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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
UOC
951
UBS O'Connor
Illinois
-$1.98M -12,211 Closed
NO
952
Ninety One
South Africa
-$1.96M -11,989 Closed
OA
953
Oxbow Advisors
Texas
-$1.83M -11,316 Closed
LP
954
LMR Partners
United Kingdom
-$1.77M -10,007 Closed
KI
955
Koch Industries
Kansas
-$1.48M -9,157 Closed
BSPF
956
British Steel Pension Fund
United Kingdom
-$1.57M -8,892 Closed
OSAM
957
O'Shaughnessy Asset Management
Connecticut
-$1.39M -8,561 Closed
Parallax Volatility Advisers
958
Parallax Volatility Advisers
California
-$1.11M -6,844 Closed
EMG
959
Ellington Management Group
Connecticut
-$1.05M -6,500 Closed
ACM
960
Aviance Capital Management
Florida
-$1.03M -6,384 Closed
Hudson Bay Capital Management
961
Hudson Bay Capital Management
Connecticut
-$827K -5,100 Closed
HCM
962
HMS Capital Management
Tennessee
-$720K -4,442 Closed
FVCM
963
F&V Capital Management
Florida
-$643K -3,970 Closed
HF
964
HRT Financial
New York
-$619K -3,824 Closed
GC
965
Globeflex Capital
California
-$557K -3,437 Closed
PWM
966
Paulson Wealth Management
Illinois
-$536K -3,307 Closed
MWAC
967
Mariner Wealth Advisors (Cincinnati)
Ohio
-$532K -3,285 Closed
CL
968
Choreo LLC
Illinois
-$496K -3,061 Closed
VIA
969
Vident Investment Advisory
Georgia
-$509K -3,057 Closed
GLA
970
Great Lakes Advisors
Illinois
-$478K -2,949 Closed
HW
971
Hancock Whitney
Mississippi
-$467K -2,879 Closed
CP
972
Camelot Portfolios
Ohio
-$446K -2,751 Closed
BAC
973
Boys Arnold & Co
North Carolina
-$423K -2,505 Closed
UAS
974
United Asset Strategies
New York
-$404K -2,491 Closed
NL
975
NVWM LLC
Pennsylvania
-$391K -2,465 Closed

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.