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753 hedge funds and large institutions have $12.7B invested in Cummins in 2015 Q4 according to their latest regulatory filings, with 111 funds opening new positions, 231 increasing their positions, 330 reducing their positions, and 131 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.19% less ownership

Funds ownership: 82.39%81.2% (-1.2%)

4% less funds holding

Funds holding: 781753 (-28)

15% less first-time investments, than exits

New positions opened: 111 | Existing positions closed: 131

20% less capital invested

Capital invested by funds: $15.9B → $12.7B (-$3.26B)

30% less repeat investments, than reductions

Existing positions increased: 231 | Existing positions reduced: 330

42% less call options, than puts

Call options by funds: $175M | Put options by funds: $302M

80% less funds holding in top 10

Funds holding in top 10: 51 (-4)

Holders
753
Holders Change
-28
Holders Change %
-3.59%
% of All Funds
19.75%
Holding in Top 10
1
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-80%
% of All Funds
0.03%
New
111
Increased
231
Reduced
330
Closed
131
Calls
$175M
Puts
$302M
Net Calls
-$127M
Net Calls Change
-$22.5M
Name Holding Trade Value Shares
Change
Change in
Stake
MM
551
Midas Management
New York
$299K +$340K +3,400 New
LCM
552
Landscape Capital Management
New Jersey
$297K +$337K +3,369 New
CAM
553
Cypress Asset Management
Texas
$294K -$766K -7,670 -70%
PA
554
Profund Advisors
Maryland
$292K +$81.5K +816 +33%
CA
555
Cambridge Advisors
Nebraska
$290K -$16.2K -162 -5%
RJT
556
Raymond James Trust
Florida
$290K +$20.3K +203 +7%
IH
557
IFC Holdings
Florida
$285K +$7.79K +78 +2%
DWM
558
Dorchester Wealth Management
Quebec, Canada
$282K
BBA
559
BLB&B Advisors
Pennsylvania
$280K +$30K +300 +10%
NIMI
560
Natixis Investment Managers International
France
$278K +$315K +3,155 New
PWMAG
561
Pinnacle Wealth Management Advisory Group
New Jersey
$275K -$5.49K -55 -2%
Bank of Nova Scotia
562
Bank of Nova Scotia
Ontario, Canada
$271K -$3K -30 -1%
Bessemer Group
563
Bessemer Group
New Jersey
$267K -$39.4M -394,014 -99%
CL
564
Choreo LLC
Illinois
$266K -$4.79K -48 -2%
ACS
565
Archford Capital Strategies
Illinois
$264K -$1.23M -12,284 -80%
HIM
566
Hutchens Investment Management
New Hampshire
$264K -$936K -9,375 -76%
MFS
567
McNamara Financial Services
Massachusetts
$264K -$936K -9,375 -76%
FNBT
568
FineMark National Bank & Trust
Florida
$264K -$456K -4,570 -60%
ACM
569
Alethea Capital Management
Washington
$264K +$300K +3,000 New
RCAMU
570
Rothschild & Co Asset Management US
Connecticut
$261K +$296K +2,966 New
ICAS
571
Investors Capital Advisory Services
Massachusetts
$259K -$1.8K -18 -0.6%
SNBOSD
572
Security National Bank of So Dak
Iowa
$257K -$306K -3,065 -51%
AAM
573
Azzad Asset Management
Virginia
$256K +$4.39K +44 +2%
HH
574
Hilltop Holdings
Texas
$256K -$47.7K -478 -14%
KTC
575
Kistler-Tiffany Companies
Pennsylvania
$253K -$36K -360 -11%

CMI Hedge Fund Activity: Q4 2015 in Review

753 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q4 2015, worth a combined $12.7B — down 20% from $15.9B a quarter earlier.

Sellers outnumbered buyers: 131 funds closed out of CMI and 111 opened new positions — a net loss of 20 holders — while 330 trimmed existing stakes and 231 added.

The largest buyer was Harris Associates, adding an estimated $418M. The largest seller was Bank of America, cutting an estimated $656M.

  • 753 institutional investors held Cummins (CMI) as of Q4 2015, down from 781 in Q3 2015.
  • Funds reported $12.7B of Cummins stock for Q4 2015, down 20% quarter-over-quarter.
  • 111 funds opened new Cummins positions in Q4 2015 and 131 closed out, a net change of -20 holders.
  • The largest Cummins buyer in Q4 2015 was Harris Associates, an estimated $418M added.
  • The largest Cummins seller in Q4 2015 was Bank of America, an estimated $656M sold.

Based on aggregated 13F filings for Q4 2015.