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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
CTA
951
Chesley Taft & Associates
Illinois
$389K
FCFC
952
First Commonwealth Financial Corp
Pennsylvania
$389K -$50.8K -197 -13%
LSPW
953
Lake Street Private Wealth
Illinois
$387K -$18K -70 -5%
FNT
954
First Nebraska Trust
Nebraska
$385K +$773 +3 +0.2%
LSAG
955
Lake Street Advisors Group
New Hampshire
$385K -$12.6K -49 -4%
CAM
956
Cidel Asset Management
Ontario, Canada
$385K
NB
957
NBT Bank
New York
$384K
MHIC
958
Marble Harbor Investment Counsel
Massachusetts
$383K
GIA
959
Gladstone Institutional Advisory
Florida
$378K -$144K -557 -30%
BGAI
960
Bruce G. Allen Investments
Colorado
$376K -$1.29K -5 -0.4%
SIG
961
Sky Investment Group
Connecticut
$375K -$56.7K -220 -15%
AWM
962
Atticus Wealth Management
Florida
$372K
CPA
963
Court Place Advisors
Maryland
$369K
CGL
964
Clarius Group LLC
Washington
$367K -$26.3K -102 -8%
NS
965
NBC Securities
Alabama
$366K -$3.61K -14 -1%
QCG
966
Quadrant Capital Group
Ohio
$366K -$37.4K -145 -10%
CM
967
Castleark Management
Illinois
$365K
BCMLT
968
Beacon Capital Management LLC (Tennessee)
Tennessee
$363K +$1.03K +4 +0.3%
LWL
969
Leo Wealth LLC
Texas
$362K +$27.3K +106 +9%
Focus Partners Wealth
970
Focus Partners Wealth
Massachusetts
$360K +$61.1K +237 +24%
KFA
971
Kapstone Financial Advisors
Ohio
$360K
SAM
972
Silvercrest Asset Management
New York
$359K -$515 -2 -0.2%
GI
973
GAMMA Investing
California
$359K +$44.8K +174 +17%
EGA
974
E&G Advisors
Texas
$358K
RIA
975
Regal Investment Advisors
Michigan
$358K -$4.9K -19 -2%

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.