Pathward Financial
CASH
148 hedge funds and large institutions have $443M invested in Pathward Financial in 2020 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 47 increasing their positions, 56 reducing their positions, and 31 closing their positions.
4% less funds holding
Funds holding: 154 → 148 (-6)
7.8% less ownership
Funds ownership: 78.89% → 71.09% (-7.8%)
16% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 56
16% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 31
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
24% less call options, than puts
Call options by funds: $361K | Put options by funds: $476K
25% less capital invested
Capital invested by funds: $591M → $443M (-$148M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$4.65M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$3.18M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.67M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$1.52M |
| 5 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HZ
Hixon Zuercher
Findlay,
Ohio
|
-$22.7M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$12.7M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$9.26M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$8.1M |
| 5 |
BlackRock
New York
|
-$6.67M |
CASH Hedge Fund Activity: Q2 2020 in Review
148 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Pathward Financial (CASH) for Q2 2020, worth a combined $443M — down 25% from $591M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of CASH and 26 opened new positions — a net loss of 5 holders — while 56 trimmed existing stakes and 47 added.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $4.65M. The largest seller was Hixon Zuercher, cutting an estimated $22.7M.
- 148 institutional investors held Pathward Financial (CASH) as of Q2 2020, down from 154 in Q1 2020.
- Funds reported $443M of Pathward Financial stock for Q2 2020, down 25% quarter-over-quarter.
- 26 funds opened new Pathward Financial positions in Q2 2020 and 31 closed out, a net change of -5 holders.
- The largest Pathward Financial buyer in Q2 2020 was Assenagon Asset Management, an estimated $4.65M added.
- The largest Pathward Financial seller in Q2 2020 was Hixon Zuercher, an estimated $22.7M sold.
Based on aggregated 13F filings for Q2 2020.