Cummins
1,878 hedge funds and large institutions have $60.3B invested in Cummins in 2025 Q4 according to their latest regulatory filings, with 300 funds opening new positions, 613 increasing their positions, 665 reducing their positions, and 76 closing their positions.
295% more first-time investments, than exits
New positions opened: 300 | Existing positions closed: 76
33% more funds holding in top 10
Funds holding in top 10: 27 → 36 (+9)
23% more capital invested
Capital invested by funds: $49B → $60.3B (+$11.3B)
12% more funds holding
Funds holding: 1,684 → 1,878 (+194)
10% more call options, than puts
Call options by funds: $469M | Put options by funds: $426M
1.4% more ownership
Funds ownership: 84.32% → 85.72% (+1.4%)
8% less repeat investments, than reductions
Existing positions increased: 613 | Existing positions reduced: 665
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$717M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$266M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$180M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$172M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$155M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$312M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$297M |
| 3 |
Morgan Stanley
New York
|
-$260M |
| 4 |
JP Morgan Chase
New York
|
-$199M |
| 5 |
Bank of New York Mellon
New York
|
-$175M |
CMI Hedge Fund Activity: Q4 2025 in Review
1,878 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Cummins (CMI) for Q4 2025, worth a combined $60.3B — up 23% from $49B a quarter earlier.
Buyers outnumbered sellers: 300 funds opened new CMI positions and 76 closed out — a net gain of 224 holders — while 613 added to existing stakes and 665 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $717M. The largest seller was First Eagle Investment Management, cutting an estimated $312M.
- 1,878 institutional investors held Cummins (CMI) as of Q4 2025, up from 1,684 in Q3 2025.
- Funds reported $60.3B of Cummins stock for Q4 2025, up 23% quarter-over-quarter.
- 300 funds opened new Cummins positions in Q4 2025 and 76 closed out, a net change of +224 holders.
- The largest Cummins buyer in Q4 2025 was Fidelity Investments, an estimated $717M added.
- The largest Cummins seller in Q4 2025 was First Eagle Investment Management, an estimated $312M sold.
Based on aggregated 13F filings for Q4 2025.