CUMMINS INC (CMI)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
Institutions report 118,470,733 shares against 137,664,487 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end. A figure this high can overstate: where an adviser and a sub-adviser both report the same shares, both are counted.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $8.2B | 11,503,261 | 0.12% | 8q | -2.8%-$237.0M |
| VANGUARD CAPITAL MANAGEMENT LLC | $6.4B | 9,010,359 | 0.14% | 2q | HELD |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $5.4B | 7,534,991 | 0.24% | 2q | HELD |
| STATE STREET CORP | $4.9B | 6,908,874 | 0.15% | 31q | +1.5%+$72.2M |
| FMR LLC | $4.3B | 6,085,944 | 0.19% | 31q | +12.1%+$469.0M |
| Fisher Asset Management, LLC | $2.6B | 3,595,361 | 0.76% | 31q | +2.8%+$70.1M |
| GEODE CAPITAL MANAGEMENT, LLC | $2.3B | 3,229,444 | 0.12% | 31q | -13.8%-$367.0M |
| MORGAN STANLEY | $2.2B | 3,107,922 | 0.12% | 35q | +1.4%+$29.6M |
| BANK OF AMERICA CORP /DE/ | $1.4B | 1,974,668 | 0.09% | 31q | +12.4%+$155.1M |
| NORGES BANK | $1.3B | 1,779,281 | 0.13% | 32q | +5.2%+$62.6M |
| NORTHERN TRUST CORP | $1.3B | 1,772,846 | 0.15% | 31q | +2.9%+$36.2M |
| RAYMOND JAMES FINANCIAL INC | $1.1B | 1,504,689 | 0.29% | 7q | +0.6%+$6.3M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $1.1B | 1,501,336 | 0.19% | 31q | -5.0%-$56.9M |
| Bank of New York Mellon Corp | $973.2M | 1,364,532 | 0.16% | 31q | +39.5%+$275.4M |
| AQR CAPITAL MANAGEMENT LLC | $884.8M | 1,262,659 | 0.31% | 31q | +30.6%+$207.2M |
| DIMENSIONAL FUND ADVISORS LP | $884.3M | 1,240,206 | 0.16% | 31q | -11.3%-$112.2M |
| Nuveen, LLC | $787.4M | 1,104,087 | 0.19% | 6q | +55.2%+$280.0M |
| First Eagle Investment Management, LLC | $765.8M | 1,073,736 | 0.63% | 31q | +39.9%+$218.6M |
| GOLDMAN SACHS GROUP INC | $728.9M | 1,021,986 | 0.06% | 31q | +15.3%+$96.9M |
| ROYAL BANK OF CANADA | $689.7M | 967,069 | 0.10% | 31q | -11.0%-$84.9M |
| Robeco Institutional Asset Management B.V. | $688.0M | 964,675 | 0.84% | 38q | +111.5%+$362.7M |
| Legal & General Group Plc | $666.6M | 934,697 | 0.14% | 31q | -7.0%-$50.0M |
| Boston Partners | $654.6M | 920,840 | 0.58% | 4q | -13.5%-$102.4M |
| JPMORGAN CHASE & CO | $642.3M | 929,328 | 0.04% | 31q | +39.7%+$182.4M |
| Invesco Ltd. | $637.7M | 894,165 | 0.05% | 31q | -4.0%-$26.5M |
| Amundi | $637.4M | 893,772 | 0.15% | 21q | +19.7%+$104.9M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $632.7M | 887,180 | 0.08% | 31q | -3.0%-$19.7M |
| UBS Group AG | $598.4M incl. $26.7M options CALL+PUT | 801,711 | 0.08% | 31q | +39.1%+$168.2M |
| VANGUARD FIDUCIARY TRUST CO | $558.5M | 783,051 | 0.12% | 2q | +0.7%+$3.7M |
| Allianz Asset Management GmbH | $557.7M incl. $3.4M options CALL+PUT | 777,291 | 0.45% | 40q | +11.0%+$55.5M |
| WELLS FARGO & COMPANY/MN | $518.1M | 726,452 | 0.08% | 31q | +17.8%+$78.3M |
| VOYA INVESTMENT MANAGEMENT LLC | $517.1M | 725,840 | 0.45% | 31q | -2.2%-$11.5M |
| AMERIPRISE FINANCIAL INC | $500.8M | 702,148 | 0.10% | 31q | +83.6%+$228.1M |
| HSBC HOLDINGS PLC | $478.4M incl. $7.1M options CALL | 661,625 | 0.20% | 31q | HELD |
| JANE STREET GROUP, LLC | $441.4M incl. $259.8M options CALL+PUT | 254,761 | 0.04% | 31q | -43.6%-$340.7M |
