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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
WT
701
Whittier Trust
California
$215K
SSWM
702
Smith Salley Wealth Management
North Carolina
$212K
WIS
703
Wright Investors Service
Connecticut
$211K -$69.6K -460 -25%
GAM
704
Gould Asset Management
California
$210K
PSI
705
Pinnacle Summer Investments
Virginia
$210K +$176K +1,161 +496%
NFG
706
Next Financial Group
Texas
$209K +$224K +1,478 New
BT
707
Bankers Trust
Iowa
$206K +$202K +1,335 New
KTC
708
Kistler-Tiffany Companies
Pennsylvania
$203K
GVT
709
Genesee Valley Trust
New York
$202K -$117K -772 -37%
IMS
710
Index Management Solutions
Pennsylvania
$202K +$98.3K +650 +99%
EVM
711
Eaton Vance Management
Massachusetts
$202K +$197K +1,303 New
Fuller & Thaler Asset Management
712
Fuller & Thaler Asset Management
California
$201K
MCWS
713
McKinley Carter Wealth Services
West Virginia
$201K +$197K +1,300 New
SCM
714
Shelton Capital Management
Colorado
$201K +$197K +1,302 New
SIM
715
SSI Investment Management
California
$200K +$197K +1,300 New
GIS
716
Guardian Investor Services
New York
$199K -$7.87K -52 -4%
ARMT
717
Amica Retiree Medical Trust
Rhode Island
$197K
CBT
718
Central Bank & Trust
Kentucky
$183K
KT
719
Kanaly Trust
Texas
$177K +$9.08K +60 +6%
FQ
720
First Quadrant
California
$173K
FI
721
FCM Investments
Texas
$170K
WG
722
Welch Group
Alabama
$170K
KPCM
723
Kings Point Capital Management
New York
$154K
GLI
724
Guardian Life Insurance
New York
$152K
FCCM
725
First City Capital Management
Georgia
$152K

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.