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Chemung Financial Corp
CHMG

38 hedge funds and large institutions have $77.9M invested in Chemung Financial Corp in 2021 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more capital invested

Capital invested by funds: $76.6M → $77.9M (+$1.31M)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.18% less ownership

Funds ownership: 36.28% → 36.1% (-0.18%)

10% less funds holding

Funds holding: 42 → 38 (-4)

23% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 13

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6

Holders
38
Holders Change
-4
Holders Change %
-9.52%
% of All Funds
0.58%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
2
Increased
10
Reduced
13
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BCM
Basswood Capital Management
New York
+$1.44M
2
FCM
FJ Capital Management
Virginia
+$184K
3
AllianceBernstein
AllianceBernstein
Tennessee
+$163K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$123K
5
BCM
BHZ Capital Management
California
+$95K

Top Sellers

Rank Fund Capital Flow
1
MI
M3F Inc
Utah
-$1.93M
2
CCT
Chemung Canal Trust
New York
-$309K
3
Two Sigma Advisers
Two Sigma Advisers
New York
-$258K
4
E
Ergoteles
New York
-$221K
5
PAG
Private Advisor Group
New Jersey
-$203K
Name Holding Trade Value Shares
Change 		Change in
Stake
CCT
1
Chemung Canal Trust
New York
$16.6M -$309K -6,709 -2%
FCM
2
FJ Capital Management
Virginia
$16.4M +$184K +4,000 +1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$7.17M -$9.57K -208 -0.1%
BCM
4
Basswood Capital Management
New York
$5.88M +$1.44M +31,359 +33%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$4.16M +$85.8K +1,864 +2%
RA
6
Royce & Associates
New York
$4.1M – – –
AllianceBernstein
7
AllianceBernstein
Tennessee
$3.2M +$163K +3,547 +5%
First Manhattan
8
First Manhattan
New York
$3.2M -$32.2K -700 -1%
Renaissance Technologies
9
Renaissance Technologies
New York
$2.9M -$106K -2,308 -4%
BCM
10
Bridgeway Capital Management
Texas
$2.25M – – –
Acadian Asset Management
11
Acadian Asset Management
Massachusetts
$1.55M – – –
Geode Capital Management
12
Geode Capital Management
Massachusetts
$1.5M -$46 -1 -0%
Morgan Stanley
13
Morgan Stanley
New York
$1.4M -$184K -3,992 -12%
LSV Asset Management
14
LSV Asset Management
Illinois
$1.24M – – –
FFM
15
Forum Financial Management
Illinois
$1.04M +$1.03M +22,368 New
State Street
16
State Street
Massachusetts
$817K +$4.42K +96 +0.5%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$541K +$1.24K +27 +0.2%
BlackRock
18
BlackRock
New York
$538K +$54.7K +1,188 +11%
E
19
Ergoteles
New York
$463K -$221K -4,798 -32%
AA
20
Alesco Advisors
New York
$412K – – –
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$392K +$123K +2,666 +45%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$362K +$2.39K +52 +0.7%
GC
23
Globeflex Capital
California
$348K – – –
BCM
24
BHZ Capital Management
California
$345K +$95K +2,065 +39%
Northern Trust
25
Northern Trust
Illinois
$280K -$15K -326 -5%
1
2

CHMG Hedge Fund Activity: Q4 2021 in Review

38 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q4 2021, worth a combined $77.9M — up 1.7% from $76.6M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of CHMG and 2 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 10 added.

The largest buyer was Basswood Capital Management, adding an estimated $1.44M. The largest seller was M3F Inc, exiting entirely with an estimated $1.93M sold.

  • 38 institutional investors held Chemung Financial Corp (CHMG) as of Q4 2021, down from 42 in Q3 2021.
  • Funds reported $77.9M of Chemung Financial Corp stock for Q4 2021, up 1.7% quarter-over-quarter.
  • 2 funds opened new Chemung Financial Corp positions in Q4 2021 and 6 closed out, a net change of -4 holders.
  • The largest Chemung Financial Corp buyer in Q4 2021 was Basswood Capital Management, an estimated $1.44M added.
  • The largest Chemung Financial Corp seller in Q4 2021 was M3F Inc, an estimated $1.93M sold.

Based on aggregated 13F filings for Q4 2021.