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1,366 hedge funds and large institutions have $28.4B invested in Cummins in 2023 Q4 according to their latest regulatory filings, with 212 funds opening new positions, 445 increasing their positions, 494 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 212 | Existing positions closed: 53

96% more call options, than puts

Call options by funds: $543M | Put options by funds: $277M

11% more funds holding

Funds holding: 1,2311,366 (+135)

5% more capital invested

Capital invested by funds: $27B → $28.4B (+$1.41B)

0.37% more ownership

Funds ownership: 83.21%83.58% (+0.37%)

10% less repeat investments, than reductions

Existing positions increased: 445 | Existing positions reduced: 494

36% less funds holding in top 10

Funds holding in top 10: 117 (-4)

Holders
1,366
Holders Change
+135
Holders Change %
+10.97%
% of All Funds
19.89%
Holding in Top 10
7
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-36.36%
% of All Funds
0.1%
New
212
Increased
445
Reduced
494
Closed
53
Calls
$543M
Puts
$277M
Net Calls
+$265M
Net Calls Change
+$26M

CMI Hedge Fund Activity: Q4 2023 in Review

1,366 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q4 2023, worth a combined $28.4B — up 5.2% from $27B a quarter earlier.

Buyers outnumbered sellers: 212 funds opened new CMI positions and 53 closed out — a net gain of 159 holders — while 445 added to existing stakes and 494 trimmed.

The largest buyer was Jane Street, adding an estimated $177M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $504M sold.

  • 1,366 institutional investors held Cummins (CMI) as of Q4 2023, up from 1,231 in Q3 2023.
  • Funds reported $28.4B of Cummins stock for Q4 2023, up 5.2% quarter-over-quarter.
  • 212 funds opened new Cummins positions in Q4 2023 and 53 closed out, a net change of +159 holders.
  • The largest Cummins buyer in Q4 2023 was Jane Street, an estimated $177M added.
  • The largest Cummins seller in Q4 2023 was Capital Research Global Investors, an estimated $504M sold.

Based on aggregated 13F filings for Q4 2023.