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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
Capital Research Global Investors
1
Capital Research Global Investors
California
$1.51B +$20.6M +167,000 +1%
State Street
2
State Street
Massachusetts
$1.37B -$37.9M -306,462 -2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.06B +$10.1M +81,444 +0.8%
Capital World Investors
4
Capital World Investors
California
$1.03B -$103M -836,681 -8%
Bank of America
5
Bank of America
North Carolina
$879M +$405M +3,276,337 +68%
Harris Associates
6
Harris Associates
Illinois
$755M +$597M +4,833,678 +228%
BIT
7
BlackRock Institutional Trust
California
$471M -$6.87M -55,665 -1%
Norges Bank
8
Norges Bank
Norway
$470M -$382K -3,096 -0.1%
Hotchkis & Wiley Capital Management
9
Hotchkis & Wiley Capital Management
California
$421M +$24.8M +200,461 +5%
JP Morgan Chase
10
JP Morgan Chase
New York
$295M -$30M -242,729 -8%
Northern Trust
11
Northern Trust
Illinois
$270M -$6.88M -55,740 -2%
Allianz Asset Management
12
Allianz Asset Management
Germany
$266M -$2.71M -21,921 -0.9%
Deutsche Bank
13
Deutsche Bank
Germany
$233M +$6.39M +51,712 +2%
Wells Fargo
14
Wells Fargo
California
$225M +$7M +56,671 +3%
BFA
15
BlackRock Fund Advisors
California
$194M -$3.21M -25,967 -1%
WP
16
Wedgewood Partners
Missouri
$180M -$9.81M -79,427 -5%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$174M -$8.61M -69,676 -4%
American Century Companies
18
American Century Companies
Missouri
$168M +$8.77M +71,044 +5%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$143M +$5.23M +42,307 +3%
BG
20
BlackRock Group
United Kingdom
$140M -$1.27M -10,265 -0.8%
Fidelity Investments
21
Fidelity Investments
Massachusetts
$140M -$189M -1,533,766 -54%
CIP
22
Cornerstone Investment Partners
Georgia
$131M -$11.6M -93,611 -7%
Schroder Investment Management Group
23
Schroder Investment Management Group
United Kingdom
$130M -$59.4M -480,561 -29%
TCIM
24
TIAA CREF Investment Management
New York
$97M -$7.28M -58,965 -6%
PP
25
Prudential plc
United Kingdom
$96M -$5.61M -45,437 -5%

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.