Cass Information Systems
CASS
127 hedge funds and large institutions have $303M invested in Cass Information Systems in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 53 increasing their positions, 49 reducing their positions, and 19 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 49
0.55% more ownership
Funds ownership: 56.33% → 56.88% (+0.55%)
10% less capital invested
Capital invested by funds: $337M → $303M (-$33.9M)
11% less funds holding
Funds holding: 143 → 127 (-16)
74% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ProShare Advisors
Bethesda,
Maryland
|
+$9.92M |
| 2 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
+$2.97M |
| 3 |
PA
Pinnacle Associates
New York
|
+$2.56M |
| 4 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$2.22M |
| 5 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$2.78M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.42M |
| 3 |
BlackRock
New York
|
-$2.15M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.02M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.87M |
CASS Hedge Fund Activity: Q2 2023 in Review
127 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Cass Information Systems (CASS) for Q2 2023, worth a combined $303M — down 10% from $337M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CASS and 5 opened new positions — a net loss of 14 holders — while 49 trimmed existing stakes and 53 added.
The largest buyer was ProShare Advisors, adding an estimated $9.92M. The largest seller was State Street, cutting an estimated $2.78M.
- 127 institutional investors held Cass Information Systems (CASS) as of Q2 2023, down from 143 in Q1 2023.
- Funds reported $303M of Cass Information Systems stock for Q2 2023, down 10% quarter-over-quarter.
- 5 funds opened new Cass Information Systems positions in Q2 2023 and 19 closed out, a net change of -14 holders.
- The largest Cass Information Systems buyer in Q2 2023 was ProShare Advisors, an estimated $9.92M added.
- The largest Cass Information Systems seller in Q2 2023 was State Street, an estimated $2.78M sold.
Based on aggregated 13F filings for Q2 2023.