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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
RJFSA
176
Raymond James Financial Services Advisors
Florida
$7.47M +$6.82M +55,231 +408%
RIL
177
Rothschild Investment LLC
Illinois
$7.36M +$1.38M +11,175 +20%
UFG
178
United Fire Group
Iowa
$7.34M
CCM
179
Chilton Capital Management
Texas
$7.33M -$1.46M -11,845 -15%
WBC
180
Westpac Banking Corp
Australia
$7.19M -$10.9M -87,886 -57%
Korea Investment Corp
181
Korea Investment Corp
South Korea
$6.86M -$247K -2,000 -3%
Royal London Asset Management
182
Royal London Asset Management
United Kingdom
$6.86M +$7.8M +63,179 New
GIA
183
Granite Investment Advisors
New Hampshire
$6.85M -$501K -4,055 -6%
LCP
184
LGT Capital Partners
Switzerland
$6.83M +$1.59M +12,840 +26%
Carson Wealth (CWM LLC)
185
Carson Wealth (CWM LLC)
Nebraska
$6.76M +$1.25M +10,137 +19%
QI
186
QS Investors
New York
$6.68M -$226K -1,831 -3%
SOMRS
187
State of Michigan Retirement System
Michigan
$6.52M -$618K -5,000 -8%
BAM
188
Baring Asset Management
United Kingdom
$6.48M -$124K -1,000 -2%
LCM
189
Logan Capital Management
Pennsylvania
$6.44M +$2.22K +18 +0%
TPSF
190
Texas Permanent School Fund
Texas
$6.43M -$223K -1,802 -3%
SC
191
Scotia Capital
Ontario, Canada
$6.32M +$1.23M +9,969 +21%
MFWM
192
Motley Fool Wealth Management
Virginia
$6.26M +$1.63M +13,163 +30%
CCMH
193
Cornerstone Capital Management Holdings
New York
$6.23M -$459K -3,718 -6%
PFM
194
Parsec Financial Management
North Carolina
$6.21M +$663K +5,371 +10%
LAM
195
Lingohr Asset Management
Germany
$6.19M +$2.98M +24,121 +73%
BT
196
Beacon Trust
New Jersey
$5.81M -$74.6K -604 -1%
SBCM
197
Schwerin Boyle Capital Management
Massachusetts
$5.8M
CM
198
Capital Management
Virginia
$5.57M -$2.9M -23,487 -31%
Fifth Third Bancorp
199
Fifth Third Bancorp
Ohio
$5.55M -$1.29M -10,428 -17%
M
200
MOTCO
Texas
$5.54M +$6.27M +50,727 +16,909%

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.