Chemung Financial Corp
CHMG
44 hedge funds and large institutions have $39M invested in Chemung Financial Corp in 2016 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 7 closing their positions.
200% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 7
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
47% more funds holding
Funds holding: 30 → 44 (+14)
37% more capital invested
Capital invested by funds: $28.5M → $39M (+$10.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.1M |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$1.35M |
| 3 |
State Street
Boston,
Massachusetts
|
+$977K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$893K |
| 5 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
+$774K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.84M |
| 2 |
CCT
Chemung Canal Trust
Elmira,
New York
|
-$550K |
| 3 |
Goldman Sachs
New York
|
-$463K |
| 4 |
CNC
Citizens & Northern Corp
Wellsboro,
Pennsylvania
|
-$206K |
| 5 |
Morgan Stanley
New York
|
-$98.8K |
CHMG Hedge Fund Activity: Q2 2016 in Review
44 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q2 2016, worth a combined $39M — up 37% from $28.5M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CHMG positions and 7 closed out — a net gain of 14 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $2.1M. The largest seller was Wellington Management Group, exiting entirely with an estimated $1.84M sold.
- 44 institutional investors held Chemung Financial Corp (CHMG) as of Q2 2016, up from 30 in Q1 2016.
- Funds reported $39M of Chemung Financial Corp stock for Q2 2016, up 37% quarter-over-quarter.
- 21 funds opened new Chemung Financial Corp positions in Q2 2016 and 7 closed out, a net change of +14 holders.
- The largest Chemung Financial Corp buyer in Q2 2016 was BlackRock Fund Advisors, an estimated $2.1M added.
- The largest Chemung Financial Corp seller in Q2 2016 was Wellington Management Group, an estimated $1.84M sold.
Based on aggregated 13F filings for Q2 2016.