Cango Inc
CANG
9 hedge funds and large institutions have $204M invested in Cango Inc in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 0 closing their positions.
80% more funds holding
Funds holding: 5 → 9 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more ownership
Funds ownership: 1.63% → 1.63% (+0%)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
8% less capital invested
Capital invested by funds: $222M → $204M (-$18.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$112K |
| 2 |
HF
HRT Financial
New York
|
+$76.2K |
| 3 |
VF
Virtu Financial
New York
|
+$18.5K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$17.6K |
| 5 |
Morgan Stanley
New York
|
+$13.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$56K |
CANG Hedge Fund Activity: Q3 2020 in Review
9 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q3 2020, worth a combined $204M — down 8.2% from $222M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new CANG positions and 0 closed out — a net gain of 4 holders — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $112K. The largest seller was Millennium Management, cutting an estimated $56K.
- 9 institutional investors held Cango Inc (CANG) as of Q3 2020, up from 5 in Q2 2020.
- Funds reported $204M of Cango Inc stock for Q3 2020, down 8.2% quarter-over-quarter.
- 4 funds opened new Cango Inc positions in Q3 2020 and 0 closed out, a net change of +4 holders.
- The largest Cango Inc buyer in Q3 2020 was Citadel Advisors, an estimated $112K added.
- The largest Cango Inc seller in Q3 2020 was Millennium Management, an estimated $56K sold.
Based on aggregated 13F filings for Q3 2020.