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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
PMFA
901
Plante Moran Financial Advisors
Michigan
$5K +$1.5K +10 +37%
MSA
902
Marino Stram & Associates
Massachusetts
$5K +$2.84K +19 +86%
SMFS
903
Squar Milner Financial Services
California
$5K +$5.39K +36 New
CBT
904
Capital Bank & Trust
California
$4K
ME
905
McIlrath & Eck
Washington
$4K +$4.79K +32 +3,200%
WIM
906
Westside Investment Management
California
$3.97K -$14.1K -94 -76%
LFA
907
Legacy Financial Advisors
Kentucky
$3K -$59.7K -399 -94%
KL
908
KWMG LLC
Kansas
$3K +$3.59K +24 New
LFG
909
LifePlan Financial Group
Ohio
$3K +$3.74K +25 New
FEG
910
Financial Enhancement Group
Indiana
$2K -$5.39M -36,019 -100%
ML
911
McAdam LLC
Pennsylvania
$2K
NR
912
Newfound Research
Massachusetts
$2K
OFW
913
Omnia Family Wealth
Florida
$2K
WC
914
Whitney & Co
New York
$2K
AF
915
Allworth Financial
California
$2K +$2.54K +17 New
RWML
916
RAFFA WEALTH MANAGEMENT, LLC
District of Columbia
$1.73K
GI
917
Gradient Investments
Minnesota
$1K -$898 -6 -43%
CAM
918
ClariVest Asset Management
California
$1K
TCM
919
Tradewinds Capital Management
Washington
$1K
TFS
920
TrustCore Financial Services
Tennessee
$1K
TFA
921
Transamerica Financial Advisors
Florida
$1K +$449 +3 New
BCP
922
Blackhawk Capital Partners
Wisconsin
$1K +$898 +6 New
AIL
923
AGF Investments LLC
Ontario, Canada
$988 -$76.6K -512 -6%
NA
924
NewEdge Advisors
Louisiana
$563 +$637K +4,255 New
FRA
925
Front Row Advisors
California
$472 +$80.2K +536 +18%

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.