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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
Alyeska Investment Group
801
Alyeska Investment Group
Illinois
-$2.47M -18,853 Closed
SHGA
802
Sand Hill Global Advisors
California
-$2.44M -18,571 Closed
RIM
803
Reliant Investment Management
Tennessee
-$2.09M -15,940 Closed
CCM
804
Coldstream Capital Management
Washington
-$2.04M -15,528 Closed
OIM
805
Orca Investment Management
Oregon
-$1.92M -14,669 Closed
BCM
806
Basswood Capital Management
New York
-$1.92M -14,619 Closed
CS
807
Comerica Securities
Michigan
-$1.69M -12,896 Closed
SAM
808
Silvercrest Asset Management
New York
-$1.66M -12,625 Closed
SCM
809
Stevens Capital Management
Pennsylvania
-$1.64M -12,479 Closed
BPC
810
Banque Pictet & Cie
Switzerland
-$1.58M -12,050 Closed
TI
811
Trexquant Investment
Connecticut
-$1.32M -10,100 Closed
RP
812
Reinhart Partners
Wisconsin
-$1.22M -9,285 Closed
Millennium Management
813
Millennium Management
New York
-$1.12M -9,065 Closed
Marshall Wace
814
Marshall Wace
United Kingdom
-$1.19M -9,045 Closed
LMIM
815
Lockheed Martin Investment Management
Maryland
-$1.18M -9,000 Closed
GI
816
GAMCO Investors
Connecticut
-$949K -7,230 Closed
LWM
817
Lyons Wealth Management
Florida
-$933K -7,127 Closed
NA
818
NewEdge Advisors
Louisiana
-$862K -6,573 Closed
TCM
819
Tributary Capital Management
Nebraska
-$840K -6,400 Closed
MFW
820
Meristem Family Wealth
Minnesota
-$795K -6,057 Closed
FTIOP
821
Fiduciary Trust International of Pennsylvania
Pennsylvania
-$718K -5,470 Closed
FBC
822
Fairfield, Bush & Co
Connecticut
-$656K -5,000 Closed
LOAMS
823
Lombard Odier Asset Management (Switzerland)
Switzerland
-$653K -4,978 Closed
Citadel Advisors
824
Citadel Advisors
Florida
-$597K -4,835 Closed
POA
825
Pergamon Offshore Advisors
New York
-$491K -3,745 Closed

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.