Cass Information Systems
CASS
129 hedge funds and large institutions have $407M invested in Cass Information Systems in 2021 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 43 increasing their positions, 36 reducing their positions, and 16 closing their positions.
63% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 16
19% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 36
17% more capital invested
Capital invested by funds: $349M → $407M (+$58M)
8% more funds holding
Funds holding: 120 → 129 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.11% less ownership
Funds ownership: 62.29% → 61.18% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$12.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.77M |
| 3 |
RA
Royce & Associates
New York
|
+$5.66M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$3.86M |
| 5 |
ProShare Advisors
Bethesda,
Maryland
|
+$2.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$18.9M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$13.9M |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$13.9M |
| 4 |
Axa
Paris,
France
|
-$2.31M |
| 5 |
MCM
Maltese Capital Management
New York
|
-$2.14M |
CASS Hedge Fund Activity: Q1 2021 in Review
129 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q1 2021, worth a combined $407M — up 17% from $349M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CASS positions and 16 closed out — a net gain of 10 holders — while 43 added to existing stakes and 36 trimmed.
The largest buyer was Southernsun Asset Management, opening a new position worth an estimated $12.3M. The largest seller was Janus Henderson Group, exiting entirely with an estimated $18.9M sold.
- 129 institutional investors held Cass Information Systems (CASS) as of Q1 2021, up from 120 in Q4 2020.
- Funds reported $407M of Cass Information Systems stock for Q1 2021, up 17% quarter-over-quarter.
- 26 funds opened new Cass Information Systems positions in Q1 2021 and 16 closed out, a net change of +10 holders.
- The largest Cass Information Systems buyer in Q1 2021 was Southernsun Asset Management, an estimated $12.3M added.
- The largest Cass Information Systems seller in Q1 2021 was Janus Henderson Group, an estimated $18.9M sold.
Based on aggregated 13F filings for Q1 2021.