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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
WS
876
Wela Strategies
Georgia
$235K +$222K +1,115 New
CFGS
877
Concourse Financial Group Securities
Alabama
$233K -$14.5K -73 -6%
BSW
878
Buckingham Strategic Wealth
Missouri
$232K -$20.5K -103 -9%
WFMPM
879
Woodley Farra Manion Portfolio Management
Indiana
$232K -$9.96K -50 -4%
FNBT
880
FineMark National Bank & Trust
Florida
$232K +$219K +1,099 New
PCMC
881
Paragon Capital Management (Colorado)
Colorado
$232K +$219K +1,100 New
IC
882
IEQ Capital
California
$231K +$218K +1,096 New
TWI
883
Thomas White International
Illinois
$230K
First Manhattan
884
First Manhattan
New York
$228K
HB
885
Horizon Bancorp
Indiana
$226K -$11.8K -59 -5%
OAM
886
Oak Asset Management
California
$226K +$201K +1,011 New
BIM
887
Baldwin Investment Management
Pennsylvania
$226K +$213K +1,070 New
CQS
888
Credential Qtrade Securities
$225K +$213K +1,067 New
TC
889
Telemus Capital
Michigan
$225K +$201K +1,010 New
MMHP
890
Murphy Middleton Hinkle & Parker
Georgia
$224K -$19.5K -98 -8%
Jones Financial Companies
891
Jones Financial Companies
Missouri
$223K +$211K +1,057 New
SCA
892
Snowden Capital Advisors
New York
$222K -$215K -1,080 -51%
ACG
893
Allen Capital Group
Nebraska
$221K +$200K +1,003 New
EH
894
Employers Holdings
Nevada
$220K -$199K -999 -49%
WBG
895
Wharton Business Group
Pennsylvania
$219K +$207K +1,039 New
WP
896
WMS Partners
Maryland
$218K +$205K +1,031 New
MFG
897
Magnus Financial Group
New York
$216K -$339K -1,701 -62%
FMB
898
Field & Main Bank
Kentucky
$216K -$9.96K -50 -5%
LIM
899
Leavell Investment Management
Alabama
$216K +$204K +1,024 New
BS
900
Boenning & Scattergood
Pennsylvania
$214K +$202K +1,012 New

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.