Cummins
992 hedge funds and large institutions have $24.6B invested in Cummins in 2017 Q4 according to their latest regulatory filings, with 161 funds opening new positions, 374 increasing their positions, 310 reducing their positions, and 64 closing their positions.
152% more first-time investments, than exits
New positions opened: 161 | Existing positions closed: 64
21% more repeat investments, than reductions
Existing positions increased: 374 | Existing positions reduced: 310
10% more funds holding
Funds holding: 905 → 992 (+87)
5% more capital invested
Capital invested by funds: $23.4B → $24.6B (+$1.24B)
1.13% more ownership
Funds ownership: 83.04% → 84.17% (+1.1%)
25% less funds holding in top 10
Funds holding in top 10: 20 → 15 (-5)
49% less call options, than puts
Call options by funds: $328M | Put options by funds: $648M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$203M |
| 2 |
BlackRock
New York
|
+$154M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$140M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$105M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$103M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$577M |
| 2 |
Credit Agricole
Montrouge Cedex,
France
|
-$197M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$129M |
| 4 |
Harris Associates
Chicago,
Illinois
|
-$101M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$99.3M |
CMI Hedge Fund Activity: Q4 2017 in Review
992 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q4 2017, worth a combined $24.6B — up 5.3% from $23.4B a quarter earlier.
Buyers outnumbered sellers: 161 funds opened new CMI positions and 64 closed out — a net gain of 97 holders — while 374 added to existing stakes and 310 trimmed.
The largest buyer was Amundi Asset Management US, opening a new position worth an estimated $203M. The largest seller was American International Group, cutting an estimated $577M.
- 992 institutional investors held Cummins (CMI) as of Q4 2017, up from 905 in Q3 2017.
- Funds reported $24.6B of Cummins stock for Q4 2017, up 5.3% quarter-over-quarter.
- 161 funds opened new Cummins positions in Q4 2017 and 64 closed out, a net change of +97 holders.
- The largest Cummins buyer in Q4 2017 was Amundi Asset Management US, an estimated $203M added.
- The largest Cummins seller in Q4 2017 was American International Group, an estimated $577M sold.
Based on aggregated 13F filings for Q4 2017.