Assetmark Inc. Reduces Cummins Inc. Stock Holdings

Investment firm trims position in engine manufacturer by nearly 7% in Q4 2025

Apr. 17, 2026 at 7:28am

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A dramatic, high-contrast black and white close-up image of the internal machinery and components of a large industrial engine, conveying a sense of power, precision, and the backbone of the global economy.A close examination of the complex inner workings that drive Cummins' industry-leading engine technology.Columbus Today

Assetmark Inc., an investment management firm, lowered its stake in Cummins Inc. (NYSE: CMI) by 6.9% during the fourth quarter of 2025, according to a recent filing with the Securities and Exchange Commission. Assetmark now owns 24,261 shares of the engine manufacturer's stock, valued at $12.38 million as of the end of the quarter.

Why it matters

Cummins is a major player in the commercial engine and power generation equipment industry, so changes to large institutional investors' positions in the stock can signal broader market sentiment and trends in the sector.

The details

Assetmark sold 1,796 shares of Cummins stock during the fourth quarter, reducing its total position to 24,261 shares. The firm cited portfolio rebalancing and risk management as reasons for the stock sale. Cummins' shares have risen over 15% in the past year as the company has benefited from strong demand for its products.

  • Assetmark filed its Q4 2025 disclosure with the SEC on April 17, 2026.

The players

Assetmark Inc.

An investment management firm that oversees over $60 billion in client assets.

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

This filing highlights the ongoing shifts in institutional ownership of Cummins stock as investors reassess the company's prospects amid changing market conditions and industry dynamics.