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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
FC
576
Forte Capital
New York
$930K -$79.9K -401 -8%
RWA
577
Ropes Wealth Advisors
Massachusetts
$923K -$59K -296 -6%
BFG
578
Beacon Financial Group
Texas
$923K -$17.5K -88 -2%
OFS
579
Orrstown Financial Services
Pennsylvania
$917K -$106K -531 -11%
Carson Wealth (CWM LLC)
580
Carson Wealth (CWM LLC)
Nebraska
$916K
KLC
581
Knowledge Leaders Capital
Colorado
$915K +$863K +4,332 New
OBGC
582
O'Brien Greene & Co
Pennsylvania
$908K -$20.7K -104 -2%
HI
583
Horizon Investments
North Carolina
$893K -$840K -4,218 -50%
FL
584
Fort LP
Maryland
$893K -$296K -1,487 -26%
VNA
585
Valley National Advisers
Pennsylvania
$893K -$40.2K -202 -5%
IPW
586
Inlet Private Wealth
Florida
$891K
IA
587
IFG Advisory
Georgia
$888K -$125K -627 -13%
CBN
588
Cadence Bank NA
Texas
$883K +$55.2K +277 +7%
RWM
589
Ritholtz Wealth Management
New York
$883K +$151K +756 +22%
EI
590
EDMP Inc
Florida
$878K -$83.5K -419 -9%
Impax Asset Management Group
591
Impax Asset Management Group
United Kingdom
$876K +$50.4K +253 +6%
NWP
592
Northstar Wealth Partners
Connecticut
$868K +$72.5K +364 +10%
AUB
593
Atlantic Union Bankshares
Virginia
$866K -$29.9K -150 -4%
SG Americas Securities
594
SG Americas Securities
New York
$866K +$141K +707 +21%
MA
595
MUFG Americas
New York
$865K
SFG
596
SevenBridge Financial Group
Pennsylvania
$841K -$25.1K -126 -3%
FLPIM
597
F.L. Putnam Investment Management
Massachusetts
$841K +$29.1K +146 +4%
EFS
598
Essex Financial Services
Connecticut
$833K +$209K +1,050 +36%
ABC
599
Associated Banc-Corp
Wisconsin
$818K +$128K +641 +20%
KRSITF
600
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$817K +$47.8K +240 +7%

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.