Cummins Inc.
MX ˙ BMV ˙ US2310211063
SecurityMX:CMI / Cummins Inc.
InstitutionD.a. Davidson & Co.
Latest Disclosed Ownership271,554 shares
Latest Disclosed Value $ 146,101,923
D.a. Davidson & Co. reports 10.29% decrease in ownership of CMI / Cummins Inc.

On May 5, 2026 - D.a. Davidson & Co. filed a 13F-HR form disclosing ownership of 271,554 shares of Cummins Inc. (MX:CMI) valued at $146,101,923 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 29, 2026 disclosing 302,705 shares of Cummins Inc.. This represents a change in shares of -10.29% 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)
2026-05-05 2026-03-31 13F CUMMINS COM 231021106 271,554 -31,151 -10.29 146,102 -5.45 0.8857
2026-01-29 2025-12-31 13F CUMMINS COM 231021106 302,705 -10,553 -3.37 154,516 16.78 0.9465
2025-10-22 2025-09-30 13F CUMMINS COM 231021106 313,258 -15,416 -4.69 132,311 22.92 0.8466
2025-07-30 2025-06-30 13F CUMMINS COM 231021106 328,674 100,591 44.10 107,641 50.57 0.7579
2025-04-28 2025-03-31 13F CUMMINS COM 231021106 228,083 45 0.02 71,490 -10.07 0.5741
2025-01-31 2024-12-31 13F CUMMINS COM 231021106 228,038 70 0.03 79,494 7.70 0.6468
2024-11-13 2024-09-30 13F CUMMINS COM 231021106 227,968 276 0.12 73,814 17.06 0.6095
2024-08-01 2024-06-30 13F CUMMINS COM 231021106 227,692 -192 -0.08 63,055 -6.09 0.5589
2024-05-13 2024-03-31 13F CUMMINS COM 231021106 227,884 -1,932 -0.84 67,146 21.96 0.6048
2024-02-09 2023-12-31 13F CUMMINS COM 231021106 229,816 4,633 2.06 55,057 7.02 0.5398
2023-11-08 2023-09-30 13F CUMMINS COM 231021106 225,183 943 0.42 51,445 -6.42 0.5584
2023-08-11 2023-06-30 13F CUMMINS COM 231021106 224,240 6,951 3.20 54,975 5.94 0.5804
2023-04-25 2023-03-31 13F CUMMINS COM 231021106 217,289 4,317 2.03 51,895 0.57 0.5838
2023-02-03 2022-12-31 13F CUMMINS COM 231021106 212,972 2,927 1.39 51,600 20.70 0.6087
2022-11-07 2022-09-30 13F CUMMINS COM 231021106 210,045 6,203 3.04 42,749 8.36 0.5599
2022-07-28 2022-06-30 13F CUMMINS COM 231021106 203,842 16,857 9.02 39,450 2.86 0.4955
2022-05-12 2022-03-31 13F CUMMINS COM 231021106 186,985 25,177 15.56 38,353 8.66 0.4178
2022-01-31 2021-12-31 13F CUMMINS COM 231021106 161,808 40,293 33.16 35,296 29.35 0.3762
2021-11-15 2021-09-30 13F CUMMINS COM 231021106 121,515 87,072 252.80 27,288 224.93 0.3166
2021-08-10 2021-06-30 13F CUMMINS COM 231021106 34,443 661 1.96 8,398 -4.06 0.0985
2021-05-07 2021-03-31 13F CUMMINS COM 231021106 33,782 2,999 9.74 8,753 25.20 0.1120
2021-02-10 2020-12-31 13F CUMMINS COM 231021106 30,783 1,519 5.19 6,991 13.14 0.1069
2020-11-02 2020-09-30 13F CUMMINS COM 231021106 29,264 647 2.26 6,179 24.63 0.1075
2020-08-10 2020-06-30 13F CUMMINS COM 231021106 28,617 -75 -0.26 4,958 27.68 0.0926
