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
↑ +151
Streak
11Q ▲
Buyers last Q
55%

Smart Money Signals — CMI

Based on 2105 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 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
2,105 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 — +36% more funds vs a year ago

fund count last 6Q
+559 new funds entered over the past year (+36% 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 — 55% buying

1069 buying879 selling
Last quarter: 1,069 funds bought or added vs 879 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 (+66 vs last Q)

new funds entering per quarter
Funds opening a new CMI position: 216 → 304 → 228 → 294. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 19% medium ■ 22% new
1,252 out of 2,105 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.
💎

Buying through price weakness — shares +126%, value +34%

Value
+34%
Shares
+126%
Last quarter: funds added +126% more shares while total portfolio value only changed +34%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~294 new funds/quarter

136 → 216 → 304 → 228 → 294 new funds/Q
New funds entering each quarter: 216 → 304 → 228 → 294. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 64% veterans vs 25% newcomers

■ 64% veterans ■ 11% 1-2yr ■ 25% new
Entry-cohort mix of 2,153 holders: 1,378 (64%) are 2+ year veterans, 230 entered 1–2 years ago, and 545 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
68 of 2094 holders are among the 100 largest funds by AUM, controlling 58% 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.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 2026 Q2, 1069 hedge funds were net buyers of CMI (294 opened a new position, 775 added to an existing one), while 879 reduced or exited (736 trimmed, 143 sold completely) — a 55% buyer ratio, indicating a slight buying edge. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 58% of total institutional value in CMI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +151 funds (more new holders than closures). Total institutional holders: 2105.

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

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

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Smart Money Signal ?
Broad Consensus, Selective Conviction

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

64 top-rated funds 26 high-conviction
Consensus
7.9
/ 10
breadth
×
Elite
5.5
/ 10
conviction
Hedge Fund Positioning: CMI
2K + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 2085 1954 6.7%
13F Shares 119M 118M 0.77%
Total Value $81.85B $61.09B 33.98%
New Positions 291 228 +63
Increased Positions 760 681 +79
Closed Positions 149 129 +20
Reduced Positions 721 728 -7
Total Calls 29 26 11.54%
Total Puts 26 26 -
PUT/CALL Ratio 0.9 1.0 Neutral

Statistics: CMI

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Financial Highlights

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Institutional Holders (2026 Q2)

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.

QUARTER:
Top 25 CMI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Cincinnati Casualty Co 17.41% 46,000 $32.8M
2 Two Point Capital Management, Inc. 7.92% 27,572 $19.7M
3 Weybosset Research & Management LLC 6.96% 37,150 $26.5M
4 Hamlin Capital Management, LLC 6.16% 384,365 $274.1M
5 Outlook Capital Management, LLC 4.93% 21,401 $15.3M
6 Orion Investment Co 4.73% 22,737 $16.2M
7 Cincinnati Insurance Co 4.40% 427,800 $305.1M
8 Eldred Rock Partners, LLC 4.11% 26,782 $19.1M
9 Westhampton Capital, LLC 4.03% 13,607 $9.7M
10 Morgan Dempsey Capital Management LLC 3.82% 12,509 $8.9M
11 Lynch Asset Management, Inc. 3.72% 19,050 $13.6M
12 Pring Turner Capital Group Inc 3.68% 9,983 $6.4M
13 Enhancing Capital LLC 3.51% 7,164 $5.1M
14 Karani Asset Management LLC 3.47% 6,747 $4.8M
15 Atwater Malick LLC 3.12% 20,092 $14.3M
16 Cim, LLC 3.11% 33,742 $24.1M
17 Noesis Capital Mangement Corp 3.06% 35,703 $25.5M
18 Allen Mooney & Barnes Investment Advisors LLC 3.04% 28,039 $20.0M
19 Wallington Asset Management, LLC 3.01% 34,347 $24.5M
20 Dupree Financial Group, LLC 2.90% 10,854 $7.7M
21 Sierra Legacy Group 2.89% 5,223 $3.7M
22 Aull & Monroe Investment Management Corp 2.86% 9,579 $6.8M
23 Titan Investment Solutions Ltd 2.83% 35,487 $25.3M
24 Windward Capital Management Co /Ca 2.81% 52,083 $37.1M
25 Culbertson A N & Co Inc 2.81% 33,794 $24.1M
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 — 11 quarters in a row: For 11 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 — 55% buying: Last quarter: 1,069 funds bought or added vs 879 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 — 58% AUM from top-100 funds: 68 of 2094 holders are among the 100 largest funds by AUM, controlling 58% 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?

59% of holders stayed for 2+ years: 1,252 out of 2,105 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.

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