Chemung Financial Corp
CHMG
57 hedge funds and large institutions have $74.7M invested in Chemung Financial Corp in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 11 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
118% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 11
10% more funds holding
Funds holding: 52 → 57 (+5)
8% more capital invested
Capital invested by funds: $69M → $74.7M (+$5.72M)
1.85% more ownership
Funds ownership: 30.9% → 32.75% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCT
Chemung Canal Trust
Elmira,
New York
|
+$1.65M |
| 2 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
+$816K |
| 3 |
BCM
Basswood Capital Management
New York
|
+$635K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$501K |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$379K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$1.04M |
| 2 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$244K |
| 3 |
SIM
Spark Investment Management
New York
|
-$226K |
| 4 |
Bank of New York Mellon
New York
|
-$115K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$62.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
51
Meeder Asset Management
Dublin,
Ohio
| $16K | – | – | – |
|
|
AIP
52
Ameritas Investment Partners
Lincoln,
Nebraska
| $12K | – | – | – |
|
|
RQS
53
Ramsey Quantitative Systems
Louisville,
Kentucky
| $9K | +$9.35K | +195 | New |
|
54
UBS Group
Zurich,
Switzerland
| $7K | -$10.5K | -219 | -59% |
|
|
VIA
55
Vantage Investment Advisors
State College,
Pennsylvania
| $5K | – | – | – |
|
|
DCM
56
Delpha Capital Management
New York
| $5K | +$4.99K | +104 | New |
|
|
MA
57
MUFG Americas
New York
| $1K | -$576 | -12 | -36% |
|
|
MI
58
M3F Inc
Salt Lake City,
Utah
| – | -$1.04M | -22,011 | Closed |
|
|
NFA
59
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$244K | -5,177 | Closed |
|
|
SIM
60
Spark Investment Management
New York
| – | -$226K | -4,800 | Closed |
|
|
CCMH
61
Cornerstone Capital Management Holdings
New York
| – | -$18K | -400 | Closed |
|
CHMG Hedge Fund Activity: Q4 2017 in Review
57 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q4 2017, worth a combined $74.7M — up 8.3% from $69M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CHMG positions and 4 closed out — a net gain of 5 holders — while 24 added to existing stakes and 11 trimmed.
The largest buyer was Chemung Canal Trust, adding an estimated $1.65M. The largest seller was M3F Inc, exiting entirely with an estimated $1.04M sold.
- 57 institutional investors held Chemung Financial Corp (CHMG) as of Q4 2017, up from 52 in Q3 2017.
- Funds reported $74.7M of Chemung Financial Corp stock for Q4 2017, up 8.3% quarter-over-quarter.
- 9 funds opened new Chemung Financial Corp positions in Q4 2017 and 4 closed out, a net change of +5 holders.
- The largest Chemung Financial Corp buyer in Q4 2017 was Chemung Canal Trust, an estimated $1.65M added.
- The largest Chemung Financial Corp seller in Q4 2017 was M3F Inc, an estimated $1.04M sold.
Based on aggregated 13F filings for Q4 2017.