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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
CAM
801
CenterStar Asset Management
Illinois
$629K +$550K +2,134 New
ESB
802
Essex Savings Bank
Connecticut
$626K
CT
803
Coastline Trust
Rhode Island
$624K -$23.5K -91 -4%
NP
804
Nilsine Partners
Colorado
$624K -$1.55K -6 -0.3%
MFC
805
Mechanics Financial Corp
Ohio
$623K +$15.7K +61 +3%
JIC
806
Joel Isaacson & Co
New York
$622K
LFG
807
Larson Financial Group
Missouri
$621K +$12.1K +47 +2%
BAM
808
Blueshift Asset Management
New Jersey
$615K -$493K -1,914 -48%
PP
809
Patron Partners
Texas
$615K +$6.44K +25 +1%
CD
810
Chapin Davis
Maryland
$613K -$20.6K -80 -4%
EWM
811
EPG Wealth Management
Georgia
$612K -$19.8K -77 -4%
Parallax Volatility Advisers
812
Parallax Volatility Advisers
California
$611K -$1.15M -4,480 -68%
OIM
813
Oder Investment Management
California
$610K
NL
814
NWAM LLC
Washington
$607K +$258 +1 +0%
UCI
815
Uncommon Cents Investing
Wisconsin
$606K -$1.29K -5 -0.2%
DIA
816
Dean Investment Associates
Ohio
$605K -$30.9K -120 -6%
BIA
817
Beacon Investment Advisors
Maryland
$604K +$9.28K +36 +2%
TSWM
818
Triangle Securities Wealth Management
North Carolina
$594K +$520K +2,017 New
IAP
819
Indie Asset Partners
Indiana
$592K +$258 +1 +0%
AB
820
Atlas Brown
Kentucky
$589K
IA
821
IFP Advisors
Florida
$589K -$36.1K -140 -7%
PTC
822
Private Trust Company
Ohio
$588K -$16.2K -63 -3%
NHC
823
Nicholas Hoffman & Company
Georgia
$588K +$1.29K +5 +0.3%
FCCM
824
First City Capital Management
Georgia
$583K -$16.2K -63 -3%
EBWM
825
Eagle Bluffs Wealth Management
Missouri
$582K -$1.08M -4,184 -68%

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.