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Chemung Financial Corp
CHMG

63 hedge funds and large institutions have $95.5M invested in Chemung Financial Corp in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 13 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

225% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 4

85% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 13

17% more capital invested

Capital invested by funds: $81.3M → $95.5M (+$14.2M)

17% more funds holding

Funds holding: 54 → 63 (+9)

1.59% more ownership

Funds ownership: 40.29% → 41.88% (+1.6%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

Holders
63
Holders Change
+9
Holders Change %
+16.67%
% of All Funds
0.91%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
13
Increased
24
Reduced
13
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$582K
2
FL
Fourthstone LLC
Missouri
+$446K
3
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
+$346K
4
MWM
Modern Wealth Management
Kansas
+$324K
5
MAM
Martingale Asset Management
Massachusetts
+$319K

Top Sellers

Rank Fund Capital Flow
1
VAS
Valicenti Advisory Services
New York
-$375K
2
Citadel Advisors
Citadel Advisors
Florida
-$304K
3
First Manhattan
First Manhattan
New York
-$154K
4
JP Morgan Chase
JP Morgan Chase
New York
-$152K
5
CCT
Chemung Canal Trust
New York
-$137K
Name Holding Trade Value Shares
Change 		Change in
Stake
FL
1
Fourthstone LLC
Missouri
$21.4M +$446K +10,436 +2%
CCT
2
Chemung Canal Trust
New York
$16.3M -$137K -3,220 -0.9%
BlackRock
3
BlackRock
New York
$10.7M +$582K +13,631 +7%
Vanguard Group
4
Vanguard Group
Pennsylvania
$9.37M +$290K +6,794 +4%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$6.34M +$238K +5,584 +4%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$3.59M +$66.5K +1,557 +2%
BCM
7
Bridgeway Capital Management
Texas
$3.24M +$254K +5,940 +10%
State Street
8
State Street
Massachusetts
$2.39M +$209K +4,900 +11%
First Manhattan
9
First Manhattan
New York
$2.14M -$154K -3,600 -8%
AllianceBernstein
10
AllianceBernstein
Tennessee
$1.74M -$81.1K -1,900 -5%
Renaissance Technologies
11
Renaissance Technologies
New York
$1.65M +$59.8K +1,400 +4%
Morgan Stanley
12
Morgan Stanley
New York
$1.56M +$69.8K +1,634 +5%
RA
13
Royce & Associates
New York
$1.49M – – –
Northern Trust
14
Northern Trust
Illinois
$1.37M -$5K -117 -0.4%
Acadian Asset Management
15
Acadian Asset Management
Massachusetts
$1.3M +$87.7K +2,054 +8%
EF
16
Empowered Funds
Pennsylvania
$968K +$61.5K +1,440 +8%
FFM
17
Forum Financial Management
Illinois
$906K – – –
LSV Asset Management
18
LSV Asset Management
Illinois
$802K – – –
AA
19
Alesco Advisors
New York
$634K – – –
Wealth Enhancement Advisory Services
20
Wealth Enhancement Advisory Services
Minnesota
$578K +$1.75K +41 +0.3%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$558K +$16.9K +397 +4%
BNP Paribas Financial Markets
22
BNP Paribas Financial Markets
France
$470K +$346K +8,111 +480%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$448K – – –
Charles Schwab
24
Charles Schwab
California
$447K – – –
Wells Fargo
25
Wells Fargo
California
$373K +$247K +5,775 +290%
1
2 3

CHMG Hedge Fund Activity: Q2 2024 in Review

63 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Chemung Financial Corp (CHMG) for Q2 2024, worth a combined $95.5M — up 17% from $81.3M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new CHMG positions and 4 closed out — a net gain of 9 holders — while 24 added to existing stakes and 13 trimmed.

The largest buyer was BlackRock, adding an estimated $582K. The largest seller was Valicenti Advisory Services, exiting entirely with an estimated $375K sold.

  • 63 institutional investors held Chemung Financial Corp (CHMG) as of Q2 2024, up from 54 in Q1 2024.
  • Funds reported $95.5M of Chemung Financial Corp stock for Q2 2024, up 17% quarter-over-quarter.
  • 13 funds opened new Chemung Financial Corp positions in Q2 2024 and 4 closed out, a net change of +9 holders.
  • The largest Chemung Financial Corp buyer in Q2 2024 was BlackRock, an estimated $582K added.
  • The largest Chemung Financial Corp seller in Q2 2024 was Valicenti Advisory Services, an estimated $375K sold.

Based on aggregated 13F filings for Q2 2024.