Cango Inc
CANG
38 hedge funds and large institutions have $73.8M invested in Cango Inc in 2022 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
15% more funds holding
Funds holding: 33 → 38 (+5)
0.07% more ownership
Funds ownership: 1.53% → 1.61% (+0.07%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
14% less capital invested
Capital invested by funds: $86.2M → $73.8M (-$12.3M)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$251K |
| 2 |
Goldman Sachs
New York
|
+$123K |
| 3 |
Morgan Stanley
New York
|
+$95.2K |
| 4 |
E
Ergoteles
New York
|
+$65.5K |
| 5 |
Jane Street
New York
|
+$56.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$767K |
| 2 |
State Street
Boston,
Massachusetts
|
-$316K |
| 3 |
ProShare Advisors
Bethesda,
Maryland
|
-$298K |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$203K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$102K |
CANG Hedge Fund Activity: Q2 2022 in Review
38 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q2 2022, worth a combined $73.8M — down 14% from $86.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CANG positions and 5 closed out — a net gain of 6 holders — while 5 added to existing stakes and 10 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $251K. The largest seller was BlackRock, cutting an estimated $767K.
- 38 institutional investors held Cango Inc (CANG) as of Q2 2022, up from 33 in Q1 2022.
- Funds reported $73.8M of Cango Inc stock for Q2 2022, down 14% quarter-over-quarter.
- 11 funds opened new Cango Inc positions in Q2 2022 and 5 closed out, a net change of +6 holders.
- The largest Cango Inc buyer in Q2 2022 was Arrowstreet Capital, an estimated $251K added.
- The largest Cango Inc seller in Q2 2022 was BlackRock, an estimated $767K sold.
Based on aggregated 13F filings for Q2 2022.