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CEMIG Preferred Shares

110 hedge funds and large institutions have $208M invested in CEMIG Preferred Shares in 2018 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 37 increasing their positions, 31 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,157% more call options, than puts

Call options by funds: $1.66M | Put options by funds: $51K

22% more capital invested

Capital invested by funds: $171M → $208M (+$37M)

19% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 31

19% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 16

3% more funds holding

Funds holding: 107110 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.44% less ownership

Funds ownership: 19.35%18.91% (-0.44%)

Holders
110
Holders Change
+3
Holders Change %
+2.8%
% of All Funds
2.52%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
19
Increased
37
Reduced
31
Closed
16
Calls
$1.66M
Puts
$51K
Net Calls
+$1.61M
Net Calls Change
+$1.68M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$30.3M +$3.79M +3,179,389 +16%
Vanguard Group
2
Vanguard Group
Pennsylvania
$20.5M -$993K -832,004 -5%
Goldman Sachs
3
Goldman Sachs
New York
$18.3M +$6.97M +5,838,843 +72%
PPA
4
Parametric Portfolio Associates
Washington
$15.4M -$1.42M -1,186,215 -9%
Bank of America
5
Bank of America
North Carolina
$11.7M +$397K +332,794 +4%
PCP
6
Polunin Capital Partners
United Kingdom
$10.6M +$215K +180,027 +2%
KSCM
7
King Street Capital Management
New York
$9.29M +$234K +196,181 +3%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$9.26M +$2 +2 +0%
Morgan Stanley
9
Morgan Stanley
New York
$8.14M +$4.75M +3,978,714 +180%
JP Morgan Chase
10
JP Morgan Chase
New York
$6.43M +$1.68M +1,409,040 +41%
Millennium Management
11
Millennium Management
New York
$6.36M -$3.09M -2,588,661 -35%
State Street
12
State Street
Massachusetts
$6.1M +$658K +551,834 +13%
ECP
13
Electron Capital Partners
New York
$5.69M +$16.3K +13,679 +0.3%
Northern Trust
14
Northern Trust
Illinois
$4.51M +$277K +232,071 +7%
TCMG
15
TSP Capital Management Group
New Jersey
$4.39M +$38.2K +32,046 +1%
SGDR
16
SPX Gestao de Recursos
Brazil
$4.09M +$3.71M +3,111,443 New
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$3.26M -$21.9K -18,394 -0.7%
AllianceBernstein
18
AllianceBernstein
Tennessee
$3.01M +$38.9K +32,605 +1%
FDCDDQ
19
Federation des caisses Desjardins du Quebec
Quebec, Canada
$2.26M -$183K -153,609 -8%
Barclays
20
Barclays
United Kingdom
$1.73M -$78.2K -65,528 -5%
GH
21
GAM Holding
Switzerland
$1.41M
Grantham, Mayo, Van Otterloo & Co (GMO)
22
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.27M -$494K -414,333 -30%
UBS Group
23
UBS Group
Switzerland
$1.2M -$487K -408,135 -31%
PI
24
PineBridge Investments
New York
$1.17M -$24.2K -20,273 -2%
Invesco
25
Invesco
Georgia
$1.14M -$293K -245,470 -22%

CIG Hedge Fund Activity: Q1 2018 in Review

110 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q1 2018, worth a combined $208M — up 22% from $171M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new CIG positions and 16 closed out — a net gain of 3 holders — while 37 added to existing stakes and 31 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $6.97M. The largest seller was Citigroup, cutting an estimated $10.3M.

  • 110 institutional investors held CEMIG Preferred Shares (CIG) as of Q1 2018, up from 107 in Q4 2017.
  • Funds reported $208M of CEMIG Preferred Shares stock for Q1 2018, up 22% quarter-over-quarter.
  • 19 funds opened new CEMIG Preferred Shares positions in Q1 2018 and 16 closed out, a net change of +3 holders.
  • The largest CEMIG Preferred Shares buyer in Q1 2018 was Goldman Sachs, an estimated $6.97M added.
  • The largest CEMIG Preferred Shares seller in Q1 2018 was Citigroup, an estimated $10.3M sold.

Based on aggregated 13F filings for Q1 2018.