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803 hedge funds and large institutions have $23.9B invested in Cummins in 2014 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 265 increasing their positions, 332 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 35

14% more funds holding in top 10

Funds holding in top 10: 2124 (+3)

7% more capital invested

Capital invested by funds: $22.3B → $23.9B (+$1.53B)

3.66% more ownership

Funds ownership: 80.5%84.16% (+3.7%)

3% more funds holding

Funds holding: 777803 (+26)

9% less call options, than puts

Call options by funds: $264M | Put options by funds: $291M

20% less repeat investments, than reductions

Existing positions increased: 265 | Existing positions reduced: 332

Holders
803
Holders Change
+26
Holders Change %
+3.35%
% of All Funds
23.07%
Holding in Top 10
24
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+14.29%
% of All Funds
0.69%
New
67
Increased
265
Reduced
332
Closed
35
Calls
$264M
Puts
$291M
Net Calls
-$27M
Net Calls Change
+$61.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Mackenzie Financial
101
Mackenzie Financial
Ontario, Canada
$30.2M +$1.39M +9,210 +5%
NSLI
102
Nan Shan Life Insurance
Taiwan
$29.9M
LCM
103
Logan Capital Management
Pennsylvania
$29.1M -$439K -2,904 -2%
HIM
104
Hermes Investment Management
United Kingdom
$29.1M +$26.8M +177,290 +1,550%
MSA
105
Mason Street Advisors
Wisconsin
$29M -$109K -720 -0.4%
BG
106
Bahl & Gaynor
Ohio
$28.8M +$576K +3,810 +2%
PC
107
Polar Capital
United Kingdom
$28.7M -$2.83M -18,706 -9%
ALA
108
Atherton Lane Advisers
California
$28.4M -$312K -2,065 -1%
WBG
109
Wharton Business Group
Pennsylvania
$28.3M -$530K -3,503 -2%
Invesco
110
Invesco
Georgia
$28.3M +$6.52M +43,117 +31%
Axa
111
Axa
France
$28.1M +$3.43M +22,699 +14%
Canada Life
112
Canada Life
Manitoba, Canada
$28.1M -$1.59M -10,490 -5%
AAM
113
Aberdeen Asset Management
United Kingdom
$27.9M +$24.6M +162,309 +884%
PAMU
114
Pictet Asset Management (UK)
United Kingdom
$27.6M -$443K -2,930 -2%
Swiss National Bank
115
Swiss National Bank
Switzerland
$26.7M +$60.5K +400 +0.2%
Susquehanna International Group
116
Susquehanna International Group
Pennsylvania
$26.5M +$11.2M +74,019 +76%
IAM
117
Impax Asset Management
New Hampshire
$26.2M +$465K +3,072 +2%
GC
118
Guggenheim Capital
Illinois
$25.7M +$4.04M +26,673 +19%
PI
119
PGGM Investments
Netherlands
$25.6M +$1.22M +8,047 +5%
TGA
120
Trilogy Global Advisors
Florida
$25.6M +$93.8K +620 +0.4%
State of Wisconsin Investment Board
121
State of Wisconsin Investment Board
Wisconsin
$25.4M -$4.56M -30,153 -16%
DnB Asset Management
122
DnB Asset Management
Norway
$25.2M +$24.7M +163,177 New
STC
123
SEI Trust Company
Pennsylvania
$25.2M +$12.8M +84,432 +107%
Citigroup
124
Citigroup
New York
$24.3M -$830K -5,487 -3%
KCM
125
Kames Capital Management
United Kingdom
$24.1M

CMI Hedge Fund Activity: Q2 2014 in Review

803 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q2 2014, worth a combined $23.9B — up 6.9% from $22.3B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new CMI positions and 35 closed out — a net gain of 32 holders — while 265 added to existing stakes and 332 trimmed.

The largest buyer was Norges Bank, adding an estimated $639M. The largest seller was Harris Associates, cutting an estimated $267M.

  • 803 institutional investors held Cummins (CMI) as of Q2 2014, up from 777 in Q1 2014.
  • Funds reported $23.9B of Cummins stock for Q2 2014, up 6.9% quarter-over-quarter.
  • 67 funds opened new Cummins positions in Q2 2014 and 35 closed out, a net change of +32 holders.
  • The largest Cummins buyer in Q2 2014 was Norges Bank, an estimated $639M added.
  • The largest Cummins seller in Q2 2014 was Harris Associates, an estimated $267M sold.

Based on aggregated 13F filings for Q2 2014.