Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CUMMINS INC (CMI)

2K + Investors. Track Smart Money conviction in CMI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +189
Streak
9Q ▲
Buyers last Q
54%

Smart Money Signals — CMI

Based on 1758 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 9 quarters in a row

last 6Q
For 9 consecutive quarters, more hedge funds added CMI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
1,758 hedge funds hold CMI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +22% more funds vs a year ago

fund count last 6Q
+320 new funds entered over the past year (+22% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 54% buying

874 buying733 selling
Last quarter: 874 funds bought or added vs 733 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+77 vs last Q)

new funds entering per quarter
Funds opening a new CMI position: 174 → 129 → 207 → 284. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 17% medium ■ 20% new
1,113 out of 1,758 hedge funds have held CMI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

195 → 174 → 129 → 207 → 284 new funds/Q
New funds entering each quarter: 174 → 129 → 207 → 284. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 65% of holders stayed 2+ years

■ 65% veterans ■ 10% 1-2yr ■ 25% new
Of 1,805 current holders: 1,178 (65%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
43 of 1758 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in CMI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CMI

In 2025 Q4, 874 hedge funds were net buyers of CMI (284 opened a new position, 590 added to an existing one), while 733 reduced or exited (638 trimmed, 95 sold completely) — a 54% buyer ratio, indicating a slight buying edge. This marks 9 consecutive quarters of net institutional buying — a persistent conviction signal. 56% of total institutional value in CMI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +189 funds (more new holders than closures). Total institutional holders: 1758.

Hedge Fund Ownership: CMI

How many hedge funds hold CMI — quarterly history vs. share price
Quarterly hedge fund ownership of CMI vs. share price

Market Analysis: CMI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CMI

Industrials Specialty Industrial Machinery

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

147 top-rated funds 25 high-conviction
Consensus
9.4
/ 10
breadth
×
Elite
5.2
/ 10
conviction
Hedge Fund Positioning: CMI
2026 Q1 Stats Unlock in 7 days 2K + Investors

Track Smart Money conviction in CMI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 1805 1623 11.21%
13F Shares 120M 115M 4.46%
Total Value $59.41B $50.11B 18.57%
New Positions 287 210 +77
Increased Positions 666 613 +53
Closed Positions 100 106 -6
Reduced Positions 686 641 +45
Total Calls 25 27 -7.41%
Total Puts 26 28 -7.14%
PUT/CALL Ratio 1.04 1.04 Neutral

Statistics: CMI

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

2K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CMI. Verified SEC 13F-HR filings.

Top 25 institutional holders of CMI — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 CINCINNATI CASUALTY CO 12.93% 46,000 $24.7M
2 Two Point Capital Management, Inc. 6.49% 27,630 $14.9M
3 WEYBOSSET RESEARCH & MANAGEMENT LLC 5.89% 37,935 $20.4M
4 Hamlin Capital Management, LLC 5.48% 421,582 $226.8M
5 PRING TURNER CAPITAL GROUP INC 4.80% 15,636 $8.0M
6 CINCINNATI INSURANCE CO 4.72% 581,100 $312.6M
7 Orion Investment Co 3.92% 22,940 $12.3M
8 Cannon Advisors, Inc. 3.56% 8,931 $4.8M
9 RBA Wealth Management, LLC 3.55% 18,337 $9.9M
10 Sierra Legacy Group 3.46% 8,430 $4.5M
11 Eldred Rock Partners, LLC 3.44% 25,155 $13.5M
12 Westhampton Capital, LLC 3.42% 13,607 $7.3M
13 Lynch Asset Management, Inc. 3.35% 18,550 $10.0M
14 Delta Accumulation, LLC 3.16% 67,700 $36.4M
15 Dupree Financial Group, LLC 3.01% 13,880 $7.5M
16 Atwater Malick LLC 2.99% 20,601 $11.1M
17 MORGAN DEMPSEY CAPITAL MANAGEMENT LLC 2.98% 12,161 $6.5M
18 FULCRUM WEALTH ADVISORS, LLC 2.91% 6,530 $3.5M
19 NOESIS CAPITAL MANGEMENT CORP 2.84% 35,700 $19.2M
20 Enhancing Capital LLC 2.81% 7,039 $3.8M
21 OLD REPUBLIC INTERNATIONAL CORP 2.55% 119,250 $64K
22 SGL Investment Advisors, Inc. 2.53% 9,603 $6.7M
23 Wallington Asset Management, LLC 2.46% 34,352 $18.5M
24 Titan Investment Solutions Ltd 2.41% 34,981 $18.8M
25 Aull & Monroe Investment Management Corp 2.40% 9,605 $5.2M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — CUMMINS INC (CMI)

What does the Smart Money Trend signal show for CMI?

Buying streak — 9 quarters in a row: For 9 consecutive quarters, more hedge funds added CMI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CMI?

Slight buying edge — 54% buying: Last quarter: 874 funds bought or added vs 733 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CMI holders?

Elite ownership — 56% AUM from top-100 funds: 43 of 1758 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in CMI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CMI?

63% of holders stayed for 2+ years: 1,113 out of 1,758 hedge funds have held CMI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.