Cass Information Systems
CASS
117 hedge funds and large institutions have $381M invested in Cass Information Systems in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 50 increasing their positions, 37 reducing their positions, and 12 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 37
5% more capital invested
Capital invested by funds: $361M → $381M (+$19.6M)
1.5% more ownership
Funds ownership: 52.52% → 54.03% (+1.5%)
6% less funds holding
Funds holding: 124 → 117 (-7)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
59% less call options, than puts
Call options by funds: $145K | Put options by funds: $353K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.84M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$2.77M |
| 3 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$2.76M |
| 4 |
ProShare Advisors
Bethesda,
Maryland
|
+$1.72M |
| 5 |
Millennium Management
New York
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Homestead Advisers
Arlington,
Virginia
|
-$2.27M |
| 2 |
RC
Roubaix Capital
Denver,
Colorado
|
-$1.56M |
| 3 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$965K |
| 4 |
MC
Menta Capital
San Francisco,
California
|
-$737K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$683K |
CASS Hedge Fund Activity: Q2 2019 in Review
117 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q2 2019, worth a combined $381M — up 5.4% from $361M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of CASS and 8 opened new positions — a net loss of 4 holders — while 37 trimmed existing stakes and 50 added.
The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $2.84M. The largest seller was Homestead Advisers, cutting an estimated $2.27M.
- 117 institutional investors held Cass Information Systems (CASS) as of Q2 2019, down from 124 in Q1 2019.
- Funds reported $381M of Cass Information Systems stock for Q2 2019, up 5.4% quarter-over-quarter.
- 8 funds opened new Cass Information Systems positions in Q2 2019 and 12 closed out, a net change of -4 holders.
- The largest Cass Information Systems buyer in Q2 2019 was Hotchkis & Wiley Capital Management, an estimated $2.84M added.
- The largest Cass Information Systems seller in Q2 2019 was Homestead Advisers, an estimated $2.27M sold.
Based on aggregated 13F filings for Q2 2019.