Cummins Inc.

The full register, from 13F filings

The Register tab above is hand research: a dozen holders, each traced to the filing it came from. This asks the same question of the whole market for the quarter ended 31-mar-2026, where 1,933 managers reported a position. Broad where the research is deep, and shallow in the ways a 13F always is.

Built from 13F filings, which report US listed, long, US custodied positions only. A register from this source is a floor rather than a level: a holder's true position can be far larger, as BlackRock's ASML stake shows at 1.28m shares in a 13F against 26.3m in its 13G/A. Holdings held through derivatives, outside US custody, or below a manager's reporting obligation do not appear. Where a holder is marked as a family, its total sums several separate filing entities and describes something no single filing describes; the constituent entities and their share counts are listed so the total can be checked. That roll-up can legitimately exceed the family's own Schedule 13G, because a 13G is filed by one legal entity: Vanguard reports Alphabet through ten advisory entities, and The Vanguard Group Inc itself reported zero after its January 2026 disaggregation.

What a reader needs to know to read these numbers

• Cummins does not file Form 13F (it is not an institutional investment manager); the register above is built from each institutional holder's own 13F-HR, per the brief.
• Vanguard filed Form 13F-NT (notice, no holdings table) for the quarters ended 2026-03-31 and 2026-06-30 under CIK 0000102909, so its most recent holdings report is the 13F-HR for the quarter ended 2025-12-31 (filed 2026-01-29). The register uses that filing; the proxy's Vanguard figure (17,754,995 shares, 12.9 percent) is even older, sourced to a Schedule 13G/A as of 2023-12-31, and is recorded here for reference only, not used in the register row.
• The proxy's BlackRock figure (11,524,411 shares, 8.4 percent) is likewise sourced to a Schedule 13G/A as of 2023-12-31 and is superseded in the register by BlackRock's own Form 13F-HR for the quarter ended 2026-06-30 (11,503,261 shares).
• Percentages in the register are computed by this research against the shares-outstanding figure noted in each row's pct_denominator, not taken directly from a filing (except the two proxy insider rows, which reuse the proxy's own share base of 138,257,420 as of the 2026-03-16 record date).
• Cummins has a single class of common stock, $2.50 par value, one vote per share. There is no dual-class structure and no founder-control block. CEO Jennifer W. Rumsey's 119,419 shares are under 0.1 percent of the company with no enhanced voting rights; this is a professionally managed company with a dispersed institutional register, not a founder-controlled one.
• Cummins fully divested Atmus Filtration Technologies Inc. on 18 March 2024, exchanging its remaining 80.5 percent ownership of Atmus common stock in a tax-free split-off (reducing Cummins shares outstanding by 5.6 million and recording a gain of approximately $1.3 billion). No Atmus holding is listed: the Q2 FY2026 10-Q contains zero mentions of 'Atmus' anywhere in its full text, consistent with a complete exit that predates the current filing period by over two years.
• The Eaton Cummins Automated Transmission Technologies joint venture (ECJV), a 50/50 joint venture with Eaton Corporation plc, is excluded from holdings: the FY2025 10-K states it is consolidated in Cummins' financial statements because Cummins holds a majority voting interest, so it is not an equity-method minority stake.
• Cummins' FY2025 10-K NOTE 3 (Investments in Equity Investees) is the most recent filing with a full per-investee ownership-percentage-and-carrying-value table; it is dated 2025-12-31. The Q2 FY2026 10-Q (period 2026-06-30) discloses a higher combined equity-method balance ($2,265 million versus $2,133 million at 2025-12-31) and per-investee income figures, but breaks out a per-investee carrying value only for Amplify Cell Technologies LLC ($350 million). All other named holdings therefore use the FY2025 10-K's 2025-12-31 carrying values as the most recent per-investee figures actually stated in a filing.
• The FY2025 10-K NOTE 3 table also carries a residual 'Other Various' line ($406 million at 2025-12-31, $412 million at 2024-12-31) with no name and no ownership percentage; it is not listed as a holding and is recorded in unknowns instead.
• Manufacturing-entity equity income by investee (three and six months ended 2026-06-30, from the Q2 FY2026 10-Q NOTE 4) confirms the same top investees remain active and growing: Chongqing Cummins $58 million, Dongfeng Cummins $50 million, Beijing Foton Cummins $43 million and Tata Cummins $20 million of equity income for the six months ended 2026-06-30, all up year over year. These are income figures, not carrying values, and are not used to size the holdings rows.