CIG · Energy Co Of Minas Gerais · Holdings
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Institutional Ownership Trend
Holder Concentration
Across 29 13F filers · Δ vs Jun 30, 2026Who Holds CIG
Last 8 quarters through Sep 30, 2026 (filing window open)Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.
Jun 30, 2026, the newest closed quarter: 205 filers, like-for-like change +5.2%; actively managed books -1.9%; index-like books +12.9%.
| Holder type | Share | Filers | Change |
|---|---|---|---|
| Registered adviser | 34.3% | 105 | +4.9% |
| Exempt adviser | 1.1% | 1 | -46.9% |
| Adviser | 1.5% | 6 | +22.5% |
| Bank | 14.5% | 15 | -0.8% |
| Insurer | 0.1% | 1 | -11.4% |
| Broker-dealer | 0.0% | 2 | -14.3% |
| Benefit plan | 0.3% | 1 | 0.0% |
| Non-US | 0.0% | 2 | -4.8% |
| Holding company | 27.7% | 6 | +20.4% |
| Unknown | 20.4% | 66 | -2.8% |
| Style | Share | Filers | Change |
|---|---|---|---|
| Index-like | 51.4% | 21 | +12.9% |
| Systematic-like | 3.1% | 15 | -40.8% |
| Concentrated | 3.3% | 34 | +46.0% |
| Diversified active | 42.2% | 135 | +0.4% |
| Not measured | 0.0% | 0 | — |
| Unknown | 0.0% | 0 | — |
| Turnover | Share | Filers | Change |
|---|---|---|---|
| Low turnover | 58.9% | 123 | +9.1% |
| Medium turnover | 17.7% | 37 | -18.0% |
| High turnover | 7.5% | 25 | -26.2% |
| Unknown | 15.9% | 20 | +73.0% |
| Not measured | 0.0% | 0 | — |
| Holding horizon | Share | Filers | Change |
|---|---|---|---|
| Short horizon | 17.8% | 22 | +55.5% |
| Medium horizon | 19.5% | 36 | +8.0% |
| Long horizon | 59.5% | 131 | -2.9% |
| Unknown | 3.1% | 16 | -24.6% |
| Not measured | 0.0% | 0 | — |
| 13F book size | Share | Filers | Change |
|---|---|---|---|
| Under $1B | 9.9% | 40 | +186.1% |
| $1B to $10B | 8.9% | 60 | +8.7% |
| $10B to $100B | 14.9% | 53 | -28.4% |
| $100B or more | 66.3% | 52 | +5.7% |
| Not measured | 0.0% | 0 | — |
| Client base | Share | Filers | Change |
|---|---|---|---|
| Individuals and high net worth | 12.0% | 61 | +107.1% |
| Pooled investment vehicles | 7.9% | 15 | -33.9% |
| Registered funds and BDCs | 9.2% | 10 | -1.6% |
| Pension and profit sharing plans | 0.0% | 1 | +17.2% |
| Governments and sovereign funds | 1.8% | 5 | +15.2% |
| Other investment advisers | 0.3% | 6 | -12.3% |
| Other | 0.3% | 1 | 0.0% |
| Diversified | 2.8% | 6 | -17.5% |
| Unknown | 65.7% | 100 | +5.3% |
| Private funds | Share | Filers | Change |
|---|---|---|---|
| Hedge funds | 11.1% | 19 | -25.6% |
| Private equity funds | 0.7% | 6 | +11.2% |
| Real estate funds | 0.1% | 3 | +8.4% |
| Securitized asset funds | 0.0% | 1 | 0.0% |
| Other private funds | 1.8% | 12 | -42.1% |
| Mixed private funds | 0.3% | 1 | -58.0% |
| Private funds, type not stated | 0.3% | 3 | -12.1% |
| No private funds | 21.1% | 61 | +41.7% |
| Venture capital funds | 0.0% | 0 | — |
| Unknown | 64.6% | 99 | +7.1% |
| Location | Share | Filers | Change |
|---|---|---|---|
| United States | 90.4% | 172 | +10.6% |
| Outside the US | 9.6% | 33 | -29.1% |
The Sep 30, 2026 filing window is still open, so its bar shows only the filers that have filed so far.
How the mix is measured
Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.
Excluded 4 holders with no observed 2026-03-31 13F and 5 holders with no observed 2026-06-30 13F.
Conviction and Crowding
205 13F filers, quarter ended Jun 30, 2026Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.
Managers in the top fifth by current three-year FundScore alpha were net buyers of $299,631 (1 buying, 0 selling).
