CEMIG Preferred Shares
139 hedge funds and large institutions have $475M invested in CEMIG Preferred Shares in 2021 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 45 increasing their positions, 34 reducing their positions, and 12 closing their positions.
125% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 12
75% more call options, than puts
Call options by funds: $867K | Put options by funds: $496K
32% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 34
11% more funds holding
Funds holding: 125 → 139 (+14)
7.4% more ownership
Funds ownership: 31.56% → 38.97% (+7.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less capital invested
Capital invested by funds: $489M → $475M (-$14.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$50.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$12.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$10M |
| 4 |
Morgan Stanley
New York
|
+$5.93M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PG
Pendal Group
Sydney,
Australia
|
-$3.26M |
| 2 |
Two Sigma Investments
New York
|
-$2.43M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.03M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$1.61M |
| 5 |
RBFC
Roman Butler Fullerton & Co
St Louis,
Missouri
|
-$1.26M |
CIG Hedge Fund Activity: Q1 2021 in Review
139 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q1 2021, worth a combined $475M — down 2.9% from $489M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new CIG positions and 12 closed out — a net gain of 15 holders — while 45 added to existing stakes and 34 trimmed.
The largest buyer was BlackRock, adding an estimated $50.3M. The largest seller was Pendal Group, exiting entirely with an estimated $3.26M sold.
- 139 institutional investors held CEMIG Preferred Shares (CIG) as of Q1 2021, up from 125 in Q4 2020.
- Funds reported $475M of CEMIG Preferred Shares stock for Q1 2021, down 2.9% quarter-over-quarter.
- 27 funds opened new CEMIG Preferred Shares positions in Q1 2021 and 12 closed out, a net change of +15 holders.
- The largest CEMIG Preferred Shares buyer in Q1 2021 was BlackRock, an estimated $50.3M added.
- The largest CEMIG Preferred Shares seller in Q1 2021 was Pendal Group, an estimated $3.26M sold.
Based on aggregated 13F filings for Q1 2021.