Chemung Financial Corp
CHMG
54 hedge funds and large institutions have $81.3M invested in Chemung Financial Corp in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 20 reducing their positions, and 3 closing their positions.
0.8% more ownership
Funds ownership: 39.49% → 40.29% (+0.8%)
0% more funds holding
Funds holding: 54 → 54 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 20
12% less capital invested
Capital invested by funds: $92.8M → $81.3M (-$11.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$2.48M |
| 2 |
VAS
Valicenti Advisory Services
Elmira,
New York
|
+$396K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$254K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$251K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$175K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
-$418K |
| 2 |
BlackRock
New York
|
-$391K |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$214K |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$210K |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$138K |
CHMG Hedge Fund Activity: Q1 2024 in Review
54 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q1 2024, worth a combined $81.3M — down 12% from $92.8M a quarter earlier.
Fund positioning in CHMG was balanced in Q1 2024: 3 funds opened new positions, 3 closed out, 20 added to existing stakes and 20 trimmed.
The largest buyer was Fourthstone LLC, adding an estimated $2.48M. The largest seller was First Manhattan, cutting an estimated $418K.
- 54 institutional investors held Chemung Financial Corp (CHMG) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $81.3M of Chemung Financial Corp stock for Q1 2024, down 12% quarter-over-quarter.
- 3 funds opened new Chemung Financial Corp positions in Q1 2024 and 3 closed out, a net change of 0 holders.
- The largest Chemung Financial Corp buyer in Q1 2024 was Fourthstone LLC, an estimated $2.48M added.
- The largest Chemung Financial Corp seller in Q1 2024 was First Manhattan, an estimated $418K sold.
Based on aggregated 13F filings for Q1 2024.