CEMIG Preferred Shares
133 hedge funds and large institutions have $389M invested in CEMIG Preferred Shares in 2021 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 44 increasing their positions, 39 reducing their positions, and 26 closing their positions.
34% more call options, than puts
Call options by funds: $232K | Put options by funds: $173K
13% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 39
2.9% less ownership
Funds ownership: 25.12% → 22.22% (-2.9%)
4% less funds holding
Funds holding: 139 → 133 (-6)
6% less capital invested
Capital invested by funds: $414M → $389M (-$24.7M)
19% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 26
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$28.7M |
| 2 |
State Street
Boston,
Massachusetts
|
+$7.08M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.26M |
| 4 |
Jane Street
New York
|
+$1.14M |
| 5 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
Polunin Capital Partners
London,
United Kingdom
|
-$29.2M |
| 2 |
Morgan Stanley
New York
|
-$10.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$9.72M |
| 4 |
Millennium Management
New York
|
-$8.67M |
| 5 |
E
Ergoteles
New York
|
-$7.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$69.8K | -49,676 | Closed |
|
|
AWC
152
Abundance Wealth Counselors
State College,
Pennsylvania
| – | -$58K | -41,452 | Closed |
|
|
FTUS
153
Flow Traders U.S.
New York
| – | -$41K | -29,367 | Closed |
|
|
CG
154
Cutler Group
San Francisco,
California
| – | -$40.5K | -28,836 | Closed |
|
|
BP
155
Ballentine Partners
Waltham,
Massachusetts
| – | -$36K | -25,411 | Closed |
|
|
EFSCE
156
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$8K | -5,954 | Closed |
|
157
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -367 | Closed |
|
CIG Hedge Fund Activity: Q3 2021 in Review
133 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q3 2021, worth a combined $389M — down 6% from $414M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of CIG and 21 opened new positions — a net loss of 5 holders — while 39 trimmed existing stakes and 44 added.
The largest buyer was Goldman Sachs, adding an estimated $28.7M. The largest seller was Polunin Capital Partners, exiting entirely with an estimated $29.2M sold.
- 133 institutional investors held CEMIG Preferred Shares (CIG) as of Q3 2021, down from 139 in Q2 2021.
- Funds reported $389M of CEMIG Preferred Shares stock for Q3 2021, down 6% quarter-over-quarter.
- 21 funds opened new CEMIG Preferred Shares positions in Q3 2021 and 26 closed out, a net change of -5 holders.
- The largest CEMIG Preferred Shares buyer in Q3 2021 was Goldman Sachs, an estimated $28.7M added.
- The largest CEMIG Preferred Shares seller in Q3 2021 was Polunin Capital Partners, an estimated $29.2M sold.
Based on aggregated 13F filings for Q3 2021.