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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
LMGAM
401
Liberty Mutual Group Asset Management
Massachusetts
$857K -$483K -4,838 -33%
MPAM
402
Murphy Pohlad Asset Management
Minnesota
$846K +$175K +1,755 +22%
FMBTD
403
First Midwest Bank Trust Division
Illinois
$841K -$301K -3,015 -24%
TIA
404
Trust Investment Advisors
Indiana
$836K -$205K -2,050 -18%
AHC
405
Adell Harriman & Carpenter
Texas
$831K -$870K -8,710 -48%
BF
406
BOK Financial
Oklahoma
$825K +$85.8K +859 +10%
BOH
407
Bank of Hawaii
Hawaii
$811K -$464K -4,641 -33%
PFS
408
Physicians Financial Services
North Carolina
$807K +$916K +9,168 New
IPC
409
Independent Portfolio Consultants
Florida
$804K -$427K -4,275 -32%
Capstone Investment Advisors
410
Capstone Investment Advisors
New York
$799K +$548K +5,489 +152%
CCM
411
Canal Capital Management
Virginia
$796K +$70.7K +708 +8%
CCM
412
Copeland Capital Management
Pennsylvania
$794K +$95.4K +955 +12%
RA
413
Royce & Associates
New York
$792K +$649K +6,500 +260%
Victory Capital Management
414
Victory Capital Management
Texas
$790K +$237K +2,373 +36%
MYLI
415
Meiji Yasuda Life Insurance
Japan
$783K
ASN
416
Advisory Services Network
Georgia
$777K -$233K -2,330 -21%
SNBOSCI
417
Security National Bank of Sioux City Iowa
Iowa
$771K -$33K -330 -4%
CCM
418
CrestPoint Capital Management
Missouri
$748K +$59.9K +600 +8%
ECM
419
Element Capital Management
New York
$748K +$849K +8,496 New
FP
420
FDO Partners
Massachusetts
$747K +$848K +8,485 New
BCAM
421
Boston Common Asset Management
Massachusetts
$745K -$2.29M -22,945 -73%
APFBOT
422
Amica Pension Fund Board of Trustees
Rhode Island
$743K
PCM
423
Parsons Capital Management
Rhode Island
$740K -$2.6K -26 -0.3%
Grantham, Mayo, Van Otterloo & Co (GMO)
424
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$739K -$140K -1,400 -14%
Mackenzie Financial
425
Mackenzie Financial
Ontario, Canada
$728K +$89.9K +900 +12%

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.