Cass Information Systems
CASS
99 hedge funds and large institutions have $293M invested in Cass Information Systems in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 37 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
9% more funds holding
Funds holding: 91 → 99 (+8)
0% less capital invested
Capital invested by funds: $294M → $293M (-$700K)
22% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ProShare Advisors
Bethesda,
Maryland
|
+$1.86M |
| 2 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$1M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$816K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$750K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$685K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$2.67M |
| 2 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$1.4M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$990K |
| 4 |
Renaissance Technologies
New York
|
-$945K |
| 5 |
Citigroup
New York
|
-$491K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
HighTower Advisors
Chicago,
Illinois
| – | -$990K | -25,032 | Closed |
|
CASS Hedge Fund Activity: Q2 2016 in Review
99 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q2 2016, worth a combined $293M — down 0.24% from $294M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CASS positions and 2 closed out — a net gain of 8 holders — while 29 added to existing stakes and 37 trimmed.
The largest buyer was ProShare Advisors, opening a new position worth an estimated $1.86M. The largest seller was Opus Capital Group, exiting entirely with an estimated $2.67M sold.
- 99 institutional investors held Cass Information Systems (CASS) as of Q2 2016, up from 91 in Q1 2016.
- Funds reported $293M of Cass Information Systems stock for Q2 2016, down 0.24% quarter-over-quarter.
- 10 funds opened new Cass Information Systems positions in Q2 2016 and 2 closed out, a net change of +8 holders.
- The largest Cass Information Systems buyer in Q2 2016 was ProShare Advisors, an estimated $1.86M added.
- The largest Cass Information Systems seller in Q2 2016 was Opus Capital Group, an estimated $2.67M sold.
Based on aggregated 13F filings for Q2 2016.