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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
OQS
1151
Occudo Quantitative Strategies
Florida
$208K -$4.42M -17,163 -96%
CWM
1152
Congress Wealth Management
Massachusetts
$208K -$35K -136 -16%
MA
1153
MCF Advisors
Kentucky
$207K
KFA
1154
Kelleher Financial Advisors
New York
$206K
AM
1155
AGF Management
Ontario, Canada
$206K +$180K +700 New
BONST
1156
Bank of Nova Scotia Trust
Ontario, Canada
$206K +$180K +700 New
DWM
1157
Destination Wealth Management
California
$206K +$180K +700 New
VA
1158
Valmark Advisers
Ohio
$204K +$178K +691 New
FA
1159
FDx Advisors
Illinois
$203K +$177K +688 New
MA
1160
MJP Associates
Connecticut
$202K +$177K +686 New
LIM
1161
Leavell Investment Management
Alabama
$202K +$176K +684 New
CFS
1162
CRA Financial Services
New Jersey
$202K +$177K +685 New
CFS
1163
Commonwealth Financial Services
West Virginia
$200K
CAL
1164
Capital Analysts LLC
Pennsylvania
$198K +$258 +1 +0.1%
CIA
1165
Cape Investment Advisory
Georgia
$192K
USB
1166
Union Savings Bank
Connecticut
$190K -$5.67K -22 -3%
EWA
1167
EverSource Wealth Advisors
Alabama
$188K +$82.7K +321 +93%
FFWA
1168
FRG Family Wealth Advisors
Washington
$185K +$169K +655 New
CI Investments Inc
1169
CI Investments Inc
Ontario, Canada
$184K +$58.8K +228 +58%
QC
1170
Quent Capital
New York
$178K +$6.96K +27 +5%
CA
1171
Crewe Advisors
Utah
$168K +$147K +570 New
BCWM
1172
Bartlett & Co Wealth Management
Ohio
$166K -$12.4K -48 -8%
AF
1173
Advisornet Financial
Minnesota
$156K -$7.22K -28 -5%
CSC
1174
Caldwell Sutter Capital
California
$153K -$26K -101 -16%
Bank Julius Baer & Co
1175
Bank Julius Baer & Co
Switzerland
$150K -$515 -2 -0.4%

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.