Cass Information Systems
CASS
142 hedge funds and large institutions have $286M invested in Cass Information Systems in 2025 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 59 increasing their positions, 48 reducing their positions, and 13 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 48
0.29% more ownership
Funds ownership: 54.71% → 55.01% (+0.29%)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1% less funds holding
Funds holding: 144 → 142 (-2)
10% less capital invested
Capital invested by funds: $318M → $286M (-$31.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$2.82M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.78M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.62M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.49M |
| 5 |
Lazard Asset Management
New York
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$3.77M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$2.91M |
| 3 |
BlackRock
New York
|
-$1.7M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$1.67M |
| 5 |
BAM
Ballast Asset Management
Dallas,
Texas
|
-$1.63M |
CASS Hedge Fund Activity: Q3 2025 in Review
142 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q3 2025, worth a combined $286M — down 10% from $318M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CASS and 12 opened new positions — a net loss of 1 holder — while 48 trimmed existing stakes and 59 added.
The largest buyer was Two Sigma Investments, adding an estimated $2.82M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $3.77M.
- 142 institutional investors held Cass Information Systems (CASS) as of Q3 2025, down from 144 in Q2 2025.
- Funds reported $286M of Cass Information Systems stock for Q3 2025, down 10% quarter-over-quarter.
- 12 funds opened new Cass Information Systems positions in Q3 2025 and 13 closed out, a net change of -1 holder.
- The largest Cass Information Systems buyer in Q3 2025 was Two Sigma Investments, an estimated $2.82M added.
- The largest Cass Information Systems seller in Q3 2025 was Hotchkis & Wiley Capital Management, an estimated $3.77M sold.
Based on aggregated 13F filings for Q3 2025.