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1,050 hedge funds and large institutions have $20.5B invested in Cummins in 2019 Q1 according to their latest regulatory filings, with 156 funds opening new positions, 402 increasing their positions, 355 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 156 | Existing positions closed: 67

77% more call options, than puts

Call options by funds: $474M | Put options by funds: $268M

40% more funds holding in top 10

Funds holding in top 10: 1014 (+4)

21% more capital invested

Capital invested by funds: $17B → $20.5B (+$3.48B)

13% more repeat investments, than reductions

Existing positions increased: 402 | Existing positions reduced: 355

8% more funds holding

Funds holding: 9711,050 (+79)

1.92% more ownership

Funds ownership: 80.69%82.61% (+1.9%)

Holders
1,050
Holders Change
+79
Holders Change %
+8.14%
% of All Funds
22.72%
Holding in Top 10
14
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+40%
% of All Funds
0.3%
New
156
Increased
402
Reduced
355
Closed
67
Calls
$474M
Puts
$268M
Net Calls
+$206M
Net Calls Change
+$263M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.88B -$168M -1,120,927 -9%
BlackRock
2
BlackRock
New York
$1.71B -$35.1M -234,293 -2%
State Street
3
State Street
Massachusetts
$1.67B -$6.8M -45,316 -0.4%
LSV Asset Management
4
LSV Asset Management
Illinois
$590M +$9.4M +62,642 +2%
American Century Companies
5
American Century Companies
Missouri
$561M +$157M +1,046,677 +42%
Franklin Resources
6
Franklin Resources
California
$528M +$133M +889,265 +36%
Hotchkis & Wiley Capital Management
7
Hotchkis & Wiley Capital Management
California
$520M -$23.4M -155,800 -5%
First Eagle Investment Management
8
First Eagle Investment Management
New York
$397M -$3.27M -21,810 -0.9%
Northern Trust
9
Northern Trust
Illinois
$386M -$3.97M -26,491 -1%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$381M -$11.6M -77,564 -3%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$344M +$36.3M +242,242 +13%
Wells Fargo
12
Wells Fargo
California
$309M +$9.73M +64,883 +3%
Harris Associates
13
Harris Associates
Illinois
$296M +$273K +1,819 +0.1%
Norges Bank
14
Norges Bank
Norway
$274M
Invesco
15
Invesco
Georgia
$262M -$71.5M -476,594 -22%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$241M +$35.7M +238,160 +18%
Capital World Investors
17
Capital World Investors
California
$241M -$187K -1,247 -0.1%
AAMU
18
Amundi Asset Management US
Massachusetts
$240M +$1.63M +10,845 +0.7%
Parnassus Investments
19
Parnassus Investments
California
$237M
Skandinaviska Enskilda Banken (SEB)
20
Skandinaviska Enskilda Banken (SEB)
Sweden
$218M -$15.2M -101,287 -7%
Deutsche Bank
21
Deutsche Bank
Germany
$218M +$47.7M +317,753 +30%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$212M +$24.1M +160,319 +14%
Two Sigma Advisers
23
Two Sigma Advisers
New York
$206M -$9.68M -64,500 -5%
Charles Schwab
24
Charles Schwab
California
$179M +$5.25M +35,016 +3%
JP Morgan Chase
25
JP Morgan Chase
New York
$176M +$29.9M +199,095 +22%

CMI Hedge Fund Activity: Q1 2019 in Review

1,050 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q1 2019, worth a combined $20.5B — up 21% from $17B a quarter earlier.

Buyers outnumbered sellers: 156 funds opened new CMI positions and 67 closed out — a net gain of 89 holders — while 402 added to existing stakes and 355 trimmed.

The largest buyer was American Century Companies, adding an estimated $157M. The largest seller was Boston Partners, cutting an estimated $431M.

  • 1,050 institutional investors held Cummins (CMI) as of Q1 2019, up from 971 in Q4 2018.
  • Funds reported $20.5B of Cummins stock for Q1 2019, up 21% quarter-over-quarter.
  • 156 funds opened new Cummins positions in Q1 2019 and 67 closed out, a net change of +89 holders.
  • The largest Cummins buyer in Q1 2019 was American Century Companies, an estimated $157M added.
  • The largest Cummins seller in Q1 2019 was Boston Partners, an estimated $431M sold.

Based on aggregated 13F filings for Q1 2019.