Cango Inc
CANG
27 hedge funds and large institutions have $39.2M invested in Cango Inc in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.11% less ownership
Funds ownership: 1.58% → 1.46% (-0.11%)
4% less funds holding
Funds holding: 28 → 27 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
47% less capital invested
Capital invested by funds: $74.1M → $39.2M (-$35M)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$76.2K |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$42.2K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$31.1K |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$20.6K |
| 5 |
State Street
Boston,
Massachusetts
|
+$7.65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Warburg Pincus
New York
|
-$4.53M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$57.3K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$46K |
| 4 |
RC
RBF Capital
San Francisco,
California
|
-$42K |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
-$40K |
CANG Hedge Fund Activity: Q4 2022 in Review
27 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q4 2022, worth a combined $39.2M — down 47% from $74.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CANG and 6 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 4 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $76.2K. The largest seller was Warburg Pincus, cutting an estimated $4.53M.
- 27 institutional investors held Cango Inc (CANG) as of Q4 2022, down from 28 in Q3 2022.
- Funds reported $39.2M of Cango Inc stock for Q4 2022, down 47% quarter-over-quarter.
- 6 funds opened new Cango Inc positions in Q4 2022 and 7 closed out, a net change of -1 holder.
- The largest Cango Inc buyer in Q4 2022 was Virtu Financial, an estimated $76.2K added.
- The largest Cango Inc seller in Q4 2022 was Warburg Pincus, an estimated $4.53M sold.
Based on aggregated 13F filings for Q4 2022.