Cummins
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.
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: 1,371 → 1,390 (+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: 18 → 10 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$313M |
| 2 |
BlackRock
New York
|
+$128M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$125M |
| 4 |
Man Group
London,
United Kingdom
|
+$112M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$414M |
| 2 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$382M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$305M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$274M |
| 5 |
Two Sigma Investments
New York
|
-$138M |
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.