Cass Information Systems
CASS
98 hedge funds and large institutions have $320M invested in Cass Information Systems in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 37 increasing their positions, 34 reducing their positions, and 6 closing their positions.
9% more capital invested
Capital invested by funds: $293M → $320M (+$27.2M)
9% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 34
1% less funds holding
Funds holding: 99 → 98 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
+$3.25M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.14M |
| 3 |
ProShare Advisors
Bethesda,
Maryland
|
+$934K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$855K |
| 5 |
Goldman Sachs
New York
|
+$843K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$4.4M |
| 2 |
RA
Royce & Associates
New York
|
-$1.08M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$918K |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$560K |
| 5 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$269K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFA
101
Benedict Financial Advisors
Atlanta,
Georgia
| – | -$207K | -5,310 | Closed |
|
102
Teacher Retirement System of Texas
Austin,
Texas
| – | -$83K | -2,112 | Closed |
|
|
TRCT
103
Tower Research Capital (TRC)
New York
| – | -$7K | -162 | Closed |
|
|
CG
104
Cutler Group
San Francisco,
California
| – | +$123 | +3 | New |
|
CASS Hedge Fund Activity: Q3 2016 in Review
98 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q3 2016, worth a combined $320M — up 9.3% from $293M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CASS and 5 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 37 added.
The largest buyer was Calvert Investment Management, opening a new position worth an estimated $3.25M. The largest seller was ArrowMark Colorado Holdings, exiting entirely with an estimated $4.4M sold.
- 98 institutional investors held Cass Information Systems (CASS) as of Q3 2016, down from 99 in Q2 2016.
- Funds reported $320M of Cass Information Systems stock for Q3 2016, up 9.3% quarter-over-quarter.
- 5 funds opened new Cass Information Systems positions in Q3 2016 and 6 closed out, a net change of -1 holder.
- The largest Cass Information Systems buyer in Q3 2016 was Calvert Investment Management, an estimated $3.25M added.
- The largest Cass Information Systems seller in Q3 2016 was ArrowMark Colorado Holdings, an estimated $4.4M sold.
Based on aggregated 13F filings for Q3 2016.