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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
SFP
851
Shepherd Financial Partners
Massachusetts
$530K +$5.15K +20 +1%
VI
852
Versor Investments
New York
$530K +$25.3K +98 +6%
DAS
853
Diversify Advisory Services
Utah
$526K +$461K +1,787 New
MMG
854
Monetary Management Group
Missouri
$526K
KFA
855
Krane Funds Advisors
New York
$524K -$79.9K -310 -15%
FTWA
856
Fifth Third Wealth Advisors
Ohio
$519K +$38.9K +151 +9%
A
857
AlphaQuest
New York
$519K -$39.9K -155 -8%
Kayne Anderson Rudnick Investment Management
858
Kayne Anderson Rudnick Investment Management
California
$516K +$445K +1,726 +6,904%
1SB
859
1ST Source Bank
Indiana
$515K
DAS
860
Dynamic Advisor Solutions
Arizona
$515K +$21.9K +85 +5%
CWM
861
Concentric Wealth Management
California
$510K +$77.3K +300 +21%
TSW
862
Thompson Siegel & Walmsley
Virginia
$507K
IIM
863
INTECH Investment Management
Florida
$506K -$710K -2,756 -62%
EWM
864
Empirical Wealth Management
Washington
$506K -$11.3K -44 -2%
ATWA
865
Arbor Trust Wealth Advisors
Michigan
$505K -$25.8K -100 -6%
AGA
866
Arkos Global Advisors
Texas
$503K +$440K +1,708 New
CAG
867
Crestwood Advisors Group
Massachusetts
$502K -$29.6K -115 -6%
IFG
868
Independent Financial Group
California
$501K +$77.1K +299 +21%
EHC
869
Everett Harris & Co
California
$501K +$6.44K +25 +1%
SIMG
870
Sonora Investment Management Group
Arizona
$498K
SPA
871
Sherbrooke Park Advisers
New York
$495K -$717K -2,784 -62%
CG
872
Caprock Group
Idaho
$495K +$41.7K +162 +11%
TWM
873
Thrive Wealth Management
Pennsylvania
$494K -$53.3K -207 -11%
AIA
874
Alera Investment Advisors
Illinois
$492K -$7.73K -30 -2%
ACP
875
Aviance Capital Partners
Florida
$492K -$103K -400 -19%

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.