Chemung Financial Corp
CHMG
41 hedge funds and large institutions have $70.1M invested in Chemung Financial Corp in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
11% more funds holding
Funds holding: 37 → 41 (+4)
0.39% more ownership
Funds ownership: 35.39% → 35.77% (+0.39%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less capital invested
Capital invested by funds: $77.7M → $70.1M (-$7.56M)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCT
Chemung Canal Trust
Elmira,
New York
|
+$1.82M |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$989K |
| 3 |
BCM
Basswood Capital Management
New York
|
+$535K |
| 4 |
Millennium Management
New York
|
+$336K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$331K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$943K |
| 2 |
Renaissance Technologies
New York
|
-$535K |
| 3 |
RA
Royce & Associates
New York
|
-$464K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$452K |
| 5 |
MCM
Maltese Capital Management
New York
|
-$448K |
CHMG Hedge Fund Activity: Q3 2022 in Review
41 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q3 2022, worth a combined $70.1M — down 9.7% from $77.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CHMG positions and 1 closed out — a net gain of 4 holders — while 11 added to existing stakes and 16 trimmed.
The largest buyer was Chemung Canal Trust, adding an estimated $1.82M. The largest seller was FJ Capital Management, cutting an estimated $943K.
- 41 institutional investors held Chemung Financial Corp (CHMG) as of Q3 2022, up from 37 in Q2 2022.
- Funds reported $70.1M of Chemung Financial Corp stock for Q3 2022, down 9.7% quarter-over-quarter.
- 5 funds opened new Chemung Financial Corp positions in Q3 2022 and 1 closed out, a net change of +4 holders.
- The largest Chemung Financial Corp buyer in Q3 2022 was Chemung Canal Trust, an estimated $1.82M added.
- The largest Chemung Financial Corp seller in Q3 2022 was FJ Capital Management, an estimated $943K sold.
Based on aggregated 13F filings for Q3 2022.