I work for Cummins it is not owned by Ford. Ford had some stake in them some time ago, but sold it off. Many rumors and old information floating around out there, just because it is on the internet doesn't mean its true. A simple search even showed a internet post from 2003 that was 100% copied and reposted again in 2011. I find it funny how people always forget to look at dates--especially dredging up old internet posts.
Here is the major breakdown
Cummins Inc. (CMI)
-NYSE
111.12 1.30(1.16%) Jun 21, 4:01PM EDT|After Hours : 111.12 0.00 (0.00%) Jun 21, 5:06PM EDT
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Major Holders
Get Major Holders for: Breakdown % of Shares Held by All Insider and 5% Owners:0%
% of Shares Held by Institutional & Mutual Fund Owners:85%
% of Float Held by Institutional & Mutual Fund Owners: 86%
Number of Institutions Holding Shares:758
Major Direct Holders (Forms 3 & 4)
Holder
Shares
Reported
LINEBARGER NORMAN THOMAS
49,454
Mar 6, 2013
FREELAND RICHARD JOSEPH
38,220
Mar 6, 2013
SATTERTHWAITE TONY
33,568
Mar 6, 2013
MILLER WILLIAM I
34,255
May 19, 2013
HERMAN ALEXIS M
29,761
May 19, 2013
Top Institutional Holders
Holder
Shares
% Out
Value*
Reported
State Street Corporation
13,148,996
6.93
1,522,785,226
Mar 31, 2013
FMR, LLC
12,055,260
6.35
1,396,119,660
Mar 31, 2013
Capital World Investors
10,116,600
5.33
1,171,603,446
Mar 31, 2013
Vanguard Group, Inc. (The)
8,046,928
4.24
931,914,731
Mar 31, 2013
BlackRock Institutional Trust Company, N.A.
5,477,373
2.89
634,334,567
Mar 31, 2013
Waddell & Reed Financial Inc.
5,451,935
2.87
631,388,592
Mar 31, 2013
Bank of New York Mellon Corporation
3,375,288
1.78
390,892,103
Mar 31, 2013
Northern Trust Corporation
3,066,327
1.62
355,111,329
Mar 31, 2013
UBS Global Asset Management (Americas) Inc
2,610,753
1.38
302,351,304
Mar 31, 2013
Harris Associates L.P.
2,310,104
1.22
267,533,144
Mar 31, 2013
Top Mutual Fund Holders
Holder
Shares
% Out
Value*
Reported
Ivy Asset Strategy Fund
3,308,600
1.74
383,168,966
Mar 31, 2013
Growth Fund Of America Inc
2,895,000
1.53
335,269,950
Mar 31, 2013
American Balanced Fund
2,695,000
1.42
312,107,950
Mar 31, 2013
Vanguard Total Stock Market Index Fund
2,514,355
1.33
291,187,452
Mar 31, 2013
Fidelity Growth Company Fund
1,790,000
0.94
190,438,100
Apr 30, 2013
SPDR S&P 500 ETF Trust
1,661,125
0.88
198,720,383
May 31, 2013
Vanguard 500 Index Fund
1,678,411
0.88
194,376,777
Mar 31, 2013
Vanguard Institutional Index Fund-Institutional Index Fund
1,659,493
0.87
192,185,884
Mar 31, 2013
Fundamental Investors Inc
1,410,000
0.74
163,292,100
Mar 31, 2013
Fidelity Blue Chip Growth Fund
1,357,000
0.72
144,371,230
Apr 30, 2013