Cango Inc
CANG
11 hedge funds and large institutions have $242M invested in Cango Inc in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
22% more funds holding
Funds holding: 9 → 11 (+2)
19% more capital invested
Capital invested by funds: $203M → $242M (+$38.7M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.09% less ownership
Funds ownership: 1.63% → 1.54% (-0.09%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$1.31M |
| 2 |
ICM
Ionic Capital Management
New York
|
+$674K |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$668K |
| 4 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
+$67.5K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$15.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
HSG Holding
Na,
Hong Kong
|
-$16M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$112K |
| 3 |
HF
HRT Financial
New York
|
-$76K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$18K |
| 5 |
Millennium Management
New York
|
-$142 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WP
1
Warburg Pincus
New York
| $187M | – | – | – |
|
|
PCM
2
Primavera Capital Management
George Town,
Cayman Islands
| $43.7M | – | – | – |
|
|
HH
3
HSG Holding
Na,
Hong Kong
| $8.38M | -$16M | -243,964 | -67% |
|
|
4
CIBC World Market
Toronto,
Ontario, Canada
| $1.4M | +$1.31M | +20,000 | New |
|
|
ICM
5
Ionic Capital Management
New York
| $720K | +$674K | +10,288 | New |
|
|
6
Marshall Wace
London,
United Kingdom
| $714K | +$668K | +10,200 | New |
|
|
VF
7
Virtu Financial
New York
| $109K | +$9.11K | +139 | +10% |
|
|
SFI
8
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
| $72K | +$67.5K | +1,030 | New |
|
|
GWM
9
Geneos Wealth Management
Englewood,
Colorado
| $20K | +$15.7K | +240 | New |
|
10
Morgan Stanley
New York
| $18K | +$2.03K | +31 | +13% |
|
|
TCM
11
Tradewinds Capital Management
Bellingham,
Washington
| $2K | +$1.64K | +25 | New |
|
|
12
Millennium Management
New York
| – | -$142 | -2,558 | Closed |
|
|
13
Citadel Advisors
Miami,
Florida
| – | -$112K | -2,021 | Closed |
|
|
HF
14
HRT Financial
New York
| – | -$76K | -1,375 | Closed |
|
|
15
UBS Group
Zurich,
Switzerland
| – | -$18K | -317 | Closed |
|
CANG Hedge Fund Activity: Q4 2020 in Review
11 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q4 2020, worth a combined $242M — up 19% from $203M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CANG positions and 4 closed out — a net gain of 2 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was CIBC World Market, opening a new position worth an estimated $1.31M. The largest seller was HSG Holding, cutting an estimated $16M.
- 11 institutional investors held Cango Inc (CANG) as of Q4 2020, up from 9 in Q3 2020.
- Funds reported $242M of Cango Inc stock for Q4 2020, up 19% quarter-over-quarter.
- 6 funds opened new Cango Inc positions in Q4 2020 and 4 closed out, a net change of +2 holders.
- The largest Cango Inc buyer in Q4 2020 was CIBC World Market, an estimated $1.31M added.
- The largest Cango Inc seller in Q4 2020 was HSG Holding, an estimated $16M sold.
Based on aggregated 13F filings for Q4 2020.