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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
CAC
701
Certified Advisory Corp
Florida
$253K +$11.8K +79 +4%
DCM
702
Dynamic Capital Management
Jersey
$253K +$284K +1,900 New
CAM
703
Columbia Asset Management
Michigan
$251K -$22.5K -150 -7%
GIA
704
Guyasuta Investment Advisors
Pennsylvania
$249K -$135K -901 -32%
WAM
705
Wealthspire Advisors (Maryland)
Maryland
$249K -$15.3K -102 -5%
HEIP
706
Hudson Edge Investment Partners
New Jersey
$249K +$5.39K +36 +2%
HTC
707
Haverford Trust Company
Pennsylvania
$248K -$124K -830 -31%
EA
708
Edge Advisors
Georgia
$248K +$449 +3 +0.2%
IUHSA
709
Itau Unibanco Holding S.A.
Brazil
$246K -$400K -2,670 -59%
PTC
710
Private Trust Company
Ohio
$245K +$52.7K +352 +24%
FMB
711
Field & Main Bank
Kentucky
$243K -$3.74K -25 -1%
TSW
712
Thompson Siegel & Walmsley
Virginia
$243K
P
713
Pitcairn
Pennsylvania
$243K +$5.39K +36 +2%
NFG
714
Next Financial Group
Texas
$241K -$62.6K -418 -19%
BRF
715
B. Riley Financial
California
$241K
SM
716
Sciencast Management
New Jersey
$240K +$261K +1,743 New
CAPTRUST Financial Advisors
717
CAPTRUST Financial Advisors
North Carolina
$239K +$17.5K +117 +7%
CHA
718
Cedar Hill Associates
Illinois
$238K
MFAM
719
Motley Fool Asset Management
Virginia
$238K +$47K +314 +21%
LSA
720
L & S Advisors
California
$237K -$539K -3,602 -67%
LOAME
721
Lombard Odier Asset Management (Europe)
United Kingdom
$237K
FWM
722
Frontier Wealth Management
Missouri
$237K +$12.7K +85 +5%
BO
723
Bach Option
Hong Kong
$237K +$267K +1,784 New
CRC
724
Curi RMB Capital
Illinois
$236K -$1.35K -9 -0.5%
BAS
725
Brown Advisory Securities
Maryland
$234K -$11.8K -79 -4%

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.