Cango
CANG on NYSE. Market value $110m.
Should I look at this?
We have not checked this company yet
This is not advice.
Who owns it
None of the long-term investors we follow own it. 37 funds in all.
Largest holders overall
- Primavera Capital Management$2m
- Mirae Asset Global Etfs Holdings$570,058Added
- Goldman Sachs Group$478,829Added
- Vident Advisory$421,564Added
- Renaissance Technologies$234,815Added
- UBS Group AG$218,147
- Cetera Investment Advisers$112,373Added
- Hennion & Walsh Asset Management$96,191Added
- XTX Topco$83,201Added
- Millennium Management$46,276Cut
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
7 investors own more than 5%.
- Golden TechGen LimitedStrategic holder19.9%Since 27 June 2025
What they said
On November 6, 2024, the Issuer, the Reporting Person and certain other persons (together with the Reporting Person, the "Sellers") entered into an on-rack sales and purchase agreement (as may be amended, supplemented, modified and varied from time to time, the "Purchase…
Read the filing - Jiayuan Linat least 13.3%−15.3 pts(filed with 2 related holders)Since 23 July 2025
What they said
Item 4 of the Schedule 13D is hereby amended and restated in its entirety as follows: The information set forth in or incorporated by reference in Items 3 and 6 of this Schedule 13D is incorporated by reference in its entirety into this Item 4. On June 2, 2025, Mr. Jiayuan Lin…
Read the filing - Xiaojun Zhangat least 13.1%−14.8 pts(filed with 1 related holder)Since 23 July 2025
What they said
Item 4 of the Schedule 13D is hereby amended and restated in its entirety as follows: The information set forth in or incorporated by reference in Items 3 and 6 of this Schedule 13D is incorporated by reference in its entirety into this Item 4. On June 2, 2025, Mr. Xiaojun Zhang…
Read the filing - CHIU, CHANG-WEIInsider or founderat least 12.0%(filed with 2 related holders)Since 11 February 2026
What they said
To reaffirm his confidence in the Issuer's strategic trajectory and future business prospects, Mr. Chiu indicated to the Issuer his interest in making equity investment in the Issuer. Upon approval of the Issuer's audit committee and the board of directors, Fortune Peak Limited,…
Read the filing - Boyu Capital Fund III, L.P.Passive investorat least 10.9%(filed with 6 related holders)Since 31 December 2024
- Taikang Asset Management Co., Ltd.Passive investorat least 4.4%(filed with 8 related holders)Since 31 December 2024
- Tencent Holdings LimitedPassive investorat least 3.9%−8.8 pts(filed with 1 related holder)Since 30 June 2025
| Holder | Stake | Since | |
|---|---|---|---|
Golden TechGen Limited Strategic holder | 19.9% | 27 June 2025 | What they saidOn November 6, 2024, the Issuer, the Reporting Person and certain other persons (together with the Reporting Person, the "Sellers") entered into an on-rack sales and purchase agreement (as may be amended, supplemented, modified and varied from time to time, the "Purchase… Read the filing |
Jiayuan Lin | at least 13.3%−15.3 pts (filed with 2 related holders) | 23 July 2025 | What they saidItem 4 of the Schedule 13D is hereby amended and restated in its entirety as follows: The information set forth in or incorporated by reference in Items 3 and 6 of this Schedule 13D is incorporated by reference in its entirety into this Item 4. On June 2, 2025, Mr. Jiayuan Lin… Read the filing |
Xiaojun Zhang | at least 13.1%−14.8 pts (filed with 1 related holder) | 23 July 2025 | What they saidItem 4 of the Schedule 13D is hereby amended and restated in its entirety as follows: The information set forth in or incorporated by reference in Items 3 and 6 of this Schedule 13D is incorporated by reference in its entirety into this Item 4. On June 2, 2025, Mr. Xiaojun Zhang… Read the filing |
CHIU, CHANG-WEI Insider or founder | at least 12.0% (filed with 2 related holders) | 11 February 2026 | What they saidTo reaffirm his confidence in the Issuer's strategic trajectory and future business prospects, Mr. Chiu indicated to the Issuer his interest in making equity investment in the Issuer. Upon approval of the Issuer's audit committee and the board of directors, Fortune Peak Limited,… Read the filing |
Boyu Capital Fund III, L.P. Passive investor | at least 10.9% (filed with 6 related holders) | 31 December 2024 | |
Taikang Asset Management Co., Ltd. Passive investor | at least 4.4% (filed with 8 related holders) | 31 December 2024 | |
Tencent Holdings Limited Passive investor | at least 3.9%−8.8 pts (filed with 1 related holder) | 30 June 2025 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
We have no insider filings for this company yet.
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
Cango doesn’t file a US annual report (10-K), so we haven’t checked it.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.