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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.

New
Increased
Maintained
Reduced
Closed

0.1% more ownership

Funds ownership: 40.19% → 40.29% (+0.1%)

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

14% less capital invested

Capital invested by funds: $94.5M → $81.3M (-$13.2M)

Holders
54
Holders Change
–
Holders Change %
0%
% of All Funds
0.78%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
3
Increased
20
Reduced
20
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FL
Fourthstone LLC
Missouri
+$2.48M
2
VAS
Valicenti Advisory Services
New York
+$396K
3
Vanguard Group
Vanguard Group
Pennsylvania
+$254K
4
BCM
Bridgeway Capital Management
Texas
+$251K
5
Invesco
Invesco
Georgia
+$175K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$1.58M
2
First Manhattan
First Manhattan
New York
-$418K
3
BlackRock
BlackRock
New York
-$391K
4
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
-$214K
5
N
Nuveen
North Carolina
-$210K
Name Holding Trade Value Shares
Change 		Change in
Stake
FL
1
Fourthstone LLC
Missouri
$18.5M +$2.48M +55,127 +14%
CCT
2
Chemung Canal Trust
New York
$14.5M -$108K -2,395 -0.7%
BlackRock
3
BlackRock
New York
$8.89M -$391K -8,719 -4%
Vanguard Group
4
Vanguard Group
Pennsylvania
$8M +$254K +5,649 +3%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$5.38M +$172K +3,841 +3%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$3.11M +$107K +2,379 +3%
BCM
7
Bridgeway Capital Management
Texas
$2.61M +$251K +5,600 +10%
First Manhattan
8
First Manhattan
New York
$2.03M -$418K -9,310 -16%
State Street
9
State Street
Massachusetts
$1.91M +$19.5K +434 +1%
AllianceBernstein
10
AllianceBernstein
Tennessee
$1.62M +$3.73K +83 +0.2%
Renaissance Technologies
11
Renaissance Technologies
New York
$1.4M -$4.49K -100 -0.3%
RA
12
Royce & Associates
New York
$1.32M – – –
Morgan Stanley
13
Morgan Stanley
New York
$1.31M -$1.58M -35,098 -53%
Northern Trust
14
Northern Trust
Illinois
$1.21M +$14.5K +322 +1%
Acadian Asset Management
15
Acadian Asset Management
Massachusetts
$1.06M +$90.3K +2,011 +9%
FFM
16
Forum Financial Management
Illinois
$802K -$8.08K -180 -0.9%
EF
17
Empowered Funds
Pennsylvania
$796K +$62.9K +1,400 +8%
LSV Asset Management
18
LSV Asset Management
Illinois
$709K – – –
AA
19
Alesco Advisors
New York
$561K – – –
Wealth Enhancement Advisory Services
20
Wealth Enhancement Advisory Services
Minnesota
$510K -$225 -5 -0%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$477K -$65.8K -1,466 -12%
RJFSA
22
Raymond James Financial Services Advisors
Florida
$396K +$11.2K +250 +3%
Charles Schwab
23
Charles Schwab
California
$396K – – –
VAS
24
Valicenti Advisory Services
New York
$375K +$396K +8,830 New
Invesco
25
Invesco
Georgia
$357K +$175K +3,902 +87%
1
2 3

CHMG Hedge Fund Activity: Q1 2024 in Review

54 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q1 2024, worth a combined $81.3M — down 14% from $94.5M 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 Morgan Stanley, cutting an estimated $1.58M.

  • 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 14% 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 Morgan Stanley, an estimated $1.58M sold.

Based on aggregated 13F filings for Q1 2024.