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753 hedge funds and large institutions have $12.7B invested in Cummins in 2015 Q4 according to their latest regulatory filings, with 111 funds opening new positions, 231 increasing their positions, 330 reducing their positions, and 131 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.19% less ownership

Funds ownership: 82.39%81.2% (-1.2%)

4% less funds holding

Funds holding: 781753 (-28)

15% less first-time investments, than exits

New positions opened: 111 | Existing positions closed: 131

20% less capital invested

Capital invested by funds: $15.9B → $12.7B (-$3.26B)

30% less repeat investments, than reductions

Existing positions increased: 231 | Existing positions reduced: 330

42% less call options, than puts

Call options by funds: $175M | Put options by funds: $302M

80% less funds holding in top 10

Funds holding in top 10: 51 (-4)

Holders
753
Holders Change
-28
Holders Change %
-3.59%
% of All Funds
19.75%
Holding in Top 10
1
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-80%
% of All Funds
0.03%
New
111
Increased
231
Reduced
330
Closed
131
Calls
$175M
Puts
$302M
Net Calls
-$127M
Net Calls Change
-$22.5M
Name Holding Trade Value Shares
Change
Change in
Stake
ACM
776
Apex Capital Management
Ohio
-$3.26M -30,041 Closed
VAS
777
Valicenti Advisory Services
New York
-$2.95M -27,210 Closed
Jennison Associates
778
Jennison Associates
New York
-$2.95M -27,187 Closed
CAL
779
Capital Analysts LLC
Pennsylvania
-$2.76M -25,460 Closed
CIA
780
Covington Investment Advisors
Pennsylvania
-$2.53M -23,272 Closed
RHFI
781
Reilly Herbert Faulkner III
-$2.42M -22,274 Closed
HI
782
Horizon Investments
North Carolina
-$2.33M -21,500 Closed
FFS
783
Founders Financial Securities
Maryland
-$2.33M -21,436 Closed
TH
784
Timber Hill
Connecticut
-$2.12M -21,225 Closed
CTA
785
Chesley Taft & Associates
Illinois
-$2.29M -21,055 Closed
CA
786
Cullinan Associates
Kentucky
-$2.1M -19,345 Closed
CCM
787
Carderock Capital Management
Maryland
-$1.88M -17,280 Closed
N
788
Natixis
France
-$1.87M -17,233 Closed
TWA
789
Tillar-Wenstrup Advisors
Ohio
-$1.63M -15,002 Closed
WSTAM
790
Wilbanks Smith & Thomas Asset Management
Virginia
-$1.62M -14,926 Closed
QC
791
Quadrature Capital
United Kingdom
-$1.55M -14,253 Closed
Ninety One (UK)
792
Ninety One (UK)
United Kingdom
-$1.47M -13,570 Closed
FSA
793
Franklin Street Advisors
North Carolina
-$1.44M -13,299 Closed
IMOV
794
Investment Management of Virginia
Virginia
-$1.25M -11,497 Closed
Mariner
795
Mariner
Kansas
-$1.25M -11,485 Closed
WWM
796
Willingdon Wealth Management
North Carolina
-$1.24M -11,435 Closed
AW
797
ACG Wealth
Georgia
-$1.15M -10,556 Closed
Luther King Capital Management (LKCM)
798
Luther King Capital Management (LKCM)
Texas
-$1.14M -10,450 Closed
CCM
799
Condor Capital Management
New Jersey
-$1.12M -10,300 Closed
RCM
800
Rotella Capital Management
Washington
-$1.05M -9,635 Closed

CMI Hedge Fund Activity: Q4 2015 in Review

753 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q4 2015, worth a combined $12.7B — down 20% from $15.9B a quarter earlier.

Sellers outnumbered buyers: 131 funds closed out of CMI and 111 opened new positions — a net loss of 20 holders — while 330 trimmed existing stakes and 231 added.

The largest buyer was Harris Associates, adding an estimated $418M. The largest seller was Bank of America, cutting an estimated $656M.

  • 753 institutional investors held Cummins (CMI) as of Q4 2015, down from 781 in Q3 2015.
  • Funds reported $12.7B of Cummins stock for Q4 2015, down 20% quarter-over-quarter.
  • 111 funds opened new Cummins positions in Q4 2015 and 131 closed out, a net change of -20 holders.
  • The largest Cummins buyer in Q4 2015 was Harris Associates, an estimated $418M added.
  • The largest Cummins seller in Q4 2015 was Bank of America, an estimated $656M sold.

Based on aggregated 13F filings for Q4 2015.