Cummins
1,233 hedge funds and large institutions have $30.9B invested in Cummins in 2021 Q1 according to their latest regulatory filings, with 144 funds opening new positions, 438 increasing their positions, 455 reducing their positions, and 72 closing their positions.
100% more first-time investments, than exits
New positions opened: 144 | Existing positions closed: 72
29% more funds holding in top 10
Funds holding in top 10: 14 → 18 (+4)
12% more capital invested
Capital invested by funds: $27.7B → $30.9B (+$3.22B)
5% more funds holding
Funds holding: 1,174 → 1,233 (+59)
9% more call options, than puts
Call options by funds: $261M | Put options by funds: $240M
4% less repeat investments, than reductions
Existing positions increased: 438 | Existing positions reduced: 455
1.54% less ownership
Funds ownership: 82.28% → 80.74% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$190M |
| 2 |
BlackRock
New York
|
+$172M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$149M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$81.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$67.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$310M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$176M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$175M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$140M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$94.4M |
CMI Hedge Fund Activity: Q1 2021 in Review
1,233 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q1 2021, worth a combined $30.9B — up 12% from $27.7B a quarter earlier.
Buyers outnumbered sellers: 144 funds opened new CMI positions and 72 closed out — a net gain of 72 holders — while 438 added to existing stakes and 455 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $190M. The largest seller was Franklin Resources, cutting an estimated $310M.
- 1,233 institutional investors held Cummins (CMI) as of Q1 2021, up from 1,174 in Q4 2020.
- Funds reported $30.9B of Cummins stock for Q1 2021, up 12% quarter-over-quarter.
- 144 funds opened new Cummins positions in Q1 2021 and 72 closed out, a net change of +72 holders.
- The largest Cummins buyer in Q1 2021 was First Trust Advisors, an estimated $190M added.
- The largest Cummins seller in Q1 2021 was Franklin Resources, an estimated $310M sold.
Based on aggregated 13F filings for Q1 2021.