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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
Sumitomo Mitsui Trust Group
51
Sumitomo Mitsui Trust Group
Japan
$75.7M +$4.9M +32,413 +7%
VNIM
52
Vaughan Nelson Investment Management
Texas
$74M -$7.13M -47,150 -9%
AllianceBernstein
53
AllianceBernstein
Tennessee
$70.2M -$1.61M -10,610 -2%
Lord, Abbett & Co
54
Lord, Abbett & Co
New Jersey
$69.6M -$2.33M -15,408 -3%
TA
55
Teachers Advisors
New York
$68M +$21M +139,086 +46%
BIM
56
BlackRock Investment Management
Delaware
$66.7M +$4.6M +30,432 +8%
JHIU
57
Janus Henderson Investors US
Colorado
$65.2M -$625K -4,129 -1%
Victory Capital Management
58
Victory Capital Management
Texas
$64.9M +$5.89M +38,911 +10%
RIM
59
Rainier Investment Management
Washington
$64.3M +$63M +416,649 New
BlackRock
60
BlackRock
New York
$63.8M +$2.11M +13,979 +3%
U
61
UBS
Switzerland
$63.3M -$3M -19,829 -5%
JP Morgan Chase
62
JP Morgan Chase
New York
$61.6M +$13.4M +88,508 +28%
CS
63
Credit Suisse
Switzerland
$61.5M +$4.54M +30,024 +8%
Charles Schwab
64
Charles Schwab
California
$59.8M +$1.75M +11,538 +3%
PPA
65
Parametric Portfolio Associates
Washington
$59.2M -$1.14M -7,539 -2%
Credit Agricole
66
Credit Agricole
France
$58.3M +$10.5M +69,508 +23%
Bessemer Group
67
Bessemer Group
New Jersey
$58.3M +$429K +2,833 +0.8%
RhumbLine Advisers
68
RhumbLine Advisers
Massachusetts
$57M -$717K -4,738 -1%
Mitsubishi UFJ Trust & Banking
69
Mitsubishi UFJ Trust & Banking
Japan
$57M -$5.24M -34,642 -9%
Neuberger Berman Group
70
Neuberger Berman Group
New York
$56.7M -$10.2M -67,636 -16%
NFA
71
Nationwide Fund Advisors
Ohio
$56.6M -$2.5M -16,501 -4%
LWCFA
72
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$55.1M +$111K +735 +0.2%
TAM
73
Taylor Asset Management
Ontario, Canada
$54.3M -$13.9M -92,050 -21%
RIM
74
RS Investment Management
California
$53.9M -$2.58M -17,075 -5%
California State Teachers Retirement System (CalSTRS)
75
California State Teachers Retirement System (CalSTRS)
California
$53.6M +$318K +2,100 +0.6%

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.