Chemung Financial Corp
CHMG
54 hedge funds and large institutions have $92.8M invested in Chemung Financial Corp in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 3 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
24% more capital invested
Capital invested by funds: $74.6M → $92.8M (+$18.3M)
2% more funds holding
Funds holding: 53 → 54 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.4% less ownership
Funds ownership: 39.89% → 39.49% (-0.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.62M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$443K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$246K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$225K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$3.07M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.14M |
| 3 |
CCT
Chemung Canal Trust
Elmira,
New York
|
-$334K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$117K |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$29.9K |
CHMG Hedge Fund Activity: Q4 2023 in Review
54 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q4 2023, worth a combined $92.8M — up 24% from $74.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new CHMG positions and 3 closed out — a net gain of 1 holder — while 20 added to existing stakes and 11 trimmed.
The largest buyer was BlackRock, adding an estimated $1.62M. The largest seller was Fourthstone LLC, cutting an estimated $3.07M.
- 54 institutional investors held Chemung Financial Corp (CHMG) as of Q4 2023, up from 53 in Q3 2023.
- Funds reported $92.8M of Chemung Financial Corp stock for Q4 2023, up 24% quarter-over-quarter.
- 4 funds opened new Chemung Financial Corp positions in Q4 2023 and 3 closed out, a net change of +1 holder.
- The largest Chemung Financial Corp buyer in Q4 2023 was BlackRock, an estimated $1.62M added.
- The largest Chemung Financial Corp seller in Q4 2023 was Fourthstone LLC, an estimated $3.07M sold.
Based on aggregated 13F filings for Q4 2023.