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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
PI
476
PineBridge Investments
New York
$694K -$175K -1,420 -18%
Twin Tree Management
477
Twin Tree Management
Texas
$688K -$166K -1,344 -18%
DVM
478
Dreman Value Management
Florida
$684K +$183K +1,484 +31%
PGIM
479
Pacific Global Investment Management
California
$678K -$258K -2,086 -25%
NAM
480
North American Management
Massachusetts
$678K -$5.8K -47 -0.7%
NMIMC
481
Northwestern Mutual Investment Management Company
Wisconsin
$674K -$1.85K -15 -0.2%
BSB
482
Bangor Savings Bank
Maine
$674K +$2.84K +23 +0.4%
CC
483
Cannell & Co
New York
$673K +$482K +3,900 +170%
QAM
484
Quantres Asset Management
Cayman Islands
$673K +$766K +6,200 New
PLFAM
485
Pineno Levin & Ford Asset Management
Virginia
$661K +$54.3K +440 +8%
NIT
486
NumerixS Investment Technologies
British Columbia, Canada
$651K -$309K -2,500 -29%
SNBOSD
487
Security National Bank of So Dak
Iowa
$650K +$739K +5,983 New
MFS
488
MSI Financial Services
Massachusetts
$641K +$93.7K +759 +15%
AL
489
Agran Libbie
California
$638K +$149K +1,210 +26%
SFU
490
Stonehage Fleming (UK)
United Kingdom
$630K
CIM
491
CIM Investment Management
Pennsylvania
$619K
CAN
492
Cetera Advisor Networks
California
$619K +$19.5K +158 +3%
CIBC World Market
493
CIBC World Market
Ontario, Canada
$614K -$57.7K -467 -8%
KRSITF
494
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$603K +$10K +81 +1%
NAP
495
New Amsterdam Partners
New York
$599K +$681K +5,516 New
CT
496
Coastline Trust
Rhode Island
$592K -$122K -985 -15%
TAM
497
Tocqueville Asset Management
New York
$591K -$2.33M -18,884 -78%
GS
498
GAM Systematic
United Kingdom
$575K -$1.53M -12,374 -70%
Toronto Dominion Bank
499
Toronto Dominion Bank
Ontario, Canada
$574K +$82K +664 +14%
AHC
500
Anderson Hoagland & Co
Missouri
$570K

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.