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927 hedge funds and large institutions have $17.8B invested in Cummins in 2018 Q2 according to their latest regulatory filings, with 86 funds opening new positions, 330 increasing their positions, 352 reducing their positions, and 122 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% less repeat investments, than reductions

Existing positions increased: 330 | Existing positions reduced: 352

1.25% less ownership

Funds ownership: 82.45%81.2% (-1.3%)

5% less funds holding

Funds holding: 971927 (-44)

19% less capital invested

Capital invested by funds: $22B → $17.8B (-$4.21B)

25% less call options, than puts

Call options by funds: $211M | Put options by funds: $280M

30% less first-time investments, than exits

New positions opened: 86 | Existing positions closed: 122

86% less funds holding in top 10

Funds holding in top 10: 71 (-6)

Holders
927
Holders Change
-44
Holders Change %
-4.53%
% of All Funds
21.22%
Holding in Top 10
1
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-85.71%
% of All Funds
0.02%
New
86
Increased
330
Reduced
352
Closed
122
Calls
$211M
Puts
$280M
Net Calls
-$69M
Net Calls Change
+$154M
Name Holding Trade Value Shares
Change
Change in
Stake
FMT
501
First Mercantile Trust
Tennessee
$829K +$714K +4,770 +327%
LMGAM
502
Liberty Mutual Group Asset Management
Massachusetts
$823K -$13.3K -89 -1%
JIM
503
Jupiter Investment Management
United Kingdom
$814K -$60.2M -402,309 -99%
GCP
504
GSA Capital Partners
United Kingdom
$812K +$914K +6,106 New
NG
505
NatWest Group
United Kingdom
$810K -$27.7K -185 -3%
SSB
506
Sandy Spring Bank
Maryland
$807K -$36.2K -242 -4%
DTL
507
Dynamic Technology Lab
Singapore
$805K +$906K +6,051 New
PWMAG
508
Pinnacle Wealth Management Advisory Group
New Jersey
$803K +$107K +715 +13%
VFA
509
Valeo Financial Advisors
Indiana
$797K +$52.7K +352 +7%
SWP
510
Stratos Wealth Partners
Ohio
$796K -$14.8K -99 -2%
VCA
511
Verdence Capital Advisors
Maryland
$790K +$220K +1,470 +33%
CC
512
Cannell & Co
New York
$789K -$4.49K -30 -0.5%
ADMI
513
Albert D. Mason Inc
Massachusetts
$789K +$15.7K +105 +2%
RCA
514
Rowland Carmichael Advisors
Arizona
$788K -$32.2K -215 -4%
LIA
515
LS Investment Advisors
Michigan
$781K +$1.05K +7 +0.1%
CCC
516
Chelsea Counsel Company
California
$780K -$230K -1,535 -21%
SNBOSCI
517
Security National Bank of Sioux City Iowa
Iowa
$776K +$8.68K +58 +1%
ZIG
518
Zurich Insurance Group
Switzerland
$771K -$4.96M -33,158 -85%
ABC
519
Associated Banc-Corp
Wisconsin
$764K +$49.5K +331 +6%
MYAM
520
Meiji Yasuda Asset Management
Japan
$762K +$4.49K +30 +0.5%
JIC
521
Johnson Investment Counsel
Ohio
$757K +$8.08K +54 +1%
SSA
522
Schonfeld Strategic Advisors
New York
$755K +$849K +5,674 New
MFW
523
Meristem Family Wealth
Minnesota
$753K +$29.2K +195 +4%
BWM
524
BerganKDV Wealth Management
Minnesota
$751K +$92.5K +618 +12%
MYIA
525
Mount Yale Investment Advisors
Colorado
$747K +$155K +1,035 +23%

CMI Hedge Fund Activity: Q2 2018 in Review

927 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q2 2018, worth a combined $17.8B — down 19% from $22B a quarter earlier.

Sellers outnumbered buyers: 122 funds closed out of CMI and 86 opened new positions — a net loss of 36 holders — while 352 trimmed existing stakes and 330 added.

The largest buyer was Boston Partners, adding an estimated $230M. The largest seller was Ninety One (UK), exiting entirely with an estimated $150M sold.

  • 927 institutional investors held Cummins (CMI) as of Q2 2018, down from 971 in Q1 2018.
  • Funds reported $17.8B of Cummins stock for Q2 2018, down 19% quarter-over-quarter.
  • 86 funds opened new Cummins positions in Q2 2018 and 122 closed out, a net change of -36 holders.
  • The largest Cummins buyer in Q2 2018 was Boston Partners, an estimated $230M added.
  • The largest Cummins seller in Q2 2018 was Ninety One (UK), an estimated $150M sold.

Based on aggregated 13F filings for Q2 2018.