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992 hedge funds and large institutions have $24.6B invested in Cummins in 2017 Q4 according to their latest regulatory filings, with 161 funds opening new positions, 374 increasing their positions, 310 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

152% more first-time investments, than exits

New positions opened: 161 | Existing positions closed: 64

21% more repeat investments, than reductions

Existing positions increased: 374 | Existing positions reduced: 310

10% more funds holding

Funds holding: 905992 (+87)

5% more capital invested

Capital invested by funds: $23.4B → $24.6B (+$1.24B)

1.13% more ownership

Funds ownership: 83.04%84.17% (+1.1%)

25% less funds holding in top 10

Funds holding in top 10: 2015 (-5)

49% less call options, than puts

Call options by funds: $328M | Put options by funds: $648M

Holders
992
Holders Change
+87
Holders Change %
+9.61%
% of All Funds
22.5%
Holding in Top 10
15
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-25%
% of All Funds
0.34%
New
161
Increased
374
Reduced
310
Closed
64
Calls
$328M
Puts
$648M
Net Calls
-$320M
Net Calls Change
-$130M
Name Holding Trade Value Shares
Change
Change in
Stake
AAMU
26
Amundi Asset Management US
Massachusetts
$210M +$203M +1,189,560 New
UBS AM
27
UBS AM
Illinois
$210M +$105M +613,102 +107%
Two Sigma Advisers
28
Two Sigma Advisers
New York
$209M +$67.9M +397,247 +51%
JIM
29
Jupiter Investment Management
United Kingdom
$209M +$43.7M +255,730 +28%
Prudential Financial
30
Prudential Financial
New Jersey
$204M +$66.2M +387,230 +50%
Nordea Investment Management
31
Nordea Investment Management
Sweden
$200M -$9.8M -57,316 -5%
AQR Capital Management
32
AQR Capital Management
Connecticut
$195M -$15.1M -88,291 -7%
Bank of America
33
Bank of America
North Carolina
$184M -$2.53M -14,807 -1%
AL
34
AJO LP
Pennsylvania
$174M -$11.2M -65,763 -6%
Charles Schwab
35
Charles Schwab
California
$167M +$20.5M +120,106 +15%
Legal & General Group
36
Legal & General Group
United Kingdom
$164M -$3.88M -22,694 -2%
LSV Asset Management
37
LSV Asset Management
Illinois
$163M -$6.12M -35,800 -4%
UBS Group
38
UBS Group
Switzerland
$162M +$69.7M +407,783 +80%
Los Angeles Capital Management
39
Los Angeles Capital Management
California
$152M +$72.2M +422,411 +96%
Principal Financial Group
40
Principal Financial Group
Iowa
$147M -$27.9M -163,353 -16%
Royal Bank of Canada
41
Royal Bank of Canada
Ontario, Canada
$141M +$24.7M +144,684 +22%
Dimensional Fund Advisors
42
Dimensional Fund Advisors
Texas
$133M -$5.47M -31,991 -4%
Schroder Investment Management Group
43
Schroder Investment Management Group
United Kingdom
$132M -$41.3M -241,506 -24%
Wellington Management Group
44
Wellington Management Group
Massachusetts
$132M +$2.58M +15,067 +2%
PNC Financial Services Group
45
PNC Financial Services Group
Pennsylvania
$125M -$5.45M -31,868 -4%
Invesco
46
Invesco
Georgia
$123M +$17.7M +103,216 +17%
CI
47
Cincinnati Insurance
Ohio
$118M
Citadel Advisors
48
Citadel Advisors
Florida
$113M +$93.7M +548,036 +594%
Arrowstreet Capital
49
Arrowstreet Capital
Massachusetts
$113M +$80.1M +468,200 +273%
Deutsche Bank
50
Deutsche Bank
Germany
$110M +$22.9M +134,035 +27%

CMI Hedge Fund Activity: Q4 2017 in Review

992 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q4 2017, worth a combined $24.6B — up 5.3% from $23.4B a quarter earlier.

Buyers outnumbered sellers: 161 funds opened new CMI positions and 64 closed out — a net gain of 97 holders — while 374 added to existing stakes and 310 trimmed.

The largest buyer was Amundi Asset Management US, opening a new position worth an estimated $203M. The largest seller was American International Group, cutting an estimated $577M.

  • 992 institutional investors held Cummins (CMI) as of Q4 2017, up from 905 in Q3 2017.
  • Funds reported $24.6B of Cummins stock for Q4 2017, up 5.3% quarter-over-quarter.
  • 161 funds opened new Cummins positions in Q4 2017 and 64 closed out, a net change of +97 holders.
  • The largest Cummins buyer in Q4 2017 was Amundi Asset Management US, an estimated $203M added.
  • The largest Cummins seller in Q4 2017 was American International Group, an estimated $577M sold.

Based on aggregated 13F filings for Q4 2017.