Chemung Financial Corp
CHMG
52 hedge funds and large institutions have $69M invested in Chemung Financial Corp in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 26 increasing their positions, 8 reducing their positions, and 4 closing their positions.
225% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 8
16% more capital invested
Capital invested by funds: $59.4M → $69M (+$9.57M)
0.19% more ownership
Funds ownership: 30.72% → 30.9% (+0.19%)
0% more funds holding
Funds holding: 52 → 52 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
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
|
+$3.01M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.5M |
| 3 |
Renaissance Technologies
New York
|
+$491K |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$184K |
| 5 |
Charles Schwab
San Francisco,
California
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$3.72M |
| 2 |
CCT
Chemung Canal Trust
Elmira,
New York
|
-$1.47M |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$252K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$231K |
| 5 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
-$223K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Barclays
London,
United Kingdom
| $4K | +$2.81K | +69 | +1,150% |
|
|
MA
52
MUFG Americas
New York
| $2K | +$1.35K | +33 | New |
|
|
EGA
53
Eagle Global Advisors
Houston,
Texas
| – | -$252K | -6,165 | Closed |
|
|
JGUA
54
John G. Ullman & Associates
Corning,
New York
| – | -$223K | -5,450 | Closed |
|
|
AIM
55
Acrospire Investment Management
Chicago,
Illinois
| – | -$61K | -1,503 | Closed |
|
56
Creative Planning
Overland Park,
Kansas
| – | -$25K | -602 | Closed |
|
CHMG Hedge Fund Activity: Q3 2017 in Review
52 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q3 2017, worth a combined $69M — up 16% from $59.4M a quarter earlier.
Fund positioning in CHMG was balanced in Q3 2017: 4 funds opened new positions, 4 closed out, 26 added to existing stakes and 8 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $3.01M. The largest seller was M3F Inc, cutting an estimated $3.72M.
- 52 institutional investors held Chemung Financial Corp (CHMG) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $69M of Chemung Financial Corp stock for Q3 2017, up 16% quarter-over-quarter.
- 4 funds opened new Chemung Financial Corp positions in Q3 2017 and 4 closed out, a net change of 0 holders.
- The largest Chemung Financial Corp buyer in Q3 2017 was Basswood Capital Management, an estimated $3.01M added.
- The largest Chemung Financial Corp seller in Q3 2017 was M3F Inc, an estimated $3.72M sold.
Based on aggregated 13F filings for Q3 2017.