Cummins
758 hedge funds and large institutions have $15.6B invested in Cummins in 2016 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 284 increasing their positions, 290 reducing their positions, and 76 closing their positions.
2% less capital invested
Capital invested by funds: $15.9B → $15.6B (-$283M)
2% less repeat investments, than reductions
Existing positions increased: 284 | Existing positions reduced: 290
9% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 76
2% less funds holding
Funds holding: 774 → 758 (-16)
7.09% less ownership
Funds ownership: 88.59% → 81.5% (-7.1%)
16% less call options, than puts
Call options by funds: $284M | Put options by funds: $336M
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$175M |
| 2 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$130M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$53.1M |
| 4 |
JP Morgan Chase
New York
|
+$48.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$42.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$581M |
| 2 |
Royal London Asset Management
United Kingdom
|
-$539M |
| 3 |
Goldman Sachs
New York
|
-$200M |
| 4 |
Harris Associates
Chicago,
Illinois
|
-$111M |
| 5 |
Two Sigma Advisers
New York
|
-$83.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DLHL
826
Donald L. Hagan LLC
Sarasota,
Florida
| – | -$20K | -178 | Closed |
|
827
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$13K | -118 | Closed |
|
|
BAM
828
Brave Asset Management
Summit,
New Jersey
| – | -$11K | -100 | Closed |
|
|
CHP
829
Cable Hill Partners
Portland,
Oregon
| – | -$9K | -73 | Closed |
|
|
MBT
830
Monroe Bank & Trust
Monroe,
Michigan
| – | -$7K | -60 | Closed |
|
|
CFA
831
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$3K | -31 | Closed |
|
|
BBHC
832
Brown Brothers Harriman & Co
New York
| – | -$3K | -23 | Closed |
|
|
NYLT
833
New York Life Trust
New York
| – | -$2K | -18 | Closed |
|
|
SIM
834
Sonora Investment Management
Tucson,
Arizona
| – | -$1.03K | -9 | Closed |
|
|
NR
835
Newfound Research
Wellesley Hills,
Massachusetts
| – | +$113 | +1 | New |
|
CMI Hedge Fund Activity: Q2 2016 in Review
758 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q2 2016, worth a combined $15.6B — down 1.8% from $15.9B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of CMI and 69 opened new positions — a net loss of 7 holders — while 290 trimmed existing stakes and 284 added.
The largest buyer was Capital World Investors, adding an estimated $175M. The largest seller was Capital Research Global Investors, cutting an estimated $581M.
- 758 institutional investors held Cummins (CMI) as of Q2 2016, down from 774 in Q1 2016.
- Funds reported $15.6B of Cummins stock for Q2 2016, down 1.8% quarter-over-quarter.
- 69 funds opened new Cummins positions in Q2 2016 and 76 closed out, a net change of -7 holders.
- The largest Cummins buyer in Q2 2016 was Capital World Investors, an estimated $175M added.
- The largest Cummins seller in Q2 2016 was Capital Research Global Investors, an estimated $581M sold.
Based on aggregated 13F filings for Q2 2016.