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Chemung Financial Corp
CHMG

54 hedge funds and large institutions have $70.5M invested in Chemung Financial Corp in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more capital invested

Capital invested by funds: $54.9M → $70.5M (+$15.6M)

13% more funds holding

Funds holding: 48 → 54 (+6)

1.46% more ownership

Funds ownership: 34.77% → 36.23% (+1.5%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 19

Holders
54
Holders Change
+6
Holders Change %
+12.5%
% of All Funds
0.95%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
6
Increased
19
Reduced
19
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FCM
FJ Capital Management
Virginia
+$913K
2
BCM
Basswood Capital Management
New York
+$871K
3
BlackRock
BlackRock
New York
+$803K
4
Wells Fargo
Wells Fargo
California
+$408K
5
RA
Royce & Associates
New York
+$323K

Top Sellers

Rank Fund Capital Flow
1
CCT
Chemung Canal Trust
New York
-$678K
2
BCM
BHZ Capital Management
California
-$335K
3
Russell Investments Group
Russell Investments Group
United Kingdom
-$246K
4
State Street
State Street
Massachusetts
-$239K
5
MI
M3F Inc
Utah
-$103K
Name Holding Trade Value Shares
Change 		Change in
Stake
MAM
26
Martingale Asset Management
Massachusetts
$361K +$101K +2,702 +46%
Charles Schwab
27
Charles Schwab
California
$357K – – –
Commonwealth Equity Services
28
Commonwealth Equity Services
Massachusetts
$311K +$2.1K +56 +0.8%
California Public Employees Retirement System
29
California Public Employees Retirement System
California
$259K – – –
RhumbLine Advisers
30
RhumbLine Advisers
Massachusetts
$239K -$7.49K -200 -3%
California State Teachers Retirement System (CalSTRS)
31
California State Teachers Retirement System (CalSTRS)
California
$219K -$11K -294 -5%
Jacobs Levy Equity Management
32
Jacobs Levy Equity Management
New Jersey
$211K +$188K +5,034 New
Bank of America
33
Bank of America
North Carolina
$204K +$103K +2,763 +131%
SBSB
34
Sullivan, Bruyette, Speros & Blaney
Virginia
$165K – – –
New York State Common Retirement Fund
35
New York State Common Retirement Fund
New York
$142K – – –
Barclays
36
Barclays
United Kingdom
$121K +$66.7K +1,783 +159%
Deutsche Bank
37
Deutsche Bank
Germany
$93K -$8.09K -216 -9%
BNP Paribas Financial Markets
38
BNP Paribas Financial Markets
France
$74.2K +$30.3K +810 +84%
Ohio Public Employees Retirement System (OPERS)
39
Ohio Public Employees Retirement System (OPERS)
Ohio
$68K – – –
UBS Group
40
UBS Group
Switzerland
$57K +$6.48K +173 +15%
Royal Bank of Canada
41
Royal Bank of Canada
Ontario, Canada
$40K -$1.87K -50 -5%
Russell Investments Group
42
Russell Investments Group
United Kingdom
$29K -$246K -6,573 -90%
Osaic Holdings
43
Osaic Holdings
Arizona
$20K +$17.8K +475 New
Legal & General Group
44
Legal & General Group
United Kingdom
$13K – – –
TRCT
45
Tower Research Capital (TRC)
New York
$12K -$35.9K -959 -77%
Citigroup
46
Citigroup
New York
$10K -$17.2K -459 -67%
AIP
47
Ameritas Investment Partners
Nebraska
$10K – – –
Fidelity Investments
48
Fidelity Investments
Massachusetts
$8K – – –
PAM
49
Panagora Asset Management
Massachusetts
$6K – – –
Bank of Montreal
50
Bank of Montreal
Ontario, Canada
$4K -$16.5K -441 -83%
1
2
3

CHMG Hedge Fund Activity: Q1 2021 in Review

54 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q1 2021, worth a combined $70.5M — up 28% from $54.9M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new CHMG positions and 0 closed out — a net gain of 6 holders — while 19 added to existing stakes and 19 trimmed.

The largest buyer was FJ Capital Management, opening a new position worth an estimated $913K. The largest seller was Chemung Canal Trust, cutting an estimated $678K.

  • 54 institutional investors held Chemung Financial Corp (CHMG) as of Q1 2021, up from 48 in Q4 2020.
  • Funds reported $70.5M of Chemung Financial Corp stock for Q1 2021, up 28% quarter-over-quarter.
  • 6 funds opened new Chemung Financial Corp positions in Q1 2021 and 0 closed out, a net change of +6 holders.
  • The largest Chemung Financial Corp buyer in Q1 2021 was FJ Capital Management, an estimated $913K added.
  • The largest Chemung Financial Corp seller in Q1 2021 was Chemung Canal Trust, an estimated $678K sold.

Based on aggregated 13F filings for Q1 2021.