CEMIG Preferred Shares
142 hedge funds and large institutions have $590M invested in CEMIG Preferred Shares in 2022 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 43 increasing their positions, 35 reducing their positions, and 19 closing their positions.
557% more call options, than puts
Call options by funds: $1.25M | Put options by funds: $190K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
63% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 19
38% more capital invested
Capital invested by funds: $428M → $590M (+$162M)
23% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 35
8% more funds holding
Funds holding: 131 → 142 (+11)
0.33% more ownership
Funds ownership: 25.71% → 26.04% (+0.33%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$7.49M |
| 2 |
CGH
Crossmark Global Holdings
Houston,
Texas
|
+$6.81M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$6.76M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$6.64M |
| 5 |
Goldman Sachs
New York
|
+$5.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$15.5M |
| 2 |
Optiver Holding
Amsterdam,
Netherlands
|
-$5.13M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.57M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$4.18M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
151
QCM Cayman
Houston,
Texas
| – | -$107K | -74,174 | Closed |
|
|
FTUS
152
Flow Traders U.S.
New York
| – | -$55K | -38,458 | Closed |
|
153
Cerity Partners
New York
| – | -$42K | -28,776 | Closed |
|
|
TCM
154
Triumph Capital Management
Denver,
Colorado
| – | -$27K | -18,842 | Closed |
|
|
UMC
155
United Maritime Capital
New York
| – | -$24K | -16,900 | Closed |
|
|
TPCW
156
TD Private Client Wealth
New York
| – | -$16.8K | -11,651 | Closed |
|
157
AssetMark Inc
Concord,
California
| – | -$3K | -1,854 | Closed |
|
|
GI
158
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -979 | Closed |
|
|
SWM
159
Spire Wealth Management
Mclean,
Virginia
| – | -$1K | -722 | Closed |
|
|
GRP
160
Global Retirement Partners
San Rafael,
California
| – | +$77 | +51 | New |
|
|
T
161
TCWP
Beachwood,
Ohio
| – | +$735 | +485 | New |
|
CIG Hedge Fund Activity: Q1 2022 in Review
142 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q1 2022, worth a combined $590M — up 38% from $428M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new CIG positions and 19 closed out — a net gain of 12 holders — while 43 added to existing stakes and 35 trimmed.
The largest buyer was BlackRock, adding an estimated $7.49M. The largest seller was Millennium Management, cutting an estimated $15.5M.
- 142 institutional investors held CEMIG Preferred Shares (CIG) as of Q1 2022, up from 131 in Q4 2021.
- Funds reported $590M of CEMIG Preferred Shares stock for Q1 2022, up 38% quarter-over-quarter.
- 31 funds opened new CEMIG Preferred Shares positions in Q1 2022 and 19 closed out, a net change of +12 holders.
- The largest CEMIG Preferred Shares buyer in Q1 2022 was BlackRock, an estimated $7.49M added.
- The largest CEMIG Preferred Shares seller in Q1 2022 was Millennium Management, an estimated $15.5M sold.
Based on aggregated 13F filings for Q1 2022.