CEMIG Preferred Shares
166 hedge funds and large institutions have $280M invested in CEMIG Preferred Shares in 2024 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 47 increasing their positions, 65 reducing their positions, and 30 closing their positions.
69% more call options, than puts
Call options by funds: $22K | Put options by funds: $13K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.16% less ownership
Funds ownership: 8.43% → 8.27% (-0.16%)
9% less funds holding
Funds holding: 183 → 166 (-17)
15% less capital invested
Capital invested by funds: $328M → $280M (-$48M)
28% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 65
53% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$14.5M |
| 2 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$3.58M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.72M |
| 4 |
BlackRock
New York
|
+$2.71M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$12.8M |
| 2 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$6.78M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.36M |
| 4 |
Morgan Stanley
New York
|
-$3.01M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.01M |
CIG Hedge Fund Activity: Q4 2024 in Review
166 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q4 2024, worth a combined $280M — down 15% from $328M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of CIG and 14 opened new positions — a net loss of 16 holders — while 65 trimmed existing stakes and 47 added.
The largest buyer was Goldman Sachs, adding an estimated $14.5M. The largest seller was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, exiting entirely with an estimated $12.8M sold.
- 166 institutional investors held CEMIG Preferred Shares (CIG) as of Q4 2024, down from 183 in Q3 2024.
- Funds reported $280M of CEMIG Preferred Shares stock for Q4 2024, down 15% quarter-over-quarter.
- 14 funds opened new CEMIG Preferred Shares positions in Q4 2024 and 30 closed out, a net change of -16 holders.
- The largest CEMIG Preferred Shares buyer in Q4 2024 was Goldman Sachs, an estimated $14.5M added.
- The largest CEMIG Preferred Shares seller in Q4 2024 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $12.8M sold.
Based on aggregated 13F filings for Q4 2024.