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1,390 hedge funds and large institutions have $32.2B invested in Cummins in 2024 Q2 according to their latest regulatory filings, with 121 funds opening new positions, 521 increasing their positions, 493 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more call options, than puts

Call options by funds: $347M | Put options by funds: $218M

44% more first-time investments, than exits

New positions opened: 121 | Existing positions closed: 84

1.95% more ownership

Funds ownership: 83.04%84.98% (+1.9%)

1% more funds holding

Funds holding: 1,3711,390 (+19)

6% more repeat investments, than reductions

Existing positions increased: 521 | Existing positions reduced: 493

7% less capital invested

Capital invested by funds: $34.7B → $32.2B (-$2.48B)

44% less funds holding in top 10

Funds holding in top 10: 1810 (-8)

Holders
1,390
Holders Change
+19
Holders Change %
+1.39%
% of All Funds
20.07%
Holding in Top 10
10
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-44.44%
% of All Funds
0.14%
New
121
Increased
521
Reduced
493
Closed
84
Calls
$347M
Puts
$218M
Net Calls
+$128M
Net Calls Change
+$158M
Name Holding Trade Value Shares
Change
Change in
Stake
EM
926
Excalibur Management
Massachusetts
$410K -$5.43K -19 -1%
BHPW
927
Beverly Hills Private Wealth
California
$410K -$32.6K -114 -7%
Empower Advisory Group
928
Empower Advisory Group
Colorado
$409K -$31.4K -110 -7%
ZIM
929
Zacks Investment Management
Illinois
$407K +$6K +21 +1%
WSC
930
Wellington Shields & Co
New York
$406K -$343K -1,200 -45%
FIA
931
Foundations Investment Advisors
Arizona
$403K -$37.7K -132 -8%
MWM
932
Modera Wealth Management
New Jersey
$403K -$10.3K -36 -2%
WS
933
Wela Strategies
Georgia
$402K -$286 -1 -0.1%
NB
934
NBT Bank
New York
$401K +$41.4K +145 +11%
CI
935
Cigna Investments
Connecticut
$399K -$7.43K -26 -2%
PT
936
Plimoth Trust
Massachusetts
$395K -$7.14K -25 -2%
CC
937
Corton Capital
Ontario, Canada
$392K +$405K +1,416 New
EH
938
Equitable Holdings
New York
$392K -$40.9K -143 -9%
ST
939
Sageworth Trust
Pennsylvania
$390K
IWA
940
Icon Wealth Advisors
Texas
$388K +$127K +444 +50%
CIC
941
Cutler Investment Counsel
Oregon
$384K +$52.9K +185 +15%
EWM
942
Evercore Wealth Management
New York
$383K
PA
943
Procyon Advisors
Connecticut
$383K -$9.43K -33 -2%
FFA
944
Founders Financial Alliance
North Carolina
$381K -$15.7K -55 -4%
AO
945
Advisor OS
Illinois
$380K -$15.4K -54 -4%
HWA
946
HHM Wealth Advisors
Tennessee
$379K +$359K +1,255 +1,091%
GCM
947
Gallacher Capital Management
Colorado
$379K +$392K +1,370 New
BHBT
948
Burke & Herbert Bank & Trust
Virginia
$378K -$1.72K -6 -0.4%
MSFS
949
Main Street Financial Solutions
Pennsylvania
$377K +$6K +21 +2%
BAM
950
Belpointe Asset Management
Nevada
$376K +$1.43K +5 +0.4%

CMI Hedge Fund Activity: Q2 2024 in Review

1,390 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q2 2024, worth a combined $32.2B — down 7.2% from $34.7B a quarter earlier.

Buyers outnumbered sellers: 121 funds opened new CMI positions and 84 closed out — a net gain of 37 holders — while 521 added to existing stakes and 493 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $313M. The largest seller was Pacer Advisors, cutting an estimated $414M.

  • 1,390 institutional investors held Cummins (CMI) as of Q2 2024, up from 1,371 in Q1 2024.
  • Funds reported $32.2B of Cummins stock for Q2 2024, down 7.2% quarter-over-quarter.
  • 121 funds opened new Cummins positions in Q2 2024 and 84 closed out, a net change of +37 holders.
  • The largest Cummins buyer in Q2 2024 was Morgan Stanley, an estimated $313M added.
  • The largest Cummins seller in Q2 2024 was Pacer Advisors, an estimated $414M sold.

Based on aggregated 13F filings for Q2 2024.