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753 hedge funds and large institutions have $12.7B invested in Cummins in 2015 Q4 according to their latest regulatory filings, with 111 funds opening new positions, 231 increasing their positions, 330 reducing their positions, and 131 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.19% less ownership

Funds ownership: 82.39%81.2% (-1.2%)

4% less funds holding

Funds holding: 781753 (-28)

15% less first-time investments, than exits

New positions opened: 111 | Existing positions closed: 131

20% less capital invested

Capital invested by funds: $15.9B → $12.7B (-$3.26B)

30% less repeat investments, than reductions

Existing positions increased: 231 | Existing positions reduced: 330

42% less call options, than puts

Call options by funds: $175M | Put options by funds: $302M

80% less funds holding in top 10

Funds holding in top 10: 51 (-4)

Holders
753
Holders Change
-28
Holders Change %
-3.59%
% of All Funds
19.75%
Holding in Top 10
1
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-80%
% of All Funds
0.03%
New
111
Increased
231
Reduced
330
Closed
131
Calls
$175M
Puts
$302M
Net Calls
-$127M
Net Calls Change
-$22.5M
Name Holding Trade Value Shares
Change
Change in
Stake
WCM
76
Wedge Capital Management
North Carolina
$23.2M +$5.25M +52,550 +25%
Voloridge Investment Management
77
Voloridge Investment Management
Florida
$22.7M +$25.8M +258,410 New
HSBC Holdings
78
HSBC Holdings
United Kingdom
$22.7M +$2.68M +26,850 +12%
PNC Financial Services Group
79
PNC Financial Services Group
Pennsylvania
$22.1M -$8.59M -85,965 -26%
Adage Capital Partners
80
Adage Capital Partners
Massachusetts
$22M -$310K -3,100 -1%
CIM
81
Calvert Investment Management
Maryland
$21.9M +$418K +4,184 +2%
GIA
82
Gateway Investment Advisers
Ohio
$21.1M -$25.8K -258 -0.1%
Wellington Management Group
83
Wellington Management Group
Massachusetts
$20.8M -$213K -2,134 -0.9%
PPA
84
Parametric Portfolio Associates
Washington
$20.5M -$17.3M -173,124 -43%
AA
85
ALPS Advisors
Colorado
$20M +$22.3M +222,873 +4,999%
Franklin Resources
86
Franklin Resources
California
$19.9M -$32.9M -329,184 -59%
Principal Financial Group
87
Principal Financial Group
Iowa
$19.8M -$317K -3,176 -1%
First Trust Advisors
88
First Trust Advisors
Illinois
$19.3M +$2.93M +29,342 +15%
CI
89
Conning Inc
Connecticut
$18.9M +$2.05M +20,566 +11%
Prudential Financial
90
Prudential Financial
New Jersey
$18.8M -$44K -440 -0.2%
HPC
91
HM Payson & Co
Maine
$18.7M +$2.89M +28,941 +16%
BJ
92
BlackRock Japan
Japan
$18.5M -$280K -2,807 -1%
MCM
93
Moore Capital Management
New York
$18.5M +$6.56M +65,629 +45%
RG
94
Renaissance Group
Kentucky
$18.3M +$279K +2,789 +1%
Barclays
95
Barclays
United Kingdom
$17.8M +$12.7M +127,059 +169%
State Board of Administration of Florida Retirement System
96
State Board of Administration of Florida Retirement System
Florida
$17.7M +$1.26M +12,654 +7%
NSLI
97
Nan Shan Life Insurance
Taiwan
$17.1M -$582K -5,827 -3%
US Bancorp
98
US Bancorp
Minnesota
$17.1M -$12.9M -128,839 -40%
AAM
99
Aberdeen Asset Management
United Kingdom
$16.6M +$284K +2,841 +2%
Bank of Montreal
100
Bank of Montreal
Ontario, Canada
$15.2M -$29.1M -291,582 -63%

CMI Hedge Fund Activity: Q4 2015 in Review

753 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q4 2015, worth a combined $12.7B — down 20% from $15.9B a quarter earlier.

Sellers outnumbered buyers: 131 funds closed out of CMI and 111 opened new positions — a net loss of 20 holders — while 330 trimmed existing stakes and 231 added.

The largest buyer was Harris Associates, adding an estimated $418M. The largest seller was Bank of America, cutting an estimated $656M.

  • 753 institutional investors held Cummins (CMI) as of Q4 2015, down from 781 in Q3 2015.
  • Funds reported $12.7B of Cummins stock for Q4 2015, down 20% quarter-over-quarter.
  • 111 funds opened new Cummins positions in Q4 2015 and 131 closed out, a net change of -20 holders.
  • The largest Cummins buyer in Q4 2015 was Harris Associates, an estimated $418M added.
  • The largest Cummins seller in Q4 2015 was Bank of America, an estimated $656M sold.

Based on aggregated 13F filings for Q4 2015.