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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
NG
126
NatWest Group
United Kingdom
$9.64M -$2.94M -29,391 -21%
Caisse de Depot et Placement du Quebec (CDPQ)
127
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$9.62M +$3.59M +35,900 +49%
NFA
128
Nationwide Fund Advisors
Ohio
$9.61M +$1.51M +15,151 +16%
BA
129
BlackRock Advisors
Delaware
$9.56M +$1.51M +15,144 +16%
National Pension Service
130
National Pension Service
South Korea
$9.54M +$623K +6,234 +6%
Citadel Advisors
131
Citadel Advisors
Florida
$9.53M +$10.8M +108,288 New
LPL Financial
132
LPL Financial
California
$9M +$5.2M +52,010 +106%
Aviva
133
Aviva
United Kingdom
$8.95M -$249K -2,493 -2%
PAMU
134
Pictet Asset Management (UK)
United Kingdom
$8.9M -$440K -4,400 -4%
BNP Paribas Asset Management
135
BNP Paribas Asset Management
France
$8.87M -$179K -1,787 -2%
Natixis Advisors
136
Natixis Advisors
Massachusetts
$8.81M -$1.74M -17,384 -15%
State of New Jersey Common Pension Fund D
137
State of New Jersey Common Pension Fund D
New Jersey
$8.8M +$9.99M +100,000 New
RJFSA
138
Raymond James Financial Services Advisors
Florida
$8.55M +$2.84M +28,432 +41%
Axa
139
Axa
France
$8.52M +$350K +3,500 +4%
RBCM
140
Raub Brock Capital Management
California
$8.48M +$340K +3,406 +4%
Teacher Retirement System of Texas
141
Teacher Retirement System of Texas
Texas
$8.44M -$509K -5,091 -5%
MLICM
142
Metropolitan Life Insurance Company (MetLife)
New York
$8.36M -$228K -2,281 -2%
HighTower Advisors
143
HighTower Advisors
Illinois
$8.31M -$103K -1,028 -1%
DekaBank Deutsche Girozentrale
144
DekaBank Deutsche Girozentrale
Germany
$8.22M -$303K -3,034 -3%
ACI
145
AMP Capital Investors
Australia
$7.9M -$1.58M -15,770 -15%
HCMNY
146
Howard Capital Management (New York)
New York
$7.88M -$83.3K -834 -0.9%
Stifel Financial
147
Stifel Financial
Missouri
$7.88M +$1.28M +12,805 +17%
PSUF
148
People's United Financial
Connecticut
$7.81M -$823K -8,239 -8%
TD Asset Management
149
TD Asset Management
Ontario, Canada
$7.75M +$1.4M +14,060 +19%
MLL
150
Moody Lynn & Lieberson
Massachusetts
$7.68M +$8.72M +87,295 New

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.