American Century Companies Inc. Sells 69,281 Shares of Cummins Inc.

Asset management firm reduces stake in engine manufacturer

Published on Feb. 28, 2026

Got story updates? Submit your updates here. ›

American Century Companies Inc. has reduced its holdings in Cummins Inc. (NYSE:CMI) by 7.6%, selling 69,281 shares during the third quarter. The firm now owns 840,372 shares, or 0.61% of the company's stock, worth $354,949,000 as of its most recent SEC filing.

Why it matters

This transaction provides insight into the investment strategy of American Century Companies, one of the largest asset management firms in the U.S. The sale of Cummins shares suggests the firm may be rebalancing its portfolio or adjusting its exposure to the engine manufacturing sector.

The details

According to the 13F filing, American Century Companies sold 69,281 shares of Cummins stock during the third quarter. This reduced the firm's total holdings in Cummins to 840,372 shares, worth approximately $354.9 million. The sale represents a 7.6% decrease in American Century's position in the company.

  • American Century Companies filed the 13F report for the third quarter of 2026.

The players

American Century Companies Inc.

A global asset management firm headquartered in Kansas City, Missouri, with over $250 billion in assets under management.

Cummins Inc.

A multinational corporation that designs, manufactures, distributes and services diesel and natural gas engines, as well as related components and technologies.

Got photos? Submit your photos here. ›

The takeaway

This transaction highlights the ongoing portfolio adjustments and investment decisions made by major asset management firms like American Century Companies. The sale of Cummins shares suggests the firm may be reevaluating its exposure to the engine manufacturing sector or rebalancing its overall investment strategy.