CMI
Cummins Inc. · Industrials · Industrial - Machinery
Momentum inputs (comparable managers):
holder breadth -6.7% ·
share flow -1.9% ·
net new positions -7.1%
· formula
Broad distribution: falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q4 2024
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q3 2026 | 4 | +1 | 517.16K | $266.23M | +1 | −3 |
| Q2 2026 | 168 | +1 | 88.97M | $63.34B | +7 | −8 |
| Q1 2026 | 172 | +1 | 88.68M | $47.65B | +7 | −7 |
| Q4 2025 | 170 | -1 | 100.48M | $51.20B | +1 | −1 |
| Q3 2025 | 22 | +1 | 56.46M | $23.84B | +1 | −1 |
| Q2 2025 | 19 | 0 | 49.43M | $16.18B | n/a | n/a |
| Q1 2025 | 16 | +2 | 18.85M | $5.90B | +2 | n/a |
| Q4 2024 | 14 | -1 | 21.15M | $7.37B | n/a | −1 |
| Q3 2024 | 14 | -1 | 15.17M | $4.91B | +2 | −3 |
| Q2 2024 | 15 | n/a | 16.30M | $4.51B | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | State Street Global Advisors ✦ (passive) | 6.40M | n/a | $2.23B | 0.1% | n/c | 1 | SEC ↗ |
| 2 | T. Rowe Price ✦ | 5.30M | -8.7% | $1.85B | 0.2% | ▼ Trim | 3 | SEC ↗ ×2 |
| 3 | Geode Capital Management ✦ (passive) | 3.38M | +2.5% | $1.17B | 0.1% | ▲ Add | 3 | SEC ↗ ×2 |
| 4 | Fisher Asset Management ✦ | 3.07M | +2.2% | $1.07B | 0.4% | ▲ Add | 3 | SEC ↗ |
| 5 | Norges Bank ✦ (passive) | 1.43M | +7.8% | $499.49M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 6 | AQR Capital Management ✦ | 598.08K | -7.3% | $208.49M | 0.3% | ▼ Trim | 3 | SEC ↗ ×5 |
| 7 | Citadel Advisors ✦ | 464.71K | +73.0% | $162.00M | 0.2% | ▲ Add | 3 | SEC ↗ ×2 |
| 8 | Millennium Management ✦ | 169.78K | -43.1% | $59.19M | 0.1% | ▼ Trim | 3 | SEC ↗ |
| 9 | Point72 Asset Management ✦ | 169.05K | +208.1% | $58.93M | 0.2% | ▲ Add | 2 | SEC ↗ |
| 10 | Adage Capital Partners ✦ | 128.17K | +108.3% | $44.68M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 11 | Gotham Asset Management ✦ | 20.47K | -24.0% | $7.13M | 0.1% | ▼ Trim | 3 | SEC ↗ |
| 12 | Two Sigma Investments ✦ | 7.29K | -62.8% | $2.54M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 13 | Marshall Wace ✦ | 6.90K | -9.4% | $2.41M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 14 | Wellington Management ✦ | 3.64K | -15.2% | $1.27M | 0.0% | ▼ Trim | 3 | SEC ↗ ×2 |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| Arrowstreet Capital | $114.63M | was 0.1% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 1,938 holders, 115.83M shares, $60.00B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold: shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Officer · 698 sh · $399,410
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology