Chemung Financial Corp
CHMG
45 hedge funds and large institutions have $72.1M invested in Chemung Financial Corp in 2022 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
10% more funds holding
Funds holding: 41 → 45 (+4)
3% more capital invested
Capital invested by funds: $70.1M → $72.1M (+$1.97M)
0.06% more ownership
Funds ownership: 35.77% → 35.83% (+0.06%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$8.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.25M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$584K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$344K |
| 5 |
Man Group
London,
United Kingdom
|
+$218K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$8.69M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$1.88M |
| 3 |
RA
Royce & Associates
New York
|
-$1.2M |
| 4 |
Bank of New York Mellon
New York
|
-$507K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$99.4K |
CHMG Hedge Fund Activity: Q4 2022 in Review
45 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q4 2022, worth a combined $72.1M — up 2.8% from $70.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CHMG positions and 1 closed out — a net gain of 4 holders — while 15 added to existing stakes and 13 trimmed.
The largest buyer was Fourthstone LLC, adding an estimated $8.4M. The largest seller was FJ Capital Management, cutting an estimated $8.69M.
- 45 institutional investors held Chemung Financial Corp (CHMG) as of Q4 2022, up from 41 in Q3 2022.
- Funds reported $72.1M of Chemung Financial Corp stock for Q4 2022, up 2.8% quarter-over-quarter.
- 5 funds opened new Chemung Financial Corp positions in Q4 2022 and 1 closed out, a net change of +4 holders.
- The largest Chemung Financial Corp buyer in Q4 2022 was Fourthstone LLC, an estimated $8.4M added.
- The largest Chemung Financial Corp seller in Q4 2022 was FJ Capital Management, an estimated $8.69M sold.
Based on aggregated 13F filings for Q4 2022.