Cango Inc
CANG
4 hedge funds and large institutions have $228M invested in Cango Inc in 2019 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 3 closing their positions.
2% more capital invested
Capital invested by funds: $225M → $228M (+$3.59M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
0.01% less ownership
Funds ownership: 1.48% → 1.48% (-0.01%)
43% less funds holding
Funds holding: 7 → 4 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$251K |
| 2 |
Millennium Management
New York
|
-$23.5K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WP
1
Warburg Pincus
New York
| $185M | – | – | – |
|
|
PCM
2
Primavera Capital Management
George Town,
Cayman Islands
| $43.2M | – | – | – |
|
|
3
Millennium Management
New York
| $414K | -$23.5K | -370 | -6% |
|
|
4
Morgan Stanley
New York
| $17K | +$14.5K | +229 | +1,145% |
|
|
LCM
5
Laurion Capital Management
New York
| – | -$251K | -3,690 | Closed |
|
|
6
UBS Group
Zurich,
Switzerland
| – | -$5K | -79 | Closed |
|
CANG Hedge Fund Activity: Q2 2019 in Review
4 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q2 2019, worth a combined $228M — up 1.6% from $225M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CANG and 0 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Morgan Stanley, adding an estimated $14.5K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $251K sold.
- 4 institutional investors held Cango Inc (CANG) as of Q2 2019, down from 7 in Q1 2019.
- Funds reported $228M of Cango Inc stock for Q2 2019, up 1.6% quarter-over-quarter.
- 0 funds opened new Cango Inc positions in Q2 2019 and 3 closed out, a net change of -3 holders.
- The largest Cango Inc buyer in Q2 2019 was Morgan Stanley, an estimated $14.5K added.
- The largest Cango Inc seller in Q2 2019 was Laurion Capital Management, an estimated $251K sold.
Based on aggregated 13F filings for Q2 2019.