Estimated Holder Cost Basis
Quarter ended Jun 30, 2026, on that quarter's share basisEstimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.
Estimated cost covers 18.1% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.
Shared Holders
Companies CIG's active holders also own, quarter ended Jun 30, 2026| # | Company | Shared holders |
|---|---|---|
| 1 | UGP Ultrapar Holdings Inc | 3 |
| 2 | GGB Gerdau S.A. | 3 |
| 3 | BBD Bank Bradesco | 4 |
| 4 | SUZ Suzano S.A. | 3 |
| 5 | ITUB Itau Unibanco Holding S.A. | 4 |
| 6 | XP XP Inc. | 3 |
| 7 | SBS Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp | 3 |
| 8 | PBR Petrobras - Petroleo Brasileiro SA | 5 |
| 9 | ABEV Ambev S.A. | 3 |
| 10 | VALE Vale S.A. | 4 |
Shareholder Targets
13F filers that own its peers but not CIG, quarter ended Jun 30, 2026Found through its holder-overlap peers: UGP, GGB, BBD, SUZ, ITUB, XP, SBS, PBR, ABEV, VALE, ING, PRU, KHC, UL, ENB, NVS, F, ASML, BMY, PFE. 4,536 filers in all.
| # | Filer | In peers | Largest peers |
|---|---|---|---|
| 1 | Fisher Asset Management, LLC Adviser, Diversified active | $17,116,642,830 17 held | ASML, PFE, NVS |
| 2 | GEODE CAPITAL MANAGEMENT, LLC Registered adviser, Index-like | $11,735,034,635 14 held | PFE, BMY, F |
| 3 | Capital World Investors Adviser, Diversified active | $11,286,244,285 10 held | ASML, VALE, PFE |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC Registered adviser, Diversified active | $10,904,097,932 9 held | PFE, BMY, F |
| 5 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC Registered adviser, Diversified active | $8,172,124,977 11 held | BMY, F, PFE |
| 6 | Berkshire Hathaway Inc Insurer, Concentrated | $7,691,494,401 1 held | KHC |
| 7 | GQG Partners LLC Registered adviser, Diversified active | $7,625,760,310 9 held | PBR, ENB, ABEV |
| 8 | PRICE T ROWE ASSOCIATES INC /MD/ Registered adviser, Diversified active | $7,445,377,447 14 held | ASML, BMY, UL |
| 9 | STATE FARM MUTUAL AUTOMOBILE INSURANCE CO Insurer, Diversified active | $7,170,971,289 3 held | ASML, PFE, UL |
| 10 | Capital International Investors Adviser, Diversified active | $6,043,664,180 5 held | ASML, PBR, BMY |
Fund Ownership of CIG by Fund Type
Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026Index funds and index ETFs hold 21,086,077 shares.
| Fund type | Shares |
|---|---|
| Index funds | 88,221 |
| Index ETFs | 20,997,856 |
| Active ETFs | 872,821 |
| Active funds | 1,037,049 |
| Unclassified | 7,307,925 |
| All registered funds | 30,303,872 |
How fund types are measured
Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.
Quarterly Activity
New and Sold Out count only filers that reported a 13F for both quarters: a first-time filer's book is not a buy, and a fund that has not filed, or withheld its positions under confidential treatment, has not sold.
