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803 hedge funds and large institutions have $23.9B invested in Cummins in 2014 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 265 increasing their positions, 332 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 35

14% more funds holding in top 10

Funds holding in top 10: 2124 (+3)

7% more capital invested

Capital invested by funds: $22.3B → $23.9B (+$1.53B)

3.66% more ownership

Funds ownership: 80.5%84.16% (+3.7%)

3% more funds holding

Funds holding: 777803 (+26)

9% less call options, than puts

Call options by funds: $264M | Put options by funds: $291M

20% less repeat investments, than reductions

Existing positions increased: 265 | Existing positions reduced: 332

Holders
803
Holders Change
+26
Holders Change %
+3.35%
% of All Funds
23.07%
Holding in Top 10
24
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+14.29%
% of All Funds
0.69%
New
67
Increased
265
Reduced
332
Closed
35
Calls
$264M
Puts
$291M
Net Calls
-$27M
Net Calls Change
+$61.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BPCE
676
Bank Pictet & Cie (Europe)
Germany
$255K +$250K +1,650 New
FBFS
677
First Business Financial Services
Wisconsin
$254K -$6.5K -43 -3%
WP
678
WMS Partners
Maryland
$251K
WS
679
Wedbush Securities
California
$248K -$5.45K -36 -2%
TC
680
TradeLink Capital
Illinois
$248K +$244K +1,615 New
CPS
681
Counsel Portfolio Services
Ontario, Canada
$247K -$106K -700 -30%
BHC
682
Bowen Hanes & Co
Florida
$247K
CA
683
CapWealth Advisors
Tennessee
$243K -$35.1K -232 -13%
BFA
684
Beaumont Financial Advisors
Massachusetts
$239K
LWM
685
Lenox Wealth Management
Ohio
$238K -$158K -1,043 -40%
CM
686
Castleark Management
Illinois
$231K
PIM
687
Parasol Investment Management
Illinois
$231K
MFS
688
MSI Financial Services
Massachusetts
$227K -$1.06K -7 -0.5%
BRWA
689
B. Riley Wealth Advisors
Florida
$226K +$226K +1,495 +99%
FHA
690
First Horizon Advisors
Tennessee
$226K -$136K -900 -38%
ST
691
Smithfield Trust
Pennsylvania
$225K -$2.12K -14 -0.9%
QT
692
Quantbot Technologies
New York
$223K -$93K -615 -30%
ASN
693
Advisory Services Network
Georgia
$221K -$12.9K -85 -6%
DMC
694
Drexel Morgan & Co
Pennsylvania
$220K +$216K +1,425 New
DCLA
695
Douglas C. Lane & Associates
New York
$220K +$216K +1,427 New
HT
696
HighTower Trust
Texas
$218K
RWM
697
RKL Wealth Management
Pennsylvania
$218K
HTC
698
Haverford Trust Company
Pennsylvania
$216K
SCA
699
STALEY CAPITAL ADVISERS
Pennsylvania
$216K
WAM
700
Wallington Asset Management
Indiana
$216K

CMI Hedge Fund Activity: Q2 2014 in Review

803 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q2 2014, worth a combined $23.9B — up 6.9% from $22.3B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new CMI positions and 35 closed out — a net gain of 32 holders — while 265 added to existing stakes and 332 trimmed.

The largest buyer was Norges Bank, adding an estimated $639M. The largest seller was Harris Associates, cutting an estimated $267M.

  • 803 institutional investors held Cummins (CMI) as of Q2 2014, up from 777 in Q1 2014.
  • Funds reported $23.9B of Cummins stock for Q2 2014, up 6.9% quarter-over-quarter.
  • 67 funds opened new Cummins positions in Q2 2014 and 35 closed out, a net change of +32 holders.
  • The largest Cummins buyer in Q2 2014 was Norges Bank, an estimated $639M added.
  • The largest Cummins seller in Q2 2014 was Harris Associates, an estimated $267M sold.

Based on aggregated 13F filings for Q2 2014.