Cummins
820 hedge funds and large institutions have $19.1B invested in Cummins in 2015 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 310 increasing their positions, 319 reducing their positions, and 63 closing their positions.
29% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 63
1.56% more ownership
Funds ownership: 79.23% → 80.79% (+1.6%)
1% more funds holding
Funds holding: 813 → 820 (+7)
3% less repeat investments, than reductions
Existing positions increased: 310 | Existing positions reduced: 319
4% less capital invested
Capital invested by funds: $20B → $19.1B (-$888M)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
34% less call options, than puts
Call options by funds: $254M | Put options by funds: $388M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$334M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$201M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$185M |
| 4 |
ST
Spot Trading
Chicago,
Illinois
|
+$107M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$98.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$220M |
| 2 |
Bank of New York Mellon
New York
|
-$167M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$91.9M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
-$50.2M |
| 5 |
CIP
Cornerstone Investment Partners
Atlanta,
Georgia
|
-$43.4M |
CMI Hedge Fund Activity: Q2 2015 in Review
820 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q2 2015, worth a combined $19.1B — down 4.4% from $20B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new CMI positions and 63 closed out — a net gain of 18 holders — while 310 added to existing stakes and 319 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $334M. The largest seller was Capital World Investors, cutting an estimated $220M.
- 820 institutional investors held Cummins (CMI) as of Q2 2015, up from 813 in Q1 2015.
- Funds reported $19.1B of Cummins stock for Q2 2015, down 4.4% quarter-over-quarter.
- 81 funds opened new Cummins positions in Q2 2015 and 63 closed out, a net change of +18 holders.
- The largest Cummins buyer in Q2 2015 was Allianz Asset Management, an estimated $334M added.
- The largest Cummins seller in Q2 2015 was Capital World Investors, an estimated $220M sold.
Based on aggregated 13F filings for Q2 2015.