CEMIG Preferred Shares
104 hedge funds and large institutions have $201M invested in CEMIG Preferred Shares in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 37 increasing their positions, 54 reducing their positions, and 19 closing their positions.
34,525% more call options, than puts
Call options by funds: $4.16M | Put options by funds: $12K
1.55% more ownership
Funds ownership: 18.67% → 20.22% (+1.6%)
2% more capital invested
Capital invested by funds: $198M → $201M (+$3.01M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less funds holding
Funds holding: 115 → 104 (-11)
31% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 54
58% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$40.6M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$1.23M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.1M |
| 4 |
AG
Aperio Group
Sausalito,
California
|
+$603K |
| 5 |
Goldman Sachs
New York
|
+$538K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$5.1M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.8M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.26M |
| 4 |
JP Morgan Chase
New York
|
-$3.7M |
| 5 |
Renaissance Technologies
New York
|
-$3.24M |
CIG Hedge Fund Activity: Q3 2020 in Review
104 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q3 2020, worth a combined $201M — up 1.5% from $198M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CIG and 8 opened new positions — a net loss of 11 holders — while 54 trimmed existing stakes and 37 added.
The largest buyer was BlackRock, adding an estimated $40.6M. The largest seller was Millennium Management, cutting an estimated $5.1M.
- 104 institutional investors held CEMIG Preferred Shares (CIG) as of Q3 2020, down from 115 in Q2 2020.
- Funds reported $201M of CEMIG Preferred Shares stock for Q3 2020, up 1.5% quarter-over-quarter.
- 8 funds opened new CEMIG Preferred Shares positions in Q3 2020 and 19 closed out, a net change of -11 holders.
- The largest CEMIG Preferred Shares buyer in Q3 2020 was BlackRock, an estimated $40.6M added.
- The largest CEMIG Preferred Shares seller in Q3 2020 was Millennium Management, an estimated $5.1M sold.
Based on aggregated 13F filings for Q3 2020.