Chemung Financial Corp
CHMG
40 hedge funds and large institutions have $78.5M invested in Chemung Financial Corp in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
5% more funds holding
Funds holding: 38 → 40 (+2)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
1% more capital invested
Capital invested by funds: $77.9M → $78.5M (+$572K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.11% less ownership
Funds ownership: 36.1% → 35.99% (-0.11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$672K |
| 2 |
MCM
Maltese Capital Management
New York
|
+$469K |
| 3 |
Millennium Management
New York
|
+$460K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$408K |
| 5 |
BlackRock
New York
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$1.36M |
| 2 |
E
Ergoteles
New York
|
-$463K |
| 3 |
RA
Royce & Associates
New York
|
-$442K |
| 4 |
Renaissance Technologies
New York
|
-$193K |
| 5 |
Optiver Holding
Amsterdam,
Netherlands
|
-$99K |
CHMG Hedge Fund Activity: Q1 2022 in Review
40 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q1 2022, worth a combined $78.5M — up 0.73% from $77.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new CHMG positions and 2 closed out — a net gain of 2 holders — while 14 added to existing stakes and 13 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $672K. The largest seller was FJ Capital Management, cutting an estimated $1.36M.
- 40 institutional investors held Chemung Financial Corp (CHMG) as of Q1 2022, up from 38 in Q4 2021.
- Funds reported $78.5M of Chemung Financial Corp stock for Q1 2022, up 0.73% quarter-over-quarter.
- 4 funds opened new Chemung Financial Corp positions in Q1 2022 and 2 closed out, a net change of +2 holders.
- The largest Chemung Financial Corp buyer in Q1 2022 was Basswood Capital Management, an estimated $672K added.
- The largest Chemung Financial Corp seller in Q1 2022 was FJ Capital Management, an estimated $1.36M sold.
Based on aggregated 13F filings for Q1 2022.