Cummins Inc.
MX ˙ BMV ˙ US2310211063
SecurityMX:CMI / Cummins Inc.
InstitutionArrow Financial Corp
Latest Disclosed Ownership3,740 shares
Latest Disclosed Value $ 2,012,195
Arrow Financial Corp reports 12.37% decrease in ownership of CMI / Cummins Inc.

On May 11, 2026 - Arrow Financial Corp filed a 13F-HR form disclosing ownership of 3,740 shares of Cummins Inc. (MX:CMI) valued at $2,012,195 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 5, 2026 disclosing 4,268 shares of Cummins Inc.. This represents a change in shares of -12.37% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-11 2026-03-31 13F CUMMINS Equities 231021106 3,740 -528 -12.37 2,012 -7.62 0.2024
2026-02-05 2025-12-31 13F CUMMINS Equities 231021106 4,268 -385 -8.27 2,179 10.84 0.2172
2025-10-21 2025-09-30 13F CUMMINS Equities 231021106 4,653 -123 -2.58 1,965 25.64 0.2010
2025-08-11 2025-06-30 13F CUMMINS Equities 231021106 4,776 -20 -0.42 1,564 4.06 0.1647
2025-05-05 2025-03-31 13F CUMMINS Equities 231021106 4,796 -66 -1.36 1,503 -11.28 0.1680
2025-02-14 2024-12-31 13F CUMMINS Equities 231021106 4,862 -273 -5.32 1,695 1.93 0.1609
2024-11-04 2024-09-30 13F CUMMINS COMMON STOCK 231021106 5,135 -241 -4.48 1,663 11.69 0.1537
2024-07-30 2024-06-30 13F CUMMINS COMMON STOCK 231021106 5,376 -205 -3.67 1,489 -9.49 0.1452
2024-05-21 2024-03-31 13F CUMMINS COMMON STOCK 231021106 5,581 -666 -10.66 1,644 9.89 0.1632
2024-02-12 2023-12-31 13F CUMMINS COMMON STOCK 231021106 6,247 -391 -5.89 1,497 -1.32 0.1553
2023-11-13 2023-09-30 13F CUMMINS COMMON STOCK 231021106 6,638 367 5.85 1,517 -1.37 0.1778
2023-08-09 2023-06-30 13F CUMMINS COMMON STOCK 231021106 6,271 -642 -9.29 1,537 -6.90 0.1855
2023-05-03 2023-03-31 13F CUMMINS COMMON STOCK 231021106 6,913 213 3.18 1,651 165,000.00 0.2152
2023-02-02 2022-12-31 13F CUMMINS COMMON STOCK 231021106 6,700 -604 -8.27 2 -99.93 0.2202
2022-11-07 2022-09-30 13F CUMMINS COMMON STOCK 231021106 7,304 -185 -2.47 1,486 2.48 0.2167
2022-07-25 2022-06-30 13F CUMMINS COMMON STOCK 231021106 7,489 8 0.11 1,450 -5.54 0.1977
2022-04-26 2022-03-31 13F CUMMINS COMMON STOCK 231021106 7,481 108 1.46 1,535 -4.54 0.1837
2022-01-28 2021-12-31 13F CUMMINS COMMON STOCK 231021106 7,373 1,037 16.37 1,608 13.00 0.1903
2021-10-21 2021-09-30 13F CUMMINS COMMON STOCK 231021106 6,336 -25 -0.39 1,423 -8.25 0.1836
2021-07-21 2021-06-30 13F CUMMINS COMMON STOCK 231021106 6,361 72 1.14 1,551 -4.79 0.1967
2021-04-30 2021-03-31 13F CUMMINS COMMON STOCK 231021106 6,289 458 7.85 1,629 23.04 0.2161
2021-02-08 2020-12-31 13F CUMMINS COMMON STOCK 231021106 5,831 285 5.14 1,324 13.16 0.2574
2020-11-06 2020-09-30 13F CUMMINS COMMON STOCK 231021106 5,546 -48 -0.86 1,170 20.74 0.2474
2020-07-27 2020-06-30 13F CUMMINS COMMON STOCK 231021106 5,594 74 1.34 969 29.72 0.2113
2020-04-21 2020-03-31 13F CUMMINS COMMON STOCK 231021106 5,520 -47 -0.84 747 -25.08 0.1770
2020-02-10 2019-12-31 13F CUMMINS COMMON STOCK 231021106 5,567 385 7.43 997 18.27 0.1943
2019-10-28 2019-09-30 13F CUMMINS COMMON STOCK 231021106 5,182 260 5.28 843 0.00 0.1750
2019-07-26 2019-06-30 13F CUMMINS COMMON STOCK 231021106 4,922 425 9.45 843 18.73 0.1812
2019-04-26 2019-03-31 13F CUMMINS COMMON STOCK 231021106 4,497 50 1.12 710 19.53 0.1646
2019-02-04 2018-12-31 13F CUMMINS COMMON STOCK 231021106 4,447 -5,139 -53.61 594 -57.54 0.1519
2018-10-10 2018-09-30 13F CUMMINS COMMON STOCK 231021106 9,586 -4,654 -32.68 1,399 -26.14 0.2938
2018-07-30 2018-06-30 13F CUMMINS COMMON STOCK 231021106 14,240 2,077 17.08 1,894 -3.96 0.4253
2018-04-25 2018-03-31 13F CUMMINS COMMON STOCK 231021106 12,163 116 0.96 1,972 -7.33 0.4570
2018-02-02 2017-12-31 13F CUMMINS COMMON STOCK 231021106 12,047 40 0.33 2,128 5.50 0.4920
2017-10-18 2017-09-30 13F CUMMINS COMMON STOCK 231021106 12,007 -2,498 -17.22 2,017 -14.32 0.4787
2017-08-01 2017-06-30 13F CUMMINS COMMON STOCK 231021106 14,505 -298 -2.01 2,354 5.18 0.5635
2017-04-28 2017-03-31 13F CUMMINS COMMON STOCK 231021106 14,803 -98 -0.66 2,238 9.87 0.5457
2017-02-14 2016-12-31 13F CUMMINS COMMON STOCK 231021106 14,901 -151 -1.00 2,037 5.65 0.5051
2016-10-28 2016-09-30 13F CUMMINS COMMON STOCK 231021106 15,052 -3,987 -20.94 1,928 -9.95 0.4902
2016-08-01 2016-06-30 13F CUMMINS COMMON STOCK 231021106 19,039 210 1.12 2,141 3.43 0.5584
2016-05-04 2016-03-31 13F CUMMINS COMMON STOCK 231021106 18,829 -620 -3.19 2,070 20.91 0.5493
2016-02-09 2015-12-31 13F CUMMINS COMMON STOCK 231021106 19,449 1,633 9.17 1,712 -11.52 0.4572
2015-11-06 2015-09-30 13F CUMMINS COMMON STOCK 231021106 17,816 4,434 33.13 1,935 10.19 0.5498
2015-07-28 2015-06-30 13F CUMMINS COMMON STOCK 231021106 13,382 1,485 12.48 1,756 6.49 0.4756
2015-04-30 2015-03-31 13F CUMMINS COMMON STOCK 231021106 11,897 11,897 1,649 0.4436
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.