CEMIG Preferred Shares
112 hedge funds and large institutions have $210M invested in CEMIG Preferred Shares in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 50 reducing their positions, and 25 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7.24% less ownership
Funds ownership: 27.22% → 19.98% (-7.2%)
11% less funds holding
Funds holding: 126 → 112 (-14)
36% less call options, than puts
Call options by funds: $285K | Put options by funds: $443K
36% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 50
46% less capital invested
Capital invested by funds: $388M → $210M (-$178M)
52% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$5.04M |
| 2 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
+$2.49M |
| 3 |
Renaissance Technologies
New York
|
+$2.44M |
| 4 |
Citigroup
New York
|
+$2.34M |
| 5 |
Barclays
London,
United Kingdom
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$14.2M |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
-$13.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$13.2M |
| 5 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
-$10.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Two Sigma Investments
New York
| – | -$210K | -125,398 | Closed |
|
|
ECP
127
Electron Capital Partners
New York
| – | -$198K | -118,034 | Closed |
|
|
QC
128
QCM Cayman
Houston,
Texas
| – | -$183K | -108,968 | Closed |
|
|
SSA
129
Schonfeld Strategic Advisors
New York
| – | -$176K | -104,945 | Closed |
|
130
Stifel Financial
St. Louis,
Missouri
| – | -$91K | -54,052 | Closed |
|
131
Citadel Advisors
Miami,
Florida
| – | -$63.9K | -48,250 | Closed |
|
|
CWM
132
Concert Wealth Management
San Jose,
California
| – | -$51K | -44,943 | Closed |
|
|
HK
133
Horizon Kinetics
New York
| – | -$46K | -27,465 | Closed |
|
|
BCM
134
Bayesian Capital Management
Brooklyn,
New York
| – | -$38K | -22,365 | Closed |
|
135
Walleye Trading
New York
| – | -$8 | -4,708 | Closed |
|
|
VWA
136
V Wealth Advisors
Overland Park,
Kansas
| – | +$114 | +86 | New |
|
|
WAM
137
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | +$130 | +98 | +78% |
|
CIG Hedge Fund Activity: Q2 2017 in Review
112 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q2 2017, worth a combined $210M — down 46% from $388M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of CIG and 12 opened new positions — a net loss of 13 holders — while 50 trimmed existing stakes and 32 added.
The largest buyer was Bank of New York Mellon, adding an estimated $5.04M. The largest seller was Morgan Stanley, cutting an estimated $16.4M.
- 112 institutional investors held CEMIG Preferred Shares (CIG) as of Q2 2017, down from 126 in Q1 2017.
- Funds reported $210M of CEMIG Preferred Shares stock for Q2 2017, down 46% quarter-over-quarter.
- 12 funds opened new CEMIG Preferred Shares positions in Q2 2017 and 25 closed out, a net change of -13 holders.
- The largest CEMIG Preferred Shares buyer in Q2 2017 was Bank of New York Mellon, an estimated $5.04M added.
- The largest CEMIG Preferred Shares seller in Q2 2017 was Morgan Stanley, an estimated $16.4M sold.
Based on aggregated 13F filings for Q2 2017.