Chemung Financial Corp
CHMG
26 hedge funds and large institutions have $27.4M invested in Chemung Financial Corp in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
14% less capital invested
Capital invested by funds: $31.8M → $27.4M (-$4.39M)
24% less funds holding
Funds holding: 34 → 26 (-8)
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$762K |
| 2 |
Goldman Sachs
New York
|
+$212K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$55.2K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$26.6K |
| 5 |
First Manhattan
New York
|
+$21.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCT
Chemung Canal Trust
Elmira,
New York
|
-$1.22M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$890K |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$458K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$425K |
| 5 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$303K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $2 | +$1.17K | +41 | +117% |
|
|
27
Northern Trust
Chicago,
Illinois
| – | -$890K | -30,146 | Closed |
|
|
PP
28
Paloma Partners
Greenwich,
Connecticut
| – | -$458K | -15,516 | Closed |
|
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$425K | -14,446 | Closed |
|
|
COPPSERS
30
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$303K | -10,258 | Closed |
|
31
Stifel Financial
St. Louis,
Missouri
| – | -$205K | -7,000 | Closed |
|
32
State Street
Boston,
Massachusetts
| – | -$205K | -6,900 | Closed |
|
|
VIA
33
Vantage Investment Advisors
State College,
Pennsylvania
| – | -$3K | -100 | Closed |
|
34
Citigroup
New York
| – | -$1K | -31 | Closed |
|
CHMG Hedge Fund Activity: Q3 2014 in Review
26 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q3 2014, worth a combined $27.4M — down 14% from $31.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CHMG and 1 opened new positions — a net loss of 8 holders — while 8 trimmed existing stakes and 8 added.
The largest buyer was Wellington Management Group, adding an estimated $762K. The largest seller was Chemung Canal Trust, cutting an estimated $1.22M.
- 26 institutional investors held Chemung Financial Corp (CHMG) as of Q3 2014, down from 34 in Q2 2014.
- Funds reported $27.4M of Chemung Financial Corp stock for Q3 2014, down 14% quarter-over-quarter.
- 1 fund opened new Chemung Financial Corp positions in Q3 2014 and 9 closed out, a net change of -8 holders.
- The largest Chemung Financial Corp buyer in Q3 2014 was Wellington Management Group, an estimated $762K added.
- The largest Chemung Financial Corp seller in Q3 2014 was Chemung Canal Trust, an estimated $1.22M sold.
Based on aggregated 13F filings for Q3 2014.