CEMIG Ordinary Shares (CIG.C)

Market Cap: $7.27B

About: Cia Energetica DE Minas Gerais - Cemig Formerly Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across most Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. The company generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.

Employees: 4,917

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

1,200% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 1

20% more funds holding

Funds holding: 15 [Q1] → 18 (+3) [Q2]

1% more capital invested

Capital invested by funds: $1.11M [Q1] → $1.13M (+$16.5K) [Q2]

0.01% more ownership

Funds ownership: 0.05% [Q1] → 0.06% (+0.01%) [Q2]