was Millennium Management, an estimated $193K sold.
Based on aggregated 13F filings for Q4 2018.