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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
CCMH
176
Cornerstone Capital Management Holdings
New York
$5M -$63K -631 -1%
LAM
177
Lingohr Asset Management
Germany
$4.96M -$30K -300 -0.5%
SOMRS
178
State of Michigan Retirement System
Michigan
$4.95M -$380K -3,800 -6%
Renaissance Technologies
179
Renaissance Technologies
New York
$4.88M +$5.54M +55,500 New
LCM
180
Logan Capital Management
Pennsylvania
$4.88M -$390K -3,902 -7%
Daiwa Securities Group
181
Daiwa Securities Group
Japan
$4.84M +$2M +20,000 +57%
M
182
MOTCO
Texas
$4.79M +$340K +3,403 +7%
SBCM
183
Schwerin Boyle Capital Management
Massachusetts
$4.7M
OSAM
184
O'Shaughnessy Asset Management
Connecticut
$4.63M +$1.74M +17,468 +50%
ABC
185
Associated Banc-Corp
Wisconsin
$4.55M -$2.6M -26,048 -33%
GIBU
186
Gulf International Bank (UK)
United Kingdom
$4.52M +$103K +1,030 +2%
BT
187
Beacon Trust
New Jersey
$4.52M -$214K -2,143 -4%
Balyasny Asset Management
188
Balyasny Asset Management
Illinois
$4.4M +$4.99M +49,990 New
NIA
189
Northstar Investment Advisors
Colorado
$4.31M +$4.89M +48,968 New
ACM
190
Alta Capital Management
Utah
$4.28M +$519K +5,197 +12%
AC
191
AFAM Capital
Texas
$4.26M +$4.83M +48,362 New
RIM
192
RS Investment Management
California
$4.19M -$23.8M -237,905 -83%
CCC
193
Cincinnati Casualty Company
Ohio
$4.05M +$4.59M +46,000 New
PFM
194
Parsec Financial Management
North Carolina
$4.03M -$1.14M -11,366 -20%
Fifth Third Bancorp
195
Fifth Third Bancorp
Ohio
$4M -$573K -5,736 -11%
KeyBank National Association
196
KeyBank National Association
Ohio
$3.99M -$4.34M -43,476 -49%
AAA
197
Adams Asset Advisors
Texas
$3.97M +$4.51M +45,132 New
WCM
198
Windward Capital Management
California
$3.88M +$1.14M +11,370 +35%
IRF
199
IBM Retirement Fund
New York
$3.87M -$6.49K -65 -0.1%
RB
200
Rodgers Brothers
Pennsylvania
$3.83M +$4.34M +43,487 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.