Boothbay Fund Management Significantly Increases Cummins Stake

Investment firm boosts position in engine manufacturer by over 700% in Q3 2025

Mar. 16, 2026 at 7:52am

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Boothbay Fund Management LLC significantly increased its holdings in Cummins Inc. (NYSE: CMI) during the third quarter of 2025, according to a recent 13F filing with the Securities and Exchange Commission. The fund added over 13,000 shares to its position, growing its stake in the engine manufacturer by 718.5% to a total of 15,102 shares worth approximately $6.38 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 provide insights into investor sentiment and expectations for the company's future performance.

The details

Boothbay Fund Management's increased position in Cummins was part of a broader trend of hedge funds and other institutional investors adding to their holdings in the company during the third quarter. The stock has seen strong gains over the past year as Cummins has navigated supply chain challenges and benefited from increased demand for its products.

  • Boothbay Fund Management increased its Cummins stake during the 3rd quarter of 2025.

The players

Boothbay Fund Management LLC

An investment management firm that grew its holdings in Cummins Inc. by over 700% in Q3 2025.

Cummins Inc.

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

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The takeaway

Boothbay Fund Management's substantial increase in its Cummins position suggests the investment firm sees strong growth potential for the engine manufacturer going forward, despite broader economic uncertainties.