CEMIG Preferred Shares
178 hedge funds and large institutions have $383M invested in CEMIG Preferred Shares in 2023 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 68 increasing their positions, 53 reducing their positions, and 8 closing their positions.
746% more call options, than puts
Call options by funds: $237K | Put options by funds: $28K
238% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 8
28% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 53
12% more funds holding
Funds holding: 159 → 178 (+19)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.02% less ownership
Funds ownership: 15.22% → 14.2% (-1%)
14% less capital invested
Capital invested by funds: $447M → $383M (-$64.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$23.5M |
| 2 |
Two Sigma Investments
New York
|
+$6.65M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.22M |
| 4 |
Two Sigma Advisers
New York
|
+$3.76M |
| 5 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$3.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$59.3M |
| 2 |
Barclays
London,
United Kingdom
|
-$6.38M |
| 3 |
BlackRock
New York
|
-$5.81M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.17M |
| 5 |
Millennium Management
New York
|
-$2.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFA
176
Farther Finance Advisors
San Francisco,
California
| $465 | +$483 | +250 | New |
|
|
TWD
177
True Wealth Design
Akron,
Ohio
| $88 | +$6 | +3 | +7% |
|
|
IUHSA
178
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
| $56 | -$1.21M | -628,160 | -100% |
|
179
Marshall Wace
London,
United Kingdom
| – | -$2.73M | -1,351,735 | Closed |
|
|
VIA
180
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$923K | -456,265 | Closed |
|
|
KWILP
181
Kiwi Wealth Investments Limited Partnership
Wellington,
New Zealand
| – | -$743K | -367,220 | Closed |
|
|
QC
182
QCM Cayman
Houston,
Texas
| – | -$35.9K | -17,765 | Closed |
|
|
TSS
183
Two Sigma Securities
New York
| – | -$34.4K | -16,985 | Closed |
|
|
PA
184
PFG Advisors
Phoenix,
Arizona
| – | -$29K | -14,346 | Closed |
|
|
CWA
185
Clearview Wealth Advisors
Salem,
Oregon
| – | -$13.1K | -6,464 | Closed |
|
186
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -312 | Closed |
|
CIG Hedge Fund Activity: Q3 2023 in Review
178 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q3 2023, worth a combined $383M — down 14% from $447M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new CIG positions and 8 closed out — a net gain of 19 holders — while 68 added to existing stakes and 53 trimmed.
The largest buyer was Bank of America, adding an estimated $23.5M. The largest seller was Goldman Sachs, cutting an estimated $59.3M.
- 178 institutional investors held CEMIG Preferred Shares (CIG) as of Q3 2023, up from 159 in Q2 2023.
- Funds reported $383M of CEMIG Preferred Shares stock for Q3 2023, down 14% quarter-over-quarter.
- 27 funds opened new CEMIG Preferred Shares positions in Q3 2023 and 8 closed out, a net change of +19 holders.
- The largest CEMIG Preferred Shares buyer in Q3 2023 was Bank of America, an estimated $23.5M added.
- The largest CEMIG Preferred Shares seller in Q3 2023 was Goldman Sachs, an estimated $59.3M sold.
Based on aggregated 13F filings for Q3 2023.