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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
DC
351
Davenport & Co
Virginia
$1.15M -$19.8M -198,512 -94%
FAAS
352
First Allied Advisory Services
California
$1.14M +$464K +4,642 +56%
FCCM
353
First City Capital Management
Georgia
$1.14M +$506K +5,062 +65%
TG
354
TCW Group
California
$1.13M
NI
355
Numeric Investors
Massachusetts
$1.13M +$1.28M +12,800 New
LIM
356
Loudon Investment Management
New Hampshire
$1.12M +$1.27M +12,675 New
TCM
357
Texan Capital Management
Texas
$1.1M -$6.99K -70 -0.6%
FG
358
Fiduciary Group
Georgia
$1.1M +$305K +3,057 +32%
SBIA
359
Sheaff Brock Investment Advisors
Indiana
$1.1M +$1.25M +12,488 New
KRS
360
Kentucky Retirement Systems
Kentucky
$1.1M +$107K +1,076 +9%
SMDAM
361
Sumitomo Mitsui DS Asset Management
Japan
$1.09M -$159K -1,594 -11%
SIM
362
Sentry Investment Management
Wisconsin
$1.09M +$215K +2,152 +21%
MA
363
MUFG Americas
New York
$1.07M -$57.1K -572 -4%
QIM
364
Quest Investment Management
Oregon
$1.07M +$1.22M +12,210 New
FIM
365
Freedom Investment Management
Connecticut
$1.07M +$400 +4 +0%
DL
366
Delta Lloyd
Netherlands
$1.07M
BFEC
367
Benjamin F. Edwards & Company
Missouri
$1.06M -$528K -5,284 -30%
GHA
368
GW Henssler & Associates
Georgia
$1.05M -$1.23M -12,298 -51%
FNT
369
First National Trust
Pennsylvania
$1.05M +$75.2K +753 +7%
CC
370
Cipher Capital
New York
$1.04M +$1.19M +11,864 New
SAM
371
Silvercrest Asset Management
New York
$1.03M +$1.17M +11,666 New
B
372
Barings
North Carolina
$1.02M
MFS
373
MSI Financial Services
Massachusetts
$1.02M +$570K +5,710 +97%
RAM
374
Redmond Asset Management
Virginia
$1.02M -$54.8K -549 -5%
MPA
375
Marvin & Palmer Associates
Delaware
$1.01M -$946K -9,475 -45%

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.