Chemung Financial Corp
CHMG
48 hedge funds and large institutions have $54.9M invested in Chemung Financial Corp in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 3 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
14% more capital invested
Capital invested by funds: $48.2M → $54.9M (+$6.73M)
0% more funds holding
Funds holding: 48 → 48 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0.16% less ownership
Funds ownership: 34.93% → 34.77% (-0.16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$599K |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
+$415K |
| 3 |
JP Morgan Chase
New York
|
+$232K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$213K |
| 5 |
Morgan Stanley
New York
|
+$205K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$2.62M |
| 2 |
QAM
QCI Asset Management
Pittsford,
New York
|
-$419K |
| 3 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$286K |
| 4 |
First Manhattan
New York
|
-$254K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$223K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Osaic Holdings
Scottsdale,
Arizona
| – | -$3K | -100 | Closed |
|
CHMG Hedge Fund Activity: Q4 2020 in Review
48 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q4 2020, worth a combined $54.9M — up 14% from $48.2M a quarter earlier.
Fund positioning in CHMG was balanced in Q4 2020: 3 funds opened new positions, 3 closed out, 20 added to existing stakes and 15 trimmed.
The largest buyer was BlackRock, adding an estimated $599K. The largest seller was Basswood Capital Management, cutting an estimated $2.62M.
- 48 institutional investors held Chemung Financial Corp (CHMG) as of Q4 2020, unchanged from Q3 2020.
- Funds reported $54.9M of Chemung Financial Corp stock for Q4 2020, up 14% quarter-over-quarter.
- 3 funds opened new Chemung Financial Corp positions in Q4 2020 and 3 closed out, a net change of 0 holders.
- The largest Chemung Financial Corp buyer in Q4 2020 was BlackRock, an estimated $599K added.
- The largest Chemung Financial Corp seller in Q4 2020 was Basswood Capital Management, an estimated $2.62M sold.
Based on aggregated 13F filings for Q4 2020.