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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
RIL
201
Rothschild Investment LLC
Illinois
$3.81M -$2.45M -24,509 -36%
Comerica Bank
202
Comerica Bank
Texas
$3.77M -$539K -5,392 -11%
Commonwealth Equity Services
203
Commonwealth Equity Services
Massachusetts
$3.76M +$399K +3,999 +10%
Public Sector Pension Investment Board (PSP Investments)
204
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$3.69M -$180K -1,800 -4%
Envestnet Asset Management
205
Envestnet Asset Management
Illinois
$3.67M -$5.29M -52,965 -56%
ERSOT
206
Employees Retirement System of Texas
Texas
$3.61M -$99.9K -1,000 -2%
CM
207
Capital Management
Virginia
$3.6M -$1.04M -10,388 -20%
OPERF
208
Oregon Public Employees Retirement Fund
Oregon
$3.6M +$150K +1,500 +4%
HIMCH
209
Hartford Investment Management Co (HIMCO)
Connecticut
$3.58M -$352K -3,521 -8%
PIA
210
Piedmont Investment Advisors
North Carolina
$3.52M +$35.4K +354 +0.9%
ANI
211
American National Insurance
Texas
$3.41M
CIA
212
CCM Investment Advisers
South Carolina
$3.38M -$12M -120,120 -76%
WRM
213
Weybosset Research & Management
Rhode Island
$3.32M -$807K -8,075 -18%
BC
214
Burney Company
Virginia
$3.27M -$3.44M -34,442 -48%
CANC
215
Culbertson A N & Co
Virginia
$3.27M +$15.9K +159 +0.4%
IG
216
ING Group
Netherlands
$3.24M -$20.5M -205,395 -85%
EIM
217
ExxonMobil Investment Management
Texas
$3.24M -$132K -1,323 -3%
Public Employees Retirement Association of Colorado
218
Public Employees Retirement Association of Colorado
Colorado
$3.19M -$156K -1,558 -4%
MG
219
Markel Group
Virginia
$3.17M +$1.1M +11,000 +44%
KIC
220
Keating Investment Counselors
Florida
$3.14M +$2.11M +21,130 +145%
KCA
221
KR Capital Advisors
New York
$3.08M
FAF
222
Fjarde Ap-fonden
Sweden
$3.03M +$2.8K +28 +0.1%
BIM
223
Bridgecreek Investment Management
Oklahoma
$3M +$178K +1,780 +5%
CIBC Private Wealth Group
224
CIBC Private Wealth Group
Georgia
$2.91M -$193K -1,937 -6%
URS
225
Utah Retirement Systems
Utah
$2.86M

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.