CEMIG Preferred Shares
125 hedge funds and large institutions have $489M invested in CEMIG Preferred Shares in 2020 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 43 increasing their positions, 28 reducing their positions, and 10 closing their positions.
230% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 10
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
145% more capital invested
Capital invested by funds: $200M → $489M (+$289M)
54% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 28
20% more funds holding
Funds holding: 104 → 125 (+21)
11.34% more ownership
Funds ownership: 20.22% → 31.56% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$95.8M |
| 2 |
PCP
Polunin Capital Partners
London,
United Kingdom
|
+$17.1M |
| 3 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
+$9.74M |
| 4 |
Millennium Management
New York
|
+$5.89M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$2.92M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.51M |
| 4 |
JP Morgan Chase
New York
|
-$1.16M |
| 5 |
II
Inspire Investing
Meridian,
Idaho
|
-$589K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Credit Agricole
Montrouge Cedex,
France
| – | -$60K | -60,816 | Closed |
|
|
FIM
127
Freedom Investment Management
Hartford,
Connecticut
| – | -$56K | -56,608 | Closed |
|
128
SG Americas Securities
New York
| – | -$35K | -35,981 | Closed |
|
|
GT
129
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$12K | -12,728 | Closed |
|
|
ASN
130
Advisory Services Network
Atlanta,
Georgia
| – | -$8.17K | -6,718 | Closed |
|
|
WTC
131
WhitTier Trust Company
Reno,
Nevada
| – | -$1K | -793 | Closed |
|
CIG Hedge Fund Activity: Q4 2020 in Review
125 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q4 2020, worth a combined $489M — up 145% from $200M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CIG positions and 10 closed out — a net gain of 23 holders — while 43 added to existing stakes and 28 trimmed.
The largest buyer was BlackRock, adding an estimated $95.8M. The largest seller was Cohen & Steers, exiting entirely with an estimated $2.92M sold.
- 125 institutional investors held CEMIG Preferred Shares (CIG) as of Q4 2020, up from 104 in Q3 2020.
- Funds reported $489M of CEMIG Preferred Shares stock for Q4 2020, up 145% quarter-over-quarter.
- 33 funds opened new CEMIG Preferred Shares positions in Q4 2020 and 10 closed out, a net change of +23 holders.
- The largest CEMIG Preferred Shares buyer in Q4 2020 was BlackRock, an estimated $95.8M added.
- The largest CEMIG Preferred Shares seller in Q4 2020 was Cohen & Steers, an estimated $2.92M sold.
Based on aggregated 13F filings for Q4 2020.