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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
PWM
1026
Perigon Wealth Management
California
-$130K -804 Closed
H
1027
Hexavest
Quebec, Canada
-$110K -677 Closed
LGWM
1028
Litman Gregory Wealth Management
California
-$62K -385 Closed
AIS
1029
AlphaOne Investment Services
Pennsylvania
-$52K -323 Closed
PFSC
1030
Peoples Financial Services Corp
Pennsylvania
-$32K -200 Closed
TDC
1031
Thompson Davis & Co
Virginia
-$32K -200 Closed
CA
1032
Crewe Advisors
Utah
-$31K -194 Closed
CCA
1033
Clearwater Capital Advisors
Illinois
-$29K -180 Closed
WAS
1034
WESPAC Advisors SoCal
California
-$27K -170 Closed
HFP
1035
Holistic Financial Partners
Indiana
-$17K -105 Closed
FAM
1036
Fred Alger Management
New York
-$12K -73 Closed
KC
1037
KHP Capital
Oklahoma
-$11K -65 Closed
SP
1038
SWS Partners
Ohio
-$10K -65 Closed
FPFS
1039
First Personal Financial Services
North Carolina
-$8K -52 Closed
FCB
1040
First Command Bank
Texas
-$7.94K -49 Closed
FCFS
1041
First Command Financial Services
Texas
-$8K -49 Closed
WDL
1042
Well Done LLC
Michigan
-$8K -49 Closed
ANBT
1043
American National Bank & Trust
Texas
-$5K -30 Closed
CIM
1044
Contravisory Investment Management
Massachusetts
-$5K -30 Closed
IIC
1045
Integrated Investment Consultants
Michigan
-$4K -26 Closed
OBWP
1046
O'Brien Wealth Partners
Massachusetts
-$3K -20 Closed
AWA
1047
Acorn Wealth Advisors
Michigan
-$1K -7 Closed
1IA
1048
1834 Investment Advisors
Wisconsin
-$1K -6 Closed
GWS
1049
Glassman Wealth Services
Virginia
+$449 +3 New

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.