Cass Information Systems
CASS
120 hedge funds and large institutions have $445M invested in Cass Information Systems in 2018 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 46 increasing their positions, 25 reducing their positions, and 8 closing their positions.
150% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 8
84% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 25
38% more call options, than puts
Call options by funds: $474K | Put options by funds: $344K
21% more capital invested
Capital invested by funds: $367M → $445M (+$77.3M)
10% more funds holding
Funds holding: 109 → 120 (+11)
2.89% more ownership
Funds ownership: 60.28% → 63.17% (+2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ProShare Advisors
Bethesda,
Maryland
|
+$6.26M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.62M |
| 3 |
BlackRock
New York
|
+$3.33M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.44M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$6.09M |
| 2 |
WCM Investment Management
Laguna Beach,
California
|
-$5.28M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$2.72M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$493K |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$430K |
CASS Hedge Fund Activity: Q2 2018 in Review
120 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q2 2018, worth a combined $445M — up 21% from $367M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CASS positions and 8 closed out — a net gain of 12 holders — while 46 added to existing stakes and 25 trimmed.
The largest buyer was ProShare Advisors, opening a new position worth an estimated $6.26M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $6.09M.
- 120 institutional investors held Cass Information Systems (CASS) as of Q2 2018, up from 109 in Q1 2018.
- Funds reported $445M of Cass Information Systems stock for Q2 2018, up 21% quarter-over-quarter.
- 20 funds opened new Cass Information Systems positions in Q2 2018 and 8 closed out, a net change of +12 holders.
- The largest Cass Information Systems buyer in Q2 2018 was ProShare Advisors, an estimated $6.26M added.
- The largest Cass Information Systems seller in Q2 2018 was Kayne Anderson Rudnick Investment Management, an estimated $6.09M sold.
Based on aggregated 13F filings for Q2 2018.