$CMI

$531.39 +$0.78 (0.15%) Close

$CMI Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 137.7M shares outstanding

Who owns CMI?

By type of holder

Institutions 85.4% Insiders 0.0% Everyone else 14.6%

Concentration Top 10 holders own 39.8%

BlackRock, Inc. 8.4% · Vanguard Capital Management LLC 6.6%

Institutional ownership

85.4%

+0.7 pts vs last qtr

Institutional holders

2,100

+132 vs last qtr

Net shares bought

+904.8K

by institutions in Q2 2026

New / sold out

276 / 144

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Norges Bank NEW +1.8M
FMR LLC +657.6K

Biggest sellers in Q2 2026

Geode Capital Management, LLC −516.9K
Marshfield Associates SOLD OUT −448.8K

Who is planning to sell?

Notices of proposed sale, last 12 months

$37.2M

18 notices from 15 people

Shares covered

65.5K

0.05% of the company

Arranged in advance

25%

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Miller William I Director $10.6M
Mark A. Smith Officer 10b5-1 $5.76M

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2016–FY2025

−18.1%

−2.19% a year

Each share's claim on the business

+22.1%

grew without buying or selling a share

Spent on buybacks vs paid in stock

$6.06B vs $243M

over 10 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years85% 3–5 years3% 1–3 years6% Under 1 year6%

Quarterly turnover

8.1%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting CMI on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
B BlackRock, Inc.	11.5M	8.36%	−332.3K (−2.8%)	≤2021	0.1%
Shares held by quarter Peak holding12.6M (Q1'25) Change over 8 quarters−640.6K Share of the company8.360% BlackRock, Inc.'s full portfolio →
VC Vanguard Capital Management LLC	9.0M	6.55%	+34.4K (+0.4%)	≤2021	0.1%
Shares held by quarter Peak holding9.0M (Q2'26) Change over 8 quarters+9.0M Share of the company6.550% Vanguard Capital Management LLC's full portfolio →

BlackRock, Inc.

11.5M

% of company

8.36%

Change vs last qtr

−332.3K (−2.8%)

Held since

≤2021

Vanguard Capital Management LLC

9.0M

% of company

6.55%

Change vs last qtr

+34.4K (+0.4%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding Cummins Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting CMI on Form N-PORT; together they hold 31.2% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$3.12B	4.4M	3.18%	0.14%	June 30, 2026
V5 Vanguard 500 Index Fund Vanguard Index Funds	$2.55B	3.6M	2.60%	0.15%	June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$3.12B

% of company

3.18%

% of the fund

0.14%

As of

June 30, 2026

Vanguard 500 Index Fund

Vanguard Index Funds

Position value

$2.55B

% of company

2.60%

% of the fund

0.15%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Cummins Inc and how much of the fund the position is.

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