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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
CA
376
Cetera Advisors
Colorado
$1.84M -$106K -711 -5%
MWM
377
Marietta Wealth Management
Georgia
$1.82M +$383K +2,557 +23%
CB
378
Community Bank
New York
$1.82M +$241K +1,610 +13%
Baird Financial Group
379
Baird Financial Group
Wisconsin
$1.81M +$513K +3,425 +34%
ACS
380
Archford Capital Strategies
Illinois
$1.8M -$127K -850 -6%
JIR
381
James Investment Research
Ohio
$1.8M +$2.02M +13,520 New
OI
382
Oakbrook Investments
Illinois
$1.8M +$956K +6,387 +90%
CGH
383
Crossmark Global Holdings
Texas
$1.79M -$35.5K -237 -2%
Pacer Advisors
384
Pacer Advisors
Pennsylvania
$1.78M +$749K +5,006 +60%
AS
385
Altshuler Shaham
Israel
$1.76M +$337K +2,250 +21%
WAM
386
Wolverine Asset Management
Illinois
$1.75M +$1.12M +7,501 +132%
SFM
387
Systematic Financial Management
New Jersey
$1.74M -$4.04M -27,013 -67%
LOAMS
388
Lombard Odier Asset Management (Switzerland)
Switzerland
$1.7M +$390K +2,603 +25%
VCM
389
Violich Capital Management
California
$1.7M +$1.24M +8,295 +185%
BIAS
390
Beacon Investment Advisory Services
New Jersey
$1.7M -$4.37M -29,227 -70%
PFS
391
Prospera Financial Services
Texas
$1.68M +$1.39M +9,255 +271%
OSNBOA
392
Old Second National Bank of Aurora
Illinois
$1.67M +$113K +754 +6%
FA
393
FMA Advisory
Pennsylvania
$1.67M +$20.2K +135 +1%
SAM
394
Shell Asset Management
Netherlands
$1.62M +$176K +1,178 +11%
OIM
395
Opus Investment Management
Massachusetts
$1.62M
HCM
396
Horan Capital Management
Maryland
$1.62M +$11.4K +76 +0.6%
SIMM
397
Stillwater Investment Management (Minnesota)
Minnesota
$1.6M -$19.3K -129 -1%
MLL
398
Moody Lynn & Lieberson
Massachusetts
$1.59M -$39.1K -261 -2%
SFI
399
Susquehanna Fundamental Investments
Pennsylvania
$1.57M +$1.77M +11,800 New
RIM
400
Redpoint Investment Management
Australia
$1.56M

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.