Cass Information Systems
CASS
89 hedge funds and large institutions have $274M invested in Cass Information Systems in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 34 increasing their positions, 32 reducing their positions, and 5 closing their positions.
17% more capital invested
Capital invested by funds: $235M → $274M (+$39.8M)
6% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 32
0% more funds holding
Funds holding: 89 → 89 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$4.27M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.08M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.81M |
| 4 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$1.59M |
| 5 |
Bank of New York Mellon
New York
|
+$768K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QCMNJ
Quantum Capital Management (New Jersey)
Northfield,
New Jersey
|
-$3.68M |
| 2 |
TAM
Third Avenue Management
New York
|
-$3M |
| 3 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
-$1.91M |
| 4 |
HTC
Hershey Trust Company
Hershey,
Pennsylvania
|
-$1.03M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$737K |
CASS Hedge Fund Activity: Q3 2013 in Review
89 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q3 2013, worth a combined $274M — up 17% from $235M a quarter earlier.
Fund positioning in CASS was balanced in Q3 2013: 5 funds opened new positions, 5 closed out, 34 added to existing stakes and 32 trimmed.
The largest buyer was Mason Street Advisors, opening a new position worth an estimated $4.27M. The largest seller was Quantum Capital Management (New Jersey), cutting an estimated $3.68M.
- 89 institutional investors held Cass Information Systems (CASS) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $274M of Cass Information Systems stock for Q3 2013, up 17% quarter-over-quarter.
- 5 funds opened new Cass Information Systems positions in Q3 2013 and 5 closed out, a net change of 0 holders.
- The largest Cass Information Systems buyer in Q3 2013 was Mason Street Advisors, an estimated $4.27M added.
- The largest Cass Information Systems seller in Q3 2013 was Quantum Capital Management (New Jersey), an estimated $3.68M sold.
Based on aggregated 13F filings for Q3 2013.