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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
MCM
526
Mork Capital Management
California
$745K
CT
527
Coastline Trust
Rhode Island
$743K +$81.6K +545 +11%
RIL
528
Rothschild Investment LLC
Illinois
$741K
BA
529
Birinyi Associates
Connecticut
$732K -$217K -1,450 -21%
AMIM
530
Aull & Monroe Investment Management
Alabama
$732K -$15K -100 -2%
KIA
531
Kopp Investment Advisors
Minnesota
$729K +$4.79K +32 +0.6%
GSBTD
532
Glenview State Bank Trust Department
Illinois
$723K
SNBOSD
533
Security National Bank of So Dak
Iowa
$714K +$53.9K +360 +7%
BFEC
534
Benjamin F. Edwards & Company
Missouri
$714K +$118K +788 +17%
AF
535
Advisornet Financial
Minnesota
$702K +$66.3K +443 +9%
CAN
536
Cetera Advisor Networks
California
$696K -$70.8K -473 -8%
APA
537
American Portfolios Advisors
New York
$681K +$3.44K +23 +0.5%
AMI
538
Amica Mutual Insurance
Rhode Island
$681K
SPC
539
Sigma Planning Corp
Michigan
$670K +$135K +902 +22%
OFS
540
Orrstown Financial Services
Pennsylvania
$666K -$22K -147 -3%
FBC
541
Fairfield, Bush & Co
Connecticut
$665K
YMRC
542
Yorktown Management & Research Company
Virginia
$665K +$748K +5,000 New
VF
543
Virtu Financial
New York
$664K +$748K +4,995 New
CI
544
Cigna Investments
Connecticut
$661K -$115K -765 -13%
AIM
545
Acropolis Investment Management
Missouri
$660K -$487K -3,255 -40%
WA
546
Waverly Advisors
Alabama
$654K
PP
547
Prudential plc
United Kingdom
$652K -$15K -100 -2%
AAMA
548
Advanced Asset Management Advisors
Ohio
$652K
IEFM
549
IQ EQ Fund Management
Ireland
$652K +$734K +4,905 New
FTIOP
550
Fiduciary Trust International of Pennsylvania
Pennsylvania
$645K -$2.84K -19 -0.4%

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.