Cango Inc
CANG
47 hedge funds and large institutions have $294M invested in Cango Inc in 2021 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 4 closing their positions.
900% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 4
327% more funds holding
Funds holding: 11 → 47 (+36)
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
21% more capital invested
Capital invested by funds: $242M → $294M (+$51.6M)
0.02% more ownership
Funds ownership: 1.54% → 1.55% (+0.02%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$7.32M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$7.23M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$5.42M |
| 4 |
Millennium Management
New York
|
+$1.65M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Primavera Capital Management
George Town,
Cayman Islands
|
-$11.1M |
| 2 |
HH
HSG Holding
Na,
Hong Kong
|
-$8.38M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$1.4M |
| 4 |
ICM
Ionic Capital Management
New York
|
-$197K |
| 5 |
VF
Virtu Financial
New York
|
-$109K |
CANG Hedge Fund Activity: Q1 2021 in Review
47 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q1 2021, worth a combined $294M — up 21% from $242M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new CANG positions and 4 closed out — a net gain of 36 holders — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Marshall Wace, adding an estimated $7.32M. The largest seller was Primavera Capital Management, cutting an estimated $11.1M.
- 47 institutional investors held Cango Inc (CANG) as of Q1 2021, up from 11 in Q4 2020.
- Funds reported $294M of Cango Inc stock for Q1 2021, up 21% quarter-over-quarter.
- 40 funds opened new Cango Inc positions in Q1 2021 and 4 closed out, a net change of +36 holders.
- The largest Cango Inc buyer in Q1 2021 was Marshall Wace, an estimated $7.32M added.
- The largest Cango Inc seller in Q1 2021 was Primavera Capital Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2021.