Cummins
1,282 hedge funds and large institutions have $28.4B invested in Cummins in 2022 Q4 according to their latest regulatory filings, with 172 funds opening new positions, 478 increasing their positions, 432 reducing their positions, and 68 closing their positions.
153% more first-time investments, than exits
New positions opened: 172 | Existing positions closed: 68
36% more funds holding in top 10
Funds holding in top 10: 11 → 15 (+4)
21% more capital invested
Capital invested by funds: $23.6B → $28.4B (+$4.86B)
11% more repeat investments, than reductions
Existing positions increased: 478 | Existing positions reduced: 432
6% more funds holding
Funds holding: 1,206 → 1,282 (+76)
1.69% more ownership
Funds ownership: 82.23% → 83.92% (+1.7%)
7% more call options, than puts
Call options by funds: $505M | Put options by funds: $474M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$334M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$190M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$112M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$108M |
| 5 |
Neuberger Berman Group
New York
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$119M |
| 2 |
Amundi
Paris,
France
|
-$107M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$90.2M |
| 4 |
Millennium Management
New York
|
-$77.3M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$68.1M |
CMI Hedge Fund Activity: Q4 2022 in Review
1,282 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q4 2022, worth a combined $28.4B — up 21% from $23.6B a quarter earlier.
Buyers outnumbered sellers: 172 funds opened new CMI positions and 68 closed out — a net gain of 104 holders — while 478 added to existing stakes and 432 trimmed.
The largest buyer was Ontario Teachers' Pension Plan Board, adding an estimated $334M. The largest seller was Capital Research Global Investors, cutting an estimated $119M.
- 1,282 institutional investors held Cummins (CMI) as of Q4 2022, up from 1,206 in Q3 2022.
- Funds reported $28.4B of Cummins stock for Q4 2022, up 21% quarter-over-quarter.
- 172 funds opened new Cummins positions in Q4 2022 and 68 closed out, a net change of +104 holders.
- The largest Cummins buyer in Q4 2022 was Ontario Teachers' Pension Plan Board, an estimated $334M added.
- The largest Cummins seller in Q4 2022 was Capital Research Global Investors, an estimated $119M sold.
Based on aggregated 13F filings for Q4 2022.