CEMIG Preferred Shares
159 hedge funds and large institutions have $452M invested in CEMIG Preferred Shares in 2023 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 44 increasing their positions, 53 reducing their positions, and 12 closing their positions.
3,400% more call options, than puts
Call options by funds: $385K | Put options by funds: $11K
117% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 12
10% more capital invested
Capital invested by funds: $412M → $452M (+$40.3M)
10% more funds holding
Funds holding: 145 → 159 (+14)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.72% less ownership
Funds ownership: 15.94% → 15.22% (-0.72%)
17% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$8.41M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$6.23M |
| 3 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$3.4M |
| 4 |
Renaissance Technologies
New York
|
+$2.65M |
| 5 |
TC
Trium Capital
London,
United Kingdom
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$12.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$8.73M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.83M |
| 4 |
Goldman Sachs
New York
|
-$5.07M |
| 5 |
BlackRock
New York
|
-$4.45M |
CIG Hedge Fund Activity: Q2 2023 in Review
159 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q2 2023, worth a combined $452M — up 9.8% from $412M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CIG positions and 12 closed out — a net gain of 14 holders — while 44 added to existing stakes and 53 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $8.41M. The largest seller was National Bank of Canada, exiting entirely with an estimated $12.6M sold.
- 159 institutional investors held CEMIG Preferred Shares (CIG) as of Q2 2023, up from 145 in Q1 2023.
- Funds reported $452M of CEMIG Preferred Shares stock for Q2 2023, up 9.8% quarter-over-quarter.
- 26 funds opened new CEMIG Preferred Shares positions in Q2 2023 and 12 closed out, a net change of +14 holders.
- The largest CEMIG Preferred Shares buyer in Q2 2023 was Citadel Advisors, an estimated $8.41M added.
- The largest CEMIG Preferred Shares seller in Q2 2023 was National Bank of Canada, an estimated $12.6M sold.
Based on aggregated 13F filings for Q2 2023.