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CMS Energy Corp

CMS
Exchange
NYSE
Industry
Electric & Other Services Combined
SEC CIK
0000811156

In the last 90 days, CMS Energy Corp insiders filed 1 open-market purchase and 0 sales; 821 institutions reported holding it in 13F filings for Q2 2026, worth $24.2B in total; Soros Fund Management is the only superinvestor holding it.

Other share classesCMSACMSCCMSDCMS.PC

13F holders, Q4 2025

Institutional positions in CMS Energy Corp as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
801
+36 vs. Q3 2025
Shares held
293.6M
+4.45M (+1.5%) vs. Q3 2025
Total value
$20.5B
−$642.9M (−3.0%) vs. Q3 2025
New holders
108
291 more added
Sold out
72
268 more reduced

11 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting CMS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 801 institutions
Q1 2021: 566 institutionsQ2 2021: 575 institutionsQ3 2021: 566 institutionsQ4 2021: 584 institutionsQ1 2022: 636 institutionsQ2 2022: 628 institutionsQ3 2022: 628 institutionsQ4 2022: 636 institutionsQ1 2023: 631 institutionsQ2 2023: 629 institutionsQ3 2023: 618 institutionsQ4 2023: 633 institutionsQ1 2024: 664 institutionsQ2 2024: 686 institutionsQ3 2024: 710 institutionsQ4 2024: 716 institutionsQ1 2025: 734 institutionsQ2 2025: 745 institutionsQ3 2025: 776 institutionsQ4 2025: 801 institutionsQ1 2026: 802 institutionsQ2 2026: 821 institutions
Value heldQ4 2025: $20.5B
Q1 2021: $15.9BQ2 2021: $15.5BQ3 2021: $15.8BQ4 2021: $17.2BQ1 2022: $18.6BQ2 2022: $18.1BQ3 2022: $15.7BQ4 2022: $17.2BQ1 2023: $16.7BQ2 2023: $16.3BQ3 2023: $14.7BQ4 2023: $16.3BQ1 2024: $16.9BQ2 2024: $16.6BQ3 2024: $20.1BQ4 2024: $18.9BQ1 2025: $21.5BQ2 2025: $20.5BQ3 2025: $21.2BQ4 2025: $20.5BQ1 2026: $23.1BQ2 2026: $24.2B
Institutions holding CMS and their total value by quarter
QuarterHoldersValue
Q2 2026821$24.2B
Q1 2026802$23.1B
Q4 2025801$20.5B
Q3 2025776$21.2B
Q2 2025745$20.5B
Q1 2025734$21.5B
Q4 2024716$18.9B
Q3 2024710$20.1B
Q2 2024686$16.6B
Q1 2024664$16.9B
Q4 2023633$16.3B
Q3 2023618$14.7B
Q2 2023629$16.3B
Q1 2023631$16.7B
Q4 2022636$17.2B
Q3 2022628$15.7B
Q2 2022628$18.1B
Q1 2022636$18.6B
Q4 2021584$17.2B
Q3 2021566$15.8B
Q2 2021575$15.5B
Q1 2021566$15.9B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding CMS Energy Corp; share changes are against Q3 2025.

