CNH Industrial N.V. (CNH) — Smart Money Tracker (13F, Q2 2026)

CNH ranks #1121 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

CNH is a disclosed holding of Bill Nygren (Harris Associates L.P.), one of the tracked superinvestors on AlphaSMO — it makes up 0.9% of that fund's own 13F portfolio.

CNH is a top-conviction position for Moerus Capital Management LLC — at 18.6% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in CNH belongs to California State Teachers Retirement System, but the position matters far more to Moerus Capital Management LLC, who has 18.6% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

California State Teachers Retirement System has added to its CNH position for two straight quarters, increasing it by $1.2B to reach $1.2B today.

Cliff Asness has trimmed its CNH position for two straight quarters, cutting it by $84.8M while still holding $74.8M.

CNH is up 9.2% today, and institutions have been net buyers of $986.6M this quarter — today's price move and the underlying institutional flow are pointing the same direction.

CNH posted net income of $311.0M over the trailing twelve months, and currently trades at a P/E of 54.9.

• Profitable — net income of $311.0M over the trailing twelve months
• Revenue grew 1.0% year over year
• Net income declined year over year, from $823.0M to $311.0M
• Generated $2.5B in positive operating cash flow
• Liabilities run 4.49x equity — a highly leveraged balance sheet worth noting