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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
TLCM
1326
Twin Lakes Capital Management
California
$9.99K
KFI
1327
Key Financial Inc
Pennsylvania
$9.43K
IPW
1328
Impact Partnership Wealth
Georgia
$8.84K
YAL
1329
Your Advocates Ltd
Texas
$8.84K
CWA
1330
Carolina Wealth Advisors
South Carolina
$8.84K
FFA
1331
Frazier Financial Advisors
Ohio
$8.25K +$6.44K +25 +833%
TAM
1332
Tucker Asset Management
Colorado
$8.03K
GBT
1333
Grove Bank & Trust
Florida
$7.66K
AWM
1334
Abound Wealth Management
Tennessee
$7.38K -$11.6K -45 -64%
MAM
1335
Meeder Asset Management
Ohio
$7.37K +$6.44K +25 New
CWC
1336
Carolinas Wealth Consulting
North Carolina
$6.19K -$22.7K -88 -81%
SHIM
1337
Stone House Investment Management
Pennsylvania
$6.02K
OP
1338
ORG Partners
Indiana
$5.94K -$258 -1 -5%
FCMT
1339
Founders Capital Management (Texas)
Texas
$5.6K
SIC
1340
SJS Investment Consulting
Ohio
$5.3K +$258 +1 +6%
PWMG
1341
Prestige Wealth Management Group
New Jersey
$5.3K
EBA
1342
Eagle Bay Advisors
New York
$5.3K +$4.64K +18 New
WCM
1343
Westend Capital Management
California
$5.3K +$4.64K +18 New
AAP
1344
Arax Advisory Partners
Colorado
$5.01K
JGIA
1345
Jackson Grant Investment Advisers
Connecticut
$5.01K
AW
1346
Avion Wealth
Texas
$5K +$1.55K +6 +60%
CAM
1347
ClariVest Asset Management
California
$4.71K +$1.8K +7 +78%
CFO
1348
CVA Family Office
Colorado
$4.42K -$56.7K -220 -94%
GIM
1349
Gold Investment Management
Alberta, Canada
$4.42K
RWA
1350
Redmont Wealth Advisors
Illinois
$4.42K +$3.87K +15 New

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.