CEMIG Preferred Shares
133 hedge funds and large institutions have $343M invested in CEMIG Preferred Shares in 2019 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 43 increasing their positions, 50 reducing their positions, and 19 closing their positions.
0.01% more ownership
Funds ownership: 20.11% → 20.12% (+0.01%)
1% less funds holding
Funds holding: 134 → 133 (-1)
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
11% less capital invested
Capital invested by funds: $385M → $343M (-$41.5M)
14% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 50
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$10.6M |
| 2 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$7.66M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$5.43M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.03M |
| 5 |
BlackRock
New York
|
+$3.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T2I
Turim 21 Investimentos
Rio De Janeiro,
Brazil
|
-$11.8M |
| 2 |
JP Morgan Chase
New York
|
-$6.27M |
| 3 |
Morgan Stanley
New York
|
-$5.25M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.62M |
| 5 |
PI
PineBridge Investments
New York
|
-$2.57M |
CIG Hedge Fund Activity: Q3 2019 in Review
133 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q3 2019, worth a combined $343M — down 11% from $385M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CIG and 18 opened new positions — a net loss of 1 holder — while 50 trimmed existing stakes and 43 added.
The largest buyer was AQR Capital Management, adding an estimated $10.6M. The largest seller was Turim 21 Investimentos, exiting entirely with an estimated $11.8M sold.
- 133 institutional investors held CEMIG Preferred Shares (CIG) as of Q3 2019, down from 134 in Q2 2019.
- Funds reported $343M of CEMIG Preferred Shares stock for Q3 2019, down 11% quarter-over-quarter.
- 18 funds opened new CEMIG Preferred Shares positions in Q3 2019 and 19 closed out, a net change of -1 holder.
- The largest CEMIG Preferred Shares buyer in Q3 2019 was AQR Capital Management, an estimated $10.6M added.
- The largest CEMIG Preferred Shares seller in Q3 2019 was Turim 21 Investimentos, an estimated $11.8M sold.
Based on aggregated 13F filings for Q3 2019.