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905 hedge funds and large institutions have $23.4B invested in Cummins in 2017 Q3 according to their latest regulatory filings, with 96 funds opening new positions, 316 increasing their positions, 328 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more first-time investments, than exits

New positions opened: 96 | Existing positions closed: 59

5% more capital invested

Capital invested by funds: $22.2B → $23.4B (+$1.13B)

3% more funds holding

Funds holding: 879905 (+26)

1.37% more ownership

Funds ownership: 81.67%83.04% (+1.4%)

0% more funds holding in top 10

Funds holding in top 10: 2020 (0)

4% less repeat investments, than reductions

Existing positions increased: 316 | Existing positions reduced: 328

46% less call options, than puts

Call options by funds: $226M | Put options by funds: $416M

Holders
905
Holders Change
+26
Holders Change %
+2.96%
% of All Funds
22.56%
Holding in Top 10
20
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.5%
New
96
Increased
316
Reduced
328
Closed
59
Calls
$226M
Puts
$416M
Net Calls
-$190M
Net Calls Change
+$213M
Name Holding Trade Value Shares
Change
Change in
Stake
Credit Agricole
26
Credit Agricole
France
$197M +$7.32M +45,256 +4%
Wells Fargo
27
Wells Fargo
California
$193M +$2.1M +12,953 +1%
Bank of America
28
Bank of America
North Carolina
$178M +$30.9M +190,827 +22%
AL
29
AJO LP
Pennsylvania
$177M -$15.8M -97,444 -8%
Morgan Stanley
30
Morgan Stanley
New York
$169M +$43.5M +268,511 +36%
Principal Financial Group
31
Principal Financial Group
Iowa
$167M +$4.34M +26,792 +3%
Schroder Investment Management Group
32
Schroder Investment Management Group
United Kingdom
$167M -$59.3M -366,674 -27%
LSV Asset Management
33
LSV Asset Management
Illinois
$161M -$298K -1,843 -0.2%
Legal & General Group
34
Legal & General Group
United Kingdom
$159M +$2.29M +14,161 +2%
PI
35
Putnam Investments
Massachusetts
$158M +$32.9M +203,380 +28%
JIM
36
Jupiter Investment Management
United Kingdom
$156M +$101M +621,292 +204%
TCIM
37
TIAA CREF Investment Management
New York
$155M +$15.3M +94,482 +11%
JP Morgan Chase
38
JP Morgan Chase
New York
$150M +$32.8M +202,546 +29%
Janus Henderson Group
39
Janus Henderson Group
United Kingdom
$139M +$6.77M +41,857 +5%
Charles Schwab
40
Charles Schwab
California
$139M +$4.28M +26,462 +3%
Two Sigma Advisers
41
Two Sigma Advisers
New York
$132M +$54.5M +336,653 +75%
Dimensional Fund Advisors
42
Dimensional Fund Advisors
Texas
$131M -$35.9K -222 -0%
Prudential Financial
43
Prudential Financial
New Jersey
$129M +$38M +235,092 +44%
PNC Financial Services Group
44
PNC Financial Services Group
Pennsylvania
$125M +$14M +86,778 +13%
Wellington Management Group
45
Wellington Management Group
Massachusetts
$123M +$17M +104,746 +17%
CI
46
Cincinnati Insurance
Ohio
$112M
Royal Bank of Canada
47
Royal Bank of Canada
Ontario, Canada
$110M +$27.5M +170,084 +35%
PPA
48
Parametric Portfolio Associates
Washington
$102M +$2.78M +17,200 +3%
TA
49
Teachers Advisors
New York
$102M -$10.4M -64,387 -10%
Invesco
50
Invesco
Georgia
$99.2M +$1.99M +12,269 +2%

CMI Hedge Fund Activity: Q3 2017 in Review

905 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q3 2017, worth a combined $23.4B — up 5.1% from $22.2B a quarter earlier.

Buyers outnumbered sellers: 96 funds opened new CMI positions and 59 closed out — a net gain of 37 holders — while 316 added to existing stakes and 328 trimmed.

The largest buyer was Boston Partners, opening a new position worth an estimated $401M. The largest seller was T. Rowe Price Associates, cutting an estimated $310M.

  • 905 institutional investors held Cummins (CMI) as of Q3 2017, up from 879 in Q2 2017.
  • Funds reported $23.4B of Cummins stock for Q3 2017, up 5.1% quarter-over-quarter.
  • 96 funds opened new Cummins positions in Q3 2017 and 59 closed out, a net change of +37 holders.
  • The largest Cummins buyer in Q3 2017 was Boston Partners, an estimated $401M added.
  • The largest Cummins seller in Q3 2017 was T. Rowe Price Associates, an estimated $310M sold.

Based on aggregated 13F filings for Q3 2017.