Institutions holding CMS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc40,672,292$2.84B0.04%+1,501,991+3.8%Added
BlackRock, Inc.32,611,726$2.28B0.04%+1,570,885+5.1%Added
State Street Corp17,775,337$1.24B0.04%−13,418−0.1%Reduced
JPMorgan Chase & Co16,700,295$1.17B0.08%−2,223,810−11.8%Reduced
Geode Capital Management, LLC8,323,146$579.9M0.04%+183,589+2.3%Added
Massachusetts Financial Services Co8,272,363$578.5M0.19%−570,242−6.4%Reduced
Invesco Ltd.7,482,026$523.2M0.05%+43,578+0.6%Added
Victory Capital Management Inc7,386,713$516.6M0.29%−91,108−1.2%Reduced
Deutsche Bank AG7,249,139$506.9M0.17%+1,662,579+29.8%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main6,952,040$486.2M0.43%+1,866,243+36.7%Added
Wells Fargo & Company5,624,209$393.3M0.08%−56,178−1.0%Reduced
Ameriprise Financial Inc4,898,465$342.4M0.08%−2,1670.0%Reduced
Morgan Stanley4,612,982$322.6M0.02%−791,833−14.7%Reduced
GQG Partners LLC4,519,921$316.1M0.52%−901,738−16.6%Reduced
Norges Bank4,519,622$316.1M0.03%+4,519,622New
Goldman Sachs Group Inc4,093,062$286.2M0.04%−188,770−4.4%Reduced
Price T Rowe Associates Inc3,583,397$250.6M0.03%−2,513,205−41.2%Reduced
Pictet Asset Management Holding SA3,571,251$249.7M0.24%+1,481,779+70.9%Added
Bank of America Corp3,401,891$237.9M0.02%+59,677+1.8%Added
Lord, Abbett & Co. LLC3,336,728$233.3M0.72%−64,949−1.9%Reduced
UBS Asset Management Americas Inc3,138,379$219.5M0.05%−270,493−7.9%Reduced
FIL Ltd3,012,486$210.7M0.16%+49,134+1.7%Added
Northern Trust Corp2,816,169$196.9M0.03%+2,996+0.1%Added
Bank of New York Mellon Corp2,666,312$186.5M0.03%−32,422−1.2%Reduced
Legal & General Group Plc2,653,464$185.6M0.04%−182,168−6.4%Reduced
Nomura Asset Management International Inc.2,150,060$150.4M0.23%+2,150,060New
Reaves W H & Co Inc2,087,283$146.0M2.55%−61,735−2.9%Reduced
Charles Schwab Investment Management Inc1,988,291$139.0M0.02%+50,190+2.6%Added
Franklin Resources Inc1,875,718$131.2M0.03%+276,680+17.3%Added
Citadel Advisors LLC1,754,905$122.7M0.08%−1,263,678−41.9%Reduced
Amundi1,642,814$114.9M0.03%−279,025−14.5%Reduced
Jennison Associates LLC1,620,141$113.3M0.07%−31,989−1.9%Reduced
Dimensional Fund Advisors LP1,530,640$107.0M0.02%+40,528+2.7%Added
Qube Research & Technologies Ltd1,504,939$105.2M0.15%−319,531−17.5%Reduced
Cbre Clarion Securities LLC1,480,908$103.6M1.52%+508,757+52.3%Added
Parnassus Investments1,472,659$103.0M0.27%+1,472,659New
Duff & Phelps Investment Management Co1,453,667$101.7M1.15%00.0%Unchanged
iA Global Asset Management Inc.1,323,167$92.5M1.18%+30,000+2.3%Added
ING Groep NV1,263,429$88.4M0.53%+624,232+97.7%Added
DekaBank Deutsche Girozentrale1,333,955$88.0M0.16%00.0%Unchanged
UBS Group AG1,162,288$81.3M0.02%−639,846−35.5%Reduced
Royal Bank of Canada1,117,152$78.1M0.01%+126,566+12.8%Added
Soroban Capital Partners LP1,058,781$77.6M0.57%−527,963−33.3%Reduced
Soros Fund Management LLCSuperinvestorSoros Fund Management1,106,375$77.4M1.04%+330,148+42.5%Added
Nuveen, LLC1,093,334$76.5M0.02%−360,391−24.8%Reduced
First Trust Advisors LP1,080,881$75.6M0.05%−23,388−2.1%Reduced
FMR LLC976,670$68.3M0.00%+139,821+16.7%Added
ExodusPoint Capital Management, LP955,297$66.8M0.74%+176,032+22.6%Added
Freestone Grove Partners LP926,977$64.8M0.47%+926,977New
Bahl & Gaynor Inc904,315$63.2M0.32%+184,258+25.6%Added
