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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
SNBOSD
476
Security National Bank of So Dak
Iowa
$2.32M -$28.3K -110 -1%
MA
477
Montag & Associates
Georgia
$2.32M +$1.98M +7,684 +4,317%
HWAM
478
Hennion & Walsh Asset Management
New Jersey
$2.3M -$1.2M -4,655 -37%
BC
479
Burney Company
Virginia
$2.3M -$1.05M -4,089 -34%
FC
480
Forte Capital
New York
$2.29M -$146K -566 -7%
LAM
481
LECAP Asset Management
United Kingdom
$2.28M -$896K -3,476 -31%
GT
482
Greenleaf Trust
Michigan
$2.27M +$10.3K +40 +0.5%
UIM
483
USS Investment Management
United Kingdom
$2.27M -$673K -2,610 -25%
VCA
484
Verdence Capital Advisors
Maryland
$2.24M -$68.3K -265 -3%
MCC
485
Money Concepts Capital
Florida
$2.24M +$24.5K +95 +1%
IA
486
IFG Advisory
Georgia
$2.24M -$424K -1,645 -18%
WCBA
487
Weaver C. Barksdale & Associates
Tennessee
$2.24M -$10.1K -39 -0.5%
Temasek Holdings
488
Temasek Holdings
Singapore
$2.21M
LG
489
Leuthold Group
Minnesota
$2.19M -$258 -1 -0%
LNWWM
490
Laird Norton Wetherby Wealth Management
California
$2.18M -$1.55K -6 -0.1%
LIM
491
Loudon Investment Management
New Hampshire
$2.17M
TCM
492
Traynor Capital Management
Pennsylvania
$2.16M +$275K +1,068 +17%
HNB
493
Huntington National Bank
Ohio
$2.16M -$294K -1,139 -13%
CIA
494
Cascade Investment Advisors
Oregon
$2.11M -$39.7K -154 -2%
BLC
495
Brown, Lisle/Cummings
Rhode Island
$2.11M
PCIA
496
Prime Capital Investment Advisors
Kansas
$2.11M -$130K -503 -7%
NMERB
497
New Mexico Educational Retirement Board
New Mexico
$2.11M -$51.5K -200 -3%
PA
498
Parallel Advisors
California
$2.1M -$155K -600 -8%
SO
499
STRS Ohio
Ohio
$2.09M -$355K -1,379 -16%
BFC
500
Bedel Financial Consulting
Indiana
$2.08M -$5.41K -21 -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.