Cummins Inc. (CMI) Ownership
CMI ownership summary
as of October 18, 2026- Institutions
- 88.0% of shares outstanding
- Insiders
- 0.21% of shares outstanding
- Shares outstanding
- 137.7M
- Float
- 137.1M shares available to trade
- Short interest
- 3.47% 4.1M shares short
- Days to cover
- 3.59 short interest up 28.9% vs prior month
- Institutions 88.02%
- Insiders 0.21%
- Other investors 11.77%
CMI top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | BlackRock Inc | 8.36% | 11.5M | $6.11B | −332,263 (−2.8%) | June 30, 2026 |
| 2 | Vanguard Capital Management, LLC | 6.55% | 9.0M | $4.79B | +34,388 (+0.4%) | June 30, 2026 |
| 3 | Vanguard Portfolio Management, LLC | 5.47% | 7.5M | $4.00B | +36,981 (+0.5%) | June 30, 2026 |
| 4 | State Street Corp | 5.02% | 6.9M | $3.67B | +101,184 (+1.5%) | June 30, 2026 |
| 5 | FMR Inc | 4.42% | 6.1M | $3.23B | +657,632 (+12.1%) | June 30, 2026 |
| 6 | Fisher Asset Management, LLC | 2.61% | 3.6M | $1.91B | +98,301 (+2.8%) | June 30, 2026 |
| 7 | Geode Capital Management, LLC | 2.35% | 3.2M | $1.72B | −516,944 (−13.8%) | June 30, 2026 |
| 8 | Morgan Stanley - Brokerage Accounts | 2.26% | 3.1M | $1.65B | +41,441 (+1.4%) | June 30, 2026 |
| 9 | Bank of America Corp | 1.43% | 2.0M | $1.05B | +217,420 (+12.4%) | June 30, 2026 |
| 10 | NORGES BANK | 1.29% | 1.8M | $945.4M | +87,751 (+5.2%) | June 30, 2026 |
| 11 | Northern Trust Corp | 1.29% | 1.8M | $942.0M | +50,737 (+2.9%) | June 30, 2026 |
| 12 | UBS Asset Mgmt Americas Inc | 1.09% | 1.5M | $797.7M | −79,824 (−5.0%) | June 30, 2026 |
| 13 | Bank of New York Mellon Corp | 0.99% | 1.4M | $725.0M | +386,123 (+39.5%) | June 30, 2026 |
| 14 | AQR Capital Management LLC | 0.92% | 1.3M | $670.9M | +295,663 (+30.6%) | June 30, 2026 |
| 15 | Dimensional Fund Advisors, Inc. | 0.90% | 1.2M | $659.0M | −157,396 (−11.3%) | June 30, 2026 |
| 16 | Nuveen, LLC | 0.80% | 1.1M | $586.6M | +392,559 (+55.2%) | June 30, 2026 |
| 17 | Arnhold & S. Bleichroeder Advisers, LLC | 0.78% | 1.1M | $570.5M | +306,505 (+39.9%) | June 30, 2026 |
| 18 | The Goldman Sachs Group Inc | 0.74% | 1.0M | $543.0M | +135,828 (+15.3%) | June 30, 2026 |
| 19 | Royal Bank of Canada | 0.70% | 967K | $513.8M | −118,979 (−11.0%) | June 30, 2026 |
| 20 | Robeco Institutional Asset Management BV | 0.70% | 965K | $512.6M | +508,555 (+111.5%) | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 15 holders added 3.4M shares and 5 cut 1.2M.
CMI top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Vanguard MStar Total Stk Mkt Idx Invest | 3.19% | 4.4M | $2.33B | −9,228 (−0.2%) | August 31, 2026 |
| 2 | Vanguard 500 Index Investor | 2.63% | 3.6M | $1.92B | −51,664 (−1.4%) | September 30, 2026 |
| 3 | Vanguard MStar Mid Cap Index Instl | 2.14% | 2.9M | $1.57B | −36,951 (−1.2%) | September 30, 2026 |
| 4 | iShares Core S&P 500 ETF | 1.33% | 1.8M | $974.7M | −2,960 (−0.2%) | September 30, 2026 |
| 5 | Fidelity 500 Index | 1.30% | 1.8M | $951.7M | +6,881 (+0.4%) | August 31, 2026 |
| 6 | State Street® SPDR® S&P 500® ETF | 1.23% | 1.7M | $896.1M | — | September 30, 2026 |
| 7 | Vanguard MStar Value Index Investor | 0.95% | 1.3M | $696.5M | −8,732 (−0.7%) | September 30, 2026 |
| 8 | Vanguard MStar Mid Cap Value ETF | 0.62% | 859K | $456.7M | −33,845 (−3.8%) | September 30, 2026 |
| 9 | Vanguard Dividend Appreciation ETF | 0.57% | 779K | $413.8M | −2,236 (−0.3%) | September 30, 2026 |
| 10 | State Street® IndstrlSelSectSPDR®ETF | 0.56% | 773K | $410.6M | −868 (−0.1%) | September 30, 2026 |
| 11 | Vanguard Institutional Index I | 0.53% | 728K | $386.9M | −9,494 (−1.3%) | September 30, 2026 |
| 12 | Fidelity Magellan | 0.51% | 706K | $375.3M | +16,300 (+2.4%) | August 31, 2026 |
| 13 | Vanguard High Dividend Yield ETF | 0.41% | 562K | $298.5M | +1,567 (+0.3%) | September 30, 2026 |
