CEMIG Preferred Shares (CIG)

• Market cap: $5.41B
• 1 day: 2.72%
• 5 days: 0.53%
• 1 month: -8.70%
• 3 months: -6.90%
• 6 months: 3.28%
• Year to date: 8.00%
• 1 year: 6.18%
• 5 years: 13.17%
• 10 years: -22.86%

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: 4,937

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

843% more call options, than puts

Call options by funds: $66K | Put options by funds: $7K

56% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 16

11% more capital invested

Capital invested by funds: $297M [Q2] → $328M (+$31.4M) [Q3]

5% more funds holding

Funds holding: 171 [Q2] → 180 (+9) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

0.39% less ownership

Funds ownership: 8.84% [Q2] → 8.45% (-0.39%) [Q3]

10% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 63