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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
Morgan Stanley
26
Morgan Stanley
New York
$93.2M +$11.4M +92,537 +12%
Nordea Investment Management
27
Nordea Investment Management
Sweden
$86.2M +$10.1M +82,005 +12%
VanEck Associates
28
VanEck Associates
New York
$85.5M +$1.87M +15,108 +2%
AQR Capital Management
29
AQR Capital Management
Connecticut
$83.5M +$5.41M +43,819 +6%
Legal & General Group
30
Legal & General Group
United Kingdom
$82.8M +$3.9M +31,606 +4%
Goldman Sachs
31
Goldman Sachs
New York
$75.9M -$12.4M -100,600 -13%
EARNEST Partners
32
EARNEST Partners
Georgia
$73M -$4.73M -38,277 -5%
UBS AM
33
UBS AM
Illinois
$72.6M -$108M -877,179 -57%
AAMU
34
Amundi Asset Management US
Massachusetts
$72.1M -$41.5M -336,213 -34%
PA
35
Pinnacle Associates
New York
$71.3M -$1.52M -12,333 -2%
Lord, Abbett & Co
36
Lord, Abbett & Co
New Jersey
$64.9M +$27.2M +220,100 +58%
Franklin Resources
37
Franklin Resources
California
$60.3M -$22.2M -179,396 -24%
GAM
38
Gotham Asset Management
New York
$59M +$29.7M +240,502 +79%
Sumitomo Mitsui Trust Group
39
Sumitomo Mitsui Trust Group
Japan
$58.3M +$4.1M +33,203 +7%
Swedbank
40
Swedbank
Sweden
$57.9M -$35.3M -285,831 -35%
SCP
41
Seizert Capital Partners
Michigan
$57M +$64.9M +525,258 New
WG
42
Winton Group
United Kingdom
$56.8M +$36.5M +295,435 +130%
Two Sigma Advisers
43
Two Sigma Advisers
New York
$53.6M +$46.1M +373,631 +315%
LSV Asset Management
44
LSV Asset Management
Illinois
$53.4M +$44.9M +363,630 +283%
VNIM
45
Vaughan Nelson Investment Management
Texas
$53.2M +$491K +3,975 +0.8%
New York State Common Retirement Fund
46
New York State Common Retirement Fund
New York
$52.7M +$1.37M +11,076 +2%
California Public Employees Retirement System
47
California Public Employees Retirement System
California
$52M -$2.93M -23,700 -5%
Charles Schwab
48
Charles Schwab
California
$50.8M +$1.22M +9,895 +2%
WIM
49
Waverton Investment Management
United Kingdom
$50.5M -$7.61M -61,585 -12%
Bank of Montreal
50
Bank of Montreal
Ontario, Canada
$50.4M -$1.84M -14,878 -3%

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.