Chemung Financial Corp
CHMG
59 hedge funds and large institutions have $79.9M invested in Chemung Financial Corp in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
44% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 16
15% more capital invested
Capital invested by funds: $69.5M → $79.9M (+$10.4M)
7% more funds holding
Funds holding: 55 → 59 (+4)
0.19% more ownership
Funds ownership: 34.97% → 35.15% (+0.19%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.4M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$553K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$491K |
| 4 |
Renaissance Technologies
New York
|
+$414K |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$303K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$2.37M |
| 2 |
CCT
Chemung Canal Trust
Elmira,
New York
|
-$513K |
| 3 |
Goldman Sachs
New York
|
-$329K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$231K |
| 5 |
BlackRock
New York
|
-$222K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
51
Hillsdale Investment Management
Toronto,
Ontario, Canada
| $23K | +$6.67K | +150 | +43% |
|
52
UBS Group
Zurich,
Switzerland
| $22K | -$65.5K | -1,472 | -76% |
|
53
Fidelity Investments
Boston,
Massachusetts
| $14K | – | – | – |
|
|
PCP
54
Proficio Capital Partners
Newton,
Massachusetts
| $12K | +$11.5K | +258 | New |
|
|
AIP
55
Ameritas Investment Partners
Lincoln,
Nebraska
| $11K | – | – | – |
|
|
AG
56
Advisor Group
Phoenix,
Arizona
| $5K | – | – | – |
|
|
MAM
57
Meeder Asset Management
Dublin,
Ohio
| $4K | – | – | – |
|
|
FGAM
58
Financial Gravity Asset Management
Lakeway,
Texas
| $4K | +$3.33K | +75 | New |
|
59
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | – | – | – |
|
|
60
Goldman Sachs
New York
| – | -$329K | -7,953 | Closed |
|
|
RQS
61
Ramsey Quantitative Systems
Louisville,
Kentucky
| – | -$138K | -3,331 | Closed |
|
62
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$2K | -44 | Closed |
|
CHMG Hedge Fund Activity: Q1 2019 in Review
59 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q1 2019, worth a combined $79.9M — up 15% from $69.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CHMG positions and 3 closed out — a net gain of 4 holders — while 23 added to existing stakes and 16 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $1.4M. The largest seller was Basswood Capital Management, cutting an estimated $2.37M.
- 59 institutional investors held Chemung Financial Corp (CHMG) as of Q1 2019, up from 55 in Q4 2018.
- Funds reported $79.9M of Chemung Financial Corp stock for Q1 2019, up 15% quarter-over-quarter.
- 7 funds opened new Chemung Financial Corp positions in Q1 2019 and 3 closed out, a net change of +4 holders.
- The largest Chemung Financial Corp buyer in Q1 2019 was Wellington Management Group, an estimated $1.4M added.
- The largest Chemung Financial Corp seller in Q1 2019 was Basswood Capital Management, an estimated $2.37M sold.
Based on aggregated 13F filings for Q1 2019.