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781 hedge funds and large institutions have $15.9B invested in Cummins in 2015 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 314 increasing their positions, 302 reducing their positions, and 100 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.6% more ownership

Funds ownership: 80.79%82.39% (+1.6%)

4% more repeat investments, than reductions

Existing positions increased: 314 | Existing positions reduced: 302

5% less funds holding

Funds holding: 820781 (-39)

16% less capital invested

Capital invested by funds: $19.1B → $15.9B (-$3.14B)

30% less call options, than puts

Call options by funds: $244M | Put options by funds: $348M

34% less first-time investments, than exits

New positions opened: 66 | Existing positions closed: 100

58% less funds holding in top 10

Funds holding in top 10: 125 (-7)

Holders
781
Holders Change
-39
Holders Change %
-4.76%
% of All Funds
21.8%
Holding in Top 10
5
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-58.33%
% of All Funds
0.14%
New
66
Increased
314
Reduced
302
Closed
100
Calls
$244M
Puts
$348M
Net Calls
-$104M
Net Calls Change
+$29.1M
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
376
Burnham Asset Management
New York
$1.46M +$133K +1,080 +9%
EDRE
377
Edmond de Rothschild (Europe)
Luxembourg
$1.46M +$1.66M +13,419 New
IPC
378
Independent Portfolio Consultants
Florida
$1.46M -$34K -275 -2%
FSA
379
Franklin Street Advisors
North Carolina
$1.44M -$3.71K -30 -0.2%
Nomura Holdings
380
Nomura Holdings
Japan
$1.44M -$550K -4,452 -26%
JIC
381
Johnson Investment Counsel
Ohio
$1.43M -$4.94K -40 -0.3%
MMG
382
Monetary Management Group
Missouri
$1.43M -$114K -925 -7%
PWAP
383
Private Wealth Advisors (Pennsylvania)
Pennsylvania
$1.4M -$7.04K -57 -0.4%
TG
384
TCW Group
California
$1.39M -$2.89M -23,422 -65%
MA
385
MUFG Americas
New York
$1.39M -$59.5K -482 -4%
TCM
386
Texan Capital Management
Texas
$1.37M +$98.1K +794 +7%
FMBTD
387
First Midwest Bank Trust Division
Illinois
$1.37M -$147K -1,190 -9%
HIM
388
Hutchens Investment Management
New Hampshire
$1.34M -$232K -1,877 -13%
MFS
389
McNamara Financial Services
Massachusetts
$1.34M -$232K -1,877 -13%
RAM
390
Redmond Asset Management
Virginia
$1.32M +$23.1K +187 +2%
DL
391
Delta Lloyd
Netherlands
$1.32M
LSERS
392
Louisiana State Employees Retirement System
Louisiana
$1.31M -$12.4K -100 -0.8%
SSB
393
Sandy Spring Bank
Maryland
$1.31M +$9.39K +76 +0.6%
EFS
394
Essex Financial Services
Connecticut
$1.28M +$3.21K +26 +0.2%
B
395
Barings
North Carolina
$1.26M +$529K +4,280 +58%
TIA
396
Trust Investment Advisors
Indiana
$1.25M +$22.7K +184 +2%
IMOV
397
Investment Management of Virginia
Virginia
$1.25M +$24.1K +195 +2%
Mariner
398
Mariner
Kansas
$1.25M -$1.14M -9,263 -45%
WWM
399
Willingdon Wealth Management
North Carolina
$1.24M -$11.7K -95 -0.8%
KRS
400
Kentucky Retirement Systems
Kentucky
$1.24M +$10.6K +86 +0.8%

CMI Hedge Fund Activity: Q3 2015 in Review

781 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q3 2015, worth a combined $15.9B — down 16% from $19.1B a quarter earlier.

Sellers outnumbered buyers: 100 funds closed out of CMI and 66 opened new positions — a net loss of 34 holders — while 302 trimmed existing stakes and 314 added.

The largest buyer was Harris Associates, adding an estimated $597M. The largest seller was Fidelity Investments, cutting an estimated $189M.

  • 781 institutional investors held Cummins (CMI) as of Q3 2015, down from 820 in Q2 2015.
  • Funds reported $15.9B of Cummins stock for Q3 2015, down 16% quarter-over-quarter.
  • 66 funds opened new Cummins positions in Q3 2015 and 100 closed out, a net change of -34 holders.
  • The largest Cummins buyer in Q3 2015 was Harris Associates, an estimated $597M added.
  • The largest Cummins seller in Q3 2015 was Fidelity Investments, an estimated $189M sold.

Based on aggregated 13F filings for Q3 2015.