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1,077 hedge funds and large institutions have $25.8B invested in Cummins in 2020 Q3 according to their latest regulatory filings, with 135 funds opening new positions, 351 increasing their positions, 435 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more first-time investments, than exits

New positions opened: 135 | Existing positions closed: 61

92% more funds holding in top 10

Funds holding in top 10: 1325 (+12)

19% more capital invested

Capital invested by funds: $21.6B → $25.8B (+$4.19B)

7% more funds holding

Funds holding: 1,0111,077 (+66)

1.7% less ownership

Funds ownership: 84.5%82.8% (-1.7%)

14% less call options, than puts

Call options by funds: $255M | Put options by funds: $296M

19% less repeat investments, than reductions

Existing positions increased: 351 | Existing positions reduced: 435

Holders
1,077
Holders Change
+66
Holders Change %
+6.53%
% of All Funds
21.73%
Holding in Top 10
25
Holding in Top 10 Change
+12
Holding in Top 10 Change %
+92.31%
% of All Funds
0.5%
New
135
Increased
351
Reduced
435
Closed
61
Calls
$255M
Puts
$296M
Net Calls
-$41.5M
Net Calls Change
-$40M
Name Holding Trade Value Shares
Change
Change in
Stake
HA
526
Harfst & Associates
Wyoming
$1.2M -$26.1K -131 -2%
DF
527
Donoghue Forlines
Massachusetts
$1.19M +$1.13M +5,651 New
D.E. Shaw & Co
528
D.E. Shaw & Co
New York
$1.19M -$10.8M -53,995 -91%
AF
529
Arrow Financial
New York
$1.17M -$9.56K -48 -0.9%
IEFM
530
IQ EQ Fund Management
Ireland
$1.16M
NFG
531
NewFocus Financial Group
Washington
$1.13M +$313K +1,572 +42%
SIC
532
SFE Investment Counsel
California
$1.13M -$2.71M -13,602 -72%
HWM
533
Hohimer Wealth Management
Washington
$1.12M -$124K -620 -11%
AWM
534
AE Wealth Management
Kansas
$1.12M +$7.97K +40 +0.8%
SC
535
Scotia Capital
Ontario, Canada
$1.12M +$24.3K +122 +2%
EVM
536
Eaton Vance Management
Massachusetts
$1.11M -$1.4K -7 -0.1%
MAM
537
Martingale Asset Management
Massachusetts
$1.1M -$1.78M -8,913 -63%
SFP
538
Shepherd Financial Partners
Massachusetts
$1.1M +$71.7K +360 +7%
ACM
539
AlphaCrest Capital Management
New York
$1.09M +$313K +1,570 +43%
Wealthfront Advisers
540
Wealthfront Advisers
California
$1.09M +$70.9K +356 +7%
AP
541
Advisor Partners
California
$1.09M -$19.3K -97 -2%
RCA
542
Ranch Capital Advisors
Florida
$1.09M -$12.2K -61 -1%
VWM
543
Venturi Wealth Management
Texas
$1.09M +$502K +2,518 +96%
FG
544
Fiduciary Group
Georgia
$1.08M +$12K +60 +1%
GIA
545
GHP Investment Advisors
Colorado
$1.08M +$32.9K +165 +3%
TA
546
TFG Advisers
Michigan
$1.08M -$21.3K -107 -2%
KAS
547
Kestra Advisory Services
Texas
$1.08M +$15.5K +78 New
RIM
548
Redpoint Investment Management
Australia
$1.07M -$2.65M -13,295 -72%
RJT
549
Raymond James Trust
Florida
$1.07M -$96.8K -486 -9%
MFW
550
Meristem Family Wealth
Minnesota
$1.06M

CMI Hedge Fund Activity: Q3 2020 in Review

1,077 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q3 2020, worth a combined $25.8B — up 19% from $21.6B a quarter earlier.

Buyers outnumbered sellers: 135 funds opened new CMI positions and 61 closed out — a net gain of 74 holders — while 351 added to existing stakes and 435 trimmed.

The largest buyer was Franklin Resources, adding an estimated $339M. The largest seller was Credit Suisse, cutting an estimated $269M.

  • 1,077 institutional investors held Cummins (CMI) as of Q3 2020, up from 1,011 in Q2 2020.
  • Funds reported $25.8B of Cummins stock for Q3 2020, up 19% quarter-over-quarter.
  • 135 funds opened new Cummins positions in Q3 2020 and 61 closed out, a net change of +74 holders.
  • The largest Cummins buyer in Q3 2020 was Franklin Resources, an estimated $339M added.
  • The largest Cummins seller in Q3 2020 was Credit Suisse, an estimated $269M sold.

Based on aggregated 13F filings for Q3 2020.