Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Chemung Finl Corp (CHMG)

102 + Investors. Track Smart Money conviction in CHMG. See who's accumulating, reducing, or initiating positions.

Fetching live quote...
Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +13
Streak
1Q ▲
Buyers last Q
67%

Smart Money Signals — CHMG

Based on 103 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added CHMG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
103 hedge funds hold CHMG right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +26% more funds vs a year ago

fund count last 6Q
+21 new funds entered over the past year (+26% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 67% buying

60 buying29 selling
Last quarter: 60 funds were net buyers (23 opened a brand new position + 37 added to an existing one). Only 29 were sellers (19 trimmed + 10 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+16 vs last Q)

new funds entering per quarter
Funds opening a new CHMG position: 11 → 12 → 7 → 23. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

47% of holders stayed for 2+ years

■ 47% conviction (2yr+) ■ 29% medium ■ 24% new
48 out of 103 hedge funds have held CHMG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +48% but shares only +8% — price-driven

Value
+48%
Shares
+7%
Last quarter: the total dollar value of institutional holdings rose +48%, but actual share count only changed +8%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

12 → 11 → 12 → 7 → 23 new funds/Q
New funds entering each quarter: 11 → 12 → 7 → 23. A growing number of institutions are discovering CHMG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 51% veterans vs 31% newcomers

■ 51% veterans ■ 17% 1-2yr ■ 31% new
Entry-cohort mix of 103 holders: 53 (51%) are 2+ year veterans, 18 entered 1–2 years ago, and 32 (31%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 55% AUM from top-100 funds

55% from top-100 AUM funds
34 of 103 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in CHMG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CHMG

In 2026 Q2, 60 hedge funds were net buyers of CHMG (23 opened a new position, 37 added to an existing one), while 29 reduced or exited (19 trimmed, 10 sold completely) — a 67% buyer ratio, indicating clear institutional accumulation. 55% of total institutional value in CHMG is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +13 funds (more new holders than closures). Total institutional holders: 103.

Hedge Fund Ownership: CHMG

How many hedge funds hold CHMG — quarterly history vs. share price
Quarterly hedge fund ownership of CHMG vs. share price

Market Analysis: CHMG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CHMG

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 0 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: CHMG
102 + Investors

Track Smart Money conviction in CHMG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 102 90 13.33%
13F Shares 2M 2M 7.7%
Total Value $170M $115M 47.95%
New Positions 23 7 +16
Increased Positions 36 28 +8
Closed Positions 11 7 +4
Reduced Positions 19 23 -4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CHMG

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

102 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CHMG. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CHMG holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Chemung Canal Trust Co 3.92% 284,776 $21.2M
2 PL Capital Advisors, LLC 2.27% 109,336 $8.2M
3 Semanteon Capital Management, LP 1.12% 3,339 $249K
4 Hudock, Inc. 0.21% 21,914 $1.6M
5 Bridgeway Capital Management, LLC 0.07% 53,155 $4.0M
6 Martingale Asset Management L P 0.03% 14,319 $1.1M
7 Alesco Advisors, LLC, An ESL Co 0.02% 11,554 $862K
8 Occudo Quantitative Strategies LP 0.02% 4,802 $358K
9 Empowered Funds, LLC 0.01% 26,957 $2.0M
10 Hillsdale Investment Management Inc. 0.01% 5,600 $418K
11 Manufacturers Life Insurance Company, the 0.01% 162,219 $12.1M
12 Belpointe Asset Management LLC 0.01% 3,000 $224K
13 First Manhattan CO. LLC. 0.01% 35,240 $2.6M
14 Jfs Wealth Advisors, LLC 0.01% 1,800 $135K
15 Forum Financial Management, LP 0.01% 6,743 $503K
16 XTX Topco Ltd 0.01% 6,522 $486K
17 Renaissance Technologies LLC 0.01% 60,679 $4.5M
18 Algert Global LLC 0.01% 6,622 $494K
19 Trexquant Investment LP 0.01% 11,527 $860K
20 Connor, Clark & Lunn Investment Management Ltd. 0.00% 26,559 $2.0M
21 Panagora Asset Management Inc 0.00% 15,376 $1.1M
22 Graney & King, LLC 0.00% 105 $8K
23 Modern Wealth Management, LLC 0.00% 3,010 $224K
24 ESL Trust Services, LLC 0.00% 200 $15K
25 Atlantic Union Bankshares Corp 0.00% 1,500 $112K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Chemung Finl Corp (CHMG)

What does the Smart Money Trend signal show for CHMG?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added CHMG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CHMG?

More buyers than sellers — 67% buying: Last quarter: 60 funds were net buyers (23 opened a brand new position + 37 added to an existing one). Only 29 were sellers (19 trimmed + 10 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CHMG holders?

Elite ownership — 55% AUM from top-100 funds: 34 of 103 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in CHMG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CHMG?

47% of holders stayed for 2+ years: 48 out of 103 hedge funds have held CHMG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →