Vault-13

CIA ENERGETICA DE MINAS GERA CIG

SP ADR N-V PFD · ADR · CUSIP 204409601 · ISIN US2044096012

Brazilian power company

182 institutional holders +5 vs Q2 2025
137,275,536137.3m shares reported held*
$291.3mreported value*
16 new 63 added 59 reduced 13 sold out net sold ≈ $10.1m (+4.4m shares)

* 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 ($310.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $2.12. Options: 4 managers hold calls ($200.7k notional), 1 hold puts ($1.1k).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 150Q4 22: 164Q1 23: 146Q2 23: 162Q3 23: 180Q4 23: 183Q1 24: 173Q2 24: 175Q3 24: 185Q4 24: 167Q1 25: 169Q2 25: 177Q3 25: 182182Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022150
Q4 2022164
Q1 2023146
Q2 2023162
Q3 2023180
Q4 2023183
Q1 2024173
Q2 2024175
Q3 2024185
Q4 2024167
Q1 2025169
Q2 2025177
Q3 2025182

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 23: 66 bought or addedQ4 23: 87 cut or sold outQ1 24: 67 bought or addedQ1 24: 92 cut or sold outQ1 24Q2 24: 152 bought or addedQ2 24: 37 cut or sold outQ3 24: 81 bought or addedQ3 24: 77 cut or sold outQ3 24Q4 24: 58 bought or addedQ4 24: 93 cut or sold outQ1 25: 72 bought or addedQ1 25: 73 cut or sold outQ1 25Q2 25: 74 bought or addedQ2 25: 77 cut or sold outQ3 25: 79 bought or addedQ3 25: 72 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20236687
Q1 20246792
Q2 202415237
Q3 20248177
Q4 20245893
Q1 20257273
Q2 20257477
Q3 20257972

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300kQ4 24 calls: $21.6kQ4 24 puts: $13.3kQ4 24P/C 0.62Q1 25 calls: $55.3kQ1 25 puts: $7.6kQ1 25P/C 0.14Q2 25 calls: $175.3kQ2 25 puts: $980Q2 25P/C 0.01Q3 25 calls: $200.7kQ3 25 puts: $1.1kQ3 25P/C 0.01
Numbers
QuarterCallsPutsP/C
Q4 2024$21.6k$13.3k0.62
Q1 2025$55.3k$7.6k0.14
Q2 2025$175.3k$9800.01
Q3 2025$200.7k$1.1k0.01

Biggest buyers

TSP Capital Management Group, LLC New +9,127,729+9.1m
CITADEL ADVISORS LLC New +1,142,752+1.1m
MARSHALL WACE, LLP Added +985,564+985.6k
RENAISSANCE TECHNOLOGIES LLC Added +928,300+928.3k
BlackRock, Inc. Added +846,131+846.1k
AMERICAN CENTURY COMPANIES INC Added +719,046+719.0k
PZENA INVESTMENT MANAGEMENT LLC Added +424,100+424.1k
MILLENNIUM MANAGEMENT LLC Added +316,782+316.8k
SPX Gestao de Recursos Ltda Added +299,185+299.2k
JANE STREET GROUP, LLC New +258,016+258.0k

Biggest sellers

TSP Capital Management Group, LLC Sold out -9,130,696-9.1m
BANK OF AMERICA CORP /DE/ Reduced -5,505,978-5.5m
MORGAN STANLEY Reduced -1,252,398-1.3m
Itau Unibanco Holding S.A. Reduced -955,000-955.0k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -836,579-836.6k
Invesco Ltd. Reduced -636,946-636.9k
ACADIAN ASSET MANAGEMENT LLC Reduced -624,206-624.2k
GOLDMAN SACHS GROUP INC Reduced -436,401-436.4k
TWO SIGMA ADVISERS, LP Reduced -398,345-398.3k
AQR CAPITAL MANAGEMENT LLC Reduced -396,701-396.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $65.8k31.2k shares
CITADEL ADVISORS LLC Reduced $61.0k28.9k shares
GROUP ONE TRADING LLC Reduced $43.9k20.8k shares
SIMPLEX TRADING, LLC Added $30.0k14.5k shares

Biggest puts

GROUP ONE TRADING LLC Unchanged $1.1k500 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q3 2025

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.

None reported in Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 19,034,23919.0m $40.2m $40.2m 0.00% Added +846.1k +846,131
2 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 13,698,62513.7m $30.7m $30.7m 0.00% Added +37.3k +37,328
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 13,098,25813.1m $27.6m $27.6m 0.00% Unchanged
4 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 9,763,9729.8m $20.6m $20.6m 0.00% Reduced -436.4k -436,401
5 TSP Capital Management Group, LLC 5.15% of their portfolio Summit, NJ 9,127,7299.1m $19.3m $19.3m 5.15% New
6 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 8,274,6498.3m $17.5m $17.5m 0.02% Added +928.3k +928,300
7 MANGROVE PARTNERS IM, LLC 0.72% of their portfolio Greenwich, CT 4,600,0004.6m $9.7m $9.7m 0.72% Unchanged
8 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 4,488,0704.5m $9.5m $9.5m 0.00% Added +719.0k +719,046
9 Crossmark Global Holdings, Inc. 0.13% of their portfolio HOUSTON, TX 3,997,5694.0m $8.4m $8.4m 0.13% Reduced -173.1k -173,117
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,883,8953.9m $8.2m $8.2m 0.00% Reduced -1.3m -1,252,398
11 Robeco Institutional Asset Management B.V. 0.01% of their portfolio ROTTERDAM, P7 2,773,4132.8m $5.9m $5.9m 0.01% Unchanged
12 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 2,368,8542.4m $5.0m $5.0m 0.00% Added +37.0k +36,952
13 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.03% of their portfolio IRVING, TX 2,271,9632.3m $4.8m $4.8m 0.03% Added +25.9k +25,907
14 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 2,246,3932.2m $4.7m $4.7m 0.01% Unchanged
15 PZENA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 2,012,1942.0m $4.2m $4.2m 0.01% Added +424.1k +424,100
16 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,919,7061.9m $4.1m $4.1m 0.00% Added +11.7k +11,687
17 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,471,4001.5m $3.1m $3.1m 0.00% Added +316.8k +316,782
18 Legal & General Group Plc 0.00% of their portfolio London, X0 1,421,8521.4m $3.0m $3.0m 0.00% Reduced -200.0k -200,000
19 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 1,414,6971.4m $3.0m $3.0m 0.00% Reduced -836.6k -836,579
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,386,2671.4m $2.9m $2.9m 0.00% Added +254.4k +254,397
21 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 1,142,7521.1m $2.4m $2.4m 0.00% New
22 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 1,123,7991.1m $2.4m $2.4m 0.00% Reduced -396.7k -396,701
23 Amundi 0.00% of their portfolio Paris, I0 1,058,8661.1m $2.1m $2.1m 0.00% Unchanged
24 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 1,029,7991.0m $2.2m $2.2m 0.00% Added +61.5k +61,482
25 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 1,026,7821.0m $2.2m $2.2m 0.00% Reduced -204.3k -204,346
26 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 1,017,1391.0m $2.1m $2.1m 0.00% Added +985.6k +985,564
27 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 904,644904.6k $1.9m $1.9m 0.00% Added +60.8k +60,762
28 Generali Investments CEE, investicni spolecnost, a.s. 0.14% of their portfolio PRAGUE, 2N 885,399885.4k $1.9m $1.9m 0.14% Added +74.4k +74,400
29 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 735,686735.7k $1.6m $1.6m 0.00% Added +2.3k +2,334
30 Grantham, Mayo, Van Otterloo & Co. LLC 0.00% of their portfolio Boston, MA 717,492717.5k $1.5m $1.5m 0.00% Unchanged
31 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 697,410697.4k $1.5m $1.5m 0.00% Added +62.4k +62,402
32 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 674,408674.4k $1.4m $1.4m 0.00% Reduced -37.7k -37,730
33 Advisors Asset Management, Inc. 0.02% of their portfolio Monument, CO 623,087623.1k $1.3m $1.3m 0.02% Reduced -970 -970
34 Ativo Capital Management LLC 1.10% of their portfolio CHICAGO, IL 618,507618.5k $1.3m $1.3m 1.10% Reduced -10.9k -10,944
