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927 hedge funds and large institutions have $17.8B invested in Cummins in 2018 Q2 according to their latest regulatory filings, with 86 funds opening new positions, 330 increasing their positions, 352 reducing their positions, and 122 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% less repeat investments, than reductions

Existing positions increased: 330 | Existing positions reduced: 352

1.25% less ownership

Funds ownership: 82.45%81.2% (-1.3%)

5% less funds holding

Funds holding: 971927 (-44)

19% less capital invested

Capital invested by funds: $22B → $17.8B (-$4.21B)

25% less call options, than puts

Call options by funds: $211M | Put options by funds: $280M

30% less first-time investments, than exits

New positions opened: 86 | Existing positions closed: 122

86% less funds holding in top 10

Funds holding in top 10: 71 (-6)

Holders
927
Holders Change
-44
Holders Change %
-4.53%
% of All Funds
21.22%
Holding in Top 10
1
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-85.71%
% of All Funds
0.02%
New
86
Increased
330
Reduced
352
Closed
122
Calls
$211M
Puts
$280M
Net Calls
-$69M
Net Calls Change
+$154M
Name Holding Trade Value Shares
Change
Change in
Stake
KeyBank National Association
251
KeyBank National Association
Ohio
$4.15M +$235K +1,572 +5%
IHL
252
Investment House LLC
California
$4.09M -$38.8K -259 -0.8%
FMC
253
First Merchants Corp
Indiana
$3.98M +$411K +2,749 +10%
NMIMC
254
Northwestern Mutual Investment Management Company
Wisconsin
$3.94M +$197K +1,313 +5%
RA
255
Royce & Associates
New York
$3.92M +$823K +5,500 +23%
LGC
256
Laurel Grove Capital
California
$3.91M +$789K +5,273 +22%
AAM
257
Advisors Asset Management
Colorado
$3.88M -$996K -6,655 -19%
JC
258
Jacobs & Co
California
$3.8M +$326K +2,175 +8%
TCM
259
Twin Capital Management
Pennsylvania
$3.78M +$910K +6,082 +27%
URS
260
Utah Retirement Systems
Utah
$3.76M -$135K -900 -3%
Public Employees Retirement Association of Colorado
261
Public Employees Retirement Association of Colorado
Colorado
$3.71M -$41.5K -277 -1%
MAM
262
Martingale Asset Management
Massachusetts
$3.68M +$974K +6,507 +31%
Verition Fund Management
263
Verition Fund Management
Connecticut
$3.67M +$4.13M +27,581 New
B
264
Barings
North Carolina
$3.61M -$2.72M -18,185 -40%
DILIC
265
Dai-ichi Life Insurance Company
Japan
$3.58M -$572K -3,822 -12%
AG
266
Advisor Group
Arizona
$3.55M -$465K -3,104 -10%
Creative Planning
267
Creative Planning
Kansas
$3.5M -$852K -5,694 -18%
MLICM
268
Metropolitan Life Insurance Company (MetLife)
New York
$3.49M -$56K -374 -1%
BCM
269
Birmingham Capital Management
Alabama
$3.45M -$63.6K -425 -2%
Massachusetts Financial Services
270
Massachusetts Financial Services
Massachusetts
$3.44M +$520K +3,474 +16%
SI
271
Stephens Inc
Arkansas
$3.43M +$710K +4,743 +23%
NEI
272
Northwest & Ethical Investments
Ontario, Canada
$3.42M -$1.63M -10,900 -30%
CIBC Private Wealth Group
273
CIBC Private Wealth Group
Georgia
$3.4M -$25.1K -168 -0.7%
DC
274
Davenport & Co
Virginia
$3.4M +$2.28M +15,220 +147%
Nomura Asset Management
275
Nomura Asset Management
Japan
$3.38M +$107K +716 +3%

CMI Hedge Fund Activity: Q2 2018 in Review

927 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q2 2018, worth a combined $17.8B — down 19% from $22B a quarter earlier.

Sellers outnumbered buyers: 122 funds closed out of CMI and 86 opened new positions — a net loss of 36 holders — while 352 trimmed existing stakes and 330 added.

The largest buyer was Boston Partners, adding an estimated $230M. The largest seller was Ninety One (UK), exiting entirely with an estimated $150M sold.

  • 927 institutional investors held Cummins (CMI) as of Q2 2018, down from 971 in Q1 2018.
  • Funds reported $17.8B of Cummins stock for Q2 2018, down 19% quarter-over-quarter.
  • 86 funds opened new Cummins positions in Q2 2018 and 122 closed out, a net change of -36 holders.
  • The largest Cummins buyer in Q2 2018 was Boston Partners, an estimated $230M added.
  • The largest Cummins seller in Q2 2018 was Ninety One (UK), an estimated $150M sold.

Based on aggregated 13F filings for Q2 2018.