CEMIG Preferred Shares
183 hedge funds and large institutions have $328M invested in CEMIG Preferred Shares in 2024 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 58 increasing their positions, 64 reducing their positions, and 14 closing their positions.
914% more call options, than puts
Call options by funds: $71K | Put options by funds: $7K
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
15% more capital invested
Capital invested by funds: $286M → $328M (+$42.1M)
5% more funds holding
Funds holding: 174 → 183 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.04% less ownership
Funds ownership: 8.47% → 8.42% (-0.04%)
9% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$12.4M |
| 2 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$2.97M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$1.91M |
| 4 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
+$1.81M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$12M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.01M |
| 3 |
Citigroup
New York
|
-$1.93M |
| 4 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
-$1.55M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$1.43M |
CIG Hedge Fund Activity: Q3 2024 in Review
183 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q3 2024, worth a combined $328M — up 15% from $286M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CIG positions and 14 closed out — a net gain of 10 holders — while 58 added to existing stakes and 64 trimmed.
The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, opening a new position worth an estimated $12.4M. The largest seller was Goldman Sachs, cutting an estimated $12M.
- 183 institutional investors held CEMIG Preferred Shares (CIG) as of Q3 2024, up from 174 in Q2 2024.
- Funds reported $328M of CEMIG Preferred Shares stock for Q3 2024, up 15% quarter-over-quarter.
- 24 funds opened new CEMIG Preferred Shares positions in Q3 2024 and 14 closed out, a net change of +10 holders.
- The largest CEMIG Preferred Shares buyer in Q3 2024 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $12.4M added.
- The largest CEMIG Preferred Shares seller in Q3 2024 was Goldman Sachs, an estimated $12M sold.
Based on aggregated 13F filings for Q3 2024.