CEMIG Preferred Shares
145 hedge funds and large institutions have $412M invested in CEMIG Preferred Shares in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 63 increasing their positions, 44 reducing their positions, and 24 closing their positions.
523% more call options, than puts
Call options by funds: $249K | Put options by funds: $40K
43% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 44
2% more capital invested
Capital invested by funds: $404M → $412M (+$8.31M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.31% less ownership
Funds ownership: 17.25% → 15.94% (-1.3%)
10% less funds holding
Funds holding: 162 → 145 (-17)
54% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.3M |
| 2 |
Citigroup
New York
|
+$5.3M |
| 3 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
+$2.54M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$2.42M |
| 5 |
Optiver Holding
Amsterdam,
Netherlands
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$11.4M |
| 2 |
Millennium Management
New York
|
-$10.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.39M |
| 4 |
Jane Street
New York
|
-$3.98M |
| 5 |
Goldman Sachs
New York
|
-$3.81M |
CIG Hedge Fund Activity: Q1 2023 in Review
145 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q1 2023, worth a combined $412M — up 2.1% from $404M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of CIG and 11 opened new positions — a net loss of 13 holders — while 44 trimmed existing stakes and 63 added.
The largest buyer was BlackRock, adding an estimated $10.3M. The largest seller was Citadel Advisors, cutting an estimated $11.4M.
- 145 institutional investors held CEMIG Preferred Shares (CIG) as of Q1 2023, down from 162 in Q4 2022.
- Funds reported $412M of CEMIG Preferred Shares stock for Q1 2023, up 2.1% quarter-over-quarter.
- 11 funds opened new CEMIG Preferred Shares positions in Q1 2023 and 24 closed out, a net change of -13 holders.
- The largest CEMIG Preferred Shares buyer in Q1 2023 was BlackRock, an estimated $10.3M added.
- The largest CEMIG Preferred Shares seller in Q1 2023 was Citadel Advisors, an estimated $11.4M sold.
Based on aggregated 13F filings for Q1 2023.