Cummins
773 hedge funds and large institutions have $15.9B invested in Cummins in 2016 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 290 increasing their positions, 283 reducing their positions, and 81 closing their positions.
1,300% more funds holding in top 10
Funds holding in top 10: 1 → 14 (+13)
38% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 81
25% more capital invested
Capital invested by funds: $12.7B → $15.9B (+$3.22B)
11% more call options, than puts
Call options by funds: $356M | Put options by funds: $320M
7.38% more ownership
Funds ownership: 81.2% → 88.59% (+7.4%)
3% more funds holding
Funds holding: 752 → 773 (+21)
2% more repeat investments, than reductions
Existing positions increased: 290 | Existing positions reduced: 283
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$460M |
| 2 |
Goldman Sachs
New York
|
+$200M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$183M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$136M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$132M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$152M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$145M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$123M |
| 4 |
Two Sigma Investments
New York
|
-$109M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$70.4M |
CMI Hedge Fund Activity: Q1 2016 in Review
773 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q1 2016, worth a combined $15.9B — up 25% from $12.7B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new CMI positions and 81 closed out — a net gain of 31 holders — while 290 added to existing stakes and 283 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $460M. The largest seller was Credit Suisse, cutting an estimated $152M.
- 773 institutional investors held Cummins (CMI) as of Q1 2016, up from 752 in Q4 2015.
- Funds reported $15.9B of Cummins stock for Q1 2016, up 25% quarter-over-quarter.
- 112 funds opened new Cummins positions in Q1 2016 and 81 closed out, a net change of +31 holders.
- The largest Cummins buyer in Q1 2016 was Royal London Asset Management, an estimated $460M added.
- The largest Cummins seller in Q1 2016 was Credit Suisse, an estimated $152M sold.
Based on aggregated 13F filings for Q1 2016.