Joel Greenblatt's CMI Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 65,641 shares of Cummins Inc. (CMI) worth $33.51 M, representing 0.12% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 49 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 Q4 2018, adding 268,071 shares. Largest reduction occurred in Q3 2018, reducing 215,683 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 |
|---|---|---|---|---|
| Q4 2025 | +4,168 | Add 6.78% | 65,641 | $510.45 |
| Q3 2025 | +249 | Add 0.41% | 61,473 | $422.37 |
| Q2 2025 | +30,687 | Add 100.49% | 61,224 | $327.50 |
| Q1 2025 | +10,071 | Add 49.21% | 30,537 | $313.44 |
| Q4 2024 | -6,448 | Reduce 23.96% | 20,466 | $348.60 |
| Q3 2024 | +5,612 | Add 26.34% | 26,914 | $323.79 |
| Q2 2024 | -4,618 | Reduce 17.82% | 21,302 | $276.93 |
| Q1 2024 | +10,790 | Add 71.32% | 25,920 | $294.65 |
| Q4 2023 | +15,130 | New Buy | 15,130 | $239.57 |
| Q2 2023 | -2,378 | Sold Out | 0 | $0.00 |
| Q1 2023 | -2,906 | Reduce 55.00% | 2,378 | $238.88 |
| Q4 2022 | -16,064 | Reduce 75.25% | 5,284 | $242.29 |
| Q3 2022 | +3,988 | Add 22.97% | 21,348 | $203.53 |
| Q2 2022 | -4,188 | Reduce 19.44% | 17,360 | $193.55 |
| Q1 2022 | +7,327 | Add 51.52% | 21,548 | $205.12 |
| Q4 2021 | -10,070 | Reduce 41.46% | 14,221 | $218.13 |
| Q3 2021 | -1,766 | Reduce 6.78% | 24,291 | $224.57 |
| Q2 2021 | -5,027 | Reduce 16.17% | 26,057 | $243.81 |
| Q1 2021 | -25,581 | Reduce 45.14% | 31,084 | $259.10 |
| Q4 2020 | +14,828 | Add 35.44% | 56,665 | $227.11 |
| Q3 2020 | -34,180 | Reduce 44.96% | 41,837 | $211.15 |
| Q2 2020 | -27,537 | Reduce 26.59% | 76,017 | $173.26 |
| Q1 2020 | -28,226 | Reduce 21.42% | 103,554 | $135.32 |
| Q4 2019 | -33,313 | Reduce 20.18% | 131,780 | $178.96 |
| Q3 2019 | -5,462 | Reduce 3.20% | 165,093 | $162.67 |
| Q2 2019 | +5,355 | Add 3.24% | 170,555 | $171.34 |
| Q1 2019 | -102,871 | Reduce 38.37% | 165,200 | $157.87 |
| Q4 2018 | +268,071 | New Buy | 268,071 | $133.64 |
| Q3 2018 | -215,683 | Sold Out | 0 | $0.00 |
| Q2 2018 | -120,499 | Reduce 35.84% | 215,683 | $133.00 |
| Q1 2018 | +109,543 | Add 48.33% | 336,182 | $162.09 |
| Q4 2017 | +73,431 | Add 47.93% | 226,639 | $176.64 |
| Q3 2017 | +37,102 | Add 31.96% | 153,208 | $168.03 |
| Q2 2017 | -66,362 | Reduce 36.37% | 116,106 | $162.22 |
| Q1 2017 | -85,531 | Reduce 31.91% | 182,468 | $151.20 |
| Q4 2016 | -4,243 | Reduce 1.56% | 267,999 | $136.67 |
| Q3 2016 | -18,256 | Reduce 6.28% | 272,242 | $128.15 |
| Q2 2016 | -51,741 | Reduce 15.12% | 290,498 | $112.44 |
| Q1 2016 | -67,597 | Reduce 16.49% | 342,239 | $109.94 |
| Q4 2015 | -133,965 | Reduce 24.63% | 409,836 | $88.01 |
| Q3 2015 | +240,502 | Add 79.30% | 543,801 | $108.58 |
| Q2 2015 | +245,926 | Add 428.64% | 303,299 | $131.19 |
| Q1 2015 | +7,885 | Add 15.93% | 57,373 | $138.64 |
| Q4 2014 | +49,488 | New Buy | 49,488 | $144.18 |
| Q2 2014 | -2,273 | Sold Out | 0 | $0.00 |
| Q1 2014 | -42,656 | Reduce 94.94% | 2,273 | $149.14 |
| Q4 2013 | +44,929 | New Buy | 44,929 | $140.98 |
| Q3 2013 | -6,504 | Sold Out | 0 | $0.00 |
| Q2 2013 | +6,504 | Add 0.00% | 6,504 | $108.39 |
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 49 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 Q4 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 65,641 shares of Cummins Inc. (CMI), valued at approximately $33.51 M.
As of the Q4 2025 filing, Cummins Inc. (CMI) represents approximately 0.12% 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.