Cummins
759 hedge funds and large institutions have $15.6B invested in Cummins in 2016 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 285 increasing their positions, 290 reducing their positions, and 76 closing their positions.
2% less repeat investments, than reductions
Existing positions increased: 285 | Existing positions reduced: 290
3% less capital invested
Capital invested by funds: $16.1B → $15.6B (-$462M)
9% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 76
2% less funds holding
Funds holding: 775 → 759 (-16)
4.34% less ownership
Funds ownership: 85.83% → 81.49% (-4.3%)
16% less call options, than puts
Call options by funds: $284M | Put options by funds: $336M
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$175M |
| 2 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$130M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$53.1M |
| 4 |
JP Morgan Chase
New York
|
+$48.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$42.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$581M |
| 2 |
Goldman Sachs
New York
|
-$200M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$111M |
| 4 |
Two Sigma Advisers
New York
|
-$83.2M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$43.3M |
CMI Hedge Fund Activity: Q2 2016 in Review
759 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q2 2016, worth a combined $15.6B — down 2.9% from $16.1B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of CMI and 69 opened new positions — a net loss of 7 holders — while 290 trimmed existing stakes and 285 added.
The largest buyer was Capital World Investors, adding an estimated $175M. The largest seller was Capital Research Global Investors, cutting an estimated $581M.
- 759 institutional investors held Cummins (CMI) as of Q2 2016, down from 775 in Q1 2016.
- Funds reported $15.6B of Cummins stock for Q2 2016, down 2.9% quarter-over-quarter.
- 69 funds opened new Cummins positions in Q2 2016 and 76 closed out, a net change of -7 holders.
- The largest Cummins buyer in Q2 2016 was Capital World Investors, an estimated $175M added.
- The largest Cummins seller in Q2 2016 was Capital Research Global Investors, an estimated $581M sold.
Based on aggregated 13F filings for Q2 2016.