Chemung Financial Corp
CHMG
38 hedge funds and large institutions have $77.9M invested in Chemung Financial Corp in 2021 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 6 closing their positions.
2% more capital invested
Capital invested by funds: $76.6M → $77.9M (+$1.31M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.18% less ownership
Funds ownership: 36.28% → 36.1% (-0.18%)
10% less funds holding
Funds holding: 42 → 38 (-4)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$1.44M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$184K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$163K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$123K |
| 5 |
BCM
BHZ Capital Management
San Jose,
California
|
+$95K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$1.93M |
| 2 |
CCT
Chemung Canal Trust
Elmira,
New York
|
-$309K |
| 3 |
Two Sigma Advisers
New York
|
-$258K |
| 4 |
E
Ergoteles
New York
|
-$221K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$203K |
CHMG Hedge Fund Activity: Q4 2021 in Review
38 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q4 2021, worth a combined $77.9M — up 1.7% from $76.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CHMG and 2 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was Basswood Capital Management, adding an estimated $1.44M. The largest seller was M3F Inc, exiting entirely with an estimated $1.93M sold.
- 38 institutional investors held Chemung Financial Corp (CHMG) as of Q4 2021, down from 42 in Q3 2021.
- Funds reported $77.9M of Chemung Financial Corp stock for Q4 2021, up 1.7% quarter-over-quarter.
- 2 funds opened new Chemung Financial Corp positions in Q4 2021 and 6 closed out, a net change of -4 holders.
- The largest Chemung Financial Corp buyer in Q4 2021 was Basswood Capital Management, an estimated $1.44M added.
- The largest Chemung Financial Corp seller in Q4 2021 was M3F Inc, an estimated $1.93M sold.
Based on aggregated 13F filings for Q4 2021.