Chemung Financial Corp
CHMG
93 hedge funds and large institutions have $120M invested in Chemung Financial Corp in 2026 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 25 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
3% more funds holding
Funds holding: 90 → 93 (+3)
8% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 25
0.83% more ownership
Funds ownership: 45.47% → 46.3% (+0.83%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $122M → $120M (-$1.48M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$1.53M |
| 2 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$1.47M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.03M |
| 4 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
+$818K |
| 5 |
Mariner
Overland Park,
Kansas
|
+$306K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$777K |
| 2 |
B
Bailard
Foster City,
California
|
-$412K |
| 3 |
BlackRock
New York
|
-$383K |
| 4 |
JP Morgan Chase
New York
|
-$322K |
| 5 |
Barclays
London,
United Kingdom
|
-$319K |
CHMG Hedge Fund Activity: Q1 2026 in Review
93 institutional investors reported a position in Chemung Financial Corp (CHMG) for Q1 2026, worth a combined $120M — down 1.2% from $122M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CHMG positions and 5 closed out — a net gain of 4 holders — while 27 added to existing stakes and 25 trimmed.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $1.53M. The largest seller was Citadel Advisors, exiting entirely with an estimated $777K sold.
- 93 institutional investors held Chemung Financial Corp (CHMG) as of Q1 2026, up from 90 in Q4 2025.
- Funds reported $120M of Chemung Financial Corp stock for Q1 2026, down 1.2% quarter-over-quarter.
- 9 funds opened new Chemung Financial Corp positions in Q1 2026 and 5 closed out, a net change of +4 holders.
- The largest Chemung Financial Corp buyer in Q1 2026 was Basswood Capital Management, an estimated $1.53M added.
- The largest Chemung Financial Corp seller in Q1 2026 was Citadel Advisors, an estimated $777K sold.
Based on aggregated 13F filings for Q1 2026.