CMI β€” CUMMINS INC

Ownership history in FIFTHDELTA Ltd  Β·  5 quarters on record

This page tracks every 13F SEC filing in which FIFTHDELTA Ltd 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
27.09% (2025 Q3)
πŸ“Š Avg. % of fund
15.18%
πŸ“… First filed
2023 Q2
πŸ“… Last filed
2025 Q4
⏱ Quarters held
5

Position Intelligence

FIFTHDELTA Ltd Γ— CMI AI Analytics

πŸ“ˆ FIFTHDELTA Ltd outperformed the S&P 500 by +38.8% annually on this CMI position. Timing score: 50% (2/4 decisions correct). Average cost basis: $244.42. Maximum drawdown during holding period: –6.1%.

πŸ“ˆ Position Alpha vs SPY
+38.8%
annualised excess return

πŸ”₯ Exceptional β€” beat the S&P 500 by 38.8% per year on this position.
4 quarters analyzed

⏱️ Timing Score
50%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
2 of 4 add/trim decisions correct

πŸ’° Entry Quality
$244.42
+108.1% vs current ($508.74)

Best entry: $216.47 (2023 Q3)  Β·  Worst: $419.14 (2025 Q3)

πŸ›‘οΈ Drawdown Resilience
–6.1%
max drawdown while held

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

πŸ’ͺ Fund Conviction
60%
buy-side decisions

3 adds Β· 2 trims. Bought during 1 of 1 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

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

πŸ“ˆ FIFTHDELTA Ltd has been actively increasing its CMI allocation β€” a bullish signal from insiders.
Currently 10.49% 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 5 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 97,776 -107,343 -52.3% 10.49% $49.9M $508.74
2025 Q3 ADDED 205,119 +39,500 +23.8% 27.09% $86.6M $419.14
2025 Q2 REDUCED 165,619 -241,486 -59.3% 17.48% $54.2M $323.35
2023 Q3 ADDED 407,105 +91,000 +28.8% 12.91% $93.0M $216.47
2023 Q2 INITIATED 316,105 β€” β€” 7.96% $77.5M $230.63
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