CEMIG Preferred Shares
154 hedge funds and large institutions have $822M invested in CEMIG Preferred Shares in 2015 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 58 increasing their positions, 45 reducing their positions, and 19 closing their positions.
44% more call options, than puts
Call options by funds: $364K | Put options by funds: $253K
29% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 45
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
0% more funds holding
Funds holding: 154 → 154 (0)
1.13% less ownership
Funds ownership: 51.83% → 50.7% (-1.1%)
9% less capital invested
Capital invested by funds: $905M → $822M (-$83.4M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$8.18M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$7.07M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$6.33M |
| 4 |
BG
BlackRock Group
London,
United Kingdom
|
+$6.03M |
| 5 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
+$4.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$55.7M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$9.52M |
| 3 |
Renaissance Technologies
New York
|
-$4.78M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$2.9M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$2.48M |
CIG Hedge Fund Activity: Q2 2015 in Review
154 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q2 2015, worth a combined $822M — down 9.2% from $905M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CIG positions and 19 closed out — a net gain of 1 holder — while 58 added to existing stakes and 45 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $8.18M. The largest seller was JP Morgan Chase, cutting an estimated $55.7M.
- 154 institutional investors held CEMIG Preferred Shares (CIG) as of Q2 2015, unchanged from Q1 2015.
- Funds reported $822M of CEMIG Preferred Shares stock for Q2 2015, down 9.2% quarter-over-quarter.
- 20 funds opened new CEMIG Preferred Shares positions in Q2 2015 and 19 closed out, a net change of +1 holder.
- The largest CEMIG Preferred Shares buyer in Q2 2015 was Schroder Investment Management Group, an estimated $8.18M added.
- The largest CEMIG Preferred Shares seller in Q2 2015 was JP Morgan Chase, an estimated $55.7M sold.
Based on aggregated 13F filings for Q2 2015.