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1,176 hedge funds and large institutions have $26.1B invested in Cummins in 2021 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 495 increasing their positions, 392 reducing their positions, and 107 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more repeat investments, than reductions

Existing positions increased: 495 | Existing positions reduced: 392

0.73% more ownership

Funds ownership: 80.19%80.92% (+0.73%)

4% less funds holding

Funds holding: 1,2251,176 (-49)

9% less capital invested

Capital invested by funds: $28.5B → $26.1B (-$2.44B)

33% less first-time investments, than exits

New positions opened: 72 | Existing positions closed: 107

36% less funds holding in top 10

Funds holding in top 10: 117 (-4)

38% less call options, than puts

Call options by funds: $220M | Put options by funds: $353M

Holders
1,176
Holders Change
-49
Holders Change %
-4%
% of All Funds
20.58%
Holding in Top 10
7
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-36.36%
% of All Funds
0.12%
New
72
Increased
495
Reduced
392
Closed
107
Calls
$220M
Puts
$353M
Net Calls
-$133M
Net Calls Change
-$85.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.9B -$26.3M -112,065 -0.9%
BlackRock
2
BlackRock
New York
$2.67B -$12.7M -54,094 -0.5%
State Street
3
State Street
Massachusetts
$1.5B -$50.9M -217,249 -3%
Capital Research Global Investors
4
Capital Research Global Investors
California
$764M +$31.8M +135,846 +4%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$610M +$13.6M +57,971 +2%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$565M -$484M -2,067,097 -45%
Northern Trust
7
Northern Trust
Illinois
$479M +$3.95M +16,853 +0.8%
Charles Schwab
8
Charles Schwab
California
$478M +$35.8M +152,765 +8%
LSV Asset Management
9
LSV Asset Management
Illinois
$472M +$25.8M +109,970 +6%
First Eagle Investment Management
10
First Eagle Investment Management
New York
$437M -$8.53M -36,383 -2%
PIF
11
Public Investment Fund
Saudi Arabia
$404M +$422M +1,800,301 New
Ameriprise
12
Ameriprise
Minnesota
$385M +$7.26M +30,992 +2%
Hotchkis & Wiley Capital Management
13
Hotchkis & Wiley Capital Management
California
$384M -$12.4M -53,030 -3%
Legal & General Group
14
Legal & General Group
United Kingdom
$375M +$18.5M +79,105 +5%
Loomis, Sayles & Company
15
Loomis, Sayles & Company
Massachusetts
$340M +$125M +532,756 +54%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$340M -$1.3M -5,558 -0.4%
Norges Bank
17
Norges Bank
Norway
$318M -$76.9M -327,997 -19%
Bank of America
18
Bank of America
North Carolina
$297M +$46.3M +197,768 +18%
Amundi
19
Amundi
France
$292M -$22M -93,712 -7%
UBS AM
20
UBS AM
Illinois
$280M +$11.3M +48,188 +4%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$272M -$10.5M -44,974 -4%
AQR Capital Management
22
AQR Capital Management
Connecticut
$249M +$36.2M +154,560 +16%
Man Group
23
Man Group
United Kingdom
$238M +$4.92M +20,997 +2%
Goldman Sachs
24
Goldman Sachs
New York
$237M +$40.6M +173,070 +20%
Morgan Stanley
25
Morgan Stanley
New York
$217M +$9.36M +39,955 +4%

CMI Hedge Fund Activity: Q3 2021 in Review

1,176 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q3 2021, worth a combined $26.1B — down 8.6% from $28.5B a quarter earlier.

Sellers outnumbered buyers: 107 funds closed out of CMI and 72 opened new positions — a net loss of 35 holders — while 392 trimmed existing stakes and 495 added.

The largest buyer was Public Investment Fund, opening a new position worth an estimated $422M. The largest seller was T. Rowe Price Associates, cutting an estimated $484M.

  • 1,176 institutional investors held Cummins (CMI) as of Q3 2021, down from 1,225 in Q2 2021.
  • Funds reported $26.1B of Cummins stock for Q3 2021, down 8.6% quarter-over-quarter.
  • 72 funds opened new Cummins positions in Q3 2021 and 107 closed out, a net change of -35 holders.
  • The largest Cummins buyer in Q3 2021 was Public Investment Fund, an estimated $422M added.
  • The largest Cummins seller in Q3 2021 was T. Rowe Price Associates, an estimated $484M sold.

Based on aggregated 13F filings for Q3 2021.