Cummins
1,177 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, 497 increasing their positions, 391 reducing their positions, and 107 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 497 | Existing positions reduced: 391
0.73% more ownership
Funds ownership: 80.2% → 80.93% (+0.73%)
4% less funds holding
Funds holding: 1,226 → 1,177 (-49)
9% less capital invested
Capital invested by funds: $28.6B → $26.1B (-$2.46B)
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: 11 → 7 (-4)
40% less call options, than puts
Call options by funds: $220M | Put options by funds: $367M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIF
Public Investment Fund
Al Aqiq District, Riyadh,
Saudi Arabia
|
+$422M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$125M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
+$92.4M |
| 4 |
EIP
Epoch Investment Partners
New York
|
+$90.9M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$80.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$484M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$170M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$161M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$79.9M |
| 5 |
DFO
Duquesne Family Office
New York
|
-$79.2M |
CMI Hedge Fund Activity: Q3 2021 in Review
1,177 of the 5,728 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 $28.6B a quarter earlier.
Sellers outnumbered buyers: 107 funds closed out of CMI and 72 opened new positions — a net loss of 35 holders — while 391 trimmed existing stakes and 497 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.
- 1,177 institutional investors held Cummins (CMI) as of Q3 2021, down from 1,226 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.