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Cass Information Systems

124 hedge funds and large institutions have $432M invested in Cass Information Systems in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 44 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

14% more capital invested

Capital invested by funds: $380M → $432M (+$52M)

6% more funds holding

Funds holding: 117124 (+7)

1.27% more ownership

Funds ownership: 54.03%55.3% (+1.3%)

30% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 44

Holders
124
Holders Change
+7
Holders Change %
+5.98%
% of All Funds
2.72%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
31
Reduced
44
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
101
Prelude Capital Management
New York
$65K +$5.11K +100 +9%
HNB
102
Huntington National Bank
Ohio
$58K
SF
103
Synovus Financial
Georgia
$53K
CAPTRUST Financial Advisors
104
CAPTRUST Financial Advisors
North Carolina
$50K -$3.98K -78 -8%
AG
105
Advisor Group
Arizona
$42K
AF
106
Advisornet Financial
Minnesota
$36K
Zurich Cantonal Bank
107
Zurich Cantonal Bank
Switzerland
$34K +$32.4K +634 New
Fifth Third Bancorp
108
Fifth Third Bancorp
Ohio
$32K -$12.3K -241 -29%
QT
109
Quantamental Technologies
New York
$27K +$21.3K +417 +542%
Federated Hermes
110
Federated Hermes
Pennsylvania
$26K +$1.89K +37 +8%
PA
111
Parallel Advisors
California
$23K
ASN
112
Advisory Services Network
Georgia
$22K
CCM
113
Copeland Capital Management
Pennsylvania
$19K
TIS
114
Tortoise Index Solutions
Kansas
$19K +$7.76K +152 +79%
Lazard Asset Management
115
Lazard Asset Management
New York
$17K +$16.9K +330 New
MAM
116
Meeder Asset Management
Ohio
$16K -$6.74K -132 -30%
Fidelity Investments
117
Fidelity Investments
Massachusetts
$14K
TRCT
118
Tower Research Capital (TRC)
New York
$9K +$8.53K +167 New
HGWM
119
Harvest Group Wealth Management
Massachusetts
$7K -$2.76K -54 -30%
FHA
120
First Horizon Advisors
Tennessee
$7K +$51 +1 +0.8%
LTFS
121
Ladenburg Thalmann Financial Services
Florida
$6K +$5.62K +110 New
TL
122
TrueWealth LLC
Georgia
$4K
PFBT
123
Parkside Financial Bank & Trust
Missouri
$2K -$613 -12 -30%
GT
124
Glenmede Trust
Pennsylvania
$153
Assenagon Asset Management
125
Assenagon Asset Management
Luxembourg
-$1.01M -20,774 Closed

CASS Hedge Fund Activity: Q3 2019 in Review

124 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q3 2019, worth a combined $432M — up 14% from $380M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new CASS positions and 6 closed out — a net gain of 7 holders — while 31 added to existing stakes and 44 trimmed.

The largest buyer was Janus Henderson Group, opening a new position worth an estimated $10.7M. The largest seller was Millennium Management, cutting an estimated $2.05M.

  • 124 institutional investors held Cass Information Systems (CASS) as of Q3 2019, up from 117 in Q2 2019.
  • Funds reported $432M of Cass Information Systems stock for Q3 2019, up 14% quarter-over-quarter.
  • 13 funds opened new Cass Information Systems positions in Q3 2019 and 6 closed out, a net change of +7 holders.
  • The largest Cass Information Systems buyer in Q3 2019 was Janus Henderson Group, an estimated $10.7M added.
  • The largest Cass Information Systems seller in Q3 2019 was Millennium Management, an estimated $2.05M sold.

Based on aggregated 13F filings for Q3 2019.