Cango Inc
CANG
5 hedge funds and large institutions have $222M invested in Cango Inc in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 1 closing their positions.
8% more capital invested
Capital invested by funds: $205M → $222M (+$16.9M)
0% more funds holding
Funds holding: 5 → 5 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0.01% less ownership
Funds ownership: 1.64% → 1.63% (-0.01%)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$33K |
| 2 |
Millennium Management
New York
|
-$11.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WP
1
Warburg Pincus
New York
| $162M | – | – | – |
|
|
PCM
2
Primavera Capital Management
George Town,
Cayman Islands
| $37.8M | – | – | – |
|
|
HH
3
HSG Holding
Na,
Hong Kong
| $22M | – | – | – |
|
|
4
Millennium Management
New York
| $216K | -$11.5K | -227 | -6% |
|
|
VF
5
Virtu Financial
New York
| $66K | +$55.1K | +1,087 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| – | -$33K | -589 | Closed |
|
CANG Hedge Fund Activity: Q2 2020 in Review
5 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q2 2020, worth a combined $222M — up 8.2% from $205M a quarter earlier.
Fund positioning in CANG was balanced in Q2 2020: 1 fund opened new positions, 1 closed out, 0 added to existing stakes and 1 trimmed.
The largest seller was UBS Group, exiting entirely with an estimated $33K sold.
- 5 institutional investors held Cango Inc (CANG) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $222M of Cango Inc stock for Q2 2020, up 8.2% quarter-over-quarter.
- 1 fund opened new Cango Inc positions in Q2 2020 and 1 closed out, a net change of 0 holders.
- The largest Cango Inc seller in Q2 2020 was UBS Group, an estimated $33K sold.
Based on aggregated 13F filings for Q2 2020.