Chemung Financial Corp
CHMG
49 hedge funds and large institutions have $56.1M invested in Chemung Financial Corp in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
12% more capital invested
Capital invested by funds: $50M → $56.1M (+$6.07M)
4% more funds holding
Funds holding: 47 → 49 (+2)
0.74% more ownership
Funds ownership: 29.27% → 30.01% (+0.74%)
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
|
+$5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.68M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.3M |
| 4 |
BCM
Basswood Capital Management
New York
|
+$852K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
-$3.09M |
| 2 |
CCT
Chemung Canal Trust
Elmira,
New York
|
-$305K |
| 3 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$297K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$252K |
| 5 |
Morgan Stanley
New York
|
-$184K |
CHMG Hedge Fund Activity: Q1 2017 in Review
49 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q1 2017, worth a combined $56.1M — up 12% from $50M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CHMG positions and 1 closed out — a net gain of 6 holders — while 21 added to existing stakes and 15 trimmed.
The largest buyer was BlackRock, adding an estimated $5M. The largest seller was John G. Ullman & Associates, cutting an estimated $3.09M.
- 49 institutional investors held Chemung Financial Corp (CHMG) as of Q1 2017, up from 47 in Q4 2016.
- Funds reported $56.1M of Chemung Financial Corp stock for Q1 2017, up 12% quarter-over-quarter.
- 7 funds opened new Chemung Financial Corp positions in Q1 2017 and 1 closed out, a net change of +6 holders.
- The largest Chemung Financial Corp buyer in Q1 2017 was BlackRock, an estimated $5M added.
- The largest Chemung Financial Corp seller in Q1 2017 was John G. Ullman & Associates, an estimated $3.09M sold.
Based on aggregated 13F filings for Q1 2017.