Who owns Cummins (CMI)?
164 holders named in SEC filings declare between 58.7% and 77.1% of Cummins' shares outstanding, as of Jun 30, 2026. The largest are Vanguard (13.0%), BlackRock (8.4%) and State Street (5.0%); the five largest hold 33.4% together. Another 1,938 institutions hold small positions worth 8.5%. At least 14.4% of the shares appear in no ownership filing: investors who do not have to report, mostly individuals. From Mar 31, 2026 to Jun 30, 2026, institutions that filed both quarters bought 5.6% and sold 5.8% of the shares, a net sale of 0.18%; 235 opened a position, 756 added, 715 reduced and 104 sold out. Biggest buyers: Fidelity (FMR) (+657,632 shares) and Robeco Institutional Asset Management B.V. (+508,555 shares). Biggest sellers: Geode Capital (-516,944) and HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC (-382,026). Schedule 13D/G filings since Mar 31, 2026: STATE STREET CORPORATION crossed 5% (5.0%) on Jun 30, 2026. Over time, 2,087 managers declared Cummins in their 13F for Q2 2026, against 1,053 for Q4 2019: together at most 85.6% of the shares outstanding, against 82.3%.
| Holder | Filing | Share of capital | As of | Holding since (13F) |
|---|---|---|---|---|
| Vanguard | 13F | 13.0% | Jun 30, 2026 | Q4 2019 or earlier |
| BlackRock | 13F | 8.4% | Jun 30, 2026 | Q4 2019 or earlier |
| State Street | 13F | 5.0% | Jun 30, 2026 | Q4 2019 or earlier |
| Fidelity (FMR) | 13F | 4.4% | Jun 30, 2026 | Q4 2019 or earlier |
| Fisher Asset Management, LLC | 13F | 2.6% | Jun 30, 2026 | Q4 2019 or earlier |
| Geode Capital | 13F | 2.3% | Jun 30, 2026 | Q4 2019 or earlier |
| Morgan Stanley | 13F | 2.3% | Jun 30, 2026 | Q4 2019 or earlier |
| UBS | 13F | 1.7% | Jun 30, 2026 | Q4 2019 or earlier |
| Bank of America | 13F | 1.4% | Jun 30, 2026 | Q4 2019 or earlier |
| Norges Bank | 13F | 1.3% | Jun 30, 2026 | Q4 2019 or earlier |
| Northern Trust | 13F | 1.3% | Jun 30, 2026 | Q4 2019 or earlier |
| RAYMOND JAMES FINANCIAL INC | 13F | 1.1% | Jun 30, 2026 | Q4 2024 |
| BNY | 13F | 0.99% | Jun 30, 2026 | Q4 2019 or earlier |
| AQR | 13F | 0.92% | Jun 30, 2026 | Q4 2019 or earlier |
| Dimensional | 13F | 0.90% | Jun 30, 2026 | Q4 2019 or earlier |
| Nuveen | 13F | 0.80% | Jun 30, 2026 | Q4 2019 or earlier |
| Goldman Sachs | 13F | 0.74% | Jun 30, 2026 | Q4 2019 or earlier |
| ROYAL BANK OF CANADA | 13F | 0.70% | Jun 30, 2026 | Q4 2019 or earlier |
| Robeco Institutional Asset Management B.V. | 13F | 0.70% | Jun 30, 2026 | Q4 2019 or earlier |
| Legal & General | 13F | 0.68% | Jun 30, 2026 | Q4 2019 or earlier |
| JPMorgan | 13F | 0.68% | Jun 30, 2026 | Q4 2019 or earlier |
| Boston Partners | 13F | 0.67% | Jun 30, 2026 | Q3 2025 |
| Invesco | 13F | 0.65% | Jun 30, 2026 | Q4 2019 or earlier |
| Amundi | 13F | 0.65% | Jun 30, 2026 | Q4 2019 or earlier |
| Charles Schwab | 13F | 0.64% | Jun 30, 2026 | Q4 2019 or earlier |
Cummins institutional ownership over time
| Quarter | 13F managers | Share of the company (upper bound) | Value declared | Held by stock pickers |
|---|---|---|---|---|
| Q4 2019 | 1,053 | 82.3% | $21.8B | 56.8% |
| Q4 2020 | 1,141 | 81.3% | $27.3B | 56.8% |
| Q4 2021 | 1,223 | 78.3% | $24.3B | 54.1% |
| Q4 2022 | 1,265 | 83.6% | $28.6B | 52.1% |
| Q4 2023 | 1,357 | 83.4% | $28.3B | 50.7% |
| Q4 2024 | 1,541 | 84.8% | $40.6B | 47.9% |
| Q4 2025 | 1,867 | 85.8% | $60.4B | 47.7% |
| Q2 2026 | 2,087 | 85.6% | $83.8B | 47.3% |
From SEC Form 13F, every quarter since the end of 2019, read like the current quarter: entities of a house summed, a value contradicting its share count set aside. The share of the company is an upper bound — two managers can declare the same shares — over the shares outstanding at that date.