Chemung Financial Corp
CHMG
80 hedge funds and large institutions have $98.7M invested in Chemung Financial Corp in 2024 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 33 increasing their positions, 14 reducing their positions, and 4 closing their positions.
325% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 4
136% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 14
18% more funds holding
Funds holding: 68 → 80 (+12)
3% more capital invested
Capital invested by funds: $95.5M → $98.7M (+$3.2M)
0.69% more ownership
Funds ownership: 41.76% → 42.45% (+0.69%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$1.89M |
| 2 |
Goldman Sachs
New York
|
+$1.59M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.29M |
| 4 |
Man Group
London,
United Kingdom
|
+$715K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$706K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$7.71M |
| 2 |
CCT
Chemung Canal Trust
Elmira,
New York
|
-$875K |
| 3 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
-$730K |
| 4 |
Squarepoint
New York
|
-$312K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$165K |
CHMG Hedge Fund Activity: Q4 2024 in Review
80 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q4 2024, worth a combined $98.7M — up 3.3% from $95.5M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CHMG positions and 4 closed out — a net gain of 13 holders — while 33 added to existing stakes and 14 trimmed.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $1.89M. The largest seller was Fourthstone LLC, cutting an estimated $7.71M.
- 80 institutional investors held Chemung Financial Corp (CHMG) as of Q4 2024, up from 68 in Q3 2024.
- Funds reported $98.7M of Chemung Financial Corp stock for Q4 2024, up 3.3% quarter-over-quarter.
- 17 funds opened new Chemung Financial Corp positions in Q4 2024 and 4 closed out, a net change of +13 holders.
- The largest Chemung Financial Corp buyer in Q4 2024 was Basswood Capital Management, an estimated $1.89M added.
- The largest Chemung Financial Corp seller in Q4 2024 was Fourthstone LLC, an estimated $7.71M sold.
Based on aggregated 13F filings for Q4 2024.