Who Owns Cummins Stock?
NYSE: CMIIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 8, 4:00 PM ET · Delayed 15 min
Pre-market: 524.16 +0.72%
Ownership breakdown
- Held by institutions
- 87.74%
- Held by insiders
- 0.21%
- Institutional holders
- 2,688
- Institutions 87.7%
- Insiders 0.2%
- Public and other 12.1%
Who owns Cummins stock?
Institutional investors own about 87.7% of Cummins's shares, spread across 2,688 institutions that file 13F reports. That level of institutional ownership is high, typical of large, widely followed companies. Insiders, including executives, directors and large founding shareholders, hold 0.21% of CMI.
The largest institutional holders are Blackrock Inc. (8.36%), Vanguard Capital Management LLC (6.55%) and Vanguard Portfolio Management LLC (5.47%). Together, the top 10 institutions control 39.8% of shares outstanding. In their latest filings, 8 of the top 10 institutions increased their CMI positions and 2 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of CMI
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Blackrock Inc. | 11.50M | 8.36% | -2.8% |
| Vanguard Capital Management LLC | 9.01M | 6.55% | +0.4% |
| Vanguard Portfolio Management LLC | 7.53M | 5.47% | +0.5% |
| State Street Corporation | 6.91M | 5.02% | +1.5% |
| FMR, LLC | 6.09M | 4.42% | +12.1% |
| Fisher Asset Management, LLC | 3.60M | 2.61% | +2.8% |
| Geode Capital Management, LLC | 3.23M | 2.35% | -13.8% |
| Morgan Stanley | 3.11M | 2.26% | +1.4% |
| Bank of America Corporation | 1.97M | 1.43% | +12.4% |
| NORGES BANK | 1.78M | 1.29% | +5.2% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of CMI
| Fund | Shares | % Held |
|---|---|---|
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 4.38M | 3.18% |
| VANGUARD INDEX FUNDS-Vanguard 500 Index Fund | 3.58M | 2.60% |
| VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund | 2.99M | 2.17% |
| iShares Trust-iShares Core S&P 500 ETF | 1.84M | 1.33% |
| Fidelity Concord Street Trust-Fidelity 500 Index Fund | 1.79M | 1.30% |
| SPDR S&P 500 ETF TRUST-State Street SPDR S&P 500 ETF Trust | 1.69M | 1.23% |
| VANGUARD INDEX FUNDS-Vanguard Value Index Fund | 1.31M | 0.95% |
| VANGUARD INDEX FUNDS-Vanguard Mid-Cap Value Index Fund | 886.28K | 0.64% |
| SELECT SECTOR SPDR TRT-State Street Industrial Select Sector SPDR ETF | 806.12K | 0.59% |
| VANGUARD SPECIALIZED FUNDS-Vanguard Dividend Appreciation Index Fund | 780.74K | 0.57% |
Frequently asked questions
Who is the largest shareholder of Cummins?
Blackrock Inc. is the largest institutional shareholder of CMI, owning 8.36% of shares outstanding (11.50M shares) as of its latest 13F filing.
What percentage of Cummins is owned by institutions?
Institutions own about 87.7% of CMI shares and 87.9% of the public float.
How much of Cummins do insiders own?
Insiders, such as officers and directors, own about 0.21% of CMI shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.