CHEMUNG FINL CORP CHMG
COM · Common Stock · CUSIP 164024101
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersElmira, NY
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($968.3k this quarter). Holder counts are more reliable. Shares outstanding: 4.8m as of 2024-08-02, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $48.01.
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 41 |
| Q4 2022 | 46 |
| Q1 2023 | 44 |
| Q2 2023 | 51 |
| Q3 2023 | 54 |
| Q4 2023 | 55 |
| Q1 2024 | 55 |
| Q2 2024 | 64 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 20 | 14 |
| Q1 2023 | 26 | 18 |
| Q2 2023 | 31 | 17 |
| Q3 2023 | 24 | 16 |
| Q4 2023 | 24 | 14 |
| Q1 2024 | 24 | 22 |
| Q2 2024 | 33 | 19 |
Biggest buyers
| BlackRock Inc. | Added | +13.6k |
| Fourthstone LLC | Added | +10.4k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +8.1k |
| Modern Wealth Management, LLC | New | +7.6k |
| MARTINGALE ASSET MANAGEMENT L P | New | +7.5k |
| VANGUARD GROUP INC | Added | +6.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Added | +5.9k |
| WELLS FARGO & COMPANY/MN | Added | +5.8k |
| DIMENSIONAL FUND ADVISORS LP | Added | +5.6k |
| Corton Capital Inc. | New | +5.1k |
Biggest sellers
| MORGAN STANLEY | Reduced | -60.2k |
| Empowered Funds, LLC | Reduced | -17.3k |
| VALICENTI ADVISORY SERVICES INC | Sold out | -8.8k |
| CITADEL ADVISORS LLC | Sold out | -7.2k |
| JPMORGAN CHASE & CO | Reduced | -7.1k |
| FIRST MANHATTAN CO. LLC. | Reduced | -3.6k |
| CHEMUNG CANAL TRUST CO | Reduced | -3.2k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -1.9k |
| UBS Group AG | Reduced | -1.9k |
| AMERICAN INTERNATIONAL GROUP, INC. | Sold out | -1.7k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| CHEMUNG CANAL TRUST CO 13G · passive -1.1 pts · filed 2026-07-15 | 6.3% |
| DALRYMPLE FAMILY LTD PARTNERSHIP 13G · exempt (held before listing) -0.7 pts · filed 2026-02-13 | 5.7% |
| BlackRock, Inc. 13G · institution +0.9 pts · filed 2026-07-27 | 5.3% |
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 2 | $338.9k | — |
| Q4 2022 | 1 | $45.9k | 0 | — | — |
| Q1 2023 | 1 | $40.1k | 1 | $52.4k | — |
| Q2 2023 | 2 | $125.9k | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $37.1k | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 1 | $3.7k | 1 | $17.9k | — |
| Q2 2024 | 1 | $6.5k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-04 | Fariello Daniel D President, Capital Bank Div. · By Qualified Plan | Bought | $6.5k151 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| Fourthstone LLC 6.82% of their portfolio | 446.4k $21.4m | Added +10.4k |
| CHEMUNG CANAL TRUST CO 3.15% of their portfolio | 339.2k $16.3m | Reduced -3.2k |
| BlackRock Inc. 0.00% of their portfolio | 223.0k $10.7m | Added +13.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 195.1k $9.4m | Added +6.8k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 132.1k $6.3m | Added +5.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 74.9k $3.6m | Added +1.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 67.4k $3.2m | Added +5.9k |
| STATE STREET CORP 0.00% of their portfolio | 49.6k $2.4m | Added +4.9k |
| FIRST MANHATTAN CO. LLC. 0.01% of their portfolio | 44.3k $2.1m | Reduced -3.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 36.3k $1.7m | Reduced -1.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 34.3k $1.6m | Added +1.4k |
| MORGAN STANLEY 0.00% of their portfolio | 32.6k $1.6m | Reduced -60.2k |
| ROYCE & ASSOCIATES LP 0.01% of their portfolio | 31.0k $1.5m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 28.5k $1.4m | Reduced -117 |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 27.1k $1.3m | Added +2.1k |
| Empowered Funds, LLC 0.02% of their portfolio | 20.2k $968.3k | Reduced -17.3k |
| Forum Financial Management, LP 0.02% of their portfolio | 18.9k $905.7k | Unchanged |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 16.7k $802.0k | Unchanged |
| Alesco Advisors, LLC, An ESL Co 0.02% of their portfolio | 13.2k $634.3k | Unchanged |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 12.0k $578.0k | Added +41 |
| Bank of New York Mellon Corp 0.00% of their portfolio | 11.6k $557.6k | Added +397 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 9.8k $470.4k | Added +8.1k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 9.3k $448.0k | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 9.3k $447.4k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 7.8k $372.8k | Added +5.8k |
| Modern Wealth Management, LLC 0.03% of their portfolio | 7.6k $363.9k | New |
| Invesco Ltd. 0.00% of their portfolio | 7.5k $358.9k | Reduced -918 |
| MARTINGALE ASSET MANAGEMENT L P 0.01% of their portfolio | 7.5k $358.4k | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 7.2k $347.0k | Reduced -940 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 7.2k $346.5k | Unchanged |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 7.0k $337.3k | Added +114 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 6.9k $332.4k | Added +1.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 5.8k $280.1k | Reduced -7.1k |
| Corton Capital Inc. 0.13% of their portfolio | 5.1k $245.3k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 4.5k $215.2k | New |
| Bright Futures Wealth Management, LLC. 0.11% of their portfolio | 4.3k $200.3k | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 4.2k $202.7k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 3.5k $167.1k | Reduced -159 |
| BARCLAYS PLC 0.00% of their portfolio | 3.4k $165.5k | Added +396 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.0k $143.0k | Added +230 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 2.6k $126.3k | Reduced -477 |
| UBS Group AG 0.00% of their portfolio | 2.4k $115.1k | Reduced -1.9k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 2.1k $101.1k | Added +198 |
| Corebridge Financial, Inc. 0.00% of their portfolio | 1.8k $84.3k | First filing |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 1.6k $78.1k | First filing |
| Sandy Spring Bank 0.00% of their portfolio | 1.5k $72.0k | Unchanged |
| FMR LLC 0.00% of their portfolio | 910 $43.7k | Reduced -26 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 819 $39.3k | Added +787 |
| CITIGROUP INC 0.00% of their portfolio | 734 $35.2k | Added +75 |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 625 $30.0k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 357 $17.1k | Added +316 |
| Legal & General Group Plc 0.00% of their portfolio | 316 $15.2k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 289 $13.9k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 237 $11.4k | Reduced -115 |
| AMALGAMATED BANK 0.00% of their portfolio | 118 $6.0k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 99 $5.0k | Added +97 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 74 $3.6k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 58 $2.8k | New |
| Arax Advisory Partners 0.00% of their portfolio | 51 $2.4k | New |
| Covestor Ltd 0.00% of their portfolio | 27 $1.0k | Reduced -14 |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 25 $1.2k | Unchanged |
| Cornerstone Planning Group LLC 0.00% of their portfolio | 13 $577 | New |
| INNEALTA CAPITAL, LLC 0.00% of their portfolio | 2 $96 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |