Cass Information Systems
CASS
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.
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: 117 → 124 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$10.7M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$1.73M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
+$1.55M |
| 4 |
BlackRock
New York
|
+$1.35M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$987K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.05M |
| 2 |
Renaissance Technologies
New York
|
-$1.81M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$1.08M |
| 4 |
Two Sigma Investments
New York
|
-$1.02M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
126
PEAK6 Investments
Chicago,
Illinois
| – | -$381K | -7,867 | Closed |
|
127
D.E. Shaw & Co
New York
| – | -$330K | -6,816 | Closed |
|
128
Marshall Wace
London,
United Kingdom
| – | -$230K | -4,738 | Closed |
|
|
OSAM
129
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$129K | -2,674 | Closed |
|
130
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$39K | -806 | 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.