CEMIG Preferred Shares
172 hedge funds and large institutions have $347M invested in CEMIG Preferred Shares in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 54 increasing their positions, 69 reducing their positions, and 23 closing their positions.
260% more call options, than puts
Call options by funds: $360K | Put options by funds: $100K
1% more capital invested
Capital invested by funds: $345M → $347M (+$2.07M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.71% less ownership
Funds ownership: 13.1% → 12.39% (-0.71%)
5% less funds holding
Funds holding: 182 → 172 (-10)
22% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 69
43% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$5.19M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.54M |
| 3 |
PCP
Polunin Capital Partners
London,
United Kingdom
|
+$3.44M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$1.7M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$9.4M |
| 2 |
Millennium Management
New York
|
-$5.98M |
| 3 |
BlackRock
New York
|
-$4.49M |
| 4 |
Two Sigma Investments
New York
|
-$4.02M |
| 5 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
-$3.85M |
CIG Hedge Fund Activity: Q1 2024 in Review
172 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q1 2024, worth a combined $347M — up 0.6% from $345M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CIG and 13 opened new positions — a net loss of 10 holders — while 69 trimmed existing stakes and 54 added.
The largest buyer was Goldman Sachs, adding an estimated $5.19M. The largest seller was JP Morgan Chase, cutting an estimated $9.4M.
- 172 institutional investors held CEMIG Preferred Shares (CIG) as of Q1 2024, down from 182 in Q4 2023.
- Funds reported $347M of CEMIG Preferred Shares stock for Q1 2024, up 0.6% quarter-over-quarter.
- 13 funds opened new CEMIG Preferred Shares positions in Q1 2024 and 23 closed out, a net change of -10 holders.
- The largest CEMIG Preferred Shares buyer in Q1 2024 was Goldman Sachs, an estimated $5.19M added.
- The largest CEMIG Preferred Shares seller in Q1 2024 was JP Morgan Chase, an estimated $9.4M sold.
Based on aggregated 13F filings for Q1 2024.