Chemung Financial Corp
CHMG
23 hedge funds and large institutions have $27.1M invested in Chemung Financial Corp in 2014 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $27.4M → $27.1M (-$358K)
12% less funds holding
Funds holding: 26 → 23 (-3)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$175K |
| 2 |
First Manhattan
New York
|
+$87.2K |
| 3 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
+$64.7K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$24.8K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$23.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCT
Chemung Canal Trust
Elmira,
New York
|
-$188K |
| 2 |
Morgan Stanley
New York
|
-$117K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$11K |
| 4 |
CNC
Citizens & Northern Corp
Wellsboro,
Pennsylvania
|
-$4.22K |
| 5 |
Goldman Sachs
New York
|
-$3.8K |
CHMG Hedge Fund Activity: Q4 2014 in Review
23 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q4 2014, worth a combined $27.1M — down 1.3% from $27.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CHMG and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 8 added.
The largest buyer was Wellington Management Group, adding an estimated $175K. The largest seller was Chemung Canal Trust, cutting an estimated $188K.
- 23 institutional investors held Chemung Financial Corp (CHMG) as of Q4 2014, down from 26 in Q3 2014.
- Funds reported $27.1M of Chemung Financial Corp stock for Q4 2014, down 1.3% quarter-over-quarter.
- 2 funds opened new Chemung Financial Corp positions in Q4 2014 and 3 closed out, a net change of -1 holder.
- The largest Chemung Financial Corp buyer in Q4 2014 was Wellington Management Group, an estimated $175K added.
- The largest Chemung Financial Corp seller in Q4 2014 was Chemung Canal Trust, an estimated $188K sold.
Based on aggregated 13F filings for Q4 2014.