| STIFEL FINANCIAL CORP | $423.3M | 593,509 | 0.35% | 31q | -29.4%-$176.5M |
| SG Americas Securities, LLC | $397.1M | 556,710 | 0.22% | 31q | -24.4%-$128.3M |
| PRINCIPAL FINANCIAL GROUP INC | $376.8M | 528,248 | 0.19% | 31q | -17.1%-$77.7M |
| DEUTSCHE BANK AG\ | $372.8M | 522,711 | 0.11% | 34q | -5.6%-$22.0M |
| WELLINGTON MANAGEMENT GROUP LLP | $353.1M | 495,047 | 0.06% | 15q | +243.5%+$250.3M |
| LONDON CO OF VIRGINIA | $351.3M | 492,548 | 2.00% | 4q | -3.2%-$11.6M |
| ENVESTNET ASSET MANAGEMENT INC | $344.4M | 482,942 | 0.08% | 31q | -15.8%-$64.6M |
| NEUBERGER BERMAN GROUP LLC | $339.4M | 476,978 | 0.23% | 31q | -2.2%-$7.5M |
| TD Asset Management Inc | $327.5M | 459,148 | 0.28% | 31q | +25.9%+$67.5M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $319.8M incl. $286.8M options CALL+PUT | 46,358 | 0.02% | 31q | -37.8%-$194.8M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $316.9M | 444,500 | 0.32% | 31q | +35.3%+$82.7M |
| CINCINNATI INSURANCE CO | $305.1M | 427,800 | 4.40% | 31q | -26.4%-$109.3M |
| National Pension Service | $296.8M | 416,179 | 0.19% | 31q | HELD |
| NORDEA INVESTMENT MANAGEMENT AB | $296.6M | 419,251 | 0.24% | 31q | +7.6%+$21.1M |
| Mariner, LLC | $281.4M | 394,628 | 0.30% | 31q | +61.0%+$106.6M |
| Swiss National Bank | $278.0M | 389,718 | 0.15% | 31q | -3.8%-$11.0M |
| CANADA PENSION PLAN INVESTMENT BOARD | $275.4M | 386,086 | 0.15% | 31q | +4.2%+$11.1M |
| Hamlin Capital Management, LLC | $274.1M | 384,365 | 6.16% | 31q | -8.8%-$26.5M |
| LPL Financial LLC | $272.6M | 382,263 | 0.06% | 31q | +8.9%+$22.2M |
| AMERICAN CENTURY COMPANIES INC | $266.9M | 374,240 | 0.12% | 31q | -28.9%-$108.6M |
| BNP PARIBAS FINANCIAL MARKETS | $259.1M incl. $14.6M options CALL+PUT | 342,804 | 0.09% | 31q | +27.4%+$55.7M |
| ACADIAN ASSET MANAGEMENT LLC | $256.2M | 359,260 | 0.30% | 31q | -3.9%-$10.4M |
| LOOMIS SAYLES & CO L P | $253.9M | 355,936 | 0.32% | 22q | +6.1%+$14.5M |
| Mitsubishi UFJ Asset Management Co., Ltd. | $248.4M | 348,555 | 0.14% | 31q | +7.4%+$17.1M |
| Sumitomo Mitsui Trust Group, Inc. | $246.6M | 345,804 | 0.14% | 31q | HELD |
| D. E. Shaw & Co., Inc. | $246.3M incl. $17.0M options CALL | 321,490 | 0.12% | 7q | -22.3%-$70.9M |
| CITADEL ADVISORS LLC | $242.3M incl. $135.5M options CALL+PUT | 149,683 | 0.03% | 31q | -39.1%-$155.3M |
| BANK OF MONTREAL /CAN/ | $235.2M | 329,721 | 0.08% | 31q | +4.0%+$9.1M |
| MILLENNIUM MANAGEMENT LLC | $233.5M incl. $35.9M options CALL+PUT | 277,042 | 0.08% | 31q | -34.2%-$121.6M |
| BARCLAYS PLC | $225.2M incl. $28.5M options PUT | 275,771 | 0.04% | 31q | -20.7%-$58.7M |
| LSV ASSET MANAGEMENT | $217.5M | 304,910 | 0.39% | 31q | -24.9%-$71.9M |
| Vanguard Global Advisers, LLC | $213.6M | 299,457 | 0.10% | 2q | -1.4%-$3.1M |
| WORLDQUANT MILLENNIUM ADVISORS LLC | $211.3M | 296,245 | 0.73% | 3q | -2.9%-$6.3M |
| VANGUARD ASSET MANAGEMENT, Ltd | $209.2M | 293,303 | 0.14% | 2q | +12.8%+$23.7M |
| Corient Private Wealth LP | $206.0M | 288,832 | 0.29% | 15q | -3.6%-$7.7M |
| California Public Employees Retirement System | $204.1M | 286,177 | 0.12% | 31q | +3.5%+$6.9M |
| RHUMBLINE ADVISERS | $195.4M | 273,957 | 0.15% | 31q | -1.1%-$2.1M |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | $184.0M | 257,923 | 1.63% | 26q | -3.9%-$7.6M |
