Steve Cohen's Point72 Asset Management fully liquidated its position in engine and power systems manufacturer Cummins Inc. (CMI) during the second quarter of 2026. According to the firm's latest 13F filing, it sold all 182,700 shares, a stake previously valued at approximately $98.3 million.
This disclosure reflects trades made between April 1 and June 30, 2026, and was made public on August 14. During that period, Cummins saw strong demand for its data center and power generation products. Following the quarter's end, on August 4, Cummins reported record second-quarter revenue of $9.5 billion and raised its full-year outlook, though its earnings per share missed analyst estimates.