Cango Inc
CANG
7 hedge funds and large institutions have $225M invested in Cango Inc in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 3 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% less ownership
Funds ownership: 1.48% → 1.48% (-0%)
14% less capital invested
Capital invested by funds: $263M → $225M (-$37.9M)
22% less funds holding
Funds holding: 9 → 7 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.55K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$544 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PHK
Point72 Hong Kong
Hong Kong
|
-$145K |
| 2 |
Millennium Management
New York
|
-$11.7K |
| 3 |
LCM
Laurion Capital Management
New York
|
-$6.21K |
| 4 |
FIA
FNY Investment Advisers
New York
|
-$5K |
| 5 |
CCA
Catalyst Capital Advisors
Huntington,
New York
|
-$4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WP
1
Warburg Pincus
New York
| $182M | – | – | – |
|
|
PCM
2
Primavera Capital Management
George Town,
Cayman Islands
| $42.5M | – | – | – |
|
|
3
Millennium Management
New York
| $430K | -$11.7K | -150 | -2% |
|
|
LCM
4
Laurion Capital Management
New York
| $251K | -$6.21K | -80 | -2% |
|
|
5
UBS Group
Zurich,
Switzerland
| $5K | +$544 | +7 | +10% |
|
|
6
Morgan Stanley
New York
| $1K | +$1.55K | +20 | New |
|
|
PHK
7
Point72 Hong Kong
Hong Kong
| – | -$145K | -1,832 | Closed |
|
|
FIA
8
FNY Investment Advisers
New York
| – | -$5K | -70 | Closed |
|
|
CCA
9
Catalyst Capital Advisors
Huntington,
New York
| – | -$4K | -49 | Closed |
|
10
Bank of America
Charlotte,
North Carolina
| – | -$388 | -5 | -50% |
|
CANG Hedge Fund Activity: Q1 2019 in Review
7 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q1 2019, worth a combined $225M — down 14% from $263M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CANG and 1 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $1.55K. The largest seller was Point72 Hong Kong, exiting entirely with an estimated $145K sold.
- 7 institutional investors held Cango Inc (CANG) as of Q1 2019, down from 9 in Q4 2018.
- Funds reported $225M of Cango Inc stock for Q1 2019, down 14% quarter-over-quarter.
- 1 fund opened new Cango Inc positions in Q1 2019 and 3 closed out, a net change of -2 holders.
- The largest Cango Inc buyer in Q1 2019 was Morgan Stanley, an estimated $1.55K added.
- The largest Cango Inc seller in Q1 2019 was Point72 Hong Kong, an estimated $145K sold.
Based on aggregated 13F filings for Q1 2019.