UniSuper Management Pty Ltd901,204$63.0M0.38%−2,443−0.3%Reduced
Millennium Management LLC899,709$62.9M0.05%+549,032+156.6%Added
Standard Life Aberdeen plc877,487$61.4M0.10%+111,075+14.5%Added
Aviva PLC863,085$60.4M0.10%+47,730+5.9%Added
TD Asset Management Inc860,663$60.2M0.05%+10,550+1.2%Added
Swiss National Bank820,300$57.4M0.03%−41,900−4.9%Reduced
Vaughan Nelson Investment Management, L.P.795,529$55.6M0.54%+164,930+26.2%Added
California Public Employees Retirement System762,162$53.3M0.03%−130,169−14.6%Reduced
Zimmer Partners, LP742,500$51.9M1.37%+48,100+6.9%Added
Sumitomo Mitsui Trust Holdings, Inc.738,338$51.6M0.03%−24,797−3.2%Reduced
Prudential Financial Inc732,170$51.2M0.06%−92,414−11.2%Reduced
HSBC Holdings PLC729,009$51.0M0.03%+218,168+42.7%Added
Energy Income Partners, LLC721,101$50.4M0.91%+61,337+9.3%Added
AQR Capital Management LLC672,661$47.0M0.02%−3,085−0.5%Reduced
Rhumbline Advisers672,207$47.0M0.04%−32,006−4.5%Reduced
Barclays PLC638,907$44.7M0.02%−1,555,573−70.9%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.633,917$44.6M0.03%+33,340+5.6%Added
Bank of Nova Scotia613,021$42.9M0.06%+481,004+364.4%Added
Miller Howard Investments Inc577,414$40.4M1.22%+4,173+0.7%Added
BNP Paribas Arbitrage, SA570,443$39.9M0.03%+228,224+66.7%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys568,905$39.8M0.20%+7,434+1.3%Added
Bank of Montreal564,765$39.5M0.02%−115,607−17.0%Reduced
Assenagon Asset Management S.A.562,715$39.4M0.06%−31,107−5.2%Reduced
Rockefeller Capital Management L.P.556,029$38.9M0.07%−199,686−26.4%Reduced
Citigroup Inc531,113$37.1M0.03%−344,889−39.4%Reduced
Janus Henderson Group PLC522,492$36.5M0.02%−6,927−1.3%Reduced
Fisher Funds Management LTD508,558$35.6M0.92%−34,554−6.4%Reduced
Partners Group Holding AG498,234$34.8M2.35%−36,410−6.8%Reduced
Truist Financial Corp482,772$33.8M0.05%−238,047−33.0%Reduced
Principal Financial Group Inc463,633$32.4M0.02%+31,379+7.3%Added
STRS Ohio441,250$30.9M0.12%−10,863−2.4%Reduced
LPL Financial LLC440,626$30.8M0.01%+5,098+1.2%Added
RWC Asset Management LLP439,807$30.8M1.51%−10,616−2.4%Reduced
M&T Bank Corp412,106$28.8M0.09%−4,948−1.2%Reduced
Public Employees Retirement Association of Colorado411,937$28.8M0.11%00.0%Unchanged
Envestnet Asset Management Inc408,087$28.5M0.01%−7,559−1.8%Reduced
1832 Asset Management L.P.405,312$28.3M0.04%−15,000−3.6%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH393,939$27.6M0.04%−38,243−8.8%Reduced
US Bancorp365,442$25.6M0.03%+143,881+64.9%Added
BI Asset Management Fondsmaeglerselskab A/S362,665$25.4M0.22%−80,389−18.1%Reduced
Toronto Dominion Bank356,651$24.9M0.04%+214,950+151.7%Added
California State Teachers Retirement System356,500$24.9M0.02%−5,146−1.4%Reduced
Alliancebernstein L.P.348,248$24.4M0.01%+3,599+1.0%Added
Cidel Asset Management Inc341,790$23.9M1.69%−4,939−1.4%Reduced
Raymond James Financial Inc340,856$23.8M0.01%+3,225+1.0%Added
Allspring Global Investments Holdings, LLC336,978$23.7M0.04%−10,343−3.0%Reduced
Verition Fund Management LLC338,227$23.7M0.13%+62,553+22.7%Added
SG Americas Securities, LLC335,877$23.5M0.03%+310,868+1,243.0%Added
Schroder Investment Management Group323,396$22.8M0.02%−3,108−1.0%Reduced
CIBC Asset Management Inc309,860$21.7M0.05%+30,911+11.1%Added