| NATIONAL BANK OF CANADA /FI/ | $183.8M incl. $17.8M options PUT | 232,781 | 0.13% | 19q | +154.9%+$111.7M |
| Ensign Peak Advisors, Inc | $179.6M | 251,790 | 0.30% | 27q | +5.4%+$9.2M |
| Quantinno Capital Management LP | $177.8M | 249,341 | 0.21% | 19q | +5.7%+$9.7M |
| PRUDENTIAL FINANCIAL INC | $177.0M | 248,183 | 0.19% | 34q | -12.9%-$26.1M |
| EARNEST PARTNERS LLC | $175.2M | 245,690 | 0.63% | 31q | -5.7%-$10.6M |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $174.9M | 245,180 | 0.26% | 3q | -7.8%-$14.7M |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $174.1M | 244,044 | 0.51% | 31q | -61.0%-$272.5M |
| D.A. DAVIDSON & CO. | $172.1M | 241,237 | 0.95% | 31q | -11.2%-$21.6M |
| PRICE T ROWE ASSOCIATES INC /MD/ | $165.6M | 232,140 | 0.02% | 31q | -41.0%-$115.3M |
| Bahl & Gaynor LLC | $164.5M | 230,716 | 0.76% | 2q | +130.5%+$93.2M |
| DekaBank Deutsche Girozentrale | $153.2M | 300,506 | 0.26% | 31q | HELD |
| ALLIANCEBERNSTEIN L.P. | $150.7M | 280,062 | 0.05% | 31q | -7.9%-$12.9M |
| PARNASSUS INVESTMENTS, LLC | $148.8M | 208,573 | 0.40% | 31q | -26.5%-$53.6M |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $148.2M | 207,850 | 0.14% | 31q | +0.8%+$1.2M |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $138.7M | 194,407 | 0.59% | 2q | +79.5%+$61.4M |
| HighTower Advisors, LLC | $138.4M | 194,076 | 0.13% | 31q | -45.1%-$113.5M |
| NATIXIS ADVISORS, LLC | $134.6M | 188,789 | 0.15% | 31q | -1.1%-$1.5M |
| AEGON ASSET MANAGEMENT UK Plc | $134.2M | 188,201 | 1.43% | 22q | +7.3%+$9.1M |
| Man Group plc | $133.7M | 187,497 | 0.21% | 31q | -35.1%-$72.3M |
| Clark Capital Management Group, Inc. | $133.3M | 186,864 | 0.73% | 7q | +1.1%+$1.4M |
| CITIGROUP INC | $132.6M | 185,959 | 0.04% | 31q | +30.1%+$30.7M |
| Caisse de depot et placement du Quebec | $129.9M | 182,084 | 0.19% | 9q | -36.5%-$74.7M |
| Aberdeen Group plc | $127.2M | 178,402 | 0.18% | 31q | -8.0%-$11.1M |
| FRANKLIN RESOURCES INC | $126.1M | 176,780 | 0.03% | 31q | -1.3%-$1.7M |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $123.4M | 172,966 | 0.17% | 8q | +39.8%+$35.1M |
| Beutel, Goodman & Co Ltd. | $115.6M | 162,137 | 0.85% | 31q | -49.9%-$115.2M |
| NEW YORK STATE COMMON RETIREMENT FUND | $114.9M | 161,142 | 0.14% | 31q | +76.0%+$49.6M |
Showing the largest 100 of 2,125 reported holders. The count of 2,123 above leaves out 2 positions whose reported value failed our price check; they are listed here as filed.
Q2 2026 in brief
In Q2 2026, 2,123 managers that file Form 13F reported holding Cummins Inc (CMI), $85.5B in all, or about 86% of the shares outstanding. 278 managers opened a position and 129 sold out completely, against 1,974 holders the quarter before. Largest holders: Blackrock, Inc., Vanguard Capital Management Llc and Vanguard Portfolio Management Llc. Largest new positions: Ferguson Wellman Capital Management, Inc ($71.0M), Janney Montgomery Scott Llc ($42.9M) and Goldentree Asset Management Lp ($40.6M).
Q2 2026 is the latest quarter whose 13F deadline has passed. A 13F shows long US stock positions at quarter end, filed up to 45 days later; an adviser and a sub-adviser can both report the same shares.
