Cummins
971 hedge funds and large institutions have $16.3B invested in Cummins in 2020 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 335 increasing their positions, 425 reducing their positions, and 183 closing their positions.
0.24% more ownership
Funds ownership: 80.65% → 80.89% (+0.24%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
11% less funds holding
Funds holding: 1,093 → 971 (-122)
14% less call options, than puts
Call options by funds: $246M | Put options by funds: $286M
21% less repeat investments, than reductions
Existing positions increased: 335 | Existing positions reduced: 425
26% less capital invested
Capital invested by funds: $22B → $16.3B (-$5.71B)
59% less first-time investments, than exits
New positions opened: 75 | Existing positions closed: 183
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$320M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$76.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$69.6M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$65.1M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$56.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$119M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
-$118M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$75.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$70.6M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$51.9M |
CMI Hedge Fund Activity: Q1 2020 in Review
971 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q1 2020, worth a combined $16.3B — down 26% from $22B a quarter earlier.
Sellers outnumbered buyers: 183 funds closed out of CMI and 75 opened new positions — a net loss of 108 holders — while 425 trimmed existing stakes and 335 added.
The largest buyer was Boston Partners, adding an estimated $320M. The largest seller was AQR Capital Management, cutting an estimated $119M.
- 971 institutional investors held Cummins (CMI) as of Q1 2020, down from 1,093 in Q4 2019.
- Funds reported $16.3B of Cummins stock for Q1 2020, down 26% quarter-over-quarter.
- 75 funds opened new Cummins positions in Q1 2020 and 183 closed out, a net change of -108 holders.
- The largest Cummins buyer in Q1 2020 was Boston Partners, an estimated $320M added.
- The largest Cummins seller in Q1 2020 was AQR Capital Management, an estimated $119M sold.
Based on aggregated 13F filings for Q1 2020.