We are live on ! Find out more
CIG icon

CEMIG Preferred Shares

145 hedge funds and large institutions have $347M invested in CEMIG Preferred Shares in 2015 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 42 increasing their positions, 49 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more call options, than puts

Call options by funds: $134K | Put options by funds: $115K

4.98% less ownership

Funds ownership: 50.7%45.71% (-5%)

6% less funds holding

Funds holding: 154145 (-9)

14% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 49

30% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 27

58% less capital invested

Capital invested by funds: $822M → $347M (-$475M)

Holders
145
Holders Change
-9
Holders Change %
-5.84%
% of All Funds
4.05%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
42
Reduced
49
Closed
27
Calls
$134K
Puts
$115K
Net Calls
+$19K
Net Calls Change
-$92K
Name Holding Trade Value Shares
Change
Change in
Stake
HI
76
HBK Investments
Texas
$112K +$160K +123,219 New
VKH
77
Virtu KCG Holdings
New York
$110K +$65.5K +50,399 +71%
NCCM
78
Nine Chapters Capital Management
New Jersey
$104K +$90.5K +69,644 +154%
GIA
79
Gateway Investment Advisers
Ohio
$102K
GAM
80
Guinness Asset Management
United Kingdom
$91K
RCM
81
Rotella Capital Management
Washington
$91K +$59.7K +45,906 +85%
Credit Agricole
82
Credit Agricole
France
$84K -$1.05M -808,850 -90%
Jane Street
83
Jane Street
New York
$82K +$117K +90,382 New
CIBC World Market
84
CIBC World Market
Ontario, Canada
$80K +$115K +88,352 New
Comerica Bank
85
Comerica Bank
Texas
$77K -$114K -87,504 -51%
Boston Partners
86
Boston Partners
Massachusetts
$77K
Mirae Asset Global Investments
87
Mirae Asset Global Investments
South Korea
$73K -$28.1K -21,594 -21%
Citigroup
88
Citigroup
New York
$66K +$22.1K +16,978 +31%
HTHT
89
Hemenway Trust Hemenway Trust
New Hampshire
$63K
BFM
90
Boothbay Fund Management
New York
$57K +$82.2K +63,262 New
LPL Financial
91
LPL Financial
California
$49K -$43.2K -33,252 -39%
CA
92
Commerzbank Aktiengesellschaft
Germany
$49K -$4.28K -3,294 -6%
CWM
93
Concert Wealth Management
California
$48K -$10.4K -7,991 -13%
GXMC
94
Global X Management Company
New York
$39K
PP
95
Prudential plc
United Kingdom
$38K -$58.7K -45,194 -52%
RIL
96
Rothschild Investment LLC
Illinois
$37K
Citadel Advisors
97
Citadel Advisors
Florida
$36K +$51.3K +39,442 New
First Trust Advisors
98
First Trust Advisors
Illinois
$32K -$99.4K -76,436 -69%
N
99
Natixis
France
$32K +$5.21K +4,008 +13%
OA
100
OFI Advisors
Pennsylvania
$32K +$24.6K +18,921 +119%

CIG Hedge Fund Activity: Q3 2015 in Review

145 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q3 2015, worth a combined $347M — down 58% from $822M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of CIG and 19 opened new positions — a net loss of 8 holders — while 49 trimmed existing stakes and 42 added.

The largest buyer was AJO LP, adding an estimated $12.5M. The largest seller was Oaktree Capital Management, exiting entirely with an estimated $26.4M sold.

  • 145 institutional investors held CEMIG Preferred Shares (CIG) as of Q3 2015, down from 154 in Q2 2015.
  • Funds reported $347M of CEMIG Preferred Shares stock for Q3 2015, down 58% quarter-over-quarter.
  • 19 funds opened new CEMIG Preferred Shares positions in Q3 2015 and 27 closed out, a net change of -8 holders.
  • The largest CEMIG Preferred Shares buyer in Q3 2015 was AJO LP, an estimated $12.5M added.
  • The largest CEMIG Preferred Shares seller in Q3 2015 was Oaktree Capital Management, an estimated $26.4M sold.

Based on aggregated 13F filings for Q3 2015.