CEMIG Preferred Shares
176 hedge funds and large institutions have $1.34B invested in CEMIG Preferred Shares in 2014 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 57 increasing their positions, 62 reducing their positions, and 23 closing their positions.
30% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 23
5.28% more ownership
Funds ownership: 45% → 50.29% (+5.3%)
4% more funds holding
Funds holding: 169 → 176 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 62
13% less capital invested
Capital invested by funds: $1.54B → $1.34B (-$200M)
81% less call options, than puts
Call options by funds: $300K | Put options by funds: $1.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$79.9M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$59.4M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$32.7M |
| 4 |
Lazard Asset Management
New York
|
+$19.5M |
| 5 |
Two Sigma Investments
New York
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
-$13.6M |
| 2 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
-$12.4M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$11.7M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$11.2M |
| 5 |
State Street
Boston,
Massachusetts
|
-$10.8M |
CIG Hedge Fund Activity: Q3 2014 in Review
176 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q3 2014, worth a combined $1.34B — down 13% from $1.54B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CIG positions and 23 closed out — a net gain of 7 holders — while 57 added to existing stakes and 62 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $79.9M. The largest seller was Westpac Banking Corp, cutting an estimated $13.6M.
- 176 institutional investors held CEMIG Preferred Shares (CIG) as of Q3 2014, up from 169 in Q2 2014.
- Funds reported $1.34B of CEMIG Preferred Shares stock for Q3 2014, down 13% quarter-over-quarter.
- 30 funds opened new CEMIG Preferred Shares positions in Q3 2014 and 23 closed out, a net change of +7 holders.
- The largest CEMIG Preferred Shares buyer in Q3 2014 was JP Morgan Chase, an estimated $79.9M added.
- The largest CEMIG Preferred Shares seller in Q3 2014 was Westpac Banking Corp, an estimated $13.6M sold.
Based on aggregated 13F filings for Q3 2014.