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Chemung Financial Corp
CHMG

54 hedge funds and large institutions have $70.5M invested in Chemung Financial Corp in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more capital invested

Capital invested by funds: $54.9M → $70.5M (+$15.6M)

13% more funds holding

Funds holding: 48 → 54 (+6)

1.46% more ownership

Funds ownership: 34.77% → 36.23% (+1.5%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 19

Holders
54
Holders Change
+6
Holders Change %
+12.5%
% of All Funds
0.95%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
6
Increased
19
Reduced
19
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FCM
FJ Capital Management
Virginia
+$913K
2
BCM
Basswood Capital Management
New York
+$871K
3
BlackRock
BlackRock
New York
+$803K
4
Wells Fargo
Wells Fargo
California
+$408K
5
RA
Royce & Associates
New York
+$323K

Top Sellers

Rank Fund Capital Flow
1
CCT
Chemung Canal Trust
New York
-$678K
2
BCM
BHZ Capital Management
California
-$335K
3
Russell Investments Group
Russell Investments Group
United Kingdom
-$246K
4
State Street
State Street
Massachusetts
-$239K
5
MI
M3F Inc
Utah
-$103K
Name Holding Trade Value Shares
Change 		Change in
Stake
CCT
1
Chemung Canal Trust
New York
$15.5M -$678K -18,109 -5%
BlackRock
2
BlackRock
New York
$9.02M +$803K +21,441 +11%
Vanguard Group
3
Vanguard Group
Pennsylvania
$7.16M +$40.7K +1,087 +0.6%
BCM
4
Basswood Capital Management
New York
$4.15M +$871K +23,263 +31%
Renaissance Technologies
5
Renaissance Technologies
New York
$3.06M +$127K +3,392 +5%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$2.99M +$143K +3,822 +6%
First Manhattan
7
First Manhattan
New York
$2.92M -$61.8K -1,650 -2%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$2.25M +$14.4K +385 +0.7%
State Street
9
State Street
Massachusetts
$2.18M -$239K -6,397 -11%
BCM
10
Bridgeway Capital Management
Texas
$2.17M -$59.9K -1,600 -3%
AllianceBernstein
11
AllianceBernstein
Tennessee
$1.99M +$138K +3,685 +8%
MI
12
M3F Inc
Utah
$1.87M -$103K -2,743 -6%
Morgan Stanley
13
Morgan Stanley
New York
$1.84M -$14.6K -391 -0.9%
RA
14
Royce & Associates
New York
$1.66M +$323K +8,623 +28%
Northern Trust
15
Northern Trust
Illinois
$1.42M -$99.6K -2,660 -7%
FCM
16
FJ Capital Management
Virginia
$1.02M +$913K +24,400 New
LSV Asset Management
17
LSV Asset Management
Illinois
$1M -$14.7K -394 -2%
Wells Fargo
18
Wells Fargo
California
$987K +$408K +10,890 +86%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$896K -$3.71K -99 -0.5%
Acadian Asset Management
20
Acadian Asset Management
Massachusetts
$880K +$179K +4,776 +29%
JP Morgan Chase
21
JP Morgan Chase
New York
$635K +$2.43K +65 +0.4%
N
22
Nuveen
North Carolina
$612K -$15.6K -416 -3%
Janney Montgomery Scott
23
Janney Montgomery Scott
Pennsylvania
$501K +$39.6K +1,057 +10%
BCM
24
BHZ Capital Management
California
$437K -$335K -8,942 -46%
SO
25
STRS Ohio
Ohio
$384K – – –
1
2 3

CHMG Hedge Fund Activity: Q1 2021 in Review

54 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q1 2021, worth a combined $70.5M — up 28% from $54.9M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new CHMG positions and 0 closed out — a net gain of 6 holders — while 19 added to existing stakes and 19 trimmed.

The largest buyer was FJ Capital Management, opening a new position worth an estimated $913K. The largest seller was Chemung Canal Trust, cutting an estimated $678K.

  • 54 institutional investors held Chemung Financial Corp (CHMG) as of Q1 2021, up from 48 in Q4 2020.
  • Funds reported $70.5M of Chemung Financial Corp stock for Q1 2021, up 28% quarter-over-quarter.
  • 6 funds opened new Chemung Financial Corp positions in Q1 2021 and 0 closed out, a net change of +6 holders.
  • The largest Chemung Financial Corp buyer in Q1 2021 was FJ Capital Management, an estimated $913K added.
  • The largest Chemung Financial Corp seller in Q1 2021 was Chemung Canal Trust, an estimated $678K sold.

Based on aggregated 13F filings for Q1 2021.