Cass Information Systems
CASS
91 hedge funds and large institutions have $269M invested in Cass Information Systems in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 35 increasing their positions, 27 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
30% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 27
2% more funds holding
Funds holding: 89 → 91 (+2)
22% less capital invested
Capital invested by funds: $345M → $269M (-$76.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$4.95M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$2.52M |
| 3 |
QCMNJ
Quantum Capital Management (New Jersey)
Northfield,
New Jersey
|
+$1.54M |
| 4 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$1.31M |
| 5 |
Bank of New York Mellon
New York
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
-$3.96M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$913K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$849K |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$842K |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$608K |
CASS Hedge Fund Activity: Q1 2014 in Review
91 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q1 2014, worth a combined $269M — down 22% from $345M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CASS positions and 2 closed out — a net gain of 3 holders — while 35 added to existing stakes and 27 trimmed.
The largest buyer was Atlanta Capital Management, adding an estimated $4.95M. The largest seller was Third Avenue Management, cutting an estimated $3.96M.
- 91 institutional investors held Cass Information Systems (CASS) as of Q1 2014, up from 89 in Q4 2013.
- Funds reported $269M of Cass Information Systems stock for Q1 2014, down 22% quarter-over-quarter.
- 5 funds opened new Cass Information Systems positions in Q1 2014 and 2 closed out, a net change of +3 holders.
- The largest Cass Information Systems buyer in Q1 2014 was Atlanta Capital Management, an estimated $4.95M added.
- The largest Cass Information Systems seller in Q1 2014 was Third Avenue Management, an estimated $3.96M sold.
Based on aggregated 13F filings for Q1 2014.