Brevan Howard Capital Boosts Stake in Cummins Inc.

Institutional investor increases position in engine manufacturer by nearly 90% in third quarter.

Mar. 15, 2026 at 10:57am

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Brevan Howard Capital Management LP increased its stake in Cummins Inc. (NYSE:CMI) by 89.9% during the third quarter, according to a recent SEC filing. The institutional investor now owns 23,069 shares of the engine manufacturer's stock, valued at $9.74 million.

Why it matters

Cummins is a major player in the global engine and power generation equipment market, so changes in institutional ownership of the stock can signal broader trends and investor sentiment around the company and industry.

The details

Brevan Howard Capital Management, a global macro hedge fund, added 10,921 shares of Cummins to its portfolio in the third quarter. This increased its total position to 23,069 shares. The filing shows Brevan Howard's holdings in Cummins were worth $9.74 million at the end of the quarter.

  • Brevan Howard increased its Cummins stake during the third quarter of 2026.

The players

Brevan Howard Capital Management LP

A global macro hedge fund that has increased its stake in engine manufacturer Cummins Inc.

Cummins Inc.

A global power technology company that designs, manufactures, and distributes diesel and natural gas engines, electrified powertrains, and related components.

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The takeaway

Brevan Howard's increased investment in Cummins suggests the hedge fund sees growth potential in the engine manufacturer, which could signal broader optimism around Cummins' business outlook and the industrial equipment sector.