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773 hedge funds and large institutions have $15.9B invested in Cummins in 2016 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 290 increasing their positions, 283 reducing their positions, and 81 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,300% more funds holding in top 10

Funds holding in top 10: 114 (+13)

38% more first-time investments, than exits

New positions opened: 112 | Existing positions closed: 81

25% more capital invested

Capital invested by funds: $12.7B → $15.9B (+$3.22B)

11% more call options, than puts

Call options by funds: $356M | Put options by funds: $320M

7.38% more ownership

Funds ownership: 81.2%88.59% (+7.4%)

3% more funds holding

Funds holding: 752773 (+21)

2% more repeat investments, than reductions

Existing positions increased: 290 | Existing positions reduced: 283

Holders
773
Holders Change
+21
Holders Change %
+2.79%
% of All Funds
20.6%
Holding in Top 10
14
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+1,300%
% of All Funds
0.37%
New
112
Increased
290
Reduced
283
Closed
81
Calls
$356M
Puts
$320M
Net Calls
+$36.4M
Net Calls Change
+$163M
Name Holding Trade Value Shares
Change
Change in
Stake
Skandinaviska Enskilda Banken (SEB)
251
Skandinaviska Enskilda Banken (SEB)
Sweden
$2.9M -$329K -3,400 -11%
ST
252
Spot Trading
Illinois
$2.86M +$109K +1,124 +5%
Zurich Cantonal Bank
253
Zurich Cantonal Bank
Switzerland
$2.84M -$4.74K -49 -0.2%
RIA
254
RPG Investment Advisory
California
$2.81M -$113K -1,164 -4%
Fiera Capital (Canada)
255
Fiera Capital (Canada)
Quebec, Canada
$2.78M -$9.77M -101,100 -80%
NAM
256
NorthCoast Asset Management
Connecticut
$2.77M -$293K -3,027 -11%
Janney Montgomery Scott
257
Janney Montgomery Scott
Pennsylvania
$2.75M +$180K +1,857 +8%
MLIC
258
Mandatum Life Insurance Company
Finland
$2.74M
ATIA
259
American Trust Investment Advisors
New Hampshire
$2.73M +$884K +9,140 +58%
FWIA
260
Fort Washington Investment Advisors
Ohio
$2.72M
AAMU
261
Amundi Asset Management US
Massachusetts
$2.71M -$70.4M -728,254 -97%
UR
262
USCA RIA
Texas
$2.7M -$112K -1,159 -5%
CTC
263
Central Trust Company
Missouri
$2.68M +$529K +5,474 +29%
Creative Planning
264
Creative Planning
Kansas
$2.67M -$39.8K -412 -2%
JC
265
Jacobs & Co
California
$2.65M -$79.1K -818 -3%
KBC Group
266
KBC Group
Belgium
$2.63M +$96.3K +996 +4%
RIL
267
Rothschild Investment LLC
Illinois
$2.62M -$1.89M -19,502 -45%
VAM
268
Visionary Asset Management
Texas
$2.6M +$2.29M +23,692 New
FCH
269
Freestone Capital Holdings
Washington
$2.55M +$865K +8,948 +63%
DC
270
Deere & Company
Illinois
$2.52M +$1.96M +20,309 +771%
HCM
271
Horan Capital Management
Maryland
$2.52M +$257K +2,659 +13%
MIM
272
Midwest Investment Management
Ohio
$2.5M +$17.4K +180 +0.8%
IRF
273
IBM Retirement Fund
New York
$2.5M -$2.11M -21,794 -50%
Victory Capital Management
274
Victory Capital Management
Texas
$2.47M +$1.3M +13,469 +150%
CSIC
275
Clifford Swan Investment Counsel
California
$2.46M +$97 +1 +0%

CMI Hedge Fund Activity: Q1 2016 in Review

773 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q1 2016, worth a combined $15.9B — up 25% from $12.7B a quarter earlier.

Buyers outnumbered sellers: 112 funds opened new CMI positions and 81 closed out — a net gain of 31 holders — while 290 added to existing stakes and 283 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $460M. The largest seller was Credit Suisse, cutting an estimated $152M.

  • 773 institutional investors held Cummins (CMI) as of Q1 2016, up from 752 in Q4 2015.
  • Funds reported $15.9B of Cummins stock for Q1 2016, up 25% quarter-over-quarter.
  • 112 funds opened new Cummins positions in Q1 2016 and 81 closed out, a net change of +31 holders.
  • The largest Cummins buyer in Q1 2016 was Royal London Asset Management, an estimated $460M added.
  • The largest Cummins seller in Q1 2016 was Credit Suisse, an estimated $152M sold.

Based on aggregated 13F filings for Q1 2016.