Chemung Financial Corp
CHMG
56 hedge funds and large institutions have $74.6M invested in Chemung Financial Corp in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 7 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
1% more capital invested
Capital invested by funds: $73.7M → $74.6M (+$962K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.03% less ownership
Funds ownership: 36.23% → 36.2% (-0.03%)
8% less funds holding
Funds holding: 61 → 56 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$809K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$567K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$296K |
| 4 |
State Street
Boston,
Massachusetts
|
+$253K |
| 5 |
Morgan Stanley
New York
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$348K |
| 2 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
-$346K |
| 3 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
-$344K |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$286K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$269K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
51
Ameritas Investment Partners
Lincoln,
Nebraska
| $10K | – | – | – |
|
|
PAM
52
Panagora Asset Management
Boston,
Massachusetts
| $10K | – | – | – |
|
|
AG
53
Advisor Group
Phoenix,
Arizona
| $4K | – | – | – |
|
|
MAM
54
Meeder Asset Management
Dublin,
Ohio
| $4K | – | – | – |
|
55
Canada Life
Winnipeg,
Manitoba, Canada
| $2K | +$2.36K | +54 | New |
|
|
OAM
56
Oxford Asset Management
Oxford,
United Kingdom
| – | -$348K | -8,274 | Closed |
|
|
AI
57
Atria Investments
Charlotte,
North Carolina
| – | -$286K | -6,809 | Closed |
|
|
KCM
58
Kennedy Capital Management
St Louis,
Missouri
| – | -$269K | -6,397 | Closed |
|
59
Victory Capital Management
San Antonio,
Texas
| – | -$32K | -758 | Closed |
|
|
HIM
60
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$21K | -500 | Closed |
|
|
FIA
61
FNY Investment Advisers
New York
| – | -$11K | -262 | Closed |
|
|
TRCT
62
Tower Research Capital (TRC)
New York
| – | -$2K | -53 | Closed |
|
CHMG Hedge Fund Activity: Q4 2019 in Review
56 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q4 2019, worth a combined $74.6M — up 1.3% from $73.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CHMG and 2 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 17 added.
The largest buyer was Basswood Capital Management, adding an estimated $809K. The largest seller was Oxford Asset Management, exiting entirely with an estimated $348K sold.
- 56 institutional investors held Chemung Financial Corp (CHMG) as of Q4 2019, down from 61 in Q3 2019.
- Funds reported $74.6M of Chemung Financial Corp stock for Q4 2019, up 1.3% quarter-over-quarter.
- 2 funds opened new Chemung Financial Corp positions in Q4 2019 and 7 closed out, a net change of -5 holders.
- The largest Chemung Financial Corp buyer in Q4 2019 was Basswood Capital Management, an estimated $809K added.
- The largest Chemung Financial Corp seller in Q4 2019 was Oxford Asset Management, an estimated $348K sold.
Based on aggregated 13F filings for Q4 2019.