CMI β€” CUMMINS INC

Ownership history in Eldred Rock Partners, LLC  Β·  9 quarters on record

This page tracks every 13F SEC filing in which Eldred Rock Partners, LLC reported a position in CUMMINS INC (CMI). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
4.87% (2024 Q1)
πŸ“Š Avg. % of fund
3.95%
πŸ“… First filed
2023 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
9

Position Intelligence

Eldred Rock Partners, LLC Γ— CMI AI Analytics

πŸ“ˆ Eldred Rock Partners, LLC outperformed the S&P 500 by +21.1% annually on this CMI position. Timing score: 50% (3/6 decisions correct). Average cost basis: $301.03. Maximum drawdown during holding period: –9.7%.

πŸ“ˆ Position Alpha vs SPY
+21.1%
annualised excess return

πŸ”₯ Exceptional β€” beat the S&P 500 by 21.1% per year on this position.
7 quarters analyzed

⏱️ Timing Score
50%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
3 of 6 add/trim decisions correct

πŸ’° Entry Quality
$301.03
+69.0% vs current ($508.74)

Best entry: $267.65 (2024 Q2)  Β·  Worst: $340.62 (2024 Q4)

πŸ›‘οΈ Drawdown Resilience
–9.7%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
75%
buy-side decisions

6 adds Β· 2 trims. Bought during 2 of 2 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
↑ Growing
last 4–5 quarters trend

πŸ“ˆ Eldred Rock Partners, LLC has been actively increasing its CMI allocation β€” a bullish signal from insiders.
Currently 4.58% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    CMI price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 9 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 34,571 -60 -0.2% 4.58% $17.6M $508.74
2025 Q3 UNCHANGED 34,631 β€” 0% 3.45% $11.3M $419.14
2025 Q2 REDUCED 34,631 -1,849 -5.1% 3.45% $11.3M $323.35
2025 Q1 ADDED 36,480 +3,425 +10.4% 3.49% $11.4M $307.72
2024 Q4 ADDED 33,055 +174 +0.5% 3.96% $11.5M $340.62
2024 Q3 ADDED 32,881 +1,285 +4.1% 3.56% $10.6M $314.81
2024 Q2 ADDED 31,596 +1,261 +4.2% 3.66% $8.7M $267.65
2024 Q1 ADDED 30,335 +303 +1.0% 4.87% $8.9M $283.11
2023 Q4 INITIATED 30,032 β€” β€” 4.58% $7.2M β€”
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