Pathward Financial
CASH
154 hedge funds and large institutions have $586M invested in Pathward Financial in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 57 increasing their positions, 59 reducing their positions, and 35 closing their positions.
2.72% more ownership
Funds ownership: 75.49% → 78.21% (+2.7%)
3% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 59
8% less funds holding
Funds holding: 168 → 154 (-14)
34% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 35
43% less capital invested
Capital invested by funds: $1.03B → $586M (-$447M)
58% less funds holding in top 10
Funds holding in top 10: 12 → 5 (-7)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $8K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HZ
Hixon Zuercher
Findlay,
Ohio
|
+$46.7M |
| 2 |
Goldman Sachs
New York
|
+$13M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$11.3M |
| 4 |
BlackRock
New York
|
+$5.73M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$17.1M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$14.4M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$11.8M |
| 4 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$11.5M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$8.39M |
CASH Hedge Fund Activity: Q1 2020 in Review
154 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Pathward Financial (CASH) for Q1 2020, worth a combined $586M — down 43% from $1.03B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of CASH and 23 opened new positions — a net loss of 12 holders — while 59 trimmed existing stakes and 57 added.
The largest buyer was Hixon Zuercher, adding an estimated $46.7M. The largest seller was Second Curve Capital, exiting entirely with an estimated $17.1M sold.
- 154 institutional investors held Pathward Financial (CASH) as of Q1 2020, down from 168 in Q4 2019.
- Funds reported $586M of Pathward Financial stock for Q1 2020, down 43% quarter-over-quarter.
- 23 funds opened new Pathward Financial positions in Q1 2020 and 35 closed out, a net change of -12 holders.
- The largest Pathward Financial buyer in Q1 2020 was Hixon Zuercher, an estimated $46.7M added.
- The largest Pathward Financial seller in Q1 2020 was Second Curve Capital, an estimated $17.1M sold.
Based on aggregated 13F filings for Q1 2020.