Chemung Financial Corp
CHMG
54 hedge funds and large institutions have $70.5M invested in Chemung Financial Corp in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 0 closing their positions.
28% more capital invested
Capital invested by funds: $54.9M → $70.5M (+$15.6M)
13% more funds holding
Funds holding: 48 → 54 (+6)
1.46% more ownership
Funds ownership: 34.77% → 36.23% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$913K |
| 2 |
BCM
Basswood Capital Management
New York
|
+$871K |
| 3 |
BlackRock
New York
|
+$803K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$408K |
| 5 |
RA
Royce & Associates
New York
|
+$323K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCT
Chemung Canal Trust
Elmira,
New York
|
-$678K |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
-$335K |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$246K |
| 4 |
State Street
Boston,
Massachusetts
|
-$239K |
| 5 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$103K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $1K | +$1.01K | +27 | New |
|
|
OSAM
52
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $1K | +$1.12K | +30 | New |
|
53
Federated Hermes
Pittsburgh,
Pennsylvania
| $1K | +$1.16K | +31 | New |
|
|
AIG
54
American International Group
New York
| $85 | +$225 | +6 | +0.3% |
|
CHMG Hedge Fund Activity: Q1 2021 in Review
54 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q1 2021, worth a combined $70.5M — up 28% from $54.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CHMG positions and 0 closed out — a net gain of 6 holders — while 19 added to existing stakes and 19 trimmed.
The largest buyer was FJ Capital Management, opening a new position worth an estimated $913K. The largest seller was Chemung Canal Trust, cutting an estimated $678K.
- 54 institutional investors held Chemung Financial Corp (CHMG) as of Q1 2021, up from 48 in Q4 2020.
- Funds reported $70.5M of Chemung Financial Corp stock for Q1 2021, up 28% quarter-over-quarter.
- 6 funds opened new Chemung Financial Corp positions in Q1 2021 and 0 closed out, a net change of +6 holders.
- The largest Chemung Financial Corp buyer in Q1 2021 was FJ Capital Management, an estimated $913K added.
- The largest Chemung Financial Corp seller in Q1 2021 was Chemung Canal Trust, an estimated $678K sold.
Based on aggregated 13F filings for Q1 2021.