CEMIG Preferred Shares
98 hedge funds and large institutions have $129M invested in CEMIG Preferred Shares in 2018 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 33 reducing their positions, and 22 closing their positions.
3,890% more call options, than puts
Call options by funds: $1.16M | Put options by funds: $29K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.65% less ownership
Funds ownership: 18.91% → 16.26% (-2.7%)
11% less funds holding
Funds holding: 110 → 98 (-12)
18% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 33
38% less capital invested
Capital invested by funds: $208M → $129M (-$79.5M)
50% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PineBridge Investments
New York
|
+$5.33M |
| 2 |
MWNA
Marshall Wace North America
New York
|
+$1.49M |
| 3 |
AG
Aperio Group
Sausalito,
California
|
+$1.04M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
+$967K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$926K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KSCM
King Street Capital Management
New York
|
-$6.05M |
| 2 |
ECP
Electron Capital Partners
New York
|
-$5.69M |
| 3 |
Millennium Management
New York
|
-$5.03M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.73M |
| 5 |
Goldman Sachs
New York
|
-$3.64M |
CIG Hedge Fund Activity: Q2 2018 in Review
98 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q2 2018, worth a combined $129M — down 38% from $208M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of CIG and 11 opened new positions — a net loss of 11 holders — while 33 trimmed existing stakes and 27 added.
The largest buyer was PineBridge Investments, adding an estimated $5.33M. The largest seller was King Street Capital Management, cutting an estimated $6.05M.
- 98 institutional investors held CEMIG Preferred Shares (CIG) as of Q2 2018, down from 110 in Q1 2018.
- Funds reported $129M of CEMIG Preferred Shares stock for Q2 2018, down 38% quarter-over-quarter.
- 11 funds opened new CEMIG Preferred Shares positions in Q2 2018 and 22 closed out, a net change of -11 holders.
- The largest CEMIG Preferred Shares buyer in Q2 2018 was PineBridge Investments, an estimated $5.33M added.
- The largest CEMIG Preferred Shares seller in Q2 2018 was King Street Capital Management, an estimated $6.05M sold.
Based on aggregated 13F filings for Q2 2018.