Cango: which funds own it
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Sections with a free account
No concentrated manager holds it.
Who owns Cango?
Cango trades in the U.S. through ADRs, certificates that represent shares of a non-U.S. company. Form 13F counts ADRs while the company reports ordinary shares, so we do not compute percentages. Holders reporting more than 5% of the ordinary shares to the SEC (Schedules 13D/13G): Golden TechGen, 19.9% (13D filed Jul 31, 2025), Jiayuan Lin, 13.3% (13D/A filed Jul 25, 2025), Xiaojun Zhang, 13.1% (13D/A filed Jul 25, 2025), Chiu, Chang-wei, 12.0% (13D filed Mar 18, 2026) and Boyu Capital Fund III, 10.9% (13G/A filed Feb 11, 2025). As of Jun 30, 2026, the largest ADR holders reported on Form 13F were Primavera Capital Management (10.3 million ADRs) and Partners Capital Investment Group, LLP (155,000 ADRs).
Sources:13D by Golden TechGen (Jul 31, 2025) ↗13D/A by Jiayuan Lin (Jul 25, 2025) ↗13D/A by Xiaojun Zhang (Jul 25, 2025) ↗13D by Chiu, Chang-wei (Mar 18, 2026) ↗13G/A by Boyu Capital Fund III (Feb 11, 2025) ↗All of the company's proxy statements on EDGAR ↗
We hold 13D and 13G filings made since Dec 23, 2024: a holder above 5% that has not filed since then does not appear here.
Cango revenue
Cango reported annual revenue of $688.1 million for fiscal year 2025 (year ended December 31, 2025), according to its Form 20-F filed with the SEC (XBRL data).
Quarter flow (concentrated managers)
Concentrated managers holding it
None in the latest quarter.
Largest holders (all 13F filers)
- Primavera Capital Management10.3 MPrivate equity or venture capital · 3.64% of the company0
- Partners Capital Investment Group, LLP155 KType not verified · 0.05% of the company+10 K
- Shares
- 10.3 M
- Change
- 0
- % of the company
- 3.64%
See more
- Type
- Private equity or venture capital
- Value
- $2.1M
- Shares
- 155 K
- Change
- +10 K
- % of the company
- 0.05%
See more
- Type
- Type not verified
- Value
- $31.7K
The 10 13F filers with the most shares as of Jun 30, 2026, whatever their type (index firms usually come first). “Change”: shares added or cut versus the previous quarter, split-adjusted; “no data” = there is no comparable portfolio for the previous quarter (no filing, or a filing with its holdings under confidential treatment). “% of the company” only where shares outstanding are up to date. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. With a free account: the top 25, the largest buyers and the largest sellers.
Fundamentals
12-month figures to Dec 31, 2025 · balance sheet as of Dec 31, 2025.
- Operating margin
- -63.5%
- Net margin
- -90.4%
- ROE
- -156.6%
- Revenue (TTM)
- $688M
- Revenue growth
- 524.3%
- Net income (TTM)
- $-622M
- Net debt / EBITDA
- —
- Free cash flow (TTM)
- $-119M
- Quality vs sector
- —
This company's sector comes from its SIC code, unreviewed, or has too few comparable companies: we do not compare it with its sector.
Figures from the statements the company filed with the SEC (10-K, 10-Q). Free cash flow = operating cash flow − capital expenditures; empty if the company does not report capex. “Quality vs sector”: 0 to 100, the average of its percentiles in ROE, operating margin, free-cash-flow margin, revenue and earnings growth and net debt / EBITDA (at least 3 needed) against companies in its sector above $300M. How each figure is calculated
Shares outstanding: buybacks and dilution
2025: 283.3 M
- 1 year
- +21.6%
- 3 years
- +3.4%
- 5 years
- no data
- Buybacks (FY 2025)
- $1.2M
- Share issuance
- no data
- Stock-based compensation
- $4.9M0.7% of revenue
- Dividends paid
- no data
From the statements the company filed with the SEC (10-K). The change compares average diluted shares of each fiscal year, on today's basis: negative = it bought back more than it issued; positive = dilution. “No data” = the company does not report that item under a tag we can read; it does not mean zero.
Earnings quality and debt
- Operating cash flow ÷ net income (12 months)
- no datanot calculated with negative net income
- Interest coverage (operating income ÷ interest)
- −56.6 timesnegative operating income
- Debt due within 12 months
- no data
- Year 1—
- Year 2$35.5M
- Year 3$522M
- Year 4—
- Year 5—
- Later—
From the figures the company filed with the SEC. Cash flow over net income near or above 1 means earnings are collected in cash; far below, that part is accounting. Coverage says how many times operating income pays the latest fiscal year's interest. Maturities come from the debt note of the latest annual report, counted from its closing date. “No data” never means zero.
Insiders (Form 4)
Open-market purchases, excluding 10b5-1 plans. Officers and directors only; joint filers of the same purchase count as one. 10% owners with no role are shown separately. 0 = nobody bought; “no data” = we do not have its Form 4 filings.
Each of the company's Form 4 filings, on EDGAR ↗Latest trades, with date and filing →
Above 5% (13D/13G)
Disclosed stakes, with their amendments. A filing is not always a purchase: there are also reductions and changes of filing entity.
This list may be incomplete: we hold 13D and 13G filings made since Dec 23, 2024. A holder above 5% that has not filed anything since then is not shown here.
Above 5% over time (13D/13G)
Each holder with its filings in order. History since December 2024.
This company filed no 8-K forms in the last year. Foreign companies listed in the US (ADRs) report material events on forms 6-K and 20-F, and ETFs and funds do not file 8-Ks. If it is a foreign company listed in the US through ADRs (American Depositary Receipts), what trades are bank-issued certificates that represent shares from its home market.
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