Cass Information Systems
CASS
127 hedge funds and large institutions have $355M invested in Cass Information Systems in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 54 increasing their positions, 31 reducing their positions, and 13 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 31
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
11% more capital invested
Capital invested by funds: $320M → $355M (+$35.8M)
3% more funds holding
Funds holding: 123 → 127 (+4)
0.53% more ownership
Funds ownership: 62.64% → 63.17% (+0.53%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
95% less call options, than puts
Call options by funds: $40K | Put options by funds: $851K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$4.94M |
| 2 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
+$4.81M |
| 3 |
Janus Henderson Group
London,
|
+$3.23M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$2.66M |
| 5 |
Axa
Paris,
France
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$22.8M |
| 2 |
ProShare Advisors
Bethesda,
Maryland
|
-$2.04M |
| 3 |
Renaissance Technologies
New York
|
-$1.98M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.38M |
| 5 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$1.1M |
CASS Hedge Fund Activity: Q2 2020 in Review
127 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q2 2020, worth a combined $355M — up 11% from $320M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CASS positions and 13 closed out — a net gain of 4 holders — while 54 added to existing stakes and 31 trimmed.
The largest buyer was River Road Asset Management, opening a new position worth an estimated $4.94M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $22.8M.
- 127 institutional investors held Cass Information Systems (CASS) as of Q2 2020, up from 123 in Q1 2020.
- Funds reported $355M of Cass Information Systems stock for Q2 2020, up 11% quarter-over-quarter.
- 17 funds opened new Cass Information Systems positions in Q2 2020 and 13 closed out, a net change of +4 holders.
- The largest Cass Information Systems buyer in Q2 2020 was River Road Asset Management, an estimated $4.94M added.
- The largest Cass Information Systems seller in Q2 2020 was Kayne Anderson Rudnick Investment Management, an estimated $22.8M sold.
Based on aggregated 13F filings for Q2 2020.