Chemung Financial Corp
CHMG
56 hedge funds and large institutions have $73.7M invested in Chemung Financial Corp in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 6 closing their positions.
0.57% more ownership
Funds ownership: 32.75% → 33.33% (+0.57%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $74.7M → $73.7M (-$962K)
2% less funds holding
Funds holding: 57 → 56 (-1)
16% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 19
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$1.62M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$315K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$208K |
| 4 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
+$184K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$153K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$351K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$215K |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$172K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$91.7K |
| 5 |
Citigroup
New York
|
-$81.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WC
51
Whitney & Co
Rochester,
New York
| $19K | +$18.4K | +400 | New |
|
|
MAM
52
Meeder Asset Management
Dublin,
Ohio
| $15K | – | – | – |
|
|
AIP
53
Ameritas Investment Partners
Lincoln,
Nebraska
| $11K | – | – | – |
|
|
VIA
54
Vantage Investment Advisors
State College,
Pennsylvania
| $5K | – | – | – |
|
|
AG
55
Advisor Group
Phoenix,
Arizona
| $5K | +$4.61K | +100 | New |
|
56
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | +$1.34K | +29 | New |
|
|
PAG
57
Private Advisor Group
Morristown,
New Jersey
| – | -$351K | -7,169 | Closed |
|
|
FMA
58
FNY Managed Accounts
New York
| – | -$63K | -1,311 | Closed |
|
|
TRCT
59
Tower Research Capital (TRC)
New York
| – | -$56K | -1,167 | Closed |
|
60
Parallax Volatility Advisers
San Francisco,
California
| – | -$22K | -462 | Closed |
|
|
DCM
61
Delpha Capital Management
New York
| – | -$5K | -104 | Closed |
|
|
MA
62
MUFG Americas
New York
| – | -$1K | -21 | Closed |
|
CHMG Hedge Fund Activity: Q1 2018 in Review
56 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q1 2018, worth a combined $73.7M — down 1.3% from $74.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CHMG and 5 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 16 added.
The largest buyer was Basswood Capital Management, adding an estimated $1.62M. The largest seller was Private Advisor Group, exiting entirely with an estimated $351K sold.
- 56 institutional investors held Chemung Financial Corp (CHMG) as of Q1 2018, down from 57 in Q4 2017.
- Funds reported $73.7M of Chemung Financial Corp stock for Q1 2018, down 1.3% quarter-over-quarter.
- 5 funds opened new Chemung Financial Corp positions in Q1 2018 and 6 closed out, a net change of -1 holder.
- The largest Chemung Financial Corp buyer in Q1 2018 was Basswood Capital Management, an estimated $1.62M added.
- The largest Chemung Financial Corp seller in Q1 2018 was Private Advisor Group, an estimated $351K sold.
Based on aggregated 13F filings for Q1 2018.