CEMIG Preferred Shares
186 hedge funds and large institutions have $280M invested in CEMIG Preferred Shares in 2025 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 59 increasing their positions, 61 reducing their positions, and 16 closing their positions.
490% more call options, than puts
Call options by funds: $118K | Put options by funds: $20K
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
2% more funds holding
Funds holding: 182 → 186 (+4)
0.41% less ownership
Funds ownership: 7.2% → 6.79% (-0.41%)
3% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 61
4% less capital invested
Capital invested by funds: $291M → $280M (-$10.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$19.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.86M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$1.34M |
| 4 |
BlackRock
New York
|
+$1.25M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
-$18.7M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.62M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.05M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.42M |
| 5 |
Millennium Management
New York
|
-$2.32M |
CIG Hedge Fund Activity: Q4 2025 in Review
186 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in CEMIG Preferred Shares (CIG) for Q4 2025, worth a combined $280M — down 3.8% from $291M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CIG positions and 16 closed out — a net gain of 9 holders — while 59 added to existing stakes and 61 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $19.9M. The largest seller was TSP Capital Management Group, exiting entirely with an estimated $18.7M sold.
- 186 institutional investors held CEMIG Preferred Shares (CIG) as of Q4 2025, up from 182 in Q3 2025.
- Funds reported $280M of CEMIG Preferred Shares stock for Q4 2025, down 3.8% quarter-over-quarter.
- 25 funds opened new CEMIG Preferred Shares positions in Q4 2025 and 16 closed out, a net change of +9 holders.
- The largest CEMIG Preferred Shares buyer in Q4 2025 was Goldman Sachs, an estimated $19.9M added.
- The largest CEMIG Preferred Shares seller in Q4 2025 was TSP Capital Management Group, an estimated $18.7M sold.
Based on aggregated 13F filings for Q4 2025.