| 14 | Strategic Advisers Fidelity US TtlStk | 0.39% | 536K | $285.0M | +250 (+0.0%) | August 31, 2026 |
| 15 | CREF Total Global Stock Account R3 | 0.38% | 525K | $279.0M | +297,244 (+130.4%) | August 31, 2026 |
| 16 | JHancock Disciplined Value I | 0.29% | 399K | $211.9M | +42,039 (+11.8%) | August 31, 2026 |
| 17 | Fidelity Focused Stock | 0.27% | 371K | $197.1M | — | August 31, 2026 |
| 18 | State Street® SPDR® Port S&P 500® ETF | 0.26% | 362K | $192.2M | −234 (−0.1%) | September 30, 2026 |
| 19 | Invesco S&P 500® Equal Weight ETF | 0.26% | 353K | $187.3M | −760 (−0.2%) | September 30, 2026 |
| 20 | First Eagle Global A | 0.25% | 342K | $181.5M | — | August 31, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
CMI insider transactions
latest 20| Date | Name | Transaction | Price | Shares | Value |
|---|---|---|---|---|---|
| 2026-03-03 | Amy Rochelle Davis | Sell | $561.34 | 4,054 | $2.3M |
| 2026-02-24 | Donald G Jackson | Sell | $600.13 | 1,600 | $960,208 |
| 2026-02-23 | Amy Rochelle Davis | Sell | $586.64 | 1,864 | $1.1M |
| 2026-02-23 | Earl Newsome | Sell | $583.67 | 1,300 | $758,771 |
| 2026-02-11 | William I Miller | Sell | $597.10 | 18,107 | $10.8M |
| 2026-02-10 | Jennifer Mary Bush | Sell | $584.93 | 4,270 | $2.5M |
| 2026-02-05 | Josh Gottheimer | Buy | $540.11 | — | — |
| 2026-02-05 | Ro Khanna | Sell | $540.11 | — | — |
| 2026-02-04 | Julia Letlow | Buy | $604.61 | — | — |
| 2025-11-25 | Brett Michael Merritt | Sell | $489.32 | 1,450 | $709,514 |
| 2025-11-11 | Jennifer Rumsey | Sell | $473.89 | 4,570 | $2.2M |
| 2025-11-06 | Mark Andrew Smith | Sell | $470.66 | 13,110 | $6.2M |
| 2025-10-31 | Lisa C. McClain | Sell | $438.34 | — | — |
| 2025-10-30 | Lisa C. McClain | Buy | $438.26 | — | — |
| 2025-10-30 | Lisa C. McClain | Sell | $438.26 | — | — |
| 2025-10-30 | Mark Andrew Smith | Sell | $449.10 | 200 | $89,820 |
| 2025-10-06 | Mark Andrew Smith | Sell | $439.30 | 8,000 | $3.5M |
| 2025-09-17 | Mark Andrew Smith | Sell | $419.00 | 1,580 | $662,020 |
| 2025-09-16 | Mark Andrew Smith | Sell | $415.00 | 2,671 | $1.1M |
| 2025-09-15 | Mark Andrew Smith | Sell | $415.06 | 4,829 | $2.0M |
Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.
CMI shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns CMI
Institutional investors own 88.0% of Cummins's shares and insiders 0.21%. The largest holder is BlackRock Inc with 8.36% of the shares (11.5M), as of June 30, 2026. Among the top 20 institutions, 15 added shares and 5 reduced their stake in the latest filings. Short interest is 3.47% of the float, or 3.59 days of average trading volume. The share count fell 23.2% since 2014.
Related: CMI analyst forecast, CMI key metrics, CMI dividend history. See the CMI stock overview for the latest quote and news.
CMI ownership FAQ
Who owns the most Cummins stock?
The largest shareholders of Cummins are BlackRock Inc (8.36%), Vanguard Capital Management, LLC (6.55%), Vanguard Portfolio Management, LLC (5.47%), State Street Corp (5.02%), FMR Inc (4.42%).
What percentage of Cummins is owned by institutions?
Institutions hold 88.0% of Cummins's shares outstanding; insiders hold 0.21%.
Which funds own Cummins?
The largest fund holders of Cummins are Vanguard MStar Total Stk Mkt Idx Invest (3.19%), Vanguard 500 Index Investor (2.63%), Vanguard MStar Mid Cap Index Instl (2.14%), iShares Core S&P 500 ETF (1.33%), Fidelity 500 Index (1.30%).
What is Cummins's short interest?
4.1M shares of Cummins were sold short, 3.47% of the float; at the average daily volume it would take 3.59 days to cover.
Are insiders buying or selling Cummins?
Of the latest 20 reported insider transactions in Cummins (since September 15, 2025), 3 were purchases and 17 were sales.
How many shares of Cummins are outstanding?
Cummins has 137.7M shares outstanding, of which 137.1M are in the public float.