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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
EM
601
ELCO Management
New York
$812K
EWM
602
Empirical Wealth Management
Washington
$795K -$21.7K -109 -3%
BHBT
603
Burke & Herbert Bank & Trust
Virginia
$792K +$48K +241 +7%
IP
604
Intellectus Partners
California
$791K -$111K -559 -13%
MWM
605
Mission Wealth Management
California
$790K +$996 +5 +0.1%
PA
606
Parallel Advisors
California
$789K +$1.2K +6 +0.2%
CAG
607
Csenge Advisory Group
Florida
$778K +$94.4K +474 +15%
AI
608
ArchPoint Investors
Florida
$778K +$147K +740 +25%
BOH
609
Bank of Hawaii
Hawaii
$768K +$5.78K +29 +0.8%
HAM
610
Hammer Asset Management
California
$766K -$429K -2,153 -37%
CT
611
Coastline Trust
Rhode Island
$765K -$106K -530 -13%
O
612
Ossiam
France
$753K -$598K -3,003 -46%
ANRIA
613
American National Registered Investment Advisor
Texas
$751K
SOAMC
614
Spirit of America Management Corp
New York
$750K +$49.8K +250 +8%
FI
615
Fosun International
China
$745K
V
616
Veritable
Delaware
$734K -$6.18K -31 -0.9%
CC
617
Cannell & Co
New York
$732K
AF
618
Advisornet Financial
Minnesota
$731K -$7.77K -39 -1%
WKWM
619
Walter & Keenan Wealth Management
Indiana
$726K -$199K -1,000 -23%
BRWA
620
B. Riley Wealth Advisors
Florida
$721K +$44.2K +222 +7%
MCA
621
Morris Capital Advisors
Pennsylvania
$717K -$20.1K -101 -3%
DCM
622
Dupont Capital Management
Delaware
$715K -$441K -2,215 -40%
ANBT
623
American National Bank & Trust
Texas
$711K +$7.97K +40 +1%
MS
624
Madden Securities
Texas
$698K -$21.9K -110 -3%
MBT
625
Montecito Bank & Trust
California
$693K -$24.7K -124 -4%

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.