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753 hedge funds and large institutions have $12.7B invested in Cummins in 2015 Q4 according to their latest regulatory filings, with 111 funds opening new positions, 231 increasing their positions, 330 reducing their positions, and 131 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.19% less ownership

Funds ownership: 82.39%81.2% (-1.2%)

4% less funds holding

Funds holding: 781753 (-28)

15% less first-time investments, than exits

New positions opened: 111 | Existing positions closed: 131

20% less capital invested

Capital invested by funds: $15.9B → $12.7B (-$3.26B)

30% less repeat investments, than reductions

Existing positions increased: 231 | Existing positions reduced: 330

42% less call options, than puts

Call options by funds: $175M | Put options by funds: $302M

80% less funds holding in top 10

Funds holding in top 10: 51 (-4)

Holders
753
Holders Change
-28
Holders Change %
-3.59%
% of All Funds
19.75%
Holding in Top 10
1
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-80%
% of All Funds
0.03%
New
111
Increased
231
Reduced
330
Closed
131
Calls
$175M
Puts
$302M
Net Calls
-$127M
Net Calls Change
-$22.5M
Name Holding Trade Value Shares
Change
Change in
Stake
AIA
276
AGF Investments America
Ontario, Canada
$1.95M -$783K -7,837 -26%
TRSOTSOK
277
Teachers Retirement System of the State of Kentucky
Kentucky
$1.94M -$89.9K -900 -4%
TCM
278
Twin Capital Management
Pennsylvania
$1.91M -$763K -7,640 -26%
JMPWA
279
JP Morgan Private Wealth Advisors
California
$1.9M +$1.19M +11,937 +124%
MSA
280
Mason Street Advisors
Wisconsin
$1.89M -$3.9K -39 -0.2%
IAS
281
IMA Advisory Services
Colorado
$1.8M +$71.9K +720 +3%
HCM
282
Horan Capital Management
Maryland
$1.78M +$2.02M +20,244 New
WSFS
283
Wilmington Savings Fund Society
Delaware
$1.77M -$8.63M -86,421 -81%
Nomura Asset Management
284
Nomura Asset Management
Japan
$1.75M -$24K -240 -1%
PGFC
285
Peapack-Gladstone Financial Corp
New Jersey
$1.75M +$303K +3,030 +18%
Cambridge Investment Research Advisors
286
Cambridge Investment Research Advisors
Iowa
$1.74M +$273K +2,732 +16%
Macquarie Group
287
Macquarie Group
Australia
$1.74M +$1.51M +15,112 +328%
O
288
OppenheimerFunds
New York
$1.73M +$1.95M +19,520 New
AF
289
Arrow Financial
New York
$1.71M +$163K +1,633 +9%
TC
290
Taylor Cottrill
New Hampshire
$1.7M +$1.93M +19,327 New
MNA
291
Manning & Napier Advisors
New York
$1.7M -$20.4K -204 -1%
CAM
292
Capstone Asset Management
Texas
$1.7M -$847K -8,476 -31%
Truist Financial
293
Truist Financial
North Carolina
$1.69M -$1.23M -12,352 -39%
BTS
294
BB&T Securities
Virginia
$1.68M -$1.58M -15,821 -45%
LTFS
295
Ladenburg Thalmann Financial Services
Florida
$1.67M -$9.79K -98 -0.5%
GG
296
Gofen & Glossberg
Illinois
$1.67M -$123K -1,228 -6%
CTC
297
Central Trust Company
Missouri
$1.67M +$520K +5,208 +38%
SGCA
298
Steel Grove Capital Advisors
Tennessee
$1.67M +$1.89M +18,917 New
WAM
299
World Asset Management
Michigan
$1.66M +$35.8K +358 +2%
William Blair & Company
300
William Blair & Company
Illinois
$1.66M +$420K +4,207 +29%

CMI Hedge Fund Activity: Q4 2015 in Review

753 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q4 2015, worth a combined $12.7B — down 20% from $15.9B a quarter earlier.

Sellers outnumbered buyers: 131 funds closed out of CMI and 111 opened new positions — a net loss of 20 holders — while 330 trimmed existing stakes and 231 added.

The largest buyer was Harris Associates, adding an estimated $418M. The largest seller was Bank of America, cutting an estimated $656M.

  • 753 institutional investors held Cummins (CMI) as of Q4 2015, down from 781 in Q3 2015.
  • Funds reported $12.7B of Cummins stock for Q4 2015, down 20% quarter-over-quarter.
  • 111 funds opened new Cummins positions in Q4 2015 and 131 closed out, a net change of -20 holders.
  • The largest Cummins buyer in Q4 2015 was Harris Associates, an estimated $418M added.
  • The largest Cummins seller in Q4 2015 was Bank of America, an estimated $656M sold.

Based on aggregated 13F filings for Q4 2015.