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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
HC
726
Hendley & Co
Ohio
$422K +$398K +2,000 New
ADL
727
Asset Dedication LLC
California
$420K +$62.2K +312 +19%
CG
728
Caprock Group
Idaho
$416K -$85.9K -431 -18%
CCP
729
Corient Capital Partners
California
$415K -$9.16K -46 -2%
WIS
730
Wright Investors Service
Connecticut
$415K +$10.4K +52 +3%
AC
731
Allstate Corporation
Illinois
$413K +$33.9K +170 +10%
BP
732
Ballentine Partners
Massachusetts
$411K +$14.1K +71 +4%
Lido Advisors
733
Lido Advisors
California
$411K +$388K +1,946 New
GVAG
734
Great Valley Advisor Group
Delaware
$407K -$26.5K -133 -6%
KPW
735
Kore Private Wealth
New York
$407K +$797 +4 +0.2%
PAS
736
Park Avenue Securities
New York
$407K +$33.7K +169 +10%
FCFC
737
First Citizens Financial Corp
Iowa
$401K
KFA
738
Krane Funds Advisors
New York
$397K -$68.1K -342 -15%
AssetMark Inc
739
AssetMark Inc
California
$395K -$3.79K -19 -1%
TSW
740
Thompson Siegel & Walmsley
Virginia
$395K
MCM
741
MAI Capital Management
Ohio
$393K +$370K +1,859 New
WANY
742
Wealthspire Advisors (New York)
New York
$390K +$23.5K +118 +7%
KLCM
743
KG&L Capital Management
Louisiana
$389K -$798K -4,008 -68%
CC
744
Centiva Capital
New York
$389K -$697K -3,500 -66%
CFN
745
Cordasco Financial Network
Florida
$389K -$19.9K -100 -5%
CP
746
Covenant Partners
Tennessee
$389K +$13.3K +67 +4%
FHB
747
First Hawaiian Bank
Hawaii
$388K -$122K -610 -25%
MC
748
Moors & Cabot
Massachusetts
$388K +$76.7K +385 +26%
SSWG
749
Seven Springs Wealth Group
Tennessee
$387K -$33.3K -167 -8%
Jacobs Levy Equity Management
750
Jacobs Levy Equity Management
New Jersey
$386K -$39.8K -200 -10%

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.