Cass Information Systems
CASS
102 hedge funds and large institutions have $351M invested in Cass Information Systems in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 41 increasing their positions, 22 reducing their positions, and 9 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 22
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1% more funds holding
Funds holding: 101 → 102 (+1)
1.17% less ownership
Funds ownership: 67.24% → 66.07% (-1.2%)
6% less capital invested
Capital invested by funds: $375M → $351M (-$23.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$3.73M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.17M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.09M |
| 4 |
Two Sigma Investments
New York
|
+$1.59M |
| 5 |
Morgan Stanley
New York
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$17.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.05M |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$5.23M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$1.23M |
| 5 |
TRSOTSOK
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
-$1.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFBT
101
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| $3K | – | – | – |
|
|
EWM
102
Evercore Wealth Management
New York
| $2K | -$4.39K | -92 | -70% |
|
|
103
Wellington Management Group
Boston,
Massachusetts
| – | -$17.3M | -348,431 | Closed |
|
|
104
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$7.05M | -141,703 | Closed |
|
|
TRSOTSOK
105
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
| – | -$1.05M | -21,179 | Closed |
|
|
WI
106
WBI Investments
Red Bank,
New Jersey
| – | -$552K | -11,103 | Closed |
|
107
Creative Planning
Overland Park,
Kansas
| – | -$69K | -1,378 | Closed |
|
|
PG
108
PEAK6 Group
Chicago,
Illinois
| – | -$55K | -1,101 | Closed |
|
|
DADC
109
D.A. Davidson & Co
Great Falls,
Montana
| – | -$41K | -836 | Closed |
|
|
AIM
110
Acrospire Investment Management
Chicago,
Illinois
| – | -$29K | -585 | Closed |
|
CASS Hedge Fund Activity: Q3 2017 in Review
102 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q3 2017, worth a combined $351M — down 6.2% from $375M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CASS positions and 9 closed out — a net gain of 1 holder — while 41 added to existing stakes and 22 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $3.73M. The largest seller was Wellington Management Group, exiting entirely with an estimated $17.3M sold.
- 102 institutional investors held Cass Information Systems (CASS) as of Q3 2017, up from 101 in Q2 2017.
- Funds reported $351M of Cass Information Systems stock for Q3 2017, down 6.2% quarter-over-quarter.
- 10 funds opened new Cass Information Systems positions in Q3 2017 and 9 closed out, a net change of +1 holder.
- The largest Cass Information Systems buyer in Q3 2017 was Renaissance Technologies, an estimated $3.73M added.
- The largest Cass Information Systems seller in Q3 2017 was Wellington Management Group, an estimated $17.3M sold.
Based on aggregated 13F filings for Q3 2017.