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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
FWM
851
Focused Wealth Management
New York
$27K
RAM
852
Riggs Asset Management
Pennsylvania
$27K
AA
853
AlphaMark Advisors
Kentucky
$24K
LWM
854
Lenox Wealth Management
Ohio
$24K
TFA
855
Toth Financial Advisory
Virginia
$24K
YWP
856
YorkBridge Wealth Partners
New York
$24K
VIA
857
Vantage Investment Advisors
Pennsylvania
$23K
ST
858
Smithfield Trust
Pennsylvania
$21K -$2.1K -14 -8%
TL
859
TrueWealth LLC
Georgia
$21K +$9.73K +65 +71%
B
860
Bridgeworth
Alabama
$21K +$23.8K +159 New
Carson Wealth (CWM LLC)
861
Carson Wealth (CWM LLC)
Nebraska
$20K +$1.8K +12 +9%
PK
862
Pflug Koory
Nebraska
$20K +$3.74K +25 +20%
BWM
863
Baystate Wealth Management
Massachusetts
$18K +$150 +1 +0.8%
BAM
864
Bruderman Asset Management
New York
$17K -$238K -1,590 -92%
GAM
865
Gemmer Asset Management
California
$17K
HFM
866
Hartford Financial Management
Connecticut
$17K
IP
867
Isthmus Partners
Wisconsin
$17K
EWM
868
Endurance Wealth Management
Rhode Island
$16K -$150 -1 -0.8%
PW
869
Price Wealth
Texas
$16K +$9.88K +66 +140%
GFP
870
Gryphon Financial Partners
Ohio
$15K -$11.8K -79 -42%
RA
871
Rational Advisors
New York
$15K +$17.1K +114 New
VEA
872
Virtus ETF Advisers
New York
$14K
TFO
873
Tarbox Family Office
California
$14K +$449 +3 +3%
SMG
874
Spectrum Management Group
Indiana
$13K -$1.56M -10,426 -99%
CPA
875
Clear Perspective Advisors
Illinois
$13K

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.