Chemung Financial Corp
CHMG
52 hedge funds and large institutions have $59.4M invested in Chemung Financial Corp in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
6% more funds holding
Funds holding: 49 → 52 (+3)
6% more capital invested
Capital invested by funds: $56.1M → $59.4M (+$3.32M)
0.71% more ownership
Funds ownership: 30.01% → 30.72% (+0.71%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$2.22M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$496K |
| 3 |
BlackRock
New York
|
+$212K |
| 4 |
State Street
Boston,
Massachusetts
|
+$198K |
| 5 |
JP Morgan Chase
New York
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
-$1.95M |
| 2 |
CCT
Chemung Canal Trust
Elmira,
New York
|
-$305K |
| 3 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$116K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$75.4K |
| 5 |
First Manhattan
New York
|
-$71.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
UBS Group
Zurich,
Switzerland
| – | -$45K | -1,145 | Closed |
|
52
Bank of America
Charlotte,
North Carolina
| – | -$21.6K | -555 | -100% |
|
53
Barclays
London,
United Kingdom
| – | -$311 | -8 | -57% |
|
CHMG Hedge Fund Activity: Q2 2017 in Review
52 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q2 2017, worth a combined $59.4M — up 5.9% from $56.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new CHMG positions and 1 closed out — a net gain of 3 holders — while 19 added to existing stakes and 17 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $2.22M. The largest seller was John G. Ullman & Associates, cutting an estimated $1.95M.
- 52 institutional investors held Chemung Financial Corp (CHMG) as of Q2 2017, up from 49 in Q1 2017.
- Funds reported $59.4M of Chemung Financial Corp stock for Q2 2017, up 5.9% quarter-over-quarter.
- 4 funds opened new Chemung Financial Corp positions in Q2 2017 and 1 closed out, a net change of +3 holders.
- The largest Chemung Financial Corp buyer in Q2 2017 was Basswood Capital Management, an estimated $2.22M added.
- The largest Chemung Financial Corp seller in Q2 2017 was John G. Ullman & Associates, an estimated $1.95M sold.
Based on aggregated 13F filings for Q2 2017.