Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cia Energetica de Minas Gera (CIG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +20
Streak
5Q ▲
Buyers last Q
63%

Smart Money Signals — CIG

Based on 204 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added CIG 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
204 hedge funds hold CIG 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 — +23% more funds vs a year ago

fund count last 6Q
+38 new funds entered over the past year (+23% 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 — 63% buying

114 buying67 selling
Last quarter: 114 funds were net buyers (37 opened a brand new position + 77 added to an existing one). Only 67 were sellers (50 trimmed + 17 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+12 vs last Q)

new funds entering per quarter
Funds opening a new CIG position: 22 → 20 → 25 → 37. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 19% medium ■ 20% new
124 out of 204 hedge funds have held CIG 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 +24% but shares only +5% — price-driven

Value
+24%
Shares
+5%
Last quarter: the total dollar value of institutional holdings rose +24%, but actual share count only changed +5%. 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

20 → 22 → 20 → 25 → 37 new funds/Q
New funds entering each quarter: 22 → 20 → 25 → 37. A growing number of institutions are discovering CIG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 69% of holders stayed 2+ years

■ 69% veterans ■ 8% 1-2yr ■ 23% new
Of 207 current holders: 143 (69%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
40 of 204 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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 — CIG

In 2026 Q1, 114 hedge funds were net buyers of CIG (37 opened a new position, 77 added to an existing one), while 67 reduced or exited (50 trimmed, 17 sold completely) — a 63% buyer ratio, indicating clear institutional accumulation. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 38% of total institutional value in CIG is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +20 funds (more new holders than closures). Total institutional holders: 204.

Hedge Fund Ownership: CIG

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

Market Analysis: CIG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CIG

-- --

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

Is It Too Late to Buy Cia Energetica de Minas Gera (CIG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CIG has moved relative to its sector benchmark (XLU) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 76d ago
CIG
-12.6%
XLU
-2.5%

CIG outperformed XLU by -10.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 31d ago
CIG
-4.6%
XLU
+2.0%

Since the filing became public, CIG outperformed XLU by -6.6% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

14 top-rated funds 0 high-conviction
Consensus
5.1
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: CIG
204 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 204 184 10.87%
13F Shares 146M 138M 5.49%
Total Value $348M $280M 24.25%
New Positions 37 25 +12
Increased Positions 77 58 +19
Closed Positions 17 22 -5
Reduced Positions 47 62 -15
Total Calls 2 1 100.0%
Total Puts 1 1 -
PUT/CALL Ratio 0.5 1.0 Bullish

Statistics: CIG

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Valuation Measures Data as of: --

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

204 + investors

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

QUARTER:
Top 25 CIG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 TSP Capital Management Group, LLC 5.32% 9,123,551 $21.8M
2 Ativo Capital Management LLC 1.69% 812,518 $1.9M
3 Promethos Capital, LLC 0.89% 1,392,618 $3.3M
4 Everstar Asset Management, LLC 0.71% 558,548 $1.3M
5 Mangrove Partners IM, LLC 0.51% 2,625,000 $6.3M
6 Longfellow Investment Management Co LLC 0.23% 463,490 $1.1M
7 Crossmark Global Holdings, Inc. 0.14% 4,036,654 $9.6M
8 VPR Management LLC 0.14% 147,547 $353K
9 Generali Investments CEE, investicni spolecnost, a.s. 0.12% 922,044 $2.2M
10 Advisors Preferred, LLC 0.10% 296,210 $708K
11 First Affirmative Financial Network 0.09% 92,258 $195K
12 Qtron Investments LLC 0.09% 274,000 $655K
13 SPX Gestao de Recursos Ltda 0.07% 368,223 $880K
14 Invested Advisors 0.06% 25,447 $61K
15 Virtus Investment Advisers, LLC 0.05% 80,126 $192K
16 Axq Capital, LP 0.05% 152,022 $363K
17 West Family Investments, Inc. 0.04% 48,029 $115K
18 United Capital Financial Advisors, LLC 0.04% 2,728,809 $6.5M
19 Investment Research Partners LLC 0.04% 39,592 $95K
20 Renaissance Technologies LLC 0.03% 7,993,849 $19.1M
21 PCM Encore, LLC 0.02% 50,335 $120K
22 Abundance Wealth Counselors 0.02% 71,111 $170K
23 Blackhawk Capital Partners, LLC 0.02% 24,337 $58K
24 DGS Capital Management, LLC 0.02% 51,523 $123K
25 Two Sigma Securities, LLC 0.02% 72,416 $173K
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 — Cia Energetica de Minas Gera (CIG)

What does the Smart Money Trend signal show for CIG?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added CIG 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 CIG?

More buyers than sellers — 63% buying: Last quarter: 114 funds were net buyers (37 opened a brand new position + 77 added to an existing one). Only 67 were sellers (50 trimmed + 17 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CIG holders?

Strong quality — 38% AUM from major funds: 40 of 204 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CIG?

61% of holders stayed for 2+ years: 124 out of 204 hedge funds have held CIG 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.

Is it too late to buy Cia Energetica de Minas Gera (CIG) following the 2026 Q1 hedge fund 13F filings?

As of today, CIG has moved -4.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the XLU sector ETF — an outperformance of -6.6%. Since the quarter end (March 31, 2026), CIG has gained -12.6% vs -2.5% for XLU. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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