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CEMIG Preferred Shares

131 hedge funds and large institutions have $428M invested in CEMIG Preferred Shares in 2021 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 41 increasing their positions, 33 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

873% more call options, than puts

Call options by funds: $506K | Put options by funds: $52K

24% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 33

10% more capital invested

Capital invested by funds: $389M → $428M (+$39.1M)

3.5% more ownership

Funds ownership: 22.22%25.71% (+3.5%)

0% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 25

2% less funds holding

Funds holding: 133131 (-2)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
131
Holders Change
-2
Holders Change %
-1.5%
% of All Funds
2.02%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
25
Increased
41
Reduced
33
Closed
25
Calls
$506K
Puts
$52K
Net Calls
+$454K
Net Calls Change
+$395K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$130M -$1M -696,769 -0.8%
Goldman Sachs
2
Goldman Sachs
New York
$77.3M +$42.1M +29,285,074 +120%
PCP
3
Polunin Capital Partners
United Kingdom
$29.2M +$29.2M +20,334,235 New
Arrowstreet Capital
4
Arrowstreet Capital
Massachusetts
$19.8M +$7.3M +5,071,804 +58%
Millennium Management
5
Millennium Management
New York
$19.5M +$6.76M +4,703,074 +53%
Vanguard Group
6
Vanguard Group
Pennsylvania
$15M
TCMG
7
TSP Capital Management Group
New Jersey
$14.6M
Barclays
8
Barclays
United Kingdom
$13M +$2.04M +1,420,952 +19%
State Street
9
State Street
Massachusetts
$12.8M -$7.52M -5,230,744 -39%
MP
10
Mangrove Partners
Connecticut
$12.5M +$608K +422,500 +5%
AQR Capital Management
11
AQR Capital Management
Connecticut
$7.98M -$10.3M -7,145,040 -56%
JP Morgan Chase
12
JP Morgan Chase
New York
$7.32M -$2.62M -1,818,310 -26%
Optiver Holding
13
Optiver Holding
Netherlands
$7.03M +$2.5M +1,739,369 +57%
Citadel Advisors
14
Citadel Advisors
Florida
$5.42M +$4.94M +3,433,526 +1,026%
Renaissance Technologies
15
Renaissance Technologies
New York
$5.26M +$3.16M +2,197,000 +151%
Acadian Asset Management
16
Acadian Asset Management
Massachusetts
$4.71M -$1.87M -1,299,449 -28%
PPA
17
Parametric Portfolio Associates
Washington
$4.11M +$237K +164,990 +6%
Pzena Investment Management
18
Pzena Investment Management
New York
$3.98M
VanEck Associates
19
VanEck Associates
New York
$3.51M +$777K +539,979 +28%
CS
20
Credit Suisse
Switzerland
$3.01M -$1M -695,505 -25%
Legal & General Group
21
Legal & General Group
United Kingdom
$2.33M
Russell Investments Group
22
Russell Investments Group
United Kingdom
$1.94M +$753K +523,607 +62%
Grantham, Mayo, Van Otterloo & Co (GMO)
23
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.85M +$1.85M +1,284,738 New
Northern Trust
24
Northern Trust
Illinois
$1.75M -$37.5K -26,040 -2%
QI
25
Qtron Investments
Massachusetts
$1.56M +$133K +92,600 +9%

CIG Hedge Fund Activity: Q4 2021 in Review

131 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q4 2021, worth a combined $428M — up 10% from $389M a quarter earlier.

Fund positioning in CIG was balanced in Q4 2021: 25 funds opened new positions, 25 closed out, 41 added to existing stakes and 33 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $42.1M. The largest seller was AQR Capital Management, cutting an estimated $10.3M.

  • 131 institutional investors held CEMIG Preferred Shares (CIG) as of Q4 2021, down from 133 in Q3 2021.
  • Funds reported $428M of CEMIG Preferred Shares stock for Q4 2021, up 10% quarter-over-quarter.
  • 25 funds opened new CEMIG Preferred Shares positions in Q4 2021 and 25 closed out, a net change of 0 holders.
  • The largest CEMIG Preferred Shares buyer in Q4 2021 was Goldman Sachs, an estimated $42.1M added.
  • The largest CEMIG Preferred Shares seller in Q4 2021 was AQR Capital Management, an estimated $10.3M sold.

Based on aggregated 13F filings for Q4 2021.