Joel Greenblatt's CMI Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 61,473 shares of Cummins Inc. (CMI) worth $25.96 M, representing 0.11% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in CMI, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2015, adding 245,926 shares. Largest reduction occurred in Q4 2015, reducing 133,965 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Cummins (CMI) Holding Value Over Time
Track share changes against reported price movement
Quarterly Cummins (CMI) Trades by Joel Greenblatt
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +6,505 | Add 0.00% | 6,504 | $108.39 |
| Q3 2013 | -6,504 | Sold Out | 6,504 | $108.39 |
| Q4 2013 | +44,929 | New Buy | 44,929 | $140.98 |
| Q1 2014 | -42,656 | Reduce 94.94% | 2,273 | $149.14 |
| Q2 2014 | -2,273 | Sold Out | 2,273 | $149.14 |
| Q4 2014 | +49,488 | New Buy | 49,488 | $144.18 |
| Q1 2015 | +7,885 | Add 15.93% | 57,373 | $138.64 |
| Q2 2015 | +245,926 | Add 428.64% | 303,299 | $131.19 |
| Q3 2015 | +240,502 | Add 79.30% | 543,801 | $108.58 |
| Q4 2015 | -133,965 | Reduce 24.63% | 409,836 | $88.01 |
| Q1 2016 | -67,597 | Reduce 16.49% | 342,239 | $109.94 |
| Q2 2016 | -51,741 | Reduce 15.12% | 290,498 | $112.44 |
| Q3 2016 | -18,256 | Reduce 6.28% | 272,242 | $128.15 |
| Q4 2016 | -4,243 | Reduce 1.56% | 267,999 | $136.67 |
| Q1 2017 | -85,531 | Reduce 31.91% | 182,468 | $151.20 |
| Q2 2017 | -66,362 | Reduce 36.37% | 116,106 | $162.22 |
| Q3 2017 | +37,102 | Add 31.96% | 153,208 | $168.03 |
| Q4 2017 | +73,431 | Add 47.93% | 226,639 | $176.64 |
| Q1 2018 | +109,543 | Add 48.33% | 336,182 | $162.09 |
| Q2 2018 | -120,499 | Reduce 35.84% | 215,683 | $133.00 |
| Q3 2018 | -215,683 | Sold Out | 215,683 | $133.00 |
| Q4 2018 | +268,071 | New Buy | 268,071 | $133.64 |
| Q1 2019 | -102,871 | Reduce 38.37% | 165,200 | $157.87 |
| Q2 2019 | +5,355 | Add 3.24% | 170,555 | $171.34 |
| Q3 2019 | -5,462 | Reduce 3.20% | 165,093 | $162.67 |
| Q4 2019 | -33,313 | Reduce 20.18% | 131,780 | $178.96 |
| Q1 2020 | -28,226 | Reduce 21.42% | 103,554 | $135.32 |
| Q2 2020 | -27,537 | Reduce 26.59% | 76,017 | $173.26 |
| Q3 2020 | -34,180 | Reduce 44.96% | 41,837 | $211.15 |
| Q4 2020 | +14,828 | Add 35.44% | 56,665 | $227.11 |
| Q1 2021 | -25,581 | Reduce 45.14% | 31,084 | $259.10 |
| Q2 2021 | -5,027 | Reduce 16.17% | 26,057 | $243.81 |
| Q3 2021 | -1,766 | Reduce 6.78% | 24,291 | $224.57 |
| Q4 2021 | -10,070 | Reduce 41.46% | 14,221 | $218.13 |
| Q1 2022 | +7,327 | Add 51.52% | 21,548 | $205.12 |
| Q2 2022 | -4,188 | Reduce 19.44% | 17,360 | $193.55 |
| Q3 2022 | +3,988 | Add 22.97% | 21,348 | $203.53 |
| Q4 2022 | -16,064 | Reduce 75.25% | 5,284 | $242.29 |
| Q1 2023 | -2,906 | Reduce 55.00% | 2,378 | $238.88 |
| Q2 2023 | -2,378 | Sold Out | 2,378 | $238.88 |
| Q4 2023 | +15,130 | New Buy | 15,130 | $239.57 |
| Q1 2024 | +10,790 | Add 71.32% | 25,920 | $294.65 |
| Q2 2024 | -4,618 | Reduce 17.82% | 21,302 | $276.93 |
| Q3 2024 | +5,612 | Add 26.34% | 26,914 | $323.79 |
| Q4 2024 | -6,448 | Reduce 23.96% | 20,466 | $348.60 |
| Q1 2025 | +10,071 | Add 49.21% | 30,537 | $313.44 |
| Q2 2025 | +30,687 | Add 100.49% | 61,224 | $327.50 |
| Q3 2025 | +249 | Add 0.41% | 61,473 | $422.37 |
Joel Greenblatt's Cummins Investment FAQs
Joel Greenblatt first purchased Cummins Inc. (CMI) in Q2 2013, acquiring 6,504 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt has held Cummins Inc. (CMI) for 50 quarters since Q2 2013.
Joel Greenblatt's largest addition to Cummins Inc. (CMI) was in Q4 2018, adding 268,071 shares worth $35.82 M.
According to the latest 13F filing for Q3 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 61,473 shares of Cummins Inc. (CMI), valued at approximately $25.96 M.
As of the Q3 2025 filing, Cummins Inc. (CMI) represents approximately 0.11% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in Cummins Inc. (CMI) was 543,801 shares, as reported at the end of Q3 2015.