Cango Inc
CANG
5 hedge funds and large institutions have $205M invested in Cango Inc in 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 0 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
25% more funds holding
Funds holding: 4 → 5 (+1)
0.16% more ownership
Funds ownership: 1.48% → 1.64% (+0.16%)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
32% less capital invested
Capital invested by funds: $302M → $205M (-$97.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
HSG Holding
Na,
Hong Kong
|
+$27.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$22.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$25.7K |
CANG Hedge Fund Activity: Q1 2020 in Review
5 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q1 2020, worth a combined $205M — down 32% from $302M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new CANG positions and 0 closed out — a net gain of 1 holder — while 1 added to existing stakes and 1 trimmed.
The largest buyer was HSG Holding, opening a new position worth an estimated $27.2M. The largest seller was Millennium Management, cutting an estimated $25.7K.
- 5 institutional investors held Cango Inc (CANG) as of Q1 2020, up from 4 in Q4 2019.
- Funds reported $205M of Cango Inc stock for Q1 2020, down 32% quarter-over-quarter.
- 1 fund opened new Cango Inc positions in Q1 2020 and 0 closed out, a net change of +1 holder.
- The largest Cango Inc buyer in Q1 2020 was HSG Holding, an estimated $27.2M added.
- The largest Cango Inc seller in Q1 2020 was Millennium Management, an estimated $25.7K sold.
Based on aggregated 13F filings for Q1 2020.