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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
LCS
526
Levin Capital Strategies
New York
$450K
SFWA
527
Summit Financial Wealth Advisors
Louisiana
$445K -$31.8K -329 -8%
LNWWM
528
Laird Norton Wetherby Wealth Management
California
$444K +$390K +4,034 New
CCMINC
529
Cardinal Capital Management Inc (North Carolina)
North Carolina
$438K
AI
530
Atria Investments
North Carolina
$436K +$384K +3,968 New
AIM
531
Anchor Investment Management
South Carolina
$435K +$383K +3,960 New
RWA
532
River Wealth Advisors
Pennsylvania
$435K -$34.8K -360 -8%
CC
533
ClearArc Capital
Ohio
$434K -$7.64K -79 -2%
BAM
534
Burnham Asset Management
New York
$433K -$7.25K -75 -2%
FCI
535
Financial Counselors Inc
Kansas
$429K -$26.2K -271 -6%
PWMAG
536
Pinnacle Wealth Management Advisory Group
New Jersey
$426K +$73K +755 +24%
CA
537
Cambridge Advisors
Nebraska
$418K +$48.8K +505 +15%
MHI
538
Miller Howard Investments
New York
$416K -$34.4K -356 -9%
MIS
539
Morningstar Investment Services
Illinois
$415K +$139K +1,433 +61%
ATC
540
Adirondack Trust Company
New York
$414K -$2.9K -30 -0.8%
NPC
541
National Planning Corporation
California
$407K -$110K -1,142 -24%
RBC
542
Ronald Blue & Co
Georgia
$407K +$10.1K +104 +3%
MSV
543
MN Services Vermogensbeheer
Netherlands
$406K +$407K +4,206 New
MWM
544
Mission Wealth Management
California
$404K
AT
545
Arden Trust
Delaware
$403K -$187K -1,930 -34%
AIP
546
Ameritas Investment Partners
Nebraska
$401K
BWM
547
BerganKDV Wealth Management
Minnesota
$397K +$349K +3,613 New
CI
548
Constellation Investments
Ohio
$396K
TSW
549
Thompson Siegel & Walmsley
Virginia
$389K -$298K -3,079 -47%
JT
550
Jump Trading
Illinois
$383K +$337K +3,484 New

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.