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1,050 hedge funds and large institutions have $20.5B invested in Cummins in 2019 Q1 according to their latest regulatory filings, with 156 funds opening new positions, 402 increasing their positions, 355 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 156 | Existing positions closed: 67

77% more call options, than puts

Call options by funds: $474M | Put options by funds: $268M

40% more funds holding in top 10

Funds holding in top 10: 1014 (+4)

21% more capital invested

Capital invested by funds: $17B → $20.5B (+$3.48B)

13% more repeat investments, than reductions

Existing positions increased: 402 | Existing positions reduced: 355

8% more funds holding

Funds holding: 9711,050 (+79)

1.92% more ownership

Funds ownership: 80.69%82.61% (+1.9%)

Holders
1,050
Holders Change
+79
Holders Change %
+8.14%
% of All Funds
22.72%
Holding in Top 10
14
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+40%
% of All Funds
0.3%
New
156
Increased
402
Reduced
355
Closed
67
Calls
$474M
Puts
$268M
Net Calls
+$206M
Net Calls Change
+$263M
Name Holding Trade Value Shares
Change
Change in
Stake
DJSG
151
D.J. St. Germain
Massachusetts
$14.3M -$12.9K -86 -0.1%
WCM
152
Wedge Capital Management
North Carolina
$14.2M -$1.29M -8,627 -9%
RCM
153
Riverhead Capital Management
Delaware
$13.9M +$5.1M +34,000 +63%
Nisa Investment Advisors
154
Nisa Investment Advisors
Missouri
$13.7M +$947K +6,312 +8%
MSV
155
MN Services Vermogensbeheer
Netherlands
$13.6M +$75K +500 +0.6%
SSA
156
Schonfeld Strategic Advisors
New York
$13.1M +$12.5M +83,024 New
VOYA Investment Management
157
VOYA Investment Management
Georgia
$12.7M -$355K -2,364 -3%
LPL Financial
158
LPL Financial
California
$12.7M +$1.37M +9,117 +13%
State of New Jersey Common Pension Fund D
159
State of New Jersey Common Pension Fund D
New Jersey
$12.6M -$3M -20,000 -20%
HI
160
HBK Investments
Texas
$12.4M +$10.8M +71,830 +1,077%
SBCM
161
Schwerin Boyle Capital Management
Massachusetts
$12.4M +$3.3M +22,000 +39%
Janney Montgomery Scott
162
Janney Montgomery Scott
Pennsylvania
$12.3M +$1.23M +8,170 +12%
QI
163
QS Investors
New York
$12.3M +$27.5K +183 +0.2%
NA
164
Neuburgh Advisers
California
$12.1M +$4.47M +29,788 +63%
JGC
165
J. Goldman & Co
New York
$11.8M +$11.2M +74,880 New
FAF
166
Fjarde Ap-fonden
Sweden
$11.6M -$40.4K -269 -0.4%
BCIM
167
British Columbia Investment Management
British Columbia, Canada
$11.4M +$449K +2,991 +4%
WF
168
Welch & Forbes
Massachusetts
$11.4M -$592K -3,947 -5%
AIG
169
American International Group
New York
$11.3M -$2.3M -15,313 -18%
DADC
170
D.A. Davidson & Co
Montana
$11.2M +$913K +6,088 +9%
Treasurer of the State of North Carolina
171
Treasurer of the State of North Carolina
North Carolina
$11.2M +$169K +1,125 +2%
M&T Bank
172
M&T Bank
New York
$11.1M -$8.99M -59,906 -46%
WCM
173
Windward Capital Management
California
$11.1M +$13.7K +91 +0.1%
Commonwealth Equity Services
174
Commonwealth Equity Services
Massachusetts
$10.7M +$18.6K +124 +0.2%
CCM
175
Covington Capital Management
California
$10.6M +$132K +879 +1%

CMI Hedge Fund Activity: Q1 2019 in Review

1,050 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q1 2019, worth a combined $20.5B — up 21% from $17B a quarter earlier.

Buyers outnumbered sellers: 156 funds opened new CMI positions and 67 closed out — a net gain of 89 holders — while 402 added to existing stakes and 355 trimmed.

The largest buyer was American Century Companies, adding an estimated $157M. The largest seller was Boston Partners, cutting an estimated $431M.

  • 1,050 institutional investors held Cummins (CMI) as of Q1 2019, up from 971 in Q4 2018.
  • Funds reported $20.5B of Cummins stock for Q1 2019, up 21% quarter-over-quarter.
  • 156 funds opened new Cummins positions in Q1 2019 and 67 closed out, a net change of +89 holders.
  • The largest Cummins buyer in Q1 2019 was American Century Companies, an estimated $157M added.
  • The largest Cummins seller in Q1 2019 was Boston Partners, an estimated $431M sold.

Based on aggregated 13F filings for Q1 2019.