Cass Information Systems
CASS
124 hedge funds and large institutions have $360M invested in Cass Information Systems in 2019 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 40 increasing their positions, 39 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
7% more funds holding
Funds holding: 116 → 124 (+8)
3% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 39
0% more call options, than puts
Call options by funds: $142K | Put options by funds: $142K
0.14% less ownership
Funds ownership: 52.58% → 52.44% (-0.14%)
12% less capital invested
Capital invested by funds: $410M → $360M (-$50M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
+$6.05M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$2.01M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.97M |
| 4 |
ProShare Advisors
Bethesda,
Maryland
|
+$1.88M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Homestead Advisers
Arlington,
Virginia
|
-$12.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.71M |
| 3 |
Morgan Stanley
New York
|
-$3.59M |
| 4 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$2.76M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.51M |
CASS Hedge Fund Activity: Q1 2019 in Review
124 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q1 2019, worth a combined $360M — down 12% from $410M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CASS positions and 6 closed out — a net gain of 9 holders — while 40 added to existing stakes and 39 trimmed.
The largest buyer was WCM Investment Management, adding an estimated $6.05M. The largest seller was Homestead Advisers, cutting an estimated $12.4M.
- 124 institutional investors held Cass Information Systems (CASS) as of Q1 2019, up from 116 in Q4 2018.
- Funds reported $360M of Cass Information Systems stock for Q1 2019, down 12% quarter-over-quarter.
- 15 funds opened new Cass Information Systems positions in Q1 2019 and 6 closed out, a net change of +9 holders.
- The largest Cass Information Systems buyer in Q1 2019 was WCM Investment Management, an estimated $6.05M added.
- The largest Cass Information Systems seller in Q1 2019 was Homestead Advisers, an estimated $12.4M sold.
Based on aggregated 13F filings for Q1 2019.