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773 hedge funds and large institutions have $15.9B invested in Cummins in 2016 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 290 increasing their positions, 283 reducing their positions, and 81 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,300% more funds holding in top 10

Funds holding in top 10: 114 (+13)

38% more first-time investments, than exits

New positions opened: 112 | Existing positions closed: 81

25% more capital invested

Capital invested by funds: $12.7B → $15.9B (+$3.22B)

11% more call options, than puts

Call options by funds: $356M | Put options by funds: $320M

7.38% more ownership

Funds ownership: 81.2%88.59% (+7.4%)

3% more funds holding

Funds holding: 752773 (+21)

2% more repeat investments, than reductions

Existing positions increased: 290 | Existing positions reduced: 283

Holders
773
Holders Change
+21
Holders Change %
+2.79%
% of All Funds
20.6%
Holding in Top 10
14
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+1,300%
% of All Funds
0.37%
New
112
Increased
290
Reduced
283
Closed
81
Calls
$356M
Puts
$320M
Net Calls
+$36.4M
Net Calls Change
+$163M
Name Holding Trade Value Shares
Change
Change in
Stake
SNBOSD
476
Security National Bank of So Dak
Iowa
$674K +$310K +3,210 +110%
MFW
477
Meristem Family Wealth
Minnesota
$658K
AIA
478
Allegis Investment Advisors
Idaho
$653K +$69.4K +718 +14%
AIM
479
Advantage Investment Management
Iowa
$647K +$56.8K +587 +11%
CT
480
Coastline Trust
Rhode Island
$643K +$51.7K +535 +10%
UCFA
481
United Capital Financial Advisors
Texas
$636K -$14.4K -149 -3%
NAM
482
North American Management
Massachusetts
$624K -$99.9K -1,033 -15%
PWAP
483
Private Wealth Advisors (Pennsylvania)
Pennsylvania
$616K +$193 +2 +0%
OMCS
484
Old Mutual Customised Solutions
South Africa
$605K +$184K +1,900 +53%
BFEC
485
Benjamin F. Edwards & Company
Missouri
$598K -$640K -6,623 -55%
CWM
486
Concert Wealth Management
California
$595K -$13.7K -142 -3%
CC
487
Cadinha & Co
Hawaii
$593K -$32.7K -338 -6%
BC
488
Brinker Capital
Pennsylvania
$593K +$522K +5,394 New
IC
489
Intersect Capital
California
$583K -$221K -2,285 -30%
AHC
490
Anderson Hoagland & Co
Missouri
$577K
SAM
491
Sentinel Asset Management
Vermont
$572K +$242K +2,500 +93%
BCM
492
BlueCrest Capital Management
Jersey
$572K +$503K +5,206 New
CIM
493
CIM Investment Management
Pennsylvania
$564K -$55.3K -572 -10%
CHC
494
City Holding Co
West Virginia
$559K -$7.74K -80 -2%
LNC
495
Lincoln National Corp
Pennsylvania
$555K +$63.2K +654 +15%
FIM
496
Freedom Investment Management
Connecticut
$551K -$693K -7,169 -59%
FBC
497
Fairfield, Bush & Co
Connecticut
$550K -$271K -2,800 -36%
GL
498
Globe Life
Texas
$549K +$483K +5,000 New
TMAM
499
Tokio Marine Asset Management
Japan
$543K +$32.7K +338 +7%
CG
500
Cutler Group
California
$540K +$233K +2,406 +96%

CMI Hedge Fund Activity: Q1 2016 in Review

773 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q1 2016, worth a combined $15.9B — up 25% from $12.7B a quarter earlier.

Buyers outnumbered sellers: 112 funds opened new CMI positions and 81 closed out — a net gain of 31 holders — while 290 added to existing stakes and 283 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $460M. The largest seller was Credit Suisse, cutting an estimated $152M.

  • 773 institutional investors held Cummins (CMI) as of Q1 2016, up from 752 in Q4 2015.
  • Funds reported $15.9B of Cummins stock for Q1 2016, up 25% quarter-over-quarter.
  • 112 funds opened new Cummins positions in Q1 2016 and 81 closed out, a net change of +31 holders.
  • The largest Cummins buyer in Q1 2016 was Royal London Asset Management, an estimated $460M added.
  • The largest Cummins seller in Q1 2016 was Credit Suisse, an estimated $152M sold.

Based on aggregated 13F filings for Q1 2016.