First Eagle Investment's CMI Position Overview
First Eagle Investment (via First Eagle Investment Management, LLC) currently holds 1.42 M shares of Cummins Inc. (CMI) worth $601.24 M, representing 1.09% of the portfolio. First purchased in 2015-Q4, this long-term strategic position has been held for 40 quarters.
Based on 13F filings, First Eagle Investment has maintained a strategic position in CMI, demonstrating sustained confidence in this investment. Largest addition occurred in Q4 2018, adding 567,951 shares. Largest reduction occurred in Q4 2019, reducing 322,912 shares.
Analysis based on 13F filings available since 2013 Q2
First Eagle Investment's Cummins (CMI) Holding Value Over Time
Track share changes against reported price movement
Quarterly Cummins (CMI) Trades by First Eagle Investment
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2015 | +1.43 M | New Buy | 1.43 M | $88.01 |
| Q1 2016 | +483,653 | Add 33.74% | 1.92 M | $109.94 |
| Q2 2016 | +4,812 | Add 0.25% | 1.92 M | $112.44 |
| Q3 2016 | -7,237 | Reduce 0.38% | 1.91 M | $128.15 |
| Q4 2016 | +331 | Add 0.02% | 1.92 M | $136.67 |
| Q1 2017 | +29,869 | Add 1.56% | 1.94 M | $151.20 |
| Q2 2017 | +13,228 | Add 0.68% | 1.96 M | $162.22 |
| Q3 2017 | +39,674 | Add 2.03% | 2 M | $168.03 |
| Q4 2017 | -11,353 | Reduce 0.57% | 1.99 M | $176.64 |
| Q1 2018 | -15,265 | Reduce 0.77% | 1.97 M | $162.09 |
| Q2 2018 | -3,490 | Reduce 0.18% | 1.97 M | $133.00 |
| Q3 2018 | +867 | Add 0.04% | 1.97 M | $146.07 |
| Q4 2018 | +567,951 | Add 28.85% | 2.54 M | $133.64 |
| Q1 2019 | -21,810 | Reduce 0.86% | 2.51 M | $157.87 |
| Q2 2019 | -202,743 | Reduce 8.06% | 2.31 M | $171.34 |
| Q3 2019 | -116,892 | Reduce 5.06% | 2.2 M | $162.67 |
| Q4 2019 | -322,912 | Reduce 14.71% | 1.87 M | $178.96 |
| Q1 2020 | +329,228 | Add 17.58% | 2.2 M | $135.32 |
| Q2 2020 | +10,440 | Add 0.47% | 2.21 M | $173.26 |
| Q3 2020 | -103,286 | Reduce 4.67% | 2.11 M | $211.16 |
| Q4 2020 | -11,473 | Reduce 0.54% | 2.1 M | $227.10 |
| Q1 2021 | -108,060 | Reduce 5.15% | 1.99 M | $259.11 |
| Q2 2021 | -5,000 | Reduce 0.25% | 1.98 M | $243.81 |
| Q3 2021 | -36,383 | Reduce 1.83% | 1.95 M | $224.56 |
| Q4 2021 | -38,116 | Reduce 1.96% | 1.91 M | $218.14 |
| Q1 2022 | -1,518 | Reduce 0.08% | 1.91 M | $205.11 |
| Q2 2022 | +90,554 | Add 4.75% | 2 M | $193.53 |
| Q3 2022 | +1,745 | Add 0.09% | 2 M | $203.51 |
| Q4 2022 | +55,502 | Add 2.77% | 2.06 M | $242.29 |
| Q1 2023 | +1,263 | Add 0.06% | 2.06 M | $238.88 |
| Q2 2023 | -9,318 | Reduce 0.45% | 2.05 M | $245.16 |
| Q3 2023 | -47,871 | Reduce 2.34% | 2 M | $228.46 |
| Q4 2023 | -4,184 | Reduce 0.21% | 2 M | $239.57 |
| Q1 2024 | +2,938 | Add 0.15% | 2 M | $294.65 |
| Q2 2024 | -1,179 | Reduce 0.06% | 2 M | $276.93 |
| Q3 2024 | -147,583 | Reduce 7.39% | 1.85 M | $323.79 |
| Q4 2024 | -309,483 | Reduce 16.73% | 1.54 M | $348.60 |
| Q1 2025 | +4,932 | Add 0.32% | 1.55 M | $313.44 |
| Q2 2025 | -22,316 | Reduce 1.44% | 1.52 M | $327.50 |
| Q3 2025 | -99,547 | Reduce 6.54% | 1.42 M | $422.37 |
First Eagle Investment's Cummins Investment FAQs
First Eagle Investment first purchased Cummins Inc. (CMI) in Q4 2015, acquiring 1,433,533 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
First Eagle Investment has held Cummins Inc. (CMI) for 40 quarters since Q4 2015.
First Eagle Investment's largest addition to Cummins Inc. (CMI) was in Q4 2015, adding 1,433,533 shares worth $126.16 M.
According to the latest 13F filing for Q3 2025, First Eagle Investment's firm, First Eagle Investment Management, LLC, owns 1,423,501 shares of Cummins Inc. (CMI), valued at approximately $601.24 M.
As of the Q3 2025 filing, Cummins Inc. (CMI) represents approximately 1.09% of First Eagle Investment's publicly disclosed stock portfolio, making it one of their key holdings.
First Eagle Investment's peak holding in Cummins Inc. (CMI) was 2,536,573 shares, as reported at the end of Q4 2018.