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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
SBF
701
Sara-Bay Financial
Florida
$489K +$9.56K +48 +2%
PIM
702
Penobscot Investment Management
Massachusetts
$481K
SYBT
703
Stock Yards Bank & Trust
Kentucky
$479K +$118K +590 +35%
SBL
704
Sargent Bickham Lagudis
Colorado
$478K +$24.3K +122 +6%
PTC
705
Philadelphia Trust Company
Pennsylvania
$474K +$2.99K +15 +0.7%
WCM
706
Whitener Capital Management
North Carolina
$469K +$115K +575 +35%
FWM
707
Frontier Wealth Management
Missouri
$467K -$16.9K -85 -4%
GWM
708
GSB Wealth Management
Connecticut
$465K
JF
709
Jump Financial
Illinois
$465K +$439K +2,204 New
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
710
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$459K +$303K +1,519 +232%
RCAG
711
Rehmann Capital Advisory Group
Michigan
$458K -$765K -3,840 -64%
EWM
712
Evermay Wealth Management
Virginia
$456K -$29.9K -150 -6%
FT
713
Fiduciary Trust
Massachusetts
$455K -$21.3K -107 -5%
WAM
714
Wealthspire Advisors (Maryland)
Maryland
$454K +$34.3K +172 +9%
CCA
715
Checchi Capital Advisers
California
$453K +$30.7K +154 +8%
FRM
716
Fox Run Management
Connecticut
$453K +$125K +627 +41%
CAW
717
Cornerstone Advisors (Washington)
Washington
$451K +$7.17K +36 +2%
RWA
718
River Wealth Advisors
Pennsylvania
$450K -$44.8K -225 -10%
ALAM
719
Asahi Life Asset Management
Japan
$437K +$412K +2,070 New
NQWM
720
Northwest Quadrant Wealth Management
Oregon
$434K -$1.79K -9 -0.4%
PA
721
Profund Advisors
Maryland
$433K -$4.58K -23 -1%
AW
722
Alpha Windward
Massachusetts
$430K -$231K -1,158 -36%
HCM
723
HMS Capital Management
Tennessee
$430K -$34.3K -172 -8%
FPCG
724
Fort Pitt Capital Group
Pennsylvania
$422K -$75.7K -380 -16%
ACM
725
Alethea Capital Management
Washington
$422K

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.