CEMIG Preferred Shares
105 hedge funds and large institutions have $131M invested in CEMIG Preferred Shares in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 14 closing their positions.
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
11% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 27
7% more funds holding
Funds holding: 98 → 105 (+7)
2% more capital invested
Capital invested by funds: $129M → $131M (+$1.97M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.17% less ownership
Funds ownership: 16.26% → 15.09% (-1.2%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $22K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$7.55M |
| 2 |
Goldman Sachs
New York
|
+$6.78M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.8M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PineBridge Investments
New York
|
-$3.98M |
| 2 |
BlackRock
New York
|
-$3.97M |
| 3 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
-$3.27M |
| 4 |
Morgan Stanley
New York
|
-$3.15M |
| 5 |
KSCM
King Street Capital Management
New York
|
-$1.38M |
CIG Hedge Fund Activity: Q3 2018 in Review
105 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q3 2018, worth a combined $131M — up 1.5% from $129M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CIG positions and 14 closed out — a net gain of 7 holders — while 30 added to existing stakes and 27 trimmed.
The largest buyer was Itau Unibanco Holding S.A., opening a new position worth an estimated $7.55M. The largest seller was PineBridge Investments, cutting an estimated $3.98M.
- 105 institutional investors held CEMIG Preferred Shares (CIG) as of Q3 2018, up from 98 in Q2 2018.
- Funds reported $131M of CEMIG Preferred Shares stock for Q3 2018, up 1.5% quarter-over-quarter.
- 21 funds opened new CEMIG Preferred Shares positions in Q3 2018 and 14 closed out, a net change of +7 holders.
- The largest CEMIG Preferred Shares buyer in Q3 2018 was Itau Unibanco Holding S.A., an estimated $7.55M added.
- The largest CEMIG Preferred Shares seller in Q3 2018 was PineBridge Investments, an estimated $3.98M sold.
Based on aggregated 13F filings for Q3 2018.