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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
ACI
526
Advance Capital I
Michigan
$467K -$272K -2,200 -34%
ANBT
527
American National Bank & Trust
Texas
$464K -$2.35K -19 -0.4%
DWM
528
Dorchester Wealth Management
Quebec, Canada
$464K
AT
529
Arden Trust
Delaware
$462K +$211K +1,709 +67%
TIA
530
Tiemann Investment Advisors
California
$459K +$6.67K +54 +1%
PAM
531
Princeton Alpha Management
New Jersey
$457K -$1.06M -8,623 -67%
MCM
532
Murphy Capital Management
New Jersey
$456K -$296K -2,394 -36%
III
533
Independent Investors Inc
New York
$456K
UB
534
UMB Bank
Missouri
$454K +$51.3K +415 +11%
SBH
535
Segall Bryant & Hamill
Illinois
$453K -$161K -1,300 -24%
JWBC
536
J.W. Burns & Co
New York
$449K -$27.8K -225 -5%
GA
537
Geneva Advisors
Illinois
$448K +$297K +2,403 +139%
B
538
BancorpSouth
Mississippi
$447K -$240K -1,941 -32%
LCS
539
Levin Capital Strategies
New York
$445K
BMCMI
540
Bryn Mawr Capital Management Inc
Pennsylvania
$442K +$503K +4,071 New
FC
541
Forte Capital
New York
$440K -$24.7K -200 -5%
RBC
542
Ronald Blue & Co
Georgia
$432K -$118K -957 -19%
CCMINC
543
Cardinal Capital Management Inc (North Carolina)
North Carolina
$432K
D.E. Shaw & Co
544
D.E. Shaw & Co
New York
$431K +$491K +3,974 New
AIM
545
Ada Investment Management
New York
$430K +$490K +3,968 New
PMG
546
ProVise Management Group
Florida
$427K +$235K +1,900 +94%
BG
547
Bahl & Gaynor
Ohio
$424K -$56.6K -458 -10%
AIM
548
Acropolis Investment Management
Missouri
$424K +$120K +971 +33%
ACP
549
Aviance Capital Partners
Florida
$421K -$862K -6,981 -64%
GCC
550
Guardian Capital (Canada)
Ontario, Canada
$419K +$107K +863 +29%

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.