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: $204M → $242M (+$38.6M)
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 |
Millennium Management
New York
|
-$142K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$112K |
| 4 |
HF
HRT Financial
New York
|
-$76K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$18K |
CANG Hedge Fund Activity: Q4 2020 in Review
11 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q4 2020, worth a combined $242M — up 19% from $204M 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.