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992 hedge funds and large institutions have $24.6B invested in Cummins in 2017 Q4 according to their latest regulatory filings, with 161 funds opening new positions, 374 increasing their positions, 310 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

152% more first-time investments, than exits

New positions opened: 161 | Existing positions closed: 64

21% more repeat investments, than reductions

Existing positions increased: 374 | Existing positions reduced: 310

10% more funds holding

Funds holding: 905992 (+87)

5% more capital invested

Capital invested by funds: $23.4B → $24.6B (+$1.24B)

1.13% more ownership

Funds ownership: 83.04%84.17% (+1.1%)

25% less funds holding in top 10

Funds holding in top 10: 2015 (-5)

49% less call options, than puts

Call options by funds: $328M | Put options by funds: $648M

Holders
992
Holders Change
+87
Holders Change %
+9.61%
% of All Funds
22.5%
Holding in Top 10
15
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-25%
% of All Funds
0.34%
New
161
Increased
374
Reduced
310
Closed
64
Calls
$328M
Puts
$648M
Net Calls
-$320M
Net Calls Change
-$130M
Name Holding Trade Value Shares
Change
Change in
Stake
ADEF
126
Adams Diversified Equity Fund
Maryland
$24M
Chevy Chase Trust
127
Chevy Chase Trust
Maryland
$23.9M -$384K -2,247 -2%
AG
128
Aperio Group
California
$23.3M +$366K +2,140 +2%
SEI Investments
129
SEI Investments
Pennsylvania
$22.6M +$4.64M +27,106 +27%
BCIM
130
British Columbia Investment Management
British Columbia, Canada
$22.4M +$936K +5,476 +5%
Adage Capital Partners
131
Adage Capital Partners
Massachusetts
$22.2M +$1.83M +10,700 +9%
US Bancorp
132
US Bancorp
Minnesota
$22.1M +$452K +2,641 +2%
TAM
133
Tyers Asset Management
Texas
$21.3M +$3.85M +22,512 +23%
HighTower Advisors
134
HighTower Advisors
Illinois
$19.7M -$430K -2,514 -2%
Axa
135
Axa
France
$19.6M +$1.47M +8,625 +8%
WCM
136
Wedge Capital Management
North Carolina
$19.5M -$1.95M -11,400 -9%
Zurich Cantonal Bank
137
Zurich Cantonal Bank
Switzerland
$19.3M +$5.95M +34,770 +47%
RCM
138
Riverhead Capital Management
Delaware
$19M +$3.35M +19,569 +22%
Retirement Systems of Alabama
139
Retirement Systems of Alabama
Alabama
$18.9M -$306K -1,787 -2%
AIM
140
Achmea Investment Management
Netherlands
$18.9M +$7.53M +44,034 +70%
RBCM
141
Raub Brock Capital Management
California
$18.7M -$665K -3,887 -4%
FA
142
Friess Associates
Delaware
$18.5M +$18M +105,000 New
OPERF
143
Oregon Public Employees Retirement Fund
Oregon
$18.3M +$990K +5,792 +6%
DZ Bank
144
DZ Bank
Germany
$18.3M -$852K -4,982 -5%
CM
145
Churchill Management
California
$18.3M -$142K -832 -0.8%
RJFSA
146
Raymond James Financial Services Advisors
Florida
$17.7M +$2.17M +12,677 +14%
Parnassus Investments
147
Parnassus Investments
California
$17.7M
AIM
148
Artemis Investment Management
United Kingdom
$16.9M +$2M +11,700 +14%
Nisa Investment Advisors
149
Nisa Investment Advisors
Missouri
$16.8M +$2.32M +13,593 +17%
PSUF
150
People's United Financial
Connecticut
$16.8M +$456K +2,666 +3%

CMI Hedge Fund Activity: Q4 2017 in Review

992 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q4 2017, worth a combined $24.6B — up 5.3% from $23.4B a quarter earlier.

Buyers outnumbered sellers: 161 funds opened new CMI positions and 64 closed out — a net gain of 97 holders — while 374 added to existing stakes and 310 trimmed.

The largest buyer was Amundi Asset Management US, opening a new position worth an estimated $203M. The largest seller was American International Group, cutting an estimated $577M.

  • 992 institutional investors held Cummins (CMI) as of Q4 2017, up from 905 in Q3 2017.
  • Funds reported $24.6B of Cummins stock for Q4 2017, up 5.3% quarter-over-quarter.
  • 161 funds opened new Cummins positions in Q4 2017 and 64 closed out, a net change of +97 holders.
  • The largest Cummins buyer in Q4 2017 was Amundi Asset Management US, an estimated $203M added.
  • The largest Cummins seller in Q4 2017 was American International Group, an estimated $577M sold.

Based on aggregated 13F filings for Q4 2017.