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781 hedge funds and large institutions have $15.9B invested in Cummins in 2015 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 314 increasing their positions, 302 reducing their positions, and 100 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.6% more ownership

Funds ownership: 80.79%82.39% (+1.6%)

4% more repeat investments, than reductions

Existing positions increased: 314 | Existing positions reduced: 302

5% less funds holding

Funds holding: 820781 (-39)

16% less capital invested

Capital invested by funds: $19.1B → $15.9B (-$3.14B)

30% less call options, than puts

Call options by funds: $244M | Put options by funds: $348M

34% less first-time investments, than exits

New positions opened: 66 | Existing positions closed: 100

58% less funds holding in top 10

Funds holding in top 10: 125 (-7)

Holders
781
Holders Change
-39
Holders Change %
-4.76%
% of All Funds
21.8%
Holding in Top 10
5
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-58.33%
% of All Funds
0.14%
New
66
Increased
314
Reduced
302
Closed
100
Calls
$244M
Puts
$348M
Net Calls
-$104M
Net Calls Change
+$29.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
51
Invesco
Georgia
$50.2M +$17M +137,378 +42%
LWCFA
52
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$49.8M
UBS Group
53
UBS Group
Switzerland
$49.1M -$8.18M -66,263 -13%
Ameriprise
54
Ameriprise
Minnesota
$46.4M +$59.2K +479 +0.1%
CS
55
Credit Suisse
Switzerland
$44.8M -$9.24M -74,779 -15%
Royal Bank of Canada
56
Royal Bank of Canada
Ontario, Canada
$44.6M +$1.38M +11,185 +3%
RFC
57
Russell Frank Company
Washington
$44.4M +$29.8M +241,329 +144%
PPA
58
Parametric Portfolio Associates
Washington
$44.1M +$9.38M +75,981 +23%
Dimensional Fund Advisors
59
Dimensional Fund Advisors
Texas
$44M +$6.07M +49,154 +14%
Bessemer Group
60
Bessemer Group
New Jersey
$43.1M +$573K +4,636 +1%
BlackRock
61
BlackRock
New York
$42.3M -$5.34M -43,224 -10%
MA
62
Marshfield Associates
District of Columbia
$41.5M +$47.2M +381,998 New
Fiera Capital (Canada)
63
Fiera Capital (Canada)
Quebec, Canada
$41.1M -$13.5M -109,160 -22%
AT
64
AMF Tjänstepension
Sweden
$40.6M -$13.8M -112,011 -23%
BIM
65
BlackRock Investment Management
Delaware
$37.8M +$767K +6,207 +2%
Mitsubishi UFJ Trust & Banking
66
Mitsubishi UFJ Trust & Banking
Japan
$37.7M -$8.27M -66,969 -16%
T. Rowe Price Associates
67
T. Rowe Price Associates
Maryland
$37.5M -$358K -2,900 -0.8%
PI
68
PGGM Investments
Netherlands
$37M +$3.16M +25,551 +8%
PNC Financial Services Group
69
PNC Financial Services Group
Pennsylvania
$36.6M +$165K +1,338 +0.4%
California State Teachers Retirement System (CalSTRS)
70
California State Teachers Retirement System (CalSTRS)
California
$36.2M +$272K +2,205 +0.7%
HIM
71
Hermes Investment Management
United Kingdom
$35.3M +$8.82M +71,442 +28%
US Bancorp
72
US Bancorp
Minnesota
$35.1M -$1.46M -11,822 -4%
AllianceBernstein
73
AllianceBernstein
Tennessee
$34.9M -$1.06M -8,588 -3%
New York State Teachers Retirement System (NYSTRS)
74
New York State Teachers Retirement System (NYSTRS)
New York
$34.3M -$327K -2,644 -0.8%
Credit Agricole
75
Credit Agricole
France
$34.1M +$1.26M +10,238 +3%

CMI Hedge Fund Activity: Q3 2015 in Review

781 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q3 2015, worth a combined $15.9B — down 16% from $19.1B a quarter earlier.

Sellers outnumbered buyers: 100 funds closed out of CMI and 66 opened new positions — a net loss of 34 holders — while 302 trimmed existing stakes and 314 added.

The largest buyer was Harris Associates, adding an estimated $597M. The largest seller was Fidelity Investments, cutting an estimated $189M.

  • 781 institutional investors held Cummins (CMI) as of Q3 2015, down from 820 in Q2 2015.
  • Funds reported $15.9B of Cummins stock for Q3 2015, down 16% quarter-over-quarter.
  • 66 funds opened new Cummins positions in Q3 2015 and 100 closed out, a net change of -34 holders.
  • The largest Cummins buyer in Q3 2015 was Harris Associates, an estimated $597M added.
  • The largest Cummins seller in Q3 2015 was Fidelity Investments, an estimated $189M sold.

Based on aggregated 13F filings for Q3 2015.