Cummins Inc.
MX ˙ BMV ˙ US2310211063
SecurityMX:CMI / Cummins Inc.
InstitutionWelch & Forbes Llc
Latest Disclosed Ownership42,811 shares
Latest Disclosed Value $ 23,033,181
Welch & Forbes Llc reports 3.51% decrease in ownership of CMI / Cummins Inc.

On May 1, 2026 - Welch & Forbes Llc filed a 13F-HR form disclosing ownership of 42,811 shares of Cummins Inc. (MX:CMI) valued at $23,033,181 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 10, 2026 disclosing 44,370 shares of Cummins Inc.. This represents a change in shares of -3.51% 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)
2026-05-01 2026-03-31 13F CUMMINS COM 231021106 42,811 -1,559 -3.51 23,033 1.70 0.2978
2026-02-10 2025-12-31 13F CUMMINS COM 231021106 44,370 -715 -1.59 22,649 18.94 0.2744
2025-11-04 2025-09-30 13F CUMMINS COM 231021106 45,085 -30 -0.07 19,043 28.88 0.2293
2025-08-05 2025-06-30 13F CUMMINS COM 231021106 45,115 -673 -1.47 14,775 2.95 0.1845
2025-05-02 2025-03-31 13F CUMMINS COM 231021106 45,788 -142 -0.31 14,352 -10.37 0.1878
2025-02-07 2024-12-31 13F CUMMINS COM 231021106 45,930 -1,269 -2.69 16,011 4.77 0.2059
2024-11-04 2024-09-30 13F CUMMINS COM 231021106 47,199 -185 -0.39 15,283 19.37 0.1945
2024-08-02 2024-06-30 13F CUMMINS COM 231021106 47,384 -363 -0.76 12,802 -9.00 0.1708
2024-05-03 2024-03-31 13F CUMMINS COM 231021106 47,747 -807 -1.66 14,069 20.94 0.1931
2024-02-06 2023-12-31 13F CUMMINS COM 231021106 48,554 -369 -0.75 11,632 4.08 0.1757
2023-11-03 2023-09-30 13F CUMMINS COM 231021106 48,923 -2,668 -5.17 11,177 -11.64 0.1848
2023-07-28 2023-06-30 13F CUMMINS COM 231021106 51,591 179 0.35 12,648 2.99 0.1995
2023-04-14 2023-03-31 13F CUMMINS COM 231021106 51,412 -46 -0.09 12,281 -1.49 0.2080
2023-02-02 2022-12-31 13F CUMMINS COM 231021106 51,458 470 0.92 12,468 20.15 0.2235
2022-10-31 2022-09-30 13F CUMMINS COM 231021106 50,988 -106 -0.21 10,376 4.95 0.2026
2022-07-22 2022-06-30 13F CUMMINS COM 231021106 51,094 6,376 14.26 9,887 7.81 0.1809
2022-04-25 2022-03-31 13F CUMMINS COM 231021106 44,718 -39,049 -46.62 9,171 -49.81 0.1445
2022-01-19 2021-12-31 13F CUMMINS COM 231021106 83,767 23 0.03 18,273 -2.83 0.2736
2021-10-13 2021-09-30 13F CUMMINS COM 231021106 83,744 4,833 6.12 18,806 -2.25 0.3125
2021-07-22 2021-06-30 13F CUMMINS COM 231021106 78,911 3,951 5.27 19,239 -0.95 0.3251
2021-04-14 2021-03-31 13F CUMMINS COM 231021106 74,960 6,426 9.38 19,423 24.79 0.3587
2021-01-20 2020-12-31 13F CUMMINS COM 231021106 68,534 247 0.36 15,564 7.93 0.3045
2020-10-23 2020-09-30 13F CUMMINS COM 231021106 68,287 1,030 1.53 14,420 23.76 0.3112
2020-07-15 2020-06-30 13F CUMMINS COM 231021106 67,257 -425 -0.63 11,652 27.22 0.2729
2020-04-17 2020-03-31 13F CUMMINS COM 231021106 67,682 -2,833 -4.02 9,159 -27.42 0.2558
2020-01-17 2019-12-31 13F CUMMINS COM 231021106 70,515 501 0.72 12,619 10.80 0.2808
2019-10-11 2019-09-30 13F CUMMINS COM 231021106 70,014 -310 -0.44 11,389 -5.49 0.2718
2019-07-12 2019-06-30 13F CUMMINS COM 231021106 70,324 -1,698 -2.36 12,050 5.98 0.2933
2019-04-29 2019-03-31 13F CUMMINS COM 231021106 72,022 -3,947 -5.20 11,370 11.99 0.2852
2019-02-05 2018-12-31 13F CUMMINS COM 231021106 75,969 -9,976 -11.61 10,153 -19.13 0.2862
2018-10-17 2018-09-30 13F CUMMINS COM 231021106 85,945 -125 -0.15 12,554 9.66 0.2992
2018-07-16 2018-06-30 13F CUMMINS COM 231021106 86,070 -2,875 -3.23 11,448 -20.59 0.2960
2018-04-12 2018-03-31 13F CUMMINS COM 231021106 88,945 4,102 4.83 14,417 -3.80 0.3715
2018-01-26 2017-12-31 13F CUMMINS COM 231021106 84,843 8,625 11.32 14,987 17.02 0.4000
2017-11-13 2017-09-30 13F CUMMINS COM 231021106 76,218 7,703 11.24 12,807 15.22 0.3371
2017-07-31 2017-06-30 13F CUMMINS COM 231021106 68,515 5,693 9.06 11,115 17.02 0.3106
2017-07-31 2017-03-31 13F/A-1 CUMMINS COM 231021106 62,822 11,369 22.10 9,498 35.07 0.2719
2017-04-27 2017-03-31 13F CUMMINS COM 231021106 62,822 9,498
2017-02-07 2016-12-31 13F CUMMINS COM 231021106 51,453 26,368 105.11 7,032 118.79 0.2104
2016-11-02 2016-09-30 13F CUMMINS COM 231021106 25,085 18,905 305.91 3,214 362.45 0.1111
2016-08-02 2016-06-30 13F CUMMINS COM 231021106 6,180 3,465 127.62 695 132.44 0.0212
2016-05-05 2016-03-31 13F CUMMINS COM 231021106 2,715 2,715 299 0.0093
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.