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1,371 hedge funds and large institutions have $34.7B invested in Cummins in 2024 Q1 according to their latest regulatory filings, with 151 funds opening new positions, 436 increasing their positions, 580 reducing their positions, and 130 closing their positions.

New
Increased
Maintained
Reduced
Closed

157% more funds holding in top 10

Funds holding in top 10: 718 (+11)

20% more capital invested

Capital invested by funds: $28.9B → $34.7B (+$5.81B)

16% more first-time investments, than exits

New positions opened: 151 | Existing positions closed: 130

0% more funds holding

Funds holding: 1,3661,371 (+5)

7% less call options, than puts

Call options by funds: $413M | Put options by funds: $442M

1.98% less ownership

Funds ownership: 85.01%83.04% (-2%)

25% less repeat investments, than reductions

Existing positions increased: 436 | Existing positions reduced: 580

Holders
1,371
Holders Change
+5
Holders Change %
+0.37%
% of All Funds
19.75%
Holding in Top 10
18
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+157.14%
% of All Funds
0.26%
New
151
Increased
436
Reduced
580
Closed
130
Calls
$413M
Puts
$442M
Net Calls
-$29.3M
Net Calls Change
-$295M
Name Holding Trade Value Shares
Change
Change in
Stake
FSA
226
Franklin Street Advisors
North Carolina
$10.6M -$288K -1,119 -3%
AIG
227
American International Group
New York
$10.5M -$394K -1,530 -4%
SFWA
228
Summit Financial Wealth Advisors
Louisiana
$10.4M +$83.5K +324 +0.9%
AAA
229
Adams Asset Advisors
Texas
$10.3M -$38.1K -148 -0.4%
Truist Financial
230
Truist Financial
North Carolina
$10.1M -$736K -2,854 -8%
TW
231
Transform Wealth
Colorado
$10.1M +$132K +513 +2%
VV
232
Verity & Verity
South Carolina
$10.1M -$531K -2,059 -6%
Los Angeles Capital Management
233
Los Angeles Capital Management
California
$10.1M -$2.61M -10,120 -23%
CWG
234
Cornerstone Wealth Group
North Carolina
$10.1M +$3M +11,647 +52%
Mercer Global Advisors
235
Mercer Global Advisors
Colorado
$9.85M -$2.02M -7,847 -19%
QCM
236
QRG Capital Management
Illinois
$9.65M -$2.86M -11,115 -25%
Comerica Bank
237
Comerica Bank
Texas
$9.61M -$68.8K -267 -0.8%
SG
238
Sienna Gestion
France
$9.59M +$8.39M +32,546 New
TPCM
239
Two Point Capital Management
New York
$9.59M +$113K +440 +1%
NC
240
NewSquare Capital
Pennsylvania
$9.5M +$139K +539 +2%
MIM
241
MetLife Investment Management
New Jersey
$9.4M -$645K -2,502 -7%
OSAM
242
O'Shaughnessy Asset Management
Connecticut
$9.36M +$1.22M +4,748 +18%
LS
243
Livforsakringsbolaget Skandia
Sweden
$9.11M
MDCM
244
Morgan Dempsey Capital Management
Wisconsin
$9.03M -$783K -3,040 -9%
IHL
245
Investment House LLC
California
$8.95M +$1.54M +5,971 +24%
CFG
246
Citizens Financial Group
Rhode Island
$8.95M -$95.1K -369 -1%
ERP
247
Eldred Rock Partners
Texas
$8.94M +$78.1K +303 +1%
Retirement Systems of Alabama
248
Retirement Systems of Alabama
Alabama
$8.86M -$299K -1,159 -4%
COPPSERS
249
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$8.82M -$289K -1,122 -4%
Cambridge Investment Research Advisors
250
Cambridge Investment Research Advisors
Iowa
$8.78M -$1.56M -6,049 -17%

CMI Hedge Fund Activity: Q1 2024 in Review

1,371 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q1 2024, worth a combined $34.7B — up 20% from $28.9B a quarter earlier.

Buyers outnumbered sellers: 151 funds opened new CMI positions and 130 closed out — a net gain of 21 holders — while 436 added to existing stakes and 580 trimmed.

The largest buyer was Pacer Advisors, adding an estimated $374M. The largest seller was Morgan Stanley, cutting an estimated $539M.

  • 1,371 institutional investors held Cummins (CMI) as of Q1 2024, up from 1,366 in Q4 2023.
  • Funds reported $34.7B of Cummins stock for Q1 2024, up 20% quarter-over-quarter.
  • 151 funds opened new Cummins positions in Q1 2024 and 130 closed out, a net change of +21 holders.
  • The largest Cummins buyer in Q1 2024 was Pacer Advisors, an estimated $374M added.
  • The largest Cummins seller in Q1 2024 was Morgan Stanley, an estimated $539M sold.

Based on aggregated 13F filings for Q1 2024.