Cass Information Systems
CASS
121 hedge funds and large institutions have $266M invested in Cass Information Systems in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 52 increasing their positions, 36 reducing their positions, and 16 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 36
2% more capital invested
Capital invested by funds: $262M → $266M (+$4M)
0.66% less ownership
Funds ownership: 56.81% → 56.15% (-0.66%)
7% less funds holding
Funds holding: 130 → 121 (-9)
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$7.19M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.49M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.24M |
| 4 |
Goldman Sachs
New York
|
+$1.75M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$8.73M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$1.99M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.76M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.69M |
| 5 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$1.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Principal Financial Group
Des Moines,
Iowa
| – | -$342K | -10,109 | Closed |
|
127
Tudor Investment Corp
Stamford,
Connecticut
| – | -$240K | -7,088 | Closed |
|
|
GCP
128
GSA Capital Partners
London,
United Kingdom
| – | -$216K | -6,381 | Closed |
|
129
Marshall Wace
London,
United Kingdom
| – | -$205K | -6,067 | Closed |
|
|
HNB
130
Huntington National Bank
Columbus,
Ohio
| – | -$47K | -1,387 | Closed |
|
|
TIS
131
Tortoise Index Solutions
Overland Park,
Kansas
| – | -$18K | -530 | Closed |
|
132
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$8K | -236 | Closed |
|
|
STCOSD
133
Sageworth Trust Company of South Dakota
Sioux Falls,
South Dakota
| – | -$2K | -73 | Closed |
|
|
KFP
134
KB Financial Partners
Princeton,
New Jersey
| – | -$1K | -23 | Closed |
|
135
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$395 | +11 | New |
|
CASS Hedge Fund Activity: Q3 2022 in Review
121 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q3 2022, worth a combined $266M — up 1.5% from $262M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CASS and 8 opened new positions — a net loss of 8 holders — while 36 trimmed existing stakes and 52 added.
The largest buyer was Heartland Advisors, adding an estimated $7.19M. The largest seller was Atlanta Capital Management, exiting entirely with an estimated $8.73M sold.
- 121 institutional investors held Cass Information Systems (CASS) as of Q3 2022, down from 130 in Q2 2022.
- Funds reported $266M of Cass Information Systems stock for Q3 2022, up 1.5% quarter-over-quarter.
- 8 funds opened new Cass Information Systems positions in Q3 2022 and 16 closed out, a net change of -8 holders.
- The largest Cass Information Systems buyer in Q3 2022 was Heartland Advisors, an estimated $7.19M added.
- The largest Cass Information Systems seller in Q3 2022 was Atlanta Capital Management, an estimated $8.73M sold.
Based on aggregated 13F filings for Q3 2022.