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1,050 hedge funds and large institutions have $20.5B invested in Cummins in 2019 Q1 according to their latest regulatory filings, with 156 funds opening new positions, 402 increasing their positions, 355 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 156 | Existing positions closed: 67

77% more call options, than puts

Call options by funds: $474M | Put options by funds: $268M

40% more funds holding in top 10

Funds holding in top 10: 1014 (+4)

21% more capital invested

Capital invested by funds: $17B → $20.5B (+$3.48B)

13% more repeat investments, than reductions

Existing positions increased: 402 | Existing positions reduced: 355

8% more funds holding

Funds holding: 9711,050 (+79)

1.92% more ownership

Funds ownership: 80.69%82.61% (+1.9%)

Holders
1,050
Holders Change
+79
Holders Change %
+8.14%
% of All Funds
22.72%
Holding in Top 10
14
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+40%
% of All Funds
0.3%
New
156
Increased
402
Reduced
355
Closed
67
Calls
$474M
Puts
$268M
Net Calls
+$206M
Net Calls Change
+$263M
Name Holding Trade Value Shares
Change
Change in
Stake
State Board of Administration of Florida Retirement System
101
State Board of Administration of Florida Retirement System
Florida
$32M -$825K -5,500 -3%
Teacher Retirement System of Texas
102
Teacher Retirement System of Texas
Texas
$31.9M +$20.9M +139,136 +222%
H
103
Hexavest
Quebec, Canada
$30.8M +$29.3M +195,280 New
PI
104
Putnam Investments
Massachusetts
$30.7M +$417K +2,781 +1%
MSL
105
Mackay Shields LLC
New York
$30.4M -$2.15M -14,298 -7%
Allianz Asset Management
106
Allianz Asset Management
Germany
$30M -$22.2M -148,247 -44%
Mitsubishi UFJ Trust & Banking
107
Mitsubishi UFJ Trust & Banking
Japan
$29.6M -$388K -2,585 -1%
Assenagon Asset Management
108
Assenagon Asset Management
Luxembourg
$29.4M +$28M +186,444 New
CCMG
109
Clark Capital Management Group
Pennsylvania
$28.8M -$27.8M -185,277 -50%
DCM
110
Donaldson Capital Management
Indiana
$28.6M +$3.01M +20,047 +12%
HSBC Holdings
111
HSBC Holdings
United Kingdom
$28.3M +$900K +6,000 +3%
N
112
Natixis
France
$27.3M -$5.42M -36,101 -17%
PAMU
113
Pictet Asset Management (UK)
United Kingdom
$27M +$540K +3,600 +2%
Russell Investments Group
114
Russell Investments Group
United Kingdom
$26.6M +$2.27M +15,141 +10%
GAM
115
Gotham Asset Management
New York
$26.1M -$15.4M -102,871 -38%
Citadel Advisors
116
Citadel Advisors
Florida
$25.5M -$1.56M -10,385 -6%
PP
117
Paloma Partners
Connecticut
$24.5M +$20.5M +136,817 +739%
Envestnet Asset Management
118
Envestnet Asset Management
Illinois
$24.3M +$2.4M +15,974 +12%
Aberdeen Group
119
Aberdeen Group
United Kingdom
$24M -$9.66M -64,397 -30%
GIA
120
Gateway Investment Advisers
Ohio
$23M -$313K -2,084 -1%
AG
121
Aperio Group
California
$22.8M +$1.09M +7,261 +5%
AIM
122
Artemis Investment Management
United Kingdom
$22.7M -$8.45M -56,300 -28%
BGIM
123
Brandywine Global Investment Management
Pennsylvania
$22.3M +$5.72M +38,151 +37%
SCM
124
Smead Capital Management
Arizona
$21.7M +$20.6M +137,415 New
USAA
125
United Services Automobile Association
Texas
$21.6M +$1.36M +9,088 +7%

CMI Hedge Fund Activity: Q1 2019 in Review

1,050 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q1 2019, worth a combined $20.5B — up 21% from $17B a quarter earlier.

Buyers outnumbered sellers: 156 funds opened new CMI positions and 67 closed out — a net gain of 89 holders — while 402 added to existing stakes and 355 trimmed.

The largest buyer was American Century Companies, adding an estimated $157M. The largest seller was Boston Partners, cutting an estimated $431M.

  • 1,050 institutional investors held Cummins (CMI) as of Q1 2019, up from 971 in Q4 2018.
  • Funds reported $20.5B of Cummins stock for Q1 2019, up 21% quarter-over-quarter.
  • 156 funds opened new Cummins positions in Q1 2019 and 67 closed out, a net change of +89 holders.
  • The largest Cummins buyer in Q1 2019 was American Century Companies, an estimated $157M added.
  • The largest Cummins seller in Q1 2019 was Boston Partners, an estimated $431M sold.

Based on aggregated 13F filings for Q1 2019.