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1,371 hedge funds and large institutions have $34.7B invested in Cummins in 2024 Q1 according to their latest regulatory filings, with 151 funds opening new positions, 436 increasing their positions, 580 reducing their positions, and 130 closing their positions.

New
Increased
Maintained
Reduced
Closed

157% more funds holding in top 10

Funds holding in top 10: 718 (+11)

20% more capital invested

Capital invested by funds: $28.9B → $34.7B (+$5.81B)

16% more first-time investments, than exits

New positions opened: 151 | Existing positions closed: 130

0% more funds holding

Funds holding: 1,3661,371 (+5)

7% less call options, than puts

Call options by funds: $413M | Put options by funds: $442M

1.98% less ownership

Funds ownership: 85.01%83.04% (-2%)

25% less repeat investments, than reductions

Existing positions increased: 436 | Existing positions reduced: 580

Holders
1,371
Holders Change
+5
Holders Change %
+0.37%
% of All Funds
19.75%
Holding in Top 10
18
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+157.14%
% of All Funds
0.26%
New
151
Increased
436
Reduced
580
Closed
130
Calls
$413M
Puts
$442M
Net Calls
-$29.3M
Net Calls Change
-$295M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$4.91B -$280M -1,084,920 -6%
BlackRock
2
BlackRock
New York
$3.41B +$11M +42,805 +0.4%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$2.34B +$156M +604,735 +8%
State Street
4
State Street
Massachusetts
$1.79B -$66.9M -259,688 -4%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$960M +$23.4M +90,755 +3%
Fisher Asset Management
6
Fisher Asset Management
Washington
$796M +$29.7M +115,229 +4%
Morgan Stanley
7
Morgan Stanley
New York
$608M -$539M -2,092,710 -50%
First Eagle Investment Management
8
First Eagle Investment Management
New York
$589M +$757K +2,938 +0.1%
PIF
9
Public Investment Fund
Saudi Arabia
$530M
Ameriprise
10
Ameriprise
Minnesota
$510M +$7.47M +28,975 +2%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$492M -$1.08M -4,176 -0.2%
Northern Trust
12
Northern Trust
Illinois
$479M -$27.5M -106,819 -6%
Stifel Financial
13
Stifel Financial
Missouri
$459M -$2.33M -9,027 -0.6%
Pacer Advisors
14
Pacer Advisors
Pennsylvania
$431M +$374M +1,450,311 +12,516%
Legal & General Group
15
Legal & General Group
United Kingdom
$419M +$9.8M +38,014 +3%
Hotchkis & Wiley Capital Management
16
Hotchkis & Wiley Capital Management
California
$408M -$3.68M -14,277 -1%
OTPPB
17
Ontario Teachers' Pension Plan Board
Ontario, Canada
$405M -$14.1M -54,880 -4%
LSV Asset Management
18
LSV Asset Management
Illinois
$390M -$25M -96,940 -7%
Norges Bank
19
Norges Bank
Norway
$374M +$5.19M +20,128 +2%
UBS AM
20
UBS AM
Illinois
$355M -$14.3M -55,602 -4%
Bank of America
21
Bank of America
North Carolina
$334M -$3.43M -13,296 -1%
First Trust Advisors
22
First Trust Advisors
Illinois
$331M +$182M +707,698 +171%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$320M +$13.3M +51,779 +5%
MA
24
Marshfield Associates
District of Columbia
$306M -$353K -1,369 -0.1%
Principal Financial Group
25
Principal Financial Group
Iowa
$303M -$5.8M -22,492 -2%

CMI Hedge Fund Activity: Q1 2024 in Review

1,371 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q1 2024, worth a combined $34.7B — up 20% from $28.9B a quarter earlier.

Buyers outnumbered sellers: 151 funds opened new CMI positions and 130 closed out — a net gain of 21 holders — while 436 added to existing stakes and 580 trimmed.

The largest buyer was Pacer Advisors, adding an estimated $374M. The largest seller was Morgan Stanley, cutting an estimated $539M.

  • 1,371 institutional investors held Cummins (CMI) as of Q1 2024, up from 1,366 in Q4 2023.
  • Funds reported $34.7B of Cummins stock for Q1 2024, up 20% quarter-over-quarter.
  • 151 funds opened new Cummins positions in Q1 2024 and 130 closed out, a net change of +21 holders.
  • The largest Cummins buyer in Q1 2024 was Pacer Advisors, an estimated $374M added.
  • The largest Cummins seller in Q1 2024 was Morgan Stanley, an estimated $539M sold.

Based on aggregated 13F filings for Q1 2024.