Cummins
1,267 hedge funds and large institutions have $28.8B invested in Cummins in 2023 Q2 according to their latest regulatory filings, with 97 funds opening new positions, 492 increasing their positions, 454 reducing their positions, and 91 closing their positions.
63% more call options, than puts
Call options by funds: $544M | Put options by funds: $334M
8% more repeat investments, than reductions
Existing positions increased: 492 | Existing positions reduced: 454
7% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 91
2% more capital invested
Capital invested by funds: $28.2B → $28.8B (+$597M)
0% less funds holding
Funds holding: 1,269 → 1,267 (-2)
1.56% less ownership
Funds ownership: 84.49% → 82.93% (-1.6%)
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$519M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$175M |
| 3 |
Man Group
London,
United Kingdom
|
+$116M |
| 4 |
Barclays
London,
United Kingdom
|
+$72.3M |
| 5 |
F
FIFTHDELTA
London,
United Kingdom
|
+$71.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$367M |
| 2 |
Neuberger Berman Group
New York
|
-$276M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$202M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$158M |
| 5 |
Millennium Management
New York
|
-$130M |
CMI Hedge Fund Activity: Q2 2023 in Review
1,267 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q2 2023, worth a combined $28.8B — up 2.1% from $28.2B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new CMI positions and 91 closed out — a net gain of 6 holders — while 492 added to existing stakes and 454 trimmed.
The largest buyer was Vanguard Group, adding an estimated $519M. The largest seller was Envestnet Asset Management, cutting an estimated $367M.
- 1,267 institutional investors held Cummins (CMI) as of Q2 2023, down from 1,269 in Q1 2023.
- Funds reported $28.8B of Cummins stock for Q2 2023, up 2.1% quarter-over-quarter.
- 97 funds opened new Cummins positions in Q2 2023 and 91 closed out, a net change of +6 holders.
- The largest Cummins buyer in Q2 2023 was Vanguard Group, an estimated $519M added.
- The largest Cummins seller in Q2 2023 was Envestnet Asset Management, an estimated $367M sold.
Based on aggregated 13F filings for Q2 2023.