Chemung Financial Corp
CHMG
47 hedge funds and large institutions have $50M invested in Chemung Financial Corp in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
30% more capital invested
Capital invested by funds: $38.6M → $50M (+$11.4M)
29.27% more ownership
Funds ownership: 0% → 29.27% (+29%)
2% more funds holding
Funds holding: 46 → 47 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$480K |
| 2 |
Bank of New York Mellon
New York
|
+$285K |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$271K |
| 4 |
Morgan Stanley
New York
|
+$239K |
| 5 |
Renaissance Technologies
New York
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHC
Hutchin Hill Capital
New York
|
-$826K |
| 2 |
DC
Deere & Company
Moline,
Illinois
|
-$210K |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
-$141K |
| 4 |
CCT
Chemung Canal Trust
Elmira,
New York
|
-$138K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$41.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| – | -$2K | -62 | Closed |
|
52
Barclays
London,
United Kingdom
| – | -$1K | -40 | Closed |
|
CHMG Hedge Fund Activity: Q4 2016 in Review
47 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q4 2016, worth a combined $50M — up 30% from $38.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CHMG positions and 5 closed out — a net gain of 2 holders — while 17 added to existing stakes and 13 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $480K. The largest seller was Hutchin Hill Capital, exiting entirely with an estimated $826K sold.
- 47 institutional investors held Chemung Financial Corp (CHMG) as of Q4 2016, up from 46 in Q3 2016.
- Funds reported $50M of Chemung Financial Corp stock for Q4 2016, up 30% quarter-over-quarter.
- 7 funds opened new Chemung Financial Corp positions in Q4 2016 and 5 closed out, a net change of +2 holders.
- The largest Chemung Financial Corp buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $480K added.
- The largest Chemung Financial Corp seller in Q4 2016 was Hutchin Hill Capital, an estimated $826K sold.
Based on aggregated 13F filings for Q4 2016.