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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
Cohen & Steers
1051
Cohen & Steers
New York
$288K -$5.72K -20 -2%
CWP
1052
Cyndeo Wealth Partners
Florida
$287K +$296K +1,037 New
AWM
1053
Angeles Wealth Management
California
$286K +$15.4K +54 +6%
PWPS
1054
Pinnacle Wealth Planning Services
Ohio
$286K +$14.3K +50 +5%
FCI
1055
Financial Counselors Inc
Kansas
$284K +$5.72K +20 +2%
BIC
1056
Beach Investment Counsel
Pennsylvania
$284K
SVWAG
1057
Sound View Wealth Advisors Group
Georgia
$282K +$286 +1 +0.1%
CSPIA
1058
Cary Street Partners Investment Advisory
Virginia
$282K +$18.3K +64 +7%
BCG
1059
Breakwater Capital Group
New Jersey
$281K
BBNB
1060
Baker Boyer National Bank
Washington
$281K -$419K -1,465 -59%
LOPW
1061
Live Oak Private Wealth
North Carolina
$280K
WE
1062
Wealth Effects
Massachusetts
$280K
FC
1063
Fulcrum Capital
Washington
$277K
HWA
1064
Heartwood Wealth Advisors
Virginia
$277K
NFC
1065
Northeast Financial Consultants
Connecticut
$277K -$574K -2,009 -67%
CIA
1066
Cladis Investment Advisory
Montana
$277K
GI
1067
GS Investments
Minnesota
$277K
NCM
1068
Neumann Capital Management
California
$277K +$42.9K +150 +18%
SM
1069
Sweeney & Michel
California
$277K
CB
1070
Chris Bulman
California
$276K +$285K +998 New
OR
1071
Olympiad Research
Connecticut
$273K +$282K +987 New
QCIG
1072
Quad-Cities Investment Group
Iowa
$273K +$286 +1 +0.1%
CFCI
1073
Comprehensive Financial Consultants Institutional
Indiana
$273K -$16K -56 -5%
CRI
1074
Colonial River Investments
Virginia
$273K -$10K -35 -3%
AWM
1075
Axxcess Wealth Management
California
$273K +$281K +985 New

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.