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1,174 hedge funds and large institutions have $27.7B invested in Cummins in 2020 Q4 according to their latest regulatory filings, with 174 funds opening new positions, 420 increasing their positions, 400 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

172% more first-time investments, than exits

New positions opened: 174 | Existing positions closed: 64

9% more funds holding

Funds holding: 1,0771,174 (+97)

7% more capital invested

Capital invested by funds: $25.8B → $27.7B (+$1.9B)

5% more repeat investments, than reductions

Existing positions increased: 420 | Existing positions reduced: 400

0.52% less ownership

Funds ownership: 82.8%82.28% (-0.52%)

37% less call options, than puts

Call options by funds: $194M | Put options by funds: $307M

44% less funds holding in top 10

Funds holding in top 10: 2514 (-11)

Holders
1,174
Holders Change
+97
Holders Change %
+9.01%
% of All Funds
20.77%
Holding in Top 10
14
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-44%
% of All Funds
0.25%
New
174
Increased
420
Reduced
400
Closed
64
Calls
$194M
Puts
$307M
Net Calls
-$113M
Net Calls Change
-$71.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$2.96B +$53.3M +237,406 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.95B -$6.66M -29,662 -0.2%
State Street
3
State Street
Massachusetts
$1.59B -$27.1M -120,678 -2%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$1.16B -$235M -1,045,679 -17%
Capital Research Global Investors
5
Capital Research Global Investors
California
$668M -$21.1M -94,135 -3%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$617M +$364M +1,622,936 +149%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$611M +$2.26M +10,055 +0.4%
LSV Asset Management
8
LSV Asset Management
Illinois
$558M -$61.3M -273,188 -10%
Northern Trust
9
Northern Trust
Illinois
$503M -$8.53M -38,004 -2%
Charles Schwab
10
Charles Schwab
California
$493M +$36.7M +163,318 +8%
Hotchkis & Wiley Capital Management
11
Hotchkis & Wiley Capital Management
California
$477M -$66.6M -296,740 -12%
First Eagle Investment Management
12
First Eagle Investment Management
New York
$476M -$2.58M -11,473 -0.5%
Norges Bank
13
Norges Bank
Norway
$450M -$8.09M -36,041 -2%
Franklin Resources
14
Franklin Resources
California
$362M -$114M -508,840 -24%
Invesco
15
Invesco
Georgia
$345M -$12.3M -54,883 -3%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$323M -$84.1M -374,546 -21%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$317M -$829K -3,691 -0.3%
Legal & General Group
18
Legal & General Group
United Kingdom
$312M +$16.3M +72,464 +6%
Boston Partners
19
Boston Partners
Massachusetts
$306M -$91.9M -409,080 -23%
AAMU
20
Amundi Asset Management US
Massachusetts
$301M +$60.6M +269,647 +25%
UBS AM
21
UBS AM
Illinois
$294M +$15.8M +70,193 +6%
Ameriprise
22
Ameriprise
Minnesota
$292M -$76.2M -339,116 -21%
AQR Capital Management
23
AQR Capital Management
Connecticut
$222M +$77M +342,768 +53%
Robeco Institutional Asset Management
24
Robeco Institutional Asset Management
Netherlands
$211M +$27.7M +123,411 +15%
Wells Fargo
25
Wells Fargo
California
$209M -$104M -462,693 -33%

CMI Hedge Fund Activity: Q4 2020 in Review

1,174 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q4 2020, worth a combined $27.7B — up 7.4% from $25.8B a quarter earlier.

Buyers outnumbered sellers: 174 funds opened new CMI positions and 64 closed out — a net gain of 110 holders — while 420 added to existing stakes and 400 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $364M. The largest seller was American International Group, cutting an estimated $246M.

  • 1,174 institutional investors held Cummins (CMI) as of Q4 2020, up from 1,077 in Q3 2020.
  • Funds reported $27.7B of Cummins stock for Q4 2020, up 7.4% quarter-over-quarter.
  • 174 funds opened new Cummins positions in Q4 2020 and 64 closed out, a net change of +110 holders.
  • The largest Cummins buyer in Q4 2020 was Fidelity Investments, an estimated $364M added.
  • The largest Cummins seller in Q4 2020 was American International Group, an estimated $246M sold.

Based on aggregated 13F filings for Q4 2020.