Cummins
940 hedge funds and large institutions have $19.2B invested in Cummins in 2018 Q3 according to their latest regulatory filings, with 105 funds opening new positions, 349 increasing their positions, 344 reducing their positions, and 82 closing their positions.
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
28% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 82
8% more capital invested
Capital invested by funds: $17.8B → $19.2B (+$1.4B)
1% more funds holding
Funds holding: 927 → 940 (+13)
1% more repeat investments, than reductions
Existing positions increased: 349 | Existing positions reduced: 344
0.73% less ownership
Funds ownership: 81.2% → 80.47% (-0.73%)
19% less call options, than puts
Call options by funds: $221M | Put options by funds: $275M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$202M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$82.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$78.6M |
| 4 |
Parnassus Investments
San Francisco,
California
|
+$70.4M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$67.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$170M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$150M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$122M |
| 4 |
Renaissance Technologies
New York
|
-$104M |
| 5 |
Millennium Management
New York
|
-$82.1M |
CMI Hedge Fund Activity: Q3 2018 in Review
940 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q3 2018, worth a combined $19.2B — up 7.9% from $17.8B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new CMI positions and 82 closed out — a net gain of 23 holders — while 349 added to existing stakes and 344 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $202M. The largest seller was Capital World Investors, cutting an estimated $170M.
- 940 institutional investors held Cummins (CMI) as of Q3 2018, up from 927 in Q2 2018.
- Funds reported $19.2B of Cummins stock for Q3 2018, up 7.9% quarter-over-quarter.
- 105 funds opened new Cummins positions in Q3 2018 and 82 closed out, a net change of +23 holders.
- The largest Cummins buyer in Q3 2018 was LSV Asset Management, an estimated $202M added.
- The largest Cummins seller in Q3 2018 was Capital World Investors, an estimated $170M sold.
Based on aggregated 13F filings for Q3 2018.