Cass Information Systems
CASS
91 hedge funds and large institutions have $297M invested in Cass Information Systems in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 33 increasing their positions, 30 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
10% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 30
2% more funds holding
Funds holding: 89 → 91 (+2)
2% more capital invested
Capital invested by funds: $291M → $297M (+$6.47M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
+$2.57M |
| 2 |
Renaissance Technologies
New York
|
+$1.12M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$792K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$702K |
| 5 |
Bank of New York Mellon
New York
|
+$638K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QCMNJ
Quantum Capital Management (New Jersey)
Northfield,
New Jersey
|
-$5.68M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$2.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.65M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$771K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$567K |
CASS Hedge Fund Activity: Q1 2016 in Review
91 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q1 2016, worth a combined $297M — up 2.2% from $291M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CASS positions and 5 closed out — a net gain of 3 holders — while 33 added to existing stakes and 30 trimmed.
The largest buyer was WCM Investment Management, opening a new position worth an estimated $2.57M. The largest seller was Quantum Capital Management (New Jersey), exiting entirely with an estimated $5.68M sold.
- 91 institutional investors held Cass Information Systems (CASS) as of Q1 2016, up from 89 in Q4 2015.
- Funds reported $297M of Cass Information Systems stock for Q1 2016, up 2.2% quarter-over-quarter.
- 8 funds opened new Cass Information Systems positions in Q1 2016 and 5 closed out, a net change of +3 holders.
- The largest Cass Information Systems buyer in Q1 2016 was WCM Investment Management, an estimated $2.57M added.
- The largest Cass Information Systems seller in Q1 2016 was Quantum Capital Management (New Jersey), an estimated $5.68M sold.
Based on aggregated 13F filings for Q1 2016.