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803 hedge funds and large institutions have $23.9B invested in Cummins in 2014 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 265 increasing their positions, 332 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 35

14% more funds holding in top 10

Funds holding in top 10: 2124 (+3)

7% more capital invested

Capital invested by funds: $22.3B → $23.9B (+$1.53B)

3.66% more ownership

Funds ownership: 80.5%84.16% (+3.7%)

3% more funds holding

Funds holding: 777803 (+26)

9% less call options, than puts

Call options by funds: $264M | Put options by funds: $291M

20% less repeat investments, than reductions

Existing positions increased: 265 | Existing positions reduced: 332

Holders
803
Holders Change
+26
Holders Change %
+3.35%
% of All Funds
23.07%
Holding in Top 10
24
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+14.29%
% of All Funds
0.69%
New
67
Increased
265
Reduced
332
Closed
35
Calls
$264M
Puts
$291M
Net Calls
-$27M
Net Calls Change
+$61.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
501
Envestnet Asset Management
Illinois
$1.03M -$20K -132 -2%
ACP
502
Aviance Capital Partners
Florida
$1.03M +$624K +4,125 +163%
MCM
503
Murphy Capital Management
New Jersey
$1M -$53K -350 -5%
JFGIW
504
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$993K -$168K -1,108 -15%
CI
505
Conning Inc
Connecticut
$991K -$46.9K -310 -5%
QBFM
506
QS Batterymarch Financial Management
New York
$990K -$797K -5,266 -45%
NB
507
Norinchukin Bank
Japan
$985K -$121K -802 -11%
HFS
508
HL Financial Services
Kentucky
$982K -$60.5K -400 -6%
B
509
BancorpSouth
Mississippi
$979K
QI
510
QS Investors
New York
$975K +$371K +2,450 +63%
SC
511
Scotia Capital
Ontario, Canada
$964K -$605 -4 -0.1%
KRSITF
512
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$929K +$5.45K +36 +0.6%
NJBEST
513
New Jersey Better Educational Savings Trust
New Jersey
$926K
MFW
514
Meristem Family Wealth
Minnesota
$925K
PIM
515
Penobscot Investment Management
Massachusetts
$919K +$60.5K +400 +7%
BSB
516
Bangor Savings Bank
Maine
$914K +$897K +5,927 New
MERSOM
517
Municipal Employees' Retirement System of Michigan
Michigan
$910K
DCM
518
Dynamic Capital Management
Jersey
$899K +$881K +5,824 New
BA
519
Birinyi Associates
Connecticut
$895K +$454K +3,000 +107%
BTNA
520
Bremer Trust National Association
Minnesota
$889K +$134K +889 +18%
YP
521
Yellowstone Partners
Idaho
$887K -$454 -3 -0.1%
V
522
Veritable
Delaware
$875K -$29K -192 -3%
SYBT
523
Stock Yards Bank & Trust
Kentucky
$869K -$287K -1,900 -25%
WPP
524
Whalerock Point Partners
Rhode Island
$866K +$7.56K +50 +0.9%
AWP
525
Ascent Wealth Partners
New York
$852K +$4.54K +30 +0.5%

CMI Hedge Fund Activity: Q2 2014 in Review

803 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q2 2014, worth a combined $23.9B — up 6.9% from $22.3B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new CMI positions and 35 closed out — a net gain of 32 holders — while 265 added to existing stakes and 332 trimmed.

The largest buyer was Norges Bank, adding an estimated $639M. The largest seller was Harris Associates, cutting an estimated $267M.

  • 803 institutional investors held Cummins (CMI) as of Q2 2014, up from 777 in Q1 2014.
  • Funds reported $23.9B of Cummins stock for Q2 2014, up 6.9% quarter-over-quarter.
  • 67 funds opened new Cummins positions in Q2 2014 and 35 closed out, a net change of +32 holders.
  • The largest Cummins buyer in Q2 2014 was Norges Bank, an estimated $639M added.
  • The largest Cummins seller in Q2 2014 was Harris Associates, an estimated $267M sold.

Based on aggregated 13F filings for Q2 2014.