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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
RFC
401
Regions Financial Corp
Alabama
$3.54M +$225K +872 +8%
VWM
402
Valley Wealth Managers
New Jersey
$3.47M -$1.22M -4,728 -29%
DILIC
403
Dai-ichi Life Insurance Company
Japan
$3.46M -$75.5K -293 -2%
Rafferty Asset Management
404
Rafferty Asset Management
New York
$3.46M -$35.3K -137 -1%
MWM
405
Moran Wealth Management
Florida
$3.45M +$7.99K +31 +0.3%
AWS
406
Atria Wealth Solutions
New York
$3.44M -$86.6K -336 -3%
FB
407
Fulton Bank
Pennsylvania
$3.43M +$185K +719 +7%
OPERF
408
Oregon Public Employees Retirement Fund
Oregon
$3.41M -$3.69M -14,320 -55%
XF
409
XML Financial
Maryland
$3.39M -$1.29M -5,022 -30%
SW
410
Simplicity Wealth
New Jersey
$3.38M +$2.37M +9,212 +411%
EAM
411
Eukles Asset Management
Ohio
$3.36M +$67.8K +263 +2%
CB
412
Community Bank
New York
$3.34M -$10.6K -41 -0.4%
MPWT
413
MassMutual Private Wealth & Trust
Connecticut
$3.33M +$252K +976 +9%
LA
414
Lifeworks Advisors
Michigan
$3.29M +$657K +2,549 +30%
TI
415
Tidal Investments
Wisconsin
$3.23M -$862K -3,345 -23%
UA
416
Unison Advisors
District of Columbia
$3.22M +$17.3K +67 +0.6%
SC
417
Scotia Capital
Ontario, Canada
$3.2M -$773 -3 -0%
JCM
418
Jacobi Capital Management
Pennsylvania
$3.19M +$39.4K +153 +1%
SC
419
Savant Capital
Illinois
$3.18M +$1.48M +5,759 +114%
CS
420
Candriam SCA
Luxembourg
$3.18M +$71.9K +279 +3%
KRS
421
Kentucky Retirement Systems
Kentucky
$3.17M -$147K -572 -5%
USCWA
422
U.S. Capital Wealth Advisors
Texas
$3.13M -$867K -3,366 -24%
Wolverine Trading
423
Wolverine Trading
Illinois
$3.13M -$5.85M -22,704 -68%
NC
424
NovaPoint Capital
Georgia
$3.12M -$271K -1,053 -9%
RBC
425
Romano Brothers & Co
Illinois
$3.11M -$8.76K -34 -0.3%

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.