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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
ABA
751
American Beacon Advisors
Texas
$188K +$17.2K +115 +9%
CFN
752
Cordasco Financial Network
Florida
$186K
SWA
753
Sutton Wealth Advisors
Florida
$186K
MMG
754
Monetary Management Group
Missouri
$183K +$92.1K +615 +81%
NIM
755
NuWave Investment Management
New Jersey
$183K +$206K +1,375 New
IBOK
756
Independence Bank of Kentucky
Kentucky
$178K -$167K -1,115 -45%
MCM
757
Manchester Capital Management
Vermont
$170K -$8.23K -55 -4%
OIA
758
OneDigital Investment Advisors
Kansas
$165K +$449 +3 +0.2%
CF
759
Centaurus Financial
California
$164K +$77.8K +520 +73%
FPB
760
First PREMIER Bank
South Dakota
$162K
AW
761
Alpha Windward
Massachusetts
$159K -$498K -3,325 -74%
Qube Research & Technologies (QRT)
762
Qube Research & Technologies (QRT)
United Kingdom
$155K +$174K +1,165 New
SWM
763
SeaCrest Wealth Management
New York
$152K -$2.25K -15 -1%
BBHC
764
Brown Brothers Harriman & Co
New York
$148K +$167K +1,115 New
WT
765
Washington Trust
Rhode Island
$147K +$165K +1,105 New
MF
766
MHI Funds
New York
$147K +$166K +1,106 New
PCG
767
Private Capital Group
Connecticut
$144K +$16.6K +111 +11%
Barrow, Hanley, Mewhinney & Strauss
768
Barrow, Hanley, Mewhinney & Strauss
Texas
$142K +$6.88K +46 +4%
RCAG
769
Rehmann Capital Advisory Group
Michigan
$141K +$37.9K +253 +31%
Bessemer Group
770
Bessemer Group
New Jersey
$140K +$19.2K +128 +14%
WAP
771
Wealthcare Advisory Partners
Pennsylvania
$138K
Fuller & Thaler Asset Management
772
Fuller & Thaler Asset Management
California
$133K
NPP
773
New Potomac Partners
Maryland
$133K
ATC
774
Adirondack Trust Company
New York
$132K
HA
775
Hays Advisory
Tennessee
$127K -$9.43K -63 -6%

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.