Cummins
1,366 hedge funds and large institutions have $28.9B invested in Cummins in 2023 Q4 according to their latest regulatory filings, with 212 funds opening new positions, 443 increasing their positions, 496 reducing their positions, and 53 closing their positions.
300% more first-time investments, than exits
New positions opened: 212 | Existing positions closed: 53
96% more call options, than puts
Call options by funds: $543M | Put options by funds: $277M
11% more funds holding
Funds holding: 1,231 → 1,366 (+135)
7% more capital invested
Capital invested by funds: $27B → $28.9B (+$1.89B)
1.8% more ownership
Funds ownership: 83.21% → 85.01% (+1.8%)
11% less repeat investments, than reductions
Existing positions increased: 443 | Existing positions reduced: 496
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$513M |
| 2 |
Jane Street
New York
|
+$177M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$64.4M |
| 4 |
Goldman Sachs
New York
|
+$56.7M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$55.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$504M |
| 2 |
F
FIFTHDELTA
London,
United Kingdom
|
-$93M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$92.9M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$74.6M |
| 5 |
BlackRock
New York
|
-$72.8M |
CMI Hedge Fund Activity: Q4 2023 in Review
1,366 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q4 2023, worth a combined $28.9B — up 7% from $27B a quarter earlier.
Buyers outnumbered sellers: 212 funds opened new CMI positions and 53 closed out — a net gain of 159 holders — while 443 added to existing stakes and 496 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $513M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $504M sold.
- 1,366 institutional investors held Cummins (CMI) as of Q4 2023, up from 1,231 in Q3 2023.
- Funds reported $28.9B of Cummins stock for Q4 2023, up 7% quarter-over-quarter.
- 212 funds opened new Cummins positions in Q4 2023 and 53 closed out, a net change of +159 holders.
- The largest Cummins buyer in Q4 2023 was Morgan Stanley, an estimated $513M added.
- The largest Cummins seller in Q4 2023 was Capital Research Global Investors, an estimated $504M sold.
Based on aggregated 13F filings for Q4 2023.