Chemung Financial Corp
CHMG
59 hedge funds and large institutions have $84M invested in Chemung Financial Corp in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 11 reducing their positions, and 5 closing their positions.
164% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 11
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
5% more capital invested
Capital invested by funds: $79.9M → $84M (+$4.19M)
0.79% more ownership
Funds ownership: 35.15% → 35.94% (+0.79%)
0% more funds holding
Funds holding: 59 → 59 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
+$1.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$894K |
| 3 |
BlackRock
New York
|
+$778K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$637K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$521K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$3.75M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$440K |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$185K |
| 4 |
First Manhattan
New York
|
-$110K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$103K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
51
Hillsdale Investment Management
Toronto,
Ontario, Canada
| $24K | – | – | – |
|
52
Fidelity Investments
Boston,
Massachusetts
| $15K | – | – | – |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| $14K | +$14K | +294 | New |
|
|
AIP
54
Ameritas Investment Partners
Lincoln,
Nebraska
| $12K | – | – | – |
|
|
AG
55
Advisor Group
Phoenix,
Arizona
| $5K | – | – | – |
|
|
MAM
56
Meeder Asset Management
Dublin,
Ohio
| $4K | – | – | – |
|
57
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | +$143 | +3 | +12% |
|
|
58
Acadian Asset Management
Boston,
Massachusetts
| – | -$440K | -9,376 | Closed |
|
|
59
Marshall Wace
London,
United Kingdom
| – | -$185K | -3,934 | Closed |
|
|
CAL
60
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$36K | -781 | Closed |
|
|
PCP
61
Proficio Capital Partners
Newton,
Massachusetts
| – | -$12K | -258 | Closed |
|
|
FGAM
62
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$4K | -75 | Closed |
|
|
LTFS
63
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$95 | +2 | New |
|
|
PAM
64
Panagora Asset Management
Boston,
Massachusetts
| – | +$381 | +8 | New |
|
CHMG Hedge Fund Activity: Q2 2019 in Review
59 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q2 2019, worth a combined $84M — up 5.2% from $79.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CHMG positions and 5 closed out — a net gain of 2 holders — while 29 added to existing stakes and 11 trimmed.
The largest buyer was Bowling Portfolio Management, opening a new position worth an estimated $1.3M. The largest seller was Basswood Capital Management, cutting an estimated $3.75M.
- 59 institutional investors held Chemung Financial Corp (CHMG) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $84M of Chemung Financial Corp stock for Q2 2019, up 5.2% quarter-over-quarter.
- 7 funds opened new Chemung Financial Corp positions in Q2 2019 and 5 closed out, a net change of +2 holders.
- The largest Chemung Financial Corp buyer in Q2 2019 was Bowling Portfolio Management, an estimated $1.3M added.
- The largest Chemung Financial Corp seller in Q2 2019 was Basswood Capital Management, an estimated $3.75M sold.
Based on aggregated 13F filings for Q2 2019.