Chemung Financial Corp
CHMG
37 hedge funds and large institutions have $77.7M invested in Chemung Financial Corp in 2022 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 3 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.61% less ownership
Funds ownership: 35.99% → 35.39% (-0.61%)
1% less capital invested
Capital invested by funds: $78.5M → $77.7M (-$820K)
8% less funds holding
Funds holding: 40 → 37 (-3)
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$1.86M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$376K |
| 3 |
MCM
Maltese Capital Management
New York
|
+$345K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$157K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$47.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCT
Chemung Canal Trust
Elmira,
New York
|
-$2.26M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$701K |
| 3 |
RA
Royce & Associates
New York
|
-$315K |
| 4 |
Millennium Management
New York
|
-$186K |
| 5 |
First Manhattan
New York
|
-$152K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Millennium Management
New York
| $278K | -$186K | -4,087 | -41% |
|
27
Jacobs Levy Equity Management
Florham Park,
New Jersey
| $222K | -$13.3K | -293 | -6% |
|
28
Wells Fargo
San Francisco,
California
| $118K | +$91 | +2 | +0.1% |
|
29
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| $65K | -$11.4K | -250 | -15% |
|
30
Fidelity Investments
Boston,
Massachusetts
| $59K | – | – | – |
|
|
TF
31
Tompkins Financial
Ithaca,
New York
| $52K | – | – | – |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $36K | – | – | – |
|
33
UBS Group
Zurich,
Switzerland
| $34K | -$25.9K | -570 | -44% |
|
34
Russell Investments Group
London,
United Kingdom
| $18K | -$1.36K | -30 | -7% |
|
35
Federated Hermes
Pittsburgh,
Pennsylvania
| $7K | – | – | – |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| $2K | -$7.9K | -174 | -77% |
|
37
BNP Paribas Financial Markets
Paris,
France
| $94 | – | – | – |
|
38
JP Morgan Chase
New York
| – | -$76K | -1,635 | Closed |
|
39
Citigroup
New York
| – | -$28K | -600 | Closed |
|
40
Bank of America
Charlotte,
North Carolina
| – | -$1K | -31 | Closed |
|
CHMG Hedge Fund Activity: Q2 2022 in Review
37 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q2 2022, worth a combined $77.7M — down 1% from $78.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CHMG and 0 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 10 added.
The largest buyer was Basswood Capital Management, adding an estimated $1.86M. The largest seller was Chemung Canal Trust, cutting an estimated $2.26M.
- 37 institutional investors held Chemung Financial Corp (CHMG) as of Q2 2022, down from 40 in Q1 2022.
- Funds reported $77.7M of Chemung Financial Corp stock for Q2 2022, down 1% quarter-over-quarter.
- 0 funds opened new Chemung Financial Corp positions in Q2 2022 and 3 closed out, a net change of -3 holders.
- The largest Chemung Financial Corp buyer in Q2 2022 was Basswood Capital Management, an estimated $1.86M added.
- The largest Chemung Financial Corp seller in Q2 2022 was Chemung Canal Trust, an estimated $2.26M sold.
Based on aggregated 13F filings for Q2 2022.