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1,371 hedge funds and large institutions have $34.7B invested in Cummins in 2024 Q1 according to their latest regulatory filings, with 151 funds opening new positions, 436 increasing their positions, 580 reducing their positions, and 130 closing their positions.

New
Increased
Maintained
Reduced
Closed

157% more funds holding in top 10

Funds holding in top 10: 718 (+11)

20% more capital invested

Capital invested by funds: $28.9B → $34.7B (+$5.81B)

16% more first-time investments, than exits

New positions opened: 151 | Existing positions closed: 130

0% more funds holding

Funds holding: 1,3661,371 (+5)

7% less call options, than puts

Call options by funds: $413M | Put options by funds: $442M

1.98% less ownership

Funds ownership: 85.01%83.04% (-2%)

25% less repeat investments, than reductions

Existing positions increased: 436 | Existing positions reduced: 580

Holders
1,371
Holders Change
+5
Holders Change %
+0.37%
% of All Funds
19.75%
Holding in Top 10
18
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+157.14%
% of All Funds
0.26%
New
151
Increased
436
Reduced
580
Closed
130
Calls
$413M
Puts
$442M
Net Calls
-$29.3M
Net Calls Change
-$295M
Name Holding Trade Value Shares
Change
Change in
Stake
HWM
751
HB Wealth Management
Georgia
$766K +$26K +101 +4%
BFA
752
Beacon Financial Advisory
Ohio
$761K -$5.15K -20 -0.8%
MFG
753
MidWestOne Financial Group
Iowa
$758K
CWS
754
Confluence Wealth Services
Pennsylvania
$756K +$183K +709 +38%
ET
755
Entropy Technologies
New York
$754K -$2.61M -10,122 -80%
GA
756
GoalVest Advisory
New York
$754K +$660K +2,560 New
BWAM
757
Boyd Watterson Asset Management
Ohio
$742K +$15.2K +59 +2%
SCI
758
Silver Coast Investments
United States
$740K -$14.4K -56 -2%
SPC
759
Sigma Planning Corp
Michigan
$738K -$5.93K -23 -0.9%
AIA
760
Affinity Investment Advisors
California
$737K +$644K +2,500 New
SWM
761
Segment Wealth Management
Texas
$734K +$1.55K +6 +0.2%
CAM
762
Cypress Asset Management
Texas
$731K -$47.9K -186 -7%
BBNB
763
Baker Boyer National Bank
Washington
$731K
LAM
764
Lakewood Asset Management
Illinois
$723K +$143K +553 +29%
IAS
765
Investment Advisory Services
Texas
$718K -$21.4K -83 -3%
PP
766
Prudential plc
United Kingdom
$713K -$1.51M -5,864 -71%
TC
767
TownSquare Capital
Utah
$710K -$180K -699 -22%
MA
768
Mutual Advisors
Nebraska
$709K +$74.2K +288 +14%
BHC
769
Bowen Hanes & Co
Florida
$707K
RWP
770
RWA Wealth Partners
Massachusetts
$704K -$5.41K -21 -0.9%
O
771
Ossiam
France
$698K -$396K -1,536 -39%
RA
772
Ransom Advisory
Rhode Island
$698K +$611K +2,369 New
IFWM
773
Institute for Wealth Management
Colorado
$697K +$2.83K +11 +0.5%
WB
774
WesBanco Bank
West Virginia
$697K -$5.15K -20 -0.8%
VVP
775
Venture Visionary Partners
Ohio
$693K -$55.4K -215 -8%

CMI Hedge Fund Activity: Q1 2024 in Review

1,371 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q1 2024, worth a combined $34.7B — up 20% from $28.9B a quarter earlier.

Buyers outnumbered sellers: 151 funds opened new CMI positions and 130 closed out — a net gain of 21 holders — while 436 added to existing stakes and 580 trimmed.

The largest buyer was Pacer Advisors, adding an estimated $374M. The largest seller was Morgan Stanley, cutting an estimated $539M.

  • 1,371 institutional investors held Cummins (CMI) as of Q1 2024, up from 1,366 in Q4 2023.
  • Funds reported $34.7B of Cummins stock for Q1 2024, up 20% quarter-over-quarter.
  • 151 funds opened new Cummins positions in Q1 2024 and 130 closed out, a net change of +21 holders.
  • The largest Cummins buyer in Q1 2024 was Pacer Advisors, an estimated $374M added.
  • The largest Cummins seller in Q1 2024 was Morgan Stanley, an estimated $539M sold.

Based on aggregated 13F filings for Q1 2024.