Chemung Financial Corp
CHMG
42 hedge funds and large institutions have $76.6M invested in Chemung Financial Corp in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 7 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
4% more capital invested
Capital invested by funds: $73.8M → $76.6M (+$2.83M)
0.55% more ownership
Funds ownership: 35.73% → 36.28% (+0.55%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 45 → 42 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$757K |
| 2 |
State Street
Boston,
Massachusetts
|
+$405K |
| 3 |
AA
Alesco Advisors
Pittsford,
New York
|
+$403K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$343K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$268K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$783K |
| 2 |
Renaissance Technologies
New York
|
-$377K |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$329K |
| 4 |
Man Group
London,
United Kingdom
|
-$302K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$258K |
CHMG Hedge Fund Activity: Q3 2021 in Review
42 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q3 2021, worth a combined $76.6M — up 3.8% from $73.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CHMG and 4 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 16 added.
The largest buyer was AllianceBernstein, adding an estimated $757K. The largest seller was Millennium Management, exiting entirely with an estimated $783K sold.
- 42 institutional investors held Chemung Financial Corp (CHMG) as of Q3 2021, down from 45 in Q2 2021.
- Funds reported $76.6M of Chemung Financial Corp stock for Q3 2021, up 3.8% quarter-over-quarter.
- 4 funds opened new Chemung Financial Corp positions in Q3 2021 and 7 closed out, a net change of -3 holders.
- The largest Chemung Financial Corp buyer in Q3 2021 was AllianceBernstein, an estimated $757K added.
- The largest Chemung Financial Corp seller in Q3 2021 was Millennium Management, an estimated $783K sold.
Based on aggregated 13F filings for Q3 2021.