Chemung Financial Corp
CHMG
59 hedge funds and large institutions have $84M invested in Chemung Financial Corp in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 11 reducing their positions, and 5 closing their positions.
164% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 11
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
5% more capital invested
Capital invested by funds: $79.9M → $84M (+$4.19M)
0.79% more ownership
Funds ownership: 35.15% → 35.94% (+0.79%)
0% more funds holding
Funds holding: 59 → 59 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
+$1.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$894K |
| 3 |
BlackRock
New York
|
+$778K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$637K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$521K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$3.75M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$440K |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$185K |
| 4 |
First Manhattan
New York
|
-$110K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$103K |
CHMG Hedge Fund Activity: Q2 2019 in Review
59 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q2 2019, worth a combined $84M — up 5.2% from $79.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CHMG positions and 5 closed out — a net gain of 2 holders — while 29 added to existing stakes and 11 trimmed.
The largest buyer was Bowling Portfolio Management, opening a new position worth an estimated $1.3M. The largest seller was Basswood Capital Management, cutting an estimated $3.75M.
- 59 institutional investors held Chemung Financial Corp (CHMG) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $84M of Chemung Financial Corp stock for Q2 2019, up 5.2% quarter-over-quarter.
- 7 funds opened new Chemung Financial Corp positions in Q2 2019 and 5 closed out, a net change of +2 holders.
- The largest Chemung Financial Corp buyer in Q2 2019 was Bowling Portfolio Management, an estimated $1.3M added.
- The largest Chemung Financial Corp seller in Q2 2019 was Basswood Capital Management, an estimated $3.75M sold.
Based on aggregated 13F filings for Q2 2019.