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793 hedge funds and large institutions have $19.4B invested in Cummins in 2014 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 324 increasing their positions, 274 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 324 | Existing positions reduced: 274

1% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 74

1% less funds holding

Funds holding: 803793 (-10)

4.12% less ownership

Funds ownership: 84.16%80.04% (-4.1%)

19% less capital invested

Capital invested by funds: $23.9B → $19.4B (-$4.5B)

38% less funds holding in top 10

Funds holding in top 10: 2415 (-9)

51% less call options, than puts

Call options by funds: $210M | Put options by funds: $432M

Holders
793
Holders Change
-10
Holders Change %
-1.25%
% of All Funds
23%
Holding in Top 10
15
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-37.5%
% of All Funds
0.44%
New
75
Increased
324
Reduced
274
Closed
74
Calls
$210M
Puts
$432M
Net Calls
-$222M
Net Calls Change
-$195M
Name Holding Trade Value Shares
Change
Change in
Stake
Citadel Advisors
151
Citadel Advisors
Florida
$14.7M +$10.2M +71,055 +175%
VFA
152
Virtus Fund Advisers
Connecticut
$14.4M -$85.8M -594,723 -85%
PAM
153
Panagora Asset Management
Massachusetts
$14.1M -$54.5K -378 -0.4%
GT
154
Glenmede Trust
Pennsylvania
$14M -$2.79M -19,360 -15%
MSA
155
Mason Street Advisors
Wisconsin
$13.8M -$12M -83,246 -44%
Retirement Systems of Alabama
156
Retirement Systems of Alabama
Alabama
$13.8M +$124K +858 +0.8%
VRS
157
Virginia Retirement Systems
Virginia
$13.7M -$3.17K -22 -0%
MLICM
158
Metropolitan Life Insurance Company (MetLife)
New York
$13.7M -$237K -1,640 -2%
M&T Bank
159
M&T Bank
New York
$13.6M +$10.5M +72,523 +237%
KeyBank National Association
160
KeyBank National Association
Ohio
$13.3M -$352K -2,441 -2%
RG
161
Rathbones Group
United Kingdom
$13.2M -$10.1K -70 -0.1%
Bank of Nova Scotia
162
Bank of Nova Scotia
Ontario, Canada
$13.1M +$253K +1,757 +2%
Macquarie Group
163
Macquarie Group
Australia
$13.1M -$6.02M -41,740 -30%
WBC
164
Westpac Banking Corp
Australia
$13M -$1.93M -13,365 -12%
PAMU
165
Pictet Asset Management (UK)
United Kingdom
$13M -$11.6M -80,438 -45%
Alyeska Investment Group
166
Alyeska Investment Group
Illinois
$12.6M -$652K -4,523 -5%
IAM
167
Impax Asset Management
New Hampshire
$12.6M -$10.7M -74,492 -44%
DekaBank Deutsche Girozentrale
168
DekaBank Deutsche Girozentrale
Germany
$12.5M -$3.01M -20,857 -18%
Adage Capital Partners
169
Adage Capital Partners
Massachusetts
$12.1M -$24.8M -171,982 -65%
JCM
170
Jag Capital Management
Missouri
$11.9M -$120K -834 -0.9%
ABC
171
Associated Banc-Corp
Wisconsin
$11.8M +$594K +4,119 +5%
CFB
172
Cullen/Frost Bankers
Texas
$11.8M +$419K +2,903 +3%
RJA
173
Raymond James & Associates
Florida
$11.7M +$2.14M +14,854 +20%
MCM
174
Maryland Capital Management
Maryland
$11.6M +$451K +3,125 +4%
WSFS
175
Wilmington Savings Fund Society
Delaware
$11.6M -$123K -855 -1%

CMI Hedge Fund Activity: Q3 2014 in Review

793 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q3 2014, worth a combined $19.4B — down 19% from $23.9B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new CMI positions and 74 closed out — a net gain of 1 holder — while 324 added to existing stakes and 274 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $242M. The largest seller was Norges Bank, cutting an estimated $558M.

  • 793 institutional investors held Cummins (CMI) as of Q3 2014, down from 803 in Q2 2014.
  • Funds reported $19.4B of Cummins stock for Q3 2014, down 19% quarter-over-quarter.
  • 75 funds opened new Cummins positions in Q3 2014 and 74 closed out, a net change of +1 holder.
  • The largest Cummins buyer in Q3 2014 was Capital Research Global Investors, an estimated $242M added.
  • The largest Cummins seller in Q3 2014 was Norges Bank, an estimated $558M sold.

Based on aggregated 13F filings for Q3 2014.