CEMIG Preferred Shares
150 hedge funds and large institutions have $500M invested in CEMIG Preferred Shares in 2022 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 48 increasing their positions, 65 reducing their positions, and 15 closing their positions.
294% more call options, than puts
Call options by funds: $252K | Put options by funds: $64K
73% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 15
6% more funds holding
Funds holding: 142 → 150 (+8)
5.44% less ownership
Funds ownership: 26.04% → 20.6% (-5.4%)
15% less capital invested
Capital invested by funds: $590M → $500M (-$89.9M)
26% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 65
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$22.2M |
| 2 |
Goldman Sachs
New York
|
+$5.25M |
| 3 |
Morgan Stanley
New York
|
+$5.01M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$4.12M |
| 5 |
JP Morgan Chase
New York
|
+$3.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$16.7M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$6.54M |
| 3 |
E
Ergoteles
New York
|
-$2.72M |
| 4 |
PCP
Polunin Capital Partners
London,
United Kingdom
|
-$2.5M |
| 5 |
State Street
Boston,
Massachusetts
|
-$2.45M |
CIG Hedge Fund Activity: Q2 2022 in Review
150 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q2 2022, worth a combined $500M — down 15% from $590M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CIG positions and 15 closed out — a net gain of 11 holders — while 48 added to existing stakes and 65 trimmed.
The largest buyer was BlackRock, adding an estimated $22.2M. The largest seller was Arrowstreet Capital, cutting an estimated $16.7M.
- 150 institutional investors held CEMIG Preferred Shares (CIG) as of Q2 2022, up from 142 in Q1 2022.
- Funds reported $500M of CEMIG Preferred Shares stock for Q2 2022, down 15% quarter-over-quarter.
- 26 funds opened new CEMIG Preferred Shares positions in Q2 2022 and 15 closed out, a net change of +11 holders.
- The largest CEMIG Preferred Shares buyer in Q2 2022 was BlackRock, an estimated $22.2M added.
- The largest CEMIG Preferred Shares seller in Q2 2022 was Arrowstreet Capital, an estimated $16.7M sold.
Based on aggregated 13F filings for Q2 2022.