2020-05-05 2020-03-31 13F CUMMINS COM 231021106 28,692 3,047 11.88 3,883 -15.40 0.0758
2020-02-14 2019-12-31 13F CUMMINS COM 231021106 25,645 -2,974 -10.39 4,590 -1.40 0.0742
2019-11-05 2019-09-30 13F CUMMINS COM 231021106 28,619 -3,084 -9.73 4,655 -14.30 0.0834
2019-08-13 2019-06-30 13F CUMMINS COM 231021106 31,703 -39,418 -55.42 5,432 -51.43 0.1012
2019-05-13 2019-03-31 13F CUMMINS COM 231021106 71,121 6,088 9.36 11,185 28.70 0.1922
2019-01-29 2018-12-31 13F CUMMINS COM 231021106 65,033 8,651 15.34 8,691 5.52 0.1695
2018-11-13 2018-09-30 13F CUMMINS COM 231021106 56,382 15,604 38.27 8,236 51.87 0.1465
2018-08-02 2018-06-30 13F CUMMINS COM 231021106 40,778 3,322 8.87 5,423 -10.67 0.1063
2018-05-04 2018-03-31 13F CUMMINS COM 231021106 37,456 5,561 17.44 6,071 7.76 0.1255
2018-02-08 2017-12-31 13F CUMMINS COM 231021106 31,895 3,106 10.79 5,634 16.48 0.1181
2017-11-08 2017-09-30 13F CUMMINS COM 231021106 28,789 2,370 8.97 4,837 12.88 0.0949
2017-08-11 2017-06-30 13F CUMMINS ENGINE COM 231021106 26,419 637 2.47 4,285 9.93 0.0968
2017-05-12 2017-03-31 13F CUMMINS ENGINE COM 231021106 25,782 -2,032 -7.31 3,898 2.58 0.0945
2017-02-15 2016-12-31 13F CUMMINS ENGINE COM 231021106 27,814 -4,221 -13.18 3,800 -7.41 0.0862
2016-11-18 2016-09-30 13F/A-1 CUMMINS ENGINE COM 231021106 32,035 493 1.56 4,104 15.77 0.1021
2016-11-14 2016-09-30 13F CUMMINS ENGINE COM 231021106 32,035 4,104
2016-08-13 2016-06-30 13F CUMMINS ENGINE COM 231021106 31,542 1,711 5.74 3,545 8.15 0.1043
2016-05-13 2016-03-31 13F CUMMINS ENGINE COM 231021106 29,831 4,212 16.44 3,278 45.43 0.1021
2016-02-12 2015-12-31 13F CUMMINS ENGINE COM 231021106 25,619 11,573 82.39 2,254 48.00 0.0734
2015-11-13 2015-09-30 13F CUMMINS ENGINE COM 231021106 14,046 2,025 16.85 1,523 -3.36 0.0533
2015-08-14 2015-06-30 13F CUMMINS ENGINE COM 231021106 12,021 1,071 9.78 1,576 3.89 0.0518
2015-05-06 2015-03-31 13F CUMMINS ENGINE COM 231021106 10,950 -217 -1.94 1,517 -5.66 0.0498
2015-02-12 2014-12-31 13F CUMMINS ENGINE COM 231021106 11,167 191 1.74 1,608 11.20 0.0526
2014-11-12 2014-09-30 13F CUMMINS ENGINE COM 231021106 10,976 1,426 14.93 1,446 -1.63 0.0490
2014-07-29 2014-06-30 13F CUMMINS ENGINE COM 231021106 9,550 -7,343 -43.47 1,470 -41.57 0.0498
2014-05-05 2014-03-31 13F CUMMINS ENGINE COM 231021106 16,893 -2,242 -11.72 2,516 -6.64 0.0899
2014-02-13 2013-12-31 13F/A-1 CUMMINS ENGINE COM 231021106 19,135 11,085 137.70 2,695 152.34 0.1007
2014-02-12 2013-12-31 13F CUMMINS ENGINE COM 231021106 19,135 2,695
2013-11-14 2013-09-30 13F CUMMINS ENGINE COM 231021106 8,050 580 7.76 1,068 32.34 0.0480
2013-08-16 2013-06-30 13F CUMMINS ENGINE COM 231021106 7,470 7,470 807 0.0390
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.