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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
Retirement Systems of Alabama
151
Retirement Systems of Alabama
Alabama
$7.5M -$854K -8,548 -9%
Federated Hermes
152
Federated Hermes
Pennsylvania
$7.41M +$3.35M +33,502 +66%
BCIM
153
British Columbia Investment Management
British Columbia, Canada
$7.28M -$6.48M -64,916 -44%
BNP Paribas Financial Markets
154
BNP Paribas Financial Markets
France
$6.37M -$116K -1,162 -2%
WBC
155
Westpac Banking Corp
Australia
$6.32M +$561K +5,613 +8%
CCM
156
Covington Capital Management
California
$6.31M -$1.09M -10,945 -13%
EGM
157
Engineers Gate Manager
New York
$6.29M +$4.73M +47,324 +196%
STB
158
S&T Bank
Pennsylvania
$6.21M +$107K +1,073 +2%
RJA
159
Raymond James & Associates
Florida
$6.2M -$1.59M -15,872 -18%
UFG
160
United Fire Group
Iowa
$5.95M
State of Tennessee, Department of Treasury
161
State of Tennessee, Department of Treasury
Tennessee
$5.89M +$4.11M +41,163 +160%
AG
162
Aperio Group
California
$5.82M -$1.79M -17,922 -21%
VOYA Investment Management
163
VOYA Investment Management
Georgia
$5.8M -$5.58M -55,856 -46%
Royal London Asset Management
164
Royal London Asset Management
United Kingdom
$5.74M +$114K +1,141 +2%
ASRS
165
Arizona State Retirement System
Arizona
$5.48M +$1.69M +16,900 +37%
GT
166
Glenmede Trust
Pennsylvania
$5.45M +$2.23M +22,283 +56%
GH
167
GAM Holding
Switzerland
$5.38M +$1.77M +17,746 +41%
Arrowstreet Capital
168
Arrowstreet Capital
Massachusetts
$5.37M +$2.34M +23,400 +62%
Nisa Investment Advisors
169
Nisa Investment Advisors
Missouri
$5.34M -$908K -9,090 -13%
MFWM
170
Motley Fool Wealth Management
Virginia
$5.25M +$196K +1,967 +3%
CS
171
Candriam SCA
Luxembourg
$5.2M +$5.03M +50,347 +578%
SC
172
Scotia Capital
Ontario, Canada
$5.13M
TPSF
173
Texas Permanent School Fund
Texas
$5.12M -$112K -1,122 -2%
BAM
174
Baring Asset Management
United Kingdom
$5.1M -$169K -1,695 -3%
SIP
175
Stoneridge Investment Partners
Pennsylvania
$5.07M +$5.75M +57,598 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.