Cummins
1,269 hedge funds and large institutions have $28.2B invested in Cummins in 2023 Q1 according to their latest regulatory filings, with 103 funds opening new positions, 484 increasing their positions, 433 reducing their positions, and 85 closing their positions.
73% more call options, than puts
Call options by funds: $524M | Put options by funds: $302M
21% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 85
12% more repeat investments, than reductions
Existing positions increased: 484 | Existing positions reduced: 433
1.66% more ownership
Funds ownership: 82.83% → 84.49% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 15 → 15 (0)
0% less capital invested
Capital invested by funds: $28.2B → $28.2B (-$55.6M)
1% less funds holding
Funds holding: 1,283 → 1,269 (-14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$479M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$406M |
| 3 |
Millennium Management
New York
|
+$163M |
| 4 |
BlackRock
New York
|
+$158M |
| 5 |
Janus Henderson Group
London,
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$538M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$163M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$151M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$111M |
| 5 |
Neuberger Berman Group
New York
|
-$96.6M |
CMI Hedge Fund Activity: Q1 2023 in Review
1,269 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q1 2023, worth a combined $28.2B — down 0.2% from $28.2B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new CMI positions and 85 closed out — a net gain of 18 holders — while 484 added to existing stakes and 433 trimmed.
The largest buyer was Fisher Asset Management, adding an estimated $479M. The largest seller was Charles Schwab, cutting an estimated $538M.
- 1,269 institutional investors held Cummins (CMI) as of Q1 2023, down from 1,283 in Q4 2022.
- Funds reported $28.2B of Cummins stock for Q1 2023, down 0.2% quarter-over-quarter.
- 103 funds opened new Cummins positions in Q1 2023 and 85 closed out, a net change of +18 holders.
- The largest Cummins buyer in Q1 2023 was Fisher Asset Management, an estimated $479M added.
- The largest Cummins seller in Q1 2023 was Charles Schwab, an estimated $538M sold.
Based on aggregated 13F filings for Q1 2023.