Top Buyers
vs Jun 30, 2026| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Small Investment Research Partners LLC | +97,942 | 302,274 | |
| Mid Avidian Wealth Enterprises, LLC | +77,495 | 147,461 | |
| Large Farther Finance Advisors, LLC | +34,788 | 490,891 | |
| Micro Avail Investment Partners, LLC | +32,907 | 73,897 | |
| Mid Prime Capital Investment Advisors, LLC | +12,548 | 68,633 |
Top Sellers
vs Jun 30, 2026| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Mid Crossmark Global Holdings, Inc. | −225,395 | 3,802,585 | |
| Mid Blue Trust, Inc. | −23,437 | 29,830 | |
| Mid Atria Investments, Inc | −18,122 | 336,260 | |
| Mid QUADRANT CAPITAL GROUP LLC | −14,817 | 289,546 | |
| Small MW ADVISORY, LLC | −1,551 | 14,585 |
Top New Positions
vs Jun 30, 2026| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Small Tuttle Capital Management, LLC | 20,393 | $42,825 | |
| Micro IFC & Insurance Marketing, Inc. | 18,000 | $37,800 | |
| Large WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 13,053 | $27,411 | |
| Large MATHER GROUP, LLC. | 6,311 | $13,253 | |
| Mid Root Financial Partners, LLC | 33 | $69 |
Top Sold-Out Positions
vs Jun 30, 2026| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Small FNY Investment Advisers, LLC | 10,000 | $21,000 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Small TSP Capital Management Group, LLC Registered adviser CIG | $19,159,457 | 52.14% | 9,123,551 | Shares | 2026-10-15 | |
| Mid Crossmark Global Holdings, Inc. CIG | $7,985,428 | 21.73% | 3,802,585 | Shares | 2026-10-21 | |
| Large Robeco Institutional Asset Management B.V. CIG | $3,900,752 | 10.62% | 1,857,501 | Shares | 2026-10-20 | |
| Mid Generali Investments CEE, investicni spolecnost, a.s. CIG | $1,064,792 | 2.90% | 507,044 | Shares | 2026-10-15 | |
| Large Farther Finance Advisors, LLC Registered adviser CIG | $1,030,871 | 2.81% | 490,891 | Shares | 2026-10-08 | |
| Mid Atria Investments, Inc Registered adviser CIG | $706,146 | 1.92% | 336,260 | Shares | 2026-10-15 | |
| Small Investment Research Partners LLC CIG | $634,775 | 1.73% | 302,274 | Shares | 2026-10-19 | |
| Mid QUADRANT CAPITAL GROUP LLC CIG | $608,046 | 1.65% | 289,546 | Shares | 2026-10-20 | |
| Small First Affirmative Financial Network Registered adviser CIG | $374,852 | 1.02% | 178,501 | Shares | 2026-10-21 | |
| Mid Avidian Wealth Enterprises, LLC Registered adviser CIG | $309,668 | 0.84% | 147,461 | Shares | 2026-10-08 | |
| Small Plan A Wealth LLC Registered adviser CIG | $277,756 | 0.76% | 132,265 | Shares | 2026-10-08 | |
| Micro Avail Investment Partners, LLC CIG | $155,183 | 0.42% | 73,897 | Shares | 2026-10-16 | |
| Mid Prime Capital Investment Advisors, LLC CIG | $144,129 | 0.39% | 68,633 | Shares | 2026-10-20 | |
| Mid Blue Trust, Inc. CIG | $62,642 | 0.17% | 29,830 | Shares | 2026-10-15 | |
| Small Triumph Capital Management Registered adviser CIG | $45,024 | 0.12% | 21,440 | Shares | 2026-10-14 | |
| Small Tuttle Capital Management, LLC Registered adviser CIG | $42,825 | 0.12% | 20,393 | Shares | 2026-10-21 | |
| Mid GAMMA Investing LLC Registered adviser CIG | $39,740 | 0.11% | 18,924 | Shares | 2026-10-08 | |
| Mid PFG Advisors Registered adviser CIG | $38,409 | 0.10% | 18,290 | Shares | 2026-10-16 | |
| Micro IFC & Insurance Marketing, Inc. CIG | $37,800 | 0.10% | 18,000 | Shares | 2026-10-16 | |
| Small MW ADVISORY, LLC Registered adviser CIG | $30,628 | 0.08% | 14,585 | Shares | 2026-10-19 | |
| Large WEALTH ENHANCEMENT ADVISORY SERVICES, LLC CIG | $27,411 | 0.07% | 13,053 | Shares | 2026-10-13 | |
| Small Traveka Wealth, LLC CIG | $26,722 | 0.07% | 12,725 | Shares | 2026-10-19 | |
| Small Hilltop National Bank CIG | $16,800 | 0.05% | 8,000 | Shares | 2026-10-14 | |
| Large MATHER GROUP, LLC. Registered adviser CIG | $13,253 | 0.04% | 6,311 | Shares | 2026-10-14 | |
| Large NISA INVESTMENT ADVISORS, LLC Registered adviser CIG | $7,751 | 0.02% | 3,691 | Shares | 2026-10-20 | |
| Large ASSETMARK, INC Registered adviser CIG | $2,753 | 0.01% | 1,311 | Shares | 2026-10-21 | |
| Small True Wealth Design, LLC Registered adviser CIG | $273 | 0.00% | 130 | Shares | 2026-10-13 | |
| Mid Versant Capital Management, Inc Registered adviser CIG | $243 | 0.00% | 116 | Shares | 2026-10-02 | |
| Mid Root Financial Partners, LLC Registered adviser CIG | $69 | 0.00% | 33 | Shares | 2026-10-21 |