35 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 608,027608.0k $1.3m $1.3m 0.01% Reduced -423 -423
36 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 604,940604.9k $1.3m $1.3m 0.00% Added +256.2k +256,178
37 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 589,503589.5k $1.2m $1.2m 0.00% Reduced -1.4k -1,367
38 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 588,256588.3k $1.2m $1.2m 0.00% Reduced -5.5m -5,505,978
39 LONGFELLOW INVESTMENT MANAGEMENT CO LLC 0.27% of their portfolio BOSTON, MA 534,450534.5k $1.1m $1.1m 0.27% Added +106.8k +106,797
40 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 519,308519.3k $1.1m $1.1m 0.00% Added +95.1k +95,134
41 Vident Advisory, LLC 0.01% of their portfolio Alpharetta, GA 508,039508.0k $1.1m $1.1m 0.01% Added +22.2k +22,151
42 Everstar Asset Management, LLC 0.60% of their portfolio MOORESVILLE, NC 498,315498.3k $1.1m $1.1m 0.60% Added +99.2k +99,235
43 GREENLEAF TRUST 0.01% of their portfolio KALAMAZOO, MI 456,833456.8k $963.9k $963.9k 0.01% Unchanged
44 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 413,394413.4k $872.3k $872.3k 0.00% Added +50.8k +50,778
45 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 379,734379.7k $801.2k $801.2k 0.00% Unchanged
46 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 373,472373.5k $788.0k $788.0k 0.00% Reduced -75.2k -75,238
47 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 368,873368.9k $778.3k $778.3k 0.00% Reduced -636.9k -636,946
48 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 364,588364.6k $769.3k $769.3k 0.00% Reduced -156.5k -156,488
49 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 343,365343.4k $724.5k $724.5k 0.01% Reduced -35.3k -35,331
50 SPX Gestao de Recursos Ltda 0.06% of their portfolio RIO DE JANEIRO, D5 320,778320.8k $676.8k $676.8k 0.06% Added +299.2k +299,185
51 QUADRANT CAPITAL GROUP LLC 0.02% of their portfolio CINCINNATI, OH 300,476300.5k $634.0k $634.0k 0.02% Reduced -152.7k -152,708
52 Qtron Investments LLC 0.08% of their portfolio Boston, MA 295,828295.8k $624.2k $624.2k 0.08% Added +76.2k +76,193
53 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 289,665289.7k $611.2k $611.2k 0.01% Added +88.8k +88,755
54 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 288,745288.7k $608.0k $608.0k 0.00% Reduced -624.2k -624,206
55 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.01% of their portfolio Seattle, WA 268,992269.0k $567.6k $567.6k 0.01% Added +98.6k +98,609
56 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 258,951259.0k $546.4k $546.4k 0.00% Added +34.8k +34,825
57 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 258,016258.0k $544.4k $544.4k 0.00% New
58 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 253,227253.2k $535.0k $535.0k 0.00% Reduced -284.0k -284,021
59 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 242,138242.1k $510.9k $510.9k 0.00% Added +10.5k +10,462
60 Banque Cantonale Vaudoise 0.02% of their portfolio LAUSANNE, V8 210,624210.6k $444.0k $444.0k 0.02% Unchanged
61 Laird Norton Wetherby Wealth Management, LLC 0.02% of their portfolio Seattle, WA 207,957208.0k $438.8k $438.8k 0.02% Reduced -815 -815
62 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 193,259193.3k $407.8k $407.8k 0.02% New
63 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 190,097190.1k $401.1k $401.1k 0.00% Reduced -3.6k -3,645
64 SIGNATUREFD, LLC 0.01% of their portfolio ATLANTA, GA 181,191181.2k $382.3k $382.3k 0.01% Reduced -2.6k -2,603
65 Mariner, LLC 0.00% of their portfolio Overland Park, KS 162,015162.0k $341.9k $341.9k 0.00% Added +65.9k +65,902
66 Gitterman Wealth Management, LLC 0.08% of their portfolio Edison, NJ 161,340161.3k $340.4k $340.4k 0.08% Added +13.6k +13,619
