Applied Capital LLC FL Sells Cummins Inc. Shares

Institutional investor reduces stake in engine manufacturer by over 72%

Apr. 2, 2026 at 7:08am

Applied Capital LLC FL, an institutional investor, decreased its position in Cummins Inc. (NYSE:CMI) by 72.3% in the fourth quarter, according to a disclosure with the Securities and Exchange Commission. The firm now owns 1,800 shares of the company's stock, down from 6,503 shares previously.

Why it matters

This transaction highlights the shifting investment strategies of institutional investors in the industrial manufacturing sector, particularly around Cummins, a major producer of engines and power systems. Tracking changes in institutional ownership can provide insights into broader market trends and investor sentiment.

The details

According to the SEC filing, Applied Capital LLC FL sold 4,703 shares of Cummins stock during the fourth quarter. The firm's remaining position is valued at $919,000. Other hedge funds and institutional investors have also modified their Cummins holdings recently, with some increasing and others decreasing their stakes.

  • The transaction occurred in the fourth quarter of 2025.
  • Applied Capital LLC FL's previous position was disclosed in a filing from the prior quarter.

The players

Applied Capital LLC FL

An institutional investor that has decreased its position in Cummins Inc.

Cummins Inc.

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

Got photos? Submit your photos here. ›

The takeaway

This transaction reflects the evolving investment landscape, as institutional investors adjust their portfolios in response to market conditions and industry trends. The changes in Cummins' shareholder base bear watching, as they could signal broader shifts in sentiment around the company and the industrial manufacturing sector.