CEMIG Preferred Shares
174 hedge funds and large institutions have $286M invested in CEMIG Preferred Shares in 2024 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 64 increasing their positions, 80 reducing their positions, and 16 closing their positions.
4,500% more call options, than puts
Call options by funds: $184K | Put options by funds: $4K
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
1% more funds holding
Funds holding: 172 → 174 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.92% less ownership
Funds ownership: 12.39% → 8.47% (-3.9%)
17% less capital invested
Capital invested by funds: $347M → $286M (-$60.5M)
20% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.68M |
| 2 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
+$1.47M |
| 3 |
SGI
Summit Global Investments
Bountiful,
Utah
|
+$1.41M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$1.13M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$17.8M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$7.97M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$7.27M |
| 4 |
Two Sigma Advisers
New York
|
-$2.26M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2M |
CIG Hedge Fund Activity: Q2 2024 in Review
174 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q2 2024, worth a combined $286M — down 17% from $347M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CIG positions and 16 closed out — a net gain of 3 holders — while 64 added to existing stakes and 80 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.68M. The largest seller was Bank of America, cutting an estimated $17.8M.
- 174 institutional investors held CEMIG Preferred Shares (CIG) as of Q2 2024, up from 172 in Q1 2024.
- Funds reported $286M of CEMIG Preferred Shares stock for Q2 2024, down 17% quarter-over-quarter.
- 19 funds opened new CEMIG Preferred Shares positions in Q2 2024 and 16 closed out, a net change of +3 holders.
- The largest CEMIG Preferred Shares buyer in Q2 2024 was Morgan Stanley, an estimated $3.68M added.
- The largest CEMIG Preferred Shares seller in Q2 2024 was Bank of America, an estimated $17.8M sold.
Based on aggregated 13F filings for Q2 2024.