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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
Koshinski Asset Management
626
Koshinski Asset Management
Illinois
$401K -$94.7K -633 -17%
DWM
627
Dakota Wealth Management
Florida
$400K +$450K +3,007 New
ACM
628
Alethea Capital Management
Washington
$399K
TMC
629
Trellus Management Company
Florida
$399K +$449K +3,000 New
PCMC
630
Paragon Capital Management (Colorado)
Colorado
$395K +$159K +1,062 +56%
IRF
631
IBM Retirement Fund
New York
$390K -$78.6K -525 -15%
KRSITF
632
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$388K -$97K -648 -18%
TIA
633
Tiemann Investment Advisors
California
$388K +$599 +4 +0.1%
FA
634
FDx Advisors
Illinois
$383K -$570K -3,807 -57%
BHC
635
Bowen Hanes & Co
Florida
$382K -$21.1M -141,085 -98%
IAA
636
Independent Advisor Alliance
North Carolina
$382K -$239K -1,599 -35%
AWP
637
Ascent Wealth Partners
New York
$379K -$15K -100 -3%
TWI
638
Thomas White International
Illinois
$378K
W
639
Wealthfront
California
$377K -$126K -844 -23%
WT
640
Whittier Trust
California
$377K -$11.7K -78 -3%
PIM
641
Penobscot Investment Management
Massachusetts
$377K
BCM
642
BlueCrest Capital Management
Jersey
$369K -$2.95M -19,722 -88%
CAN
643
Claraphi Advisory Network
United States
$367K +$12.6K +84 +3%
RWA
644
River Wealth Advisors
Pennsylvania
$363K -$20.1K -134 -5%
EI
645
EDMP Inc
Florida
$362K -$38.9K -260 -9%
WCM
646
Whitener Capital Management
North Carolina
$362K
TC
647
Telemus Capital
Michigan
$361K -$9.43K -63 -2%
KTC
648
Kistler-Tiffany Companies
Pennsylvania
$358K -$13.8K -92 -3%
MCM
649
Mengis Capital Management
Oregon
$352K -$15K -100 -4%
WKWM
650
Walter & Keenan Wealth Management
Indiana
$351K -$68.9K -460 -15%

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.