Cummins
CMI
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.
157% more funds holding in top 10
Funds holding in top 10: 7 → 18 (+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: 1,366 → 1,371 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$374M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$182M |
| 3 |
Two Sigma Investments
New York
|
+$156M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$156M |
| 5 |
Two Sigma Advisers
New York
|
+$135M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$539M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$280M |
| 3 |
Jane Street
New York
|
-$176M |
| 4 |
Goldman Sachs
New York
|
-$102M |
| 5 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$79.7M |
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.