Free · no sign-up · Q2 2026

Which funds own CMI

Cummins Inc in the Q2 2026 filings. At least 10 of the 91 current managers on file reported a position, worth $6.8bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went the other way: 9 managers trimmed or sold out against 5 buying.

Managers holding: 10; at least, of 91 current
Combined value: $6.8bn; as reported
Opened: 0; new this quarter
Added to: 5; already held
Trimmed or sold out: 9; 4 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Fidelity (FMR LLC) Long-only · $2304bn book	$4.3bn	0.2%	6,085,944	+$1.4bn+657,632	Added
AQR Capital Management LLC Quantitative · $287bn book	$885m	0.3%	1,262,659	+$374m+295,663	Added
First Eagle Investment Management LLC Activist · $60.8bn book	$383m	0.6%	536,868	-$30m-230,363	Trimmed
Neuberger Berman Group LLC Long-only · $150bn book	$339m	0.2%	476,978	+$78m-10,580	Trimmed
Acadian Asset Management LLC Quantitative · $84.2bn book	$256m	0.3%	359,260	+$55m-14,540	Trimmed
D. E. Shaw & Co. Quantitative · $210bn book	$229m	0.1%	321,490	+$6.5m-92,526	Trimmed
Voloridge Investment Management LLC Quantitative · $23.5bn book	$139m	0.6%	194,407	+$80m+86,106	Added
Man Group PLC Quantitative · $62.7bn book	$134m	0.2%	187,497	-$22m-101,304	Trimmed
Woodline Partners LP Long/short equity · $32.4bn book	$46m	0.1%	64,682	+$37m+47,674	Added
Hudson Bay Capital Management LP Multi-strategy · $36.8bn book	$27m	0.1%	38,224	+$8.0m+2,509	Added

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Freestone Grove Partners LP · Multi-strategy$35m held before
ExodusPoint Capital Management LP · Multi-strategy$13m held before
Farallon Capital Management LLC · Long/short equity$4.8m held before
PDT Partners LLC · Quantitative$1.4m held before

Ownership through time

At least 20 of the 95 managers whose filings are on file listed CMI in Q2 2026, against 20 in Q2 2013. 8 managers fewer than in Q1 2026: 2 listed it again; 2 sold out, by their own filings; 8 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

No manager on file started a position.

Largest increases, by shares

Fidelity (FMR LLC)5,428,312 to 6,085,944 shares+$469m
AQR Capital Management LLC966,996 to 1,262,659 shares+$207m
Voloridge Investment Management LLC108,301 to 194,407 shares+$61m
Verition Fund Management LLC19,830 to 22,599 shares+$2.0m
Brevan Howard Capital Management LP5,231 to 7,931 shares+$1.9m

Largest decreases, by shares

First Eagle Investment Management LLC767,231 to 536,868 shares-$164m
Millennium Management LLC421,350 to 277,042 shares-$103m
Squarepoint Ops LLC185,306 to 55,006 shares-$93m
Man Group PLC288,801 to 187,497 shares-$72m
D. E. Shaw & Co.414,016 to 321,490 shares-$66m

Left it

Farallon Capital Management LLCwas $4.8m
PDT Partners LLCwas $1.4m

Manager	First listed	Largest	Q2 2026
Fidelity (FMR LLC)	Q2 2013	$4.3bn	$4.3bn
AQR Capital Management LLC	Q2 2013	$885m	$885m
Invesco Ltd	Q2 2013	$638m	$638m
First Eagle Investment Management LLC	Q4 2015	$601m	$383m
Wellington Management Group LLP	Q2 2013	$473m	$353m
Neuberger Berman Group LLC	Q2 2013	$404m	$339m
Acadian Asset Management LLC	Q4 2016	$256m	$256m
D. E. Shaw & Co.	Q4 2015	$229m	$229m
Millennium Management LLC	Q2 2013	$227m	$198m
AllianceBernstein LP	Q2 2013	$155m	$151m
Voloridge Investment Management LLC	Q3 2014	$139m	$139m
Man Group PLC	Q1 2018	$253m	$134m
Marshall Wace LLP	Q1 2014	$57m	$57m
Woodline Partners LP	Q1 2025	$46m	$46m
Squarepoint Ops LLC	Q4 2015	$126m	$39m
T. Rowe Price Associates Inc	Q2 2013	$2.3bn	last listed Q1 2026
Capital World Investors	Q2 2013	$1.8bn	last listed Q1 2020
Capital Research Global Investors	Q2 2013	$1.8bn	last listed Q3 2023
Harris Associates LP	Q2 2013	$1.1bn	last listed Q4 2023
Citadel Advisors LLC	Q3 2016	$462m	last listed Q4 2025
MFS Investment Management	Q2 2013	$281m	last listed Q4 2019
Jane Street Group LLC	Q1 2014	$243m	last listed Q1 2026
Two Sigma Investments LP	Q2 2013	$217m	last listed Q1 2026
Two Sigma Advisers LP	Q2 2013	$212m	last listed Q2 2024
Holocene Advisors LP	Q2 2018	$187m	last listed Q4 2025

What CMI is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around CMI →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

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