Cango Inc
CANG
35 hedge funds and large institutions have $106M invested in Cango Inc in 2021 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 8 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.03% less ownership
Funds ownership: 1.58% → 1.55% (-0.03%)
5% less funds holding
Funds holding: 37 → 35 (-2)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
23% less capital invested
Capital invested by funds: $138M → $106M (-$32.3M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$277K |
| 2 |
RC
RBF Capital
San Francisco,
California
|
+$69.2K |
| 3 |
LWAM
Legacy Wealth Asset Management
Woodbury,
Minnesota
|
+$53.9K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$51.9K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$49.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$588K |
| 2 |
Millennium Management
New York
|
-$577K |
| 3 |
TLCM
Twin Lakes Capital Management
Redwood Shores,
California
|
-$271K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$270K |
| 5 |
ProShare Advisors
Bethesda,
Maryland
|
-$214K |
CANG Hedge Fund Activity: Q4 2021 in Review
35 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q4 2021, worth a combined $106M — down 23% from $138M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of CANG and 6 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was Envestnet Asset Management, adding an estimated $277K. The largest seller was Marshall Wace, cutting an estimated $588K.
- 35 institutional investors held Cango Inc (CANG) as of Q4 2021, down from 37 in Q3 2021.
- Funds reported $106M of Cango Inc stock for Q4 2021, down 23% quarter-over-quarter.
- 6 funds opened new Cango Inc positions in Q4 2021 and 8 closed out, a net change of -2 holders.
- The largest Cango Inc buyer in Q4 2021 was Envestnet Asset Management, an estimated $277K added.
- The largest Cango Inc seller in Q4 2021 was Marshall Wace, an estimated $588K sold.
Based on aggregated 13F filings for Q4 2021.