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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
1101
Colonial Trust Advisors
South Carolina
$250K -$3.61K -14 -2%
NCM
1102
Neumann Capital Management
California
$250K +$219K +850 New
KCM
1103
Kanawha Capital Management
Virginia
$250K +$258 +1 +0.1%
RDWM
1104
Red Door Wealth Management
Tennessee
$250K +$219K +849 New
SAM
1105
Smartleaf Asset Management
Massachusetts
$250K +$203K +789 +1,360%
CPIG
1106
Chicago Partners Investment Group
Illinois
$249K +$220K +852 New
WA
1107
Waddell & Associates
Tennessee
$248K
WFAG
1108
Wescott Financial Advisory Group
Pennsylvania
$247K +$216K +839 New
SCM
1109
Shelton Capital Management
Colorado
$247K
FFP
1110
FourThought Financial Partners
Florida
$246K +$215K +836 New
FCH
1111
Freestone Capital Holdings
Washington
$246K -$19.1K -74 -8%
BIC
1112
Beach Investment Counsel
Pennsylvania
$246K
MLIC
1113
Mandatum Life Insurance Company
Finland
$245K -$20.1K -78 -9%
AWA
1114
Aaron Wealth Advisors
Illinois
$243K -$24K -93 -10%
SIM
1115
Sentry Investment Management
Wisconsin
$243K +$213K +826 New
MIM
1116
Morningstar Investment Management
Illinois
$241K +$211K +817 New
MWP
1117
Madison Wealth Partners
Wisconsin
$241K +$211K +818 New
HIA
1118
Harbor Investment Advisory
Maryland
$241K
JC
1119
JB Capital
Connecticut
$240K +$210K +815 New
IF
1120
Intrua Financial
Texas
$240K -$17K -66 -7%
APA
1121
Astoria Portfolio Advisors
New York
$238K -$51.8K -201 -20%
TVAMP
1122
Tennessee Valley Asset Management Partners
Tennessee
$237K -$2.32K -9 -1%
AC
1123
Avestar Capital
New York
$236K +$206K +800 New
ClearBridge Investments
1124
ClearBridge Investments
New York
$236K +$206K +800 New
AIM
1125
Anchor Investment Management
South Carolina
$235K -$9.02K -35 -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.