Chemung Financial Corp
CHMG
45 hedge funds and large institutions have $73.8M invested in Chemung Financial Corp in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 26 reducing their positions, and 15 closing their positions.
5% more capital invested
Capital invested by funds: $70.5M → $73.8M (+$3.23M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.51% less ownership
Funds ownership: 36.23% → 35.73% (-0.51%)
17% less funds holding
Funds holding: 54 → 45 (-9)
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
65% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$14M |
| 2 |
RA
Royce & Associates
New York
|
+$2.12M |
| 3 |
Millennium Management
New York
|
+$771K |
| 4 |
E
Ergoteles
New York
|
+$655K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$565K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$8.84M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.88M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$1.2M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$928K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$921K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
RhumbLine Advisers
Boston,
Massachusetts
| – | -$239K | -5,722 | Closed |
|
52
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
| – | -$219K | -5,236 | Closed |
|
53
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$93K | -2,220 | Closed |
|
|
AIG
54
American International Group
New York
| – | -$85 | -2,024 | Closed |
|
55
Legal & General Group
London,
United Kingdom
| – | -$13K | -319 | Closed |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| – | -$12K | -286 | Closed |
|
|
AIP
57
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$10K | -245 | Closed |
|
58
Citigroup
New York
| – | -$10K | -231 | Closed |
|
59
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$4K | -90 | Closed |
|
60
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$1K | -27 | Closed |
|
CHMG Hedge Fund Activity: Q2 2021 in Review
45 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q2 2021, worth a combined $73.8M — up 4.6% from $70.5M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CHMG and 7 opened new positions — a net loss of 8 holders — while 26 trimmed existing stakes and 9 added.
The largest buyer was FJ Capital Management, adding an estimated $14M. The largest seller was BlackRock, cutting an estimated $8.84M.
- 45 institutional investors held Chemung Financial Corp (CHMG) as of Q2 2021, down from 54 in Q1 2021.
- Funds reported $73.8M of Chemung Financial Corp stock for Q2 2021, up 4.6% quarter-over-quarter.
- 7 funds opened new Chemung Financial Corp positions in Q2 2021 and 15 closed out, a net change of -8 holders.
- The largest Chemung Financial Corp buyer in Q2 2021 was FJ Capital Management, an estimated $14M added.
- The largest Chemung Financial Corp seller in Q2 2021 was BlackRock, an estimated $8.84M sold.
Based on aggregated 13F filings for Q2 2021.