CEMIG Preferred Shares
133 hedge funds and large institutions have $328M invested in CEMIG Preferred Shares in 2019 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 39 increasing their positions, 42 reducing their positions, and 15 closing their positions.
295% more call options, than puts
Call options by funds: $664K | Put options by funds: $168K
73% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 15
11% more capital invested
Capital invested by funds: $296M → $328M (+$31.4M)
8% more funds holding
Funds holding: 123 → 133 (+10)
1.09% more ownership
Funds ownership: 17.12% → 18.21% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$19.5M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$11.1M |
| 3 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$8.54M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.64M |
| 5 |
Renaissance Technologies
New York
|
+$5.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T2I
Turim 21 Investimentos
Rio De Janeiro,
Brazil
|
-$20.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$15.2M |
| 3 |
Bank of New York Mellon
New York
|
-$6.18M |
| 4 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
-$5.89M |
| 5 |
Millennium Management
New York
|
-$1.95M |
CIG Hedge Fund Activity: Q1 2019 in Review
133 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q1 2019, worth a combined $328M — up 11% from $296M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CIG positions and 15 closed out — a net gain of 11 holders — while 39 added to existing stakes and 42 trimmed.
The largest buyer was BlackRock, adding an estimated $19.5M. The largest seller was Turim 21 Investimentos, cutting an estimated $20.7M.
- 133 institutional investors held CEMIG Preferred Shares (CIG) as of Q1 2019, up from 123 in Q4 2018.
- Funds reported $328M of CEMIG Preferred Shares stock for Q1 2019, up 11% quarter-over-quarter.
- 26 funds opened new CEMIG Preferred Shares positions in Q1 2019 and 15 closed out, a net change of +11 holders.
- The largest CEMIG Preferred Shares buyer in Q1 2019 was BlackRock, an estimated $19.5M added.
- The largest CEMIG Preferred Shares seller in Q1 2019 was Turim 21 Investimentos, an estimated $20.7M sold.
Based on aggregated 13F filings for Q1 2019.