Cummins
1,226 hedge funds and large institutions have $28.6B invested in Cummins in 2021 Q2 according to their latest regulatory filings, with 97 funds opening new positions, 493 increasing their positions, 415 reducing their positions, and 93 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 493 | Existing positions reduced: 415
4% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 93
0.52% less ownership
Funds ownership: 80.72% → 80.2% (-0.52%)
1% less funds holding
Funds holding: 1,233 → 1,226 (-7)
8% less capital invested
Capital invested by funds: $30.9B → $28.6B (-$2.38B)
23% less call options, than puts
Call options by funds: $212M | Put options by funds: $277M
39% less funds holding in top 10
Funds holding in top 10: 18 → 11 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$122M |
| 2 |
Man Group
London,
United Kingdom
|
+$122M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$99.1M |
| 4 |
Goldman Sachs
New York
|
+$70.9M |
| 5 |
Millennium Management
New York
|
+$57.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$457M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$419M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$135M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$131M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$68.2M |
CMI Hedge Fund Activity: Q2 2021 in Review
1,226 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q2 2021, worth a combined $28.6B — down 7.7% from $30.9B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new CMI positions and 93 closed out — a net gain of 4 holders — while 493 added to existing stakes and 415 trimmed.
The largest buyer was Truist Financial, adding an estimated $122M. The largest seller was BlackRock, cutting an estimated $457M.
- 1,226 institutional investors held Cummins (CMI) as of Q2 2021, down from 1,233 in Q1 2021.
- Funds reported $28.6B of Cummins stock for Q2 2021, down 7.7% quarter-over-quarter.
- 97 funds opened new Cummins positions in Q2 2021 and 93 closed out, a net change of +4 holders.
- The largest Cummins buyer in Q2 2021 was Truist Financial, an estimated $122M added.
- The largest Cummins seller in Q2 2021 was BlackRock, an estimated $457M sold.
Based on aggregated 13F filings for Q2 2021.