67 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 151,532151.5k $319.7k $319.7k 0.00% Reduced -398.3k -398,345
68 QRG CAPITAL MANAGEMENT, INC. 0.00% of their portfolio BERWYN, PA 151,467151.5k $319.6k $319.6k 0.00% Reduced -38.7k -38,700
69 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 147,832147.8k $309.7k $309.7k 0.00% New
70 VPR Management LLC 0.14% of their portfolio HOUSTON, TX 147,547147.5k $311.3k $311.3k 0.14% Unchanged
71 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 140,688140.7k $296.9k $296.9k 0.00% Added +4.6k +4,556
72 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 140,091140.1k $295.6k $295.6k 0.00% Reduced -9.7k -9,719
73 Metis Global Partners, LLC 0.01% of their portfolio San Diego, CA 137,662137.7k $290.5k $290.5k 0.01% Added +34.1k +34,145
74 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 134,725134.7k $284.3k $284.3k 0.00% Reduced -53.5k -53,550
75 Welch & Forbes LLC 0.00% of their portfolio Boston, MA 125,628125.6k $265.1k $265.1k 0.00% Unchanged
76 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 119,500119.5k $252.1k $252.1k 0.00% New
77 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 104,075104.1k $219.6k $219.6k 0.00% Reduced -7.3k -7,324
78 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 101,112101.1k $213.3k $213.3k 0.00% Reduced -2.7k -2,703
79 Raiffeisen Bank International AG 0.00% of their portfolio VIENNA, C4 98,71398.7k $208.3k $208.3k 0.00% Unchanged
80 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 96,68996.7k $204.0k $204.0k 0.00% Added +51.0k +50,996
81 First Affirmative Financial Network 0.09% of their portfolio COLORADO SPRINGS, CO 92,25892.3k $194.7k $194.7k 0.09% Added +4.7k +4,723
82 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 88,06988.1k $185.8k $185.8k 0.00% Added +16.8k +16,758
83 Virtus Investment Advisers, LLC 0.05% of their portfolio HARTFORD, CT 83,40983.4k $176.0k $176.0k 0.05% Reduced -5.9k -5,945
84 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 82,05582.1k $173.1k $173.1k 0.00% Reduced -3.1k -3,100
85 Precision Wealth Strategies, LLC 0.05% of their portfolio SAINT LOUIS, MO 78,78078.8k $166.2k $166.2k 0.05% Unchanged
86 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 69,96570.0k $147.0k $147.0k 0.00% New
87 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 67,65367.7k $142.7k $142.7k 0.00% Added +9.3k +9,336
88 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 67,15467.2k $141.7k $141.7k 0.00% Added +675 +675
89 Pure Financial Advisors, LLC 0.00% of their portfolio SAN DIEGO, CA 66,18566.2k $139.7k $139.7k 0.00% Unchanged
90 Abundance Wealth Counselors 0.02% of their portfolio STATE COLLEGE, PA 61,98462.0k $130.8k $130.8k 0.02% Reduced -825 -825
91 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 58,95059.0k $124.4k $124.4k 0.00% New
92 Prime Capital Investment Advisors, LLC 0.00% of their portfolio OVERLAND PARK, KS 58,32458.3k $123.1k $123.1k 0.00% Added +6.3k +6,335
93 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 56,28656.3k $118.8k $118.8k 0.00% Reduced -147 -147
94 Ethic Inc. 0.00% of their portfolio NEW YORK, NY 54,10654.1k $114.2k $114.2k 0.00% Reduced -1.8k -1,763
95 DGS Capital Management, LLC 0.02% of their portfolio JERSEY CITY, NJ 53,41653.4k $112.7k $112.7k 0.02% Added +4.0k +3,964
96 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 53,30953.3k $112.5k $112.5k 0.00% Reduced -7.7k -7,705
97 Brevan Howard Capital Management LP 0.00% of their portfolio ST. HELIER, Y9 52,01752.0k $109.8k $109.8k 0.00% New
98 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 50,06550.1k $105.6k $105.6k 0.00% Reduced -15.0k -15,005
99 Banco BTG Pactual S.A. 0.02% of their portfolio RIO DE JANEIRO, D5 49,60049.6k $104.7k $104.7k 0.02% Reduced -10.4k -10,400
100 R Squared Ltd 0.04% of their portfolio HONG KONG, K3 49,26249.3k $103.9k $103.9k 0.04% Added +33.2k +33,222