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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
WS
926
Wela Strategies
Georgia
$428K -$43.6K -169 -10%
PT
927
Plimoth Trust
Massachusetts
$428K -$3.87K -15 -1%
HIIFS
928
Harel Insurance Investments & Financial Services
Israel
$426K -$57.5K -223 -13%
WWS
929
Wellington Wealth Strategies
Indiana
$425K +$372K +1,442 New
FFA
930
Founders Financial Alliance
North Carolina
$422K +$369K +1,432 New
CJ
931
Caitlin John
Michigan
$420K +$15.5K +60 +4%
AO
932
Advisor OS
Illinois
$420K +$33.5K +130 +10%
WDA
933
Wendell David Associates
New Hampshire
$419K -$20.6K -80 -5%
PA
934
Procyon Advisors
Connecticut
$417K -$18K -70 -5%
ST
935
Sageworth Trust
Pennsylvania
$415K
SSWM
936
Smith Salley Wealth Management
North Carolina
$414K -$2.83K -11 -0.8%
TC
937
Torno Capital
Massachusetts
$413K +$361K +1,400 New
EWM
938
Evercore Wealth Management
New York
$408K -$3.61K -14 -1%
DBIA
939
Dumont & Blake Investment Advisors
New Jersey
$408K +$1.29K +5 +0.4%
WPP
940
Whalerock Point Partners
Rhode Island
$408K
BHBT
941
Burke & Herbert Bank & Trust
Virginia
$404K -$29.4K -114 -8%
SI
942
Stephens Inc
Arkansas
$401K -$25K -97 -7%
GF
943
Gabelli Funds
New York
$399K
BAM
944
Belpointe Asset Management
Nevada
$399K -$16K -62 -4%
KL
945
KilterHowling LLC
Colorado
$399K
SSWG
946
Seven Springs Wealth Group
Tennessee
$399K +$515 +2 +0.1%
MCP
947
Mirador Capital Partners
California
$398K -$11.9K -46 -3%
MSFS
948
Main Street Financial Solutions
Pennsylvania
$395K +$22.4K +87 +7%
Capstone Investment Advisors
949
Capstone Investment Advisors
New York
$394K +$344K +1,336 New
VNA
950
Valley National Advisers
Pennsylvania
$390K -$15.5K -60 -4%

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.