Chemung Financial Corp
CHMG
61 hedge funds and large institutions have $73.7M invested in Chemung Financial Corp in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
3% more funds holding
Funds holding: 59 → 61 (+2)
0.29% more ownership
Funds ownership: 35.94% → 36.23% (+0.29%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less capital invested
Capital invested by funds: $84M → $73.7M (-$10.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$573K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$372K |
| 3 |
BlackRock
New York
|
+$351K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$343K |
| 5 |
GC
Globeflex Capital
San Diego,
California
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$635K |
| 2 |
BCM
Basswood Capital Management
New York
|
-$475K |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$306K |
| 4 |
SRAM
Stone Ridge Asset Management
New York
|
-$227K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$179K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
51
Hillsdale Investment Management
Toronto,
Ontario, Canada
| $21K | – | – | – |
|
52
Citigroup
New York
| $19K | -$19.6K | -449 | -50% |
|
53
Fidelity Investments
Boston,
Massachusetts
| $13K | – | – | – |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| $13K | +$744 | +17 | +6% |
|
|
FIA
55
FNY Investment Advisers
New York
| $11K | +$11.5K | +262 | New |
|
|
AIP
56
Ameritas Investment Partners
Lincoln,
Nebraska
| $10K | – | – | – |
|
|
PAM
57
Panagora Asset Management
Boston,
Massachusetts
| $10K | +$10.3K | +235 | +2,938% |
|
|
AG
58
Advisor Group
Phoenix,
Arizona
| $4K | – | – | – |
|
|
MAM
59
Meeder Asset Management
Dublin,
Ohio
| $4K | – | – | – |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| $2K | +$2.32K | +53 | New |
|
|
EC
61
EJF Capital
Arlington,
Virginia
| – | -$306K | -6,338 | Closed |
|
|
SRAM
62
Stone Ridge Asset Management
New York
| – | -$227K | -4,690 | Closed |
|
63
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$1K | -29 | Closed |
|
CHMG Hedge Fund Activity: Q3 2019 in Review
61 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q3 2019, worth a combined $73.7M — down 12% from $84M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CHMG positions and 3 closed out — a net gain of 2 holders — while 24 added to existing stakes and 17 trimmed.
The largest buyer was AE Wealth Management, opening a new position worth an estimated $573K. The largest seller was Royce & Associates, cutting an estimated $635K.
- 61 institutional investors held Chemung Financial Corp (CHMG) as of Q3 2019, up from 59 in Q2 2019.
- Funds reported $73.7M of Chemung Financial Corp stock for Q3 2019, down 12% quarter-over-quarter.
- 5 funds opened new Chemung Financial Corp positions in Q3 2019 and 3 closed out, a net change of +2 holders.
- The largest Chemung Financial Corp buyer in Q3 2019 was AE Wealth Management, an estimated $573K added.
- The largest Chemung Financial Corp seller in Q3 2019 was Royce & Associates, an estimated $635K sold.
Based on aggregated 13F filings for Q3 2019.