CEMIG Preferred Shares
139 hedge funds and large institutions have $414M invested in CEMIG Preferred Shares in 2021 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 41 increasing their positions, 66 reducing their positions, and 24 closing their positions.
27% more call options, than puts
Call options by funds: $534K | Put options by funds: $422K
8% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 24
0% more funds holding
Funds holding: 139 → 139 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
13% less capital invested
Capital invested by funds: $475M → $414M (-$61.1M)
13.85% less ownership
Funds ownership: 38.97% → 25.12% (-14%)
38% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$13.5M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$10.9M |
| 3 |
Morgan Stanley
New York
|
+$9.12M |
| 4 |
E
Ergoteles
New York
|
+$8.07M |
| 5 |
JP Morgan Chase
New York
|
+$7.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$197M |
| 2 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
-$13.8M |
| 3 |
BBL
Beck Bode LLC
Dedham,
Massachusetts
|
-$9.35M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$4.22M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.94M |
CIG Hedge Fund Activity: Q2 2021 in Review
139 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q2 2021, worth a combined $414M — down 13% from $475M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CIG positions and 24 closed out — a net gain of 2 holders — while 41 added to existing stakes and 66 trimmed.
The largest buyer was Millennium Management, adding an estimated $13.5M. The largest seller was BlackRock, cutting an estimated $197M.
- 139 institutional investors held CEMIG Preferred Shares (CIG) as of Q2 2021, unchanged from Q1 2021.
- Funds reported $414M of CEMIG Preferred Shares stock for Q2 2021, down 13% quarter-over-quarter.
- 26 funds opened new CEMIG Preferred Shares positions in Q2 2021 and 24 closed out, a net change of +2 holders.
- The largest CEMIG Preferred Shares buyer in Q2 2021 was Millennium Management, an estimated $13.5M added.
- The largest CEMIG Preferred Shares seller in Q2 2021 was BlackRock, an estimated $197M sold.
Based on aggregated 13F filings for Q2 2021.