Cango Inc
CANG
28 hedge funds and large institutions have $9.38M invested in Cango Inc in 2024 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 0 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
12% more funds holding
Funds holding: 25 → 28 (+3)
9% more capital invested
Capital invested by funds: $8.62M → $9.38M (+$763K)
0.13% more ownership
Funds ownership: 0.29% → 0.41% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$42.5K |
| 2 |
TSS
Two Sigma Securities
New York
|
+$28.1K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$19.7K |
| 4 |
Morgan Stanley
New York
|
+$11.3K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$9.96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$37.1K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11.2K |
| 3 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$2.62K |
| 4 |
AL
Aspiriant LLC
Los Angeles,
California
|
-$2.31K |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$308 |
CANG Hedge Fund Activity: Q2 2024 in Review
28 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Cango Inc (CANG) for Q2 2024, worth a combined $9.38M — up 8.9% from $8.62M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new CANG positions and 0 closed out — a net gain of 4 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $42.5K. The largest seller was Millennium Management, cutting an estimated $37.1K.
- 28 institutional investors held Cango Inc (CANG) as of Q2 2024, up from 25 in Q1 2024.
- Funds reported $9.38M of Cango Inc stock for Q2 2024, up 8.9% quarter-over-quarter.
- 4 funds opened new Cango Inc positions in Q2 2024 and 0 closed out, a net change of +4 holders.
- The largest Cango Inc buyer in Q2 2024 was Citadel Advisors, an estimated $42.5K added.
- The largest Cango Inc seller in Q2 2024 was Millennium Management, an estimated $37.1K sold.
Based on aggregated 13F filings for Q2 2024.