Cass Information Systems
CASS
155 hedge funds and large institutions have $311M invested in Cass Information Systems in 2025 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 43 increasing their positions, 65 reducing their positions, and 18 closing their positions.
78% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 18
9% more funds holding
Funds holding: 142 → 155 (+13)
9% more capital invested
Capital invested by funds: $286M → $311M (+$25.3M)
2.31% more ownership
Funds ownership: 55.01% → 57.32% (+2.3%)
34% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$21.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.16M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.7M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$1.61M |
| 5 |
Goldman Sachs
New York
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
-$13.4M |
| 2 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$3.29M |
| 3 |
RA
Royce & Associates
New York
|
-$3M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.77M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.51M |
CASS Hedge Fund Activity: Q4 2025 in Review
155 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q4 2025, worth a combined $311M — up 8.9% from $286M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CASS positions and 18 closed out — a net gain of 14 holders — while 43 added to existing stakes and 65 trimmed.
The largest buyer was Brown Advisory, adding an estimated $21.6M. The largest seller was Fenimore Asset Management, exiting entirely with an estimated $13.4M sold.
- 155 institutional investors held Cass Information Systems (CASS) as of Q4 2025, up from 142 in Q3 2025.
- Funds reported $311M of Cass Information Systems stock for Q4 2025, up 8.9% quarter-over-quarter.
- 32 funds opened new Cass Information Systems positions in Q4 2025 and 18 closed out, a net change of +14 holders.
- The largest Cass Information Systems buyer in Q4 2025 was Brown Advisory, an estimated $21.6M added.
- The largest Cass Information Systems seller in Q4 2025 was Fenimore Asset Management, an estimated $13.4M sold.
Based on aggregated 13F filings for Q4 2025.