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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
AIA
51
Avalon Investment & Advisory
Texas
$86.3M +$9.8M +49,180 +14%
Lord, Abbett & Co
52
Lord, Abbett & Co
New Jersey
$86.2M -$2.75M -13,808 -3%
CS
53
Credit Suisse
Switzerland
$86.1M -$269M -1,350,443 -77%
Victory Capital Management
54
Victory Capital Management
Texas
$81.9M -$15.3M -76,660 -17%
VOYA Investment Management
55
VOYA Investment Management
Georgia
$81M -$12.5M -62,696 -14%
RhumbLine Advisers
56
RhumbLine Advisers
Massachusetts
$76M -$331K -1,663 -0.5%
Bank of Montreal
57
Bank of Montreal
Ontario, Canada
$74.1M -$11.5M -57,899 -14%
ASC
58
Atalanta Sosnoff Capital
New York
$73.9M +$30.5M +153,154 +78%
Citigroup
59
Citigroup
New York
$72M +$1.88M +9,440 +3%
California Public Employees Retirement System
60
California Public Employees Retirement System
California
$71.7M +$1.27M +6,396 +2%
California State Teachers Retirement System (CalSTRS)
61
California State Teachers Retirement System (CalSTRS)
California
$66.9M +$800K +4,015 +1%
EARNEST Partners
62
EARNEST Partners
Georgia
$64.5M -$19.7M -98,703 -24%
HSBC Holdings
63
HSBC Holdings
United Kingdom
$63M +$3.97M +19,924 +7%
Allianz Asset Management
64
Allianz Asset Management
Germany
$62.3M +$19.1M +95,994 +48%
HCM
65
Hamlin Capital Management
New York
$60.4M +$8.01M +40,183 +16%
OSAM
66
O'Shaughnessy Asset Management
Connecticut
$60.2M +$15M +75,160 +36%
PI
67
PGGM Investments
Netherlands
$59.9M
AG
68
Aperio Group
California
$58M +$1.76M +8,842 +3%
New York State Common Retirement Fund
69
New York State Common Retirement Fund
New York
$56.8M -$5.56M -27,900 -9%
CVA
70
Ceredex Value Advisors
Florida
$56.3M +$53.1M +266,425 New
AllianceBernstein
71
AllianceBernstein
Tennessee
$54.5M +$917K +4,601 +2%
APG Asset Management
72
APG Asset Management
Netherlands
$52.5M -$2.25M -11,300 -4%
PAM
73
Panagora Asset Management
Massachusetts
$51M -$9.29M -46,618 -16%
GLA
74
Great Lakes Advisors
Illinois
$49.5M -$11.1M -55,636 -19%
Russell Investments Group
75
Russell Investments Group
United Kingdom
$49.2M -$4.66M -23,380 -9%

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.