Chemung Financial Corp
CHMG
34 hedge funds and large institutions have $31.8M invested in Chemung Financial Corp in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 13 closing their positions.
5% more capital invested
Capital invested by funds: $30.4M → $31.8M (+$1.48M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less funds holding
Funds holding: 40 → 34 (-6)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.21M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$440K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$361K |
| 4 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$291K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$243K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.55M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$877K |
| 3 |
State Street
Boston,
Massachusetts
|
-$662K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$557K |
| 5 |
Bank of New York Mellon
New York
|
-$437K |
CHMG Hedge Fund Activity: Q2 2014 in Review
34 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q2 2014, worth a combined $31.8M — up 4.9% from $30.4M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CHMG and 7 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 6 added.
The largest buyer was Wellington Management Group, adding an estimated $4.21M. The largest seller was BlackRock Fund Advisors, cutting an estimated $2.55M.
- 34 institutional investors held Chemung Financial Corp (CHMG) as of Q2 2014, down from 40 in Q1 2014.
- Funds reported $31.8M of Chemung Financial Corp stock for Q2 2014, up 4.9% quarter-over-quarter.
- 7 funds opened new Chemung Financial Corp positions in Q2 2014 and 13 closed out, a net change of -6 holders.
- The largest Chemung Financial Corp buyer in Q2 2014 was Wellington Management Group, an estimated $4.21M added.
- The largest Chemung Financial Corp seller in Q2 2014 was BlackRock Fund Advisors, an estimated $2.55M sold.
Based on aggregated 13F filings for Q2 2014.