CEMIG Preferred Shares (CIG)

• Market cap: $5.18B
• 1 day: 1.69%
• 5 days: -2.69%
• 1 month: 6.47%
• 3 months: -4.74%
• 6 months: -7.65%
• Year to date: 1.12%
• 1 year: -6.70%
• 5 years: 161.11%
• 10 years: -29.57%
• Sector: Utilities
• Industry: Diversified Utilities

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 power companies in Brazil, the firm operates across 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 through hydroelectric resources and, secondarily, through thermal and wind resources.

Employees: 5,028

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

69% more call options, than puts

Call options by funds: $22K | Put options by funds: $13K

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

0.16% less ownership

Funds ownership: 8.42% [Q3] → 8.27% (-0.16%) [Q4]

8% less funds holding

Funds holding: 180 [Q3] → 165 (-15) [Q4]

15% less capital invested

Capital invested by funds: $328M [Q3] → $280M (-$48M) [Q4]

28% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 65

50% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 28