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781 hedge funds and large institutions have $15.9B invested in Cummins in 2015 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 314 increasing their positions, 302 reducing their positions, and 100 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.6% more ownership

Funds ownership: 80.79%82.39% (+1.6%)

4% more repeat investments, than reductions

Existing positions increased: 314 | Existing positions reduced: 302

5% less funds holding

Funds holding: 820781 (-39)

16% less capital invested

Capital invested by funds: $19.1B → $15.9B (-$3.14B)

30% less call options, than puts

Call options by funds: $244M | Put options by funds: $348M

34% less first-time investments, than exits

New positions opened: 66 | Existing positions closed: 100

58% less funds holding in top 10

Funds holding in top 10: 125 (-7)

Holders
781
Holders Change
-39
Holders Change %
-4.76%
% of All Funds
21.8%
Holding in Top 10
5
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-58.33%
% of All Funds
0.14%
New
66
Increased
314
Reduced
302
Closed
100
Calls
$244M
Puts
$348M
Net Calls
-$104M
Net Calls Change
+$29.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
151
Envestnet Asset Management
Illinois
$10.3M -$1.51M -12,233 -11%
NFA
152
Nationwide Fund Advisors
Ohio
$10.2M -$3.58M -28,988 -24%
Retirement Systems of Alabama
153
Retirement Systems of Alabama
Alabama
$10.2M -$2.11M -17,066 -15%
BA
154
BlackRock Advisors
Delaware
$10.2M +$11.3M +91,229 +3,986%
Axa
155
Axa
France
$10.1M +$272K +2,200 +2%
RBCM
156
Raub Brock Capital Management
California
$10.1M +$353K +2,860 +3%
HCMNY
157
Howard Capital Management (New York)
New York
$9.81M +$4.12M +33,390 +59%
KeyBank National Association
158
KeyBank National Association
Ohio
$9.64M -$453K -3,669 -4%
CC
159
Cadinha & Co
Hawaii
$9.48M +$9.45M +76,475 +705%
RJA
160
Raymond James & Associates
Florida
$9.37M -$2.1M -16,982 -16%
AG
161
Aperio Group
California
$9.13M +$701K +5,672 +7%
CCM
162
Covington Capital Management
California
$8.98M -$382K -3,095 -4%
Massachusetts Financial Services
163
Massachusetts Financial Services
Massachusetts
$8.49M -$33.7M -272,792 -78%
ABC
164
Associated Banc-Corp
Wisconsin
$8.45M -$176K -1,426 -2%
Stifel Financial
165
Stifel Financial
Missouri
$8.34M +$1.25M +10,083 +15%
DJSG
166
D.J. St. Germain
Massachusetts
$8.11M -$6.9M -55,828 -43%
Barclays
167
Barclays
United Kingdom
$8.1M -$4.99M -40,419 -35%
TD Asset Management
168
TD Asset Management
Ontario, Canada
$8.04M -$61.8K -500 -0.7%
BNP Paribas Financial Markets
169
BNP Paribas Financial Markets
France
$7.98M +$2.67M +21,637 +42%
Caisse de Depot et Placement du Quebec (CDPQ)
170
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$7.97M -$37.1K -300 -0.4%
FLII
171
First Long Island Investors
New York
$7.72M +$8.78M +71,078 New
BC
172
Burney Company
Virginia
$7.71M -$203K -1,644 -2%
Nisa Investment Advisors
173
Nisa Investment Advisors
Missouri
$7.65M +$1.47M +11,940 +21%
DM
174
Delphi Management
Massachusetts
$7.61M +$8.66M +70,112 New
STB
175
S&T Bank
Pennsylvania
$7.54M -$1.28M -10,346 -13%

CMI Hedge Fund Activity: Q3 2015 in Review

781 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q3 2015, worth a combined $15.9B — down 16% from $19.1B a quarter earlier.

Sellers outnumbered buyers: 100 funds closed out of CMI and 66 opened new positions — a net loss of 34 holders — while 302 trimmed existing stakes and 314 added.

The largest buyer was Harris Associates, adding an estimated $597M. The largest seller was Fidelity Investments, cutting an estimated $189M.

  • 781 institutional investors held Cummins (CMI) as of Q3 2015, down from 820 in Q2 2015.
  • Funds reported $15.9B of Cummins stock for Q3 2015, down 16% quarter-over-quarter.
  • 66 funds opened new Cummins positions in Q3 2015 and 100 closed out, a net change of -34 holders.
  • The largest Cummins buyer in Q3 2015 was Harris Associates, an estimated $597M added.
  • The largest Cummins seller in Q3 2015 was Fidelity Investments, an estimated $189M sold.

Based on aggregated 13F filings for Q3 2015.