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-05-12 | Bush Jennifer Mary | VP & Pres. - Power Systems | Sold | 5,000 | $3.5M ×6 |
| 2026-05-08 | Boakye Marvin | VP - CHRO | Sold | 3,481 | $2.4M ×5 |
| 2026-05-08 | Lamb-Hale Nicole | VP, CAO & Corporate Secretary | Sold | 2,408 | $1.7M ×3 |
| 2026-05-14 | JACKSON DONALD G | VP - Treasury & Tax | Sold | 730 | $519.0K ×3 |
| 2026-05-11 | Merritt Brett Michael | V.P & Pres. - Engine Business | Sold | 701 | $483.2K |
| 2026-05-11 | Fetch Bonnie J | EVP & President - Operations | Sold | 652 | $456.5K |
| 2026-05-11 | Fetch Bonnie J | EVP & President - Operations | Sold | 643 | $451.7K |
| 2026-05-11 | Stoner Nathan R | VP - China ABO | Sold | 607 | $421.3K |
| 2026-08-24 | Newsome Earl | VP - Chief Information Officer | Sold | 698 | $399.4K |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 744 | $3.8B | 7,335,751 | 44 | 230 | 271 | 0.1% |
| Q2 2026 | 2,123 | $85.5B | 118,470,733 | 258 | 693 | 681 | 1.4% |
| Q1 2026 | 1,974 | $63.5B | 116,686,372 | 177 | 627 | 679 | 1.3% |
| Q4 2025 | 1,891 | $61.8B | 119,637,450 | 194 | 551 | 609 | 1.4% |
| Q3 2025 | 1,690 | $50.1B | 117,311,362 | 204 | 518 | 544 | 1.2% |
| Q2 2025 | 1,571 | $39.0B | 118,167,828 | 104 | 579 | 512 | 0.9% |
| Q1 2025 | 1,583 | $37.0B | 117,048,085 | 153 | 545 | 490 | 1.0% |
| Q4 2024 | 1,567 | $41.2B | 116,482,417 | 135 | 456 | 501 | 1.3% |
| Q3 2024 | 1,444 | $38.4B | 117,425,300 | 136 | 462 | 475 | 1.7% |
| Q2 2024 | 1,402 | $33.2B | 117,704,030 | 106 | 456 | 458 | 1.8% |
| Q1 2024 | 1,384 | $37.1B | 122,864,085 | 124 | 392 | 536 | 2.4% |
| Q4 2023 | 1,382 | $29.9B | 121,243,345 | 134 | 394 | 454 | 2.9% |
| Q3 2023 | 1,255 | $27.9B | 118,230,762 | 54 | 412 | 425 | 3.1% |
| Q2 2023 | 1,281 | $29.7B | 117,563,412 | 76 | 449 | 420 | 3.0% |
| Q1 2023 | 1,280 | $29.5B | 121,691,510 | 91 | 432 | 396 | 2.8% |
| Q4 2022 | 1,292 | $29.8B | 119,092,913 | 123 | 408 | 428 | 3.3% |
| Q3 2022 | 1,195 | $105.9B | 639,812,870 | 99 | 433 | 331 | 0.7% |
| Q2 2022 | 1,190 | $119.1B | 727,446,226 | 70 | 432 | 408 | 0.5% |
| Q1 2022 | 1,218 | $105.3B | 671,119,932 | 97 | 492 | 363 | 0.5% |
| Q4 2021 | 1,252 | $88.1B | 532,641,811 | 82 | 383 | 408 | 1.0% |
| Q3 2021 | 1,172 | $76.5B | 424,272,045 | 61 | 448 | 368 | 0.8% |
| Q2 2021 | 1,222 | $73.4B | 390,350,270 | 84 | 446 | 387 | 0.7% |
| Q1 2021 | 1,227 | $99.3B | 485,933,437 | 127 | 395 | 424 | 0.5% |
| Q4 2020 | 1,174 | $81.4B | 519,934,463 | 120 | 369 | 377 | 0.8% |
| Q3 2020 | 1,077 | $63.4B | 414,857,802 | 123 | 311 | 416 | 0.9% |
| Q2 2020 | 1,015 | $57.1B | 414,328,887 | 121 | 281 | 405 | 0.9% |
| Q1 2020 | 971 | $50.7B | 473,899,801 | 65 | 319 | 413 | 1.0% |
| Q4 2019 | 1,086 | $57.4B | 472,111,726 | 86 | 312 | 397 | 1.3% |
| Q3 2019 | 1,006 | $55.2B | 446,325,847 | 59 | 372 | 365 | 0.9% |
| Q2 2019 | 1,075 | $70.8B | 477,681,226 | 112 | 369 | 368 | 1.2% |
| Q1 2019 | 1,051 | $66.8B | 539,964,753 | 141 | 370 | 331 | 1.1% |
| Q4 2018 | 972 | $59.9B | 583,976,431 | 12 | 15 | 25 | 0.6% |