Cass Information Systems
CASS
106 hedge funds and large institutions have $419M invested in Cass Information Systems in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 40 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
160% more call options, than puts
Call options by funds: $900K | Put options by funds: $346K
67.33% more ownership
Funds ownership: 0% → 67.33% (+67%)
31% more capital invested
Capital invested by funds: $320M → $419M (+$99M)
8% more funds holding
Funds holding: 98 → 106 (+8)
28% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$4.81M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.42M |
| 3 |
Morgan Stanley
New York
|
+$1.89M |
| 4 |
ProShare Advisors
Bethesda,
Maryland
|
+$1.87M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$4.54M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$3.82M |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$3.09M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.23M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFBT
101
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| $5K | – | – | – |
|
|
FNBT
102
FineMark National Bank & Trust
Fort Myers,
Florida
| $4K | – | – | – |
|
|
PA
103
Parallel Advisors
San Francisco,
California
| $4K | +$3.37K | +70 | New |
|
|
FHA
104
First Horizon Advisors
Memphis,
Tennessee
| $3K | – | – | – |
|
105
Loomis, Sayles & Company
Boston,
Massachusetts
| $2K | -$2.79K | -58 | -67% |
|
|
106
Arrowstreet Capital
Boston,
Massachusetts
| – | -$1.92M | -44,685 | Closed |
|
107
LPL Financial
San Diego,
California
| – | -$508K | -12,292 | Closed |
|
|
DC
108
Deere & Company
Moline,
Illinois
| – | -$273K | -6,351 | Closed |
|
109
SG Americas Securities
New York
| – | -$109K | -2,544 | Closed |
|
CASS Hedge Fund Activity: Q4 2016 in Review
106 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q4 2016, worth a combined $419M — up 31% from $320M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CASS positions and 4 closed out — a net gain of 8 holders — while 29 added to existing stakes and 40 trimmed.
The largest buyer was Phocas Financial Corp, opening a new position worth an estimated $4.81M. The largest seller was Northern Trust, cutting an estimated $4.54M.
- 106 institutional investors held Cass Information Systems (CASS) as of Q4 2016, up from 98 in Q3 2016.
- Funds reported $419M of Cass Information Systems stock for Q4 2016, up 31% quarter-over-quarter.
- 12 funds opened new Cass Information Systems positions in Q4 2016 and 4 closed out, a net change of +8 holders.
- The largest Cass Information Systems buyer in Q4 2016 was Phocas Financial Corp, an estimated $4.81M added.
- The largest Cass Information Systems seller in Q4 2016 was Northern Trust, an estimated $4.54M sold.
Based on aggregated 13F filings for Q4 2016.