Chemung Financial Corp
CHMG
63 hedge funds and large institutions have $95.5M invested in Chemung Financial Corp in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 13 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
85% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 13
17% more capital invested
Capital invested by funds: $81.3M → $95.5M (+$14.2M)
17% more funds holding
Funds holding: 54 → 63 (+9)
1.59% more ownership
Funds ownership: 40.29% → 41.88% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$582K |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$446K |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$346K |
| 4 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
+$324K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$319K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAS
Valicenti Advisory Services
Elmira,
New York
|
-$375K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$304K |
| 3 |
First Manhattan
New York
|
-$154K |
| 4 |
JP Morgan Chase
New York
|
-$152K |
| 5 |
CCT
Chemung Canal Trust
Elmira,
New York
|
-$137K |
CHMG Hedge Fund Activity: Q2 2024 in Review
63 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q2 2024, worth a combined $95.5M — up 17% from $81.3M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CHMG positions and 4 closed out — a net gain of 9 holders — while 24 added to existing stakes and 13 trimmed.
The largest buyer was BlackRock, adding an estimated $582K. The largest seller was Valicenti Advisory Services, exiting entirely with an estimated $375K sold.
- 63 institutional investors held Chemung Financial Corp (CHMG) as of Q2 2024, up from 54 in Q1 2024.
- Funds reported $95.5M of Chemung Financial Corp stock for Q2 2024, up 17% quarter-over-quarter.
- 13 funds opened new Chemung Financial Corp positions in Q2 2024 and 4 closed out, a net change of +9 holders.
- The largest Chemung Financial Corp buyer in Q2 2024 was BlackRock, an estimated $582K added.
- The largest Chemung Financial Corp seller in Q2 2024 was Valicenti Advisory Services, an estimated $375K sold.
Based on aggregated 13F filings for Q2 2024.