Cummins
1,231 hedge funds and large institutions have $27B invested in Cummins in 2023 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 465 increasing their positions, 467 reducing their positions, and 89 closing their positions.
77% more call options, than puts
Call options by funds: $552M | Put options by funds: $312M
0.28% more ownership
Funds ownership: 82.93% → 83.21% (+0.28%)
0% less repeat investments, than reductions
Existing positions increased: 465 | Existing positions reduced: 467
3% less funds holding
Funds holding: 1,268 → 1,231 (-37)
6% less capital invested
Capital invested by funds: $28.8B → $27B (-$1.8B)
20% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 89
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$496M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$359M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$78.8M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$66.4M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$56.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$177M |
| 2 |
BlackRock
New York
|
-$134M |
| 3 |
Man Group
London,
United Kingdom
|
-$124M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$97.7M |
| 5 |
Jane Street
New York
|
-$51.1M |
CMI Hedge Fund Activity: Q3 2023 in Review
1,231 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q3 2023, worth a combined $27B — down 6.2% from $28.8B a quarter earlier.
Sellers outnumbered buyers: 89 funds closed out of CMI and 71 opened new positions — a net loss of 18 holders — while 467 trimmed existing stakes and 465 added.
The largest buyer was Vanguard Group, adding an estimated $496M. The largest seller was First Trust Advisors, cutting an estimated $177M.
- 1,231 institutional investors held Cummins (CMI) as of Q3 2023, down from 1,268 in Q2 2023.
- Funds reported $27B of Cummins stock for Q3 2023, down 6.2% quarter-over-quarter.
- 71 funds opened new Cummins positions in Q3 2023 and 89 closed out, a net change of -18 holders.
- The largest Cummins buyer in Q3 2023 was Vanguard Group, an estimated $496M added.
- The largest Cummins seller in Q3 2023 was First Trust Advisors, an estimated $177M sold.
Based on aggregated 13F filings for Q3 2023.