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Livermore
Livermore
ZHEN

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
Abound Wealth Management1$420.00%00.0%Unchanged
TFC Financial Management1$700.00%00.0%Unchanged
Murphy & Mullick Capital Management Corp1$700.00%+1New
DecisionPoint Financial, LLC3$2100.00%00.0%Unchanged
McGuire Capital Advisors Inc3$2100.00%+3New
Clark Wealth Partners4$2800.00%00.0%Unchanged
Godfrey Financial Associates, Inc.4$2800.00%+4New
SHP Wealth Management5$3310.00%+5New
Redwood Park Advisors LLC5$3500.00%00.0%Unchanged
NorthAvenue LLC5$3500.00%+5New
Ameriflex Group, Inc.6$4200.00%−6−50.0%Reduced
Retirement Wealth Solutions LLC6$4200.00%+1+20.0%Added
Seneschal Advisors, LLC6$4200.00%+2+50.0%Added
Key Capital Management, INC6$4200.00%+6New
AdvisorNet Financial, Inc7$4900.00%00.0%Unchanged
Stone House Investment Management, LLC7$4900.00%00.0%Unchanged
Davis Capital Management7$4900.00%+4+133.3%Added
Bogart Wealth, LLC7$4900.00%+7New
Lloyd Advisory Services, LLC.8$5390.00%+8New
Kayne Anderson Rudnick Investment Management LLC8$5590.00%00.0%Unchanged
Annis Gardner Whiting Capital Advisors, LLC8$5600.00%−11−57.9%Reduced
Quaker Wealth Management, LLC8$5600.00%−1−11.1%Reduced
HFM Investment Advisors, LLC8$5600.00%−1−11.1%Reduced
American Capital Advisory, LLC8$5600.00%00.0%Unchanged
Activest Wealth Management9$6290.00%−6−40.0%Reduced
Orion Capital Management LLC9$6290.00%00.0%Unchanged
Optima Capital LLC9$6290.00%+9New
Winnow Wealth LLC9$6300.00%00.0%Unchanged
Creative Financial Designs Inc10$6990.00%00.0%Unchanged
NVWM, LLC10$6990.00%00.0%Unchanged
Wolff Wiese Magana LLC10$7000.00%00.0%Unchanged
Three Bearings Fiduciary Advisors, Inc.10$7150.00%+10New
Whipplewood Advisors, LLC11$7690.00%+11New
Gunpowder Capital Management, LLC dba Oliver Wealth Management11$7690.00%+11New
Valued Wealth Advisors LLC12$8400.00%00.0%Unchanged
WestEnd Advisors, LLC13$9090.00%00.0%Unchanged
Financial Management Professionals, Inc.13$9090.00%+3+30.0%Added
ROSS\JOHNSON & Associates LLC14$9790.02%+9+180.0%Added
Golden State Wealth Management, LLC14$9790.00%+14New
1015 Capital Partners, LLC14$9790.00%+14New
Penserra Capital Management LLC27$1.00K0.00%00.0%Unchanged
Capital Advisors, Ltd. LLC8$1.00K0.00%00.0%Unchanged
Greenline Wealth Management LLC16$1.12K0.00%+16New
Cedar Mountain Advisors, LLC17$1.19K0.00%00.0%Unchanged
MTM Investment Management, LLC18$1.26K0.00%00.0%Unchanged
Signature Equity Partners, LLC18$1.26K0.00%+18New
Sunrise Financial Services, LLC18$1.26K0.00%+18New
Raffa Wealth Management, LLC19$1.33K0.00%−15−44.1%Reduced
MJT & Associates Financial Advisory Group, Inc.20$1.40K0.00%00.0%Unchanged
Private Wealth Management Group, LLC25$1.75K0.00%00.0%Unchanged
Bay Harbor Wealth Management, LLC26$1.82K0.00%+9+52.9%Added
Hughes Financial Services, LLC27$1.89K0.00%−2−6.9%Reduced
Dunhill Financial, LLC27$1.92K0.00%+3+12.5%Added
Principia Wealth Advisory, LLC28$1.96K0.00%+16+133.3%Added
Ogorek Anthony Joseph39$2.00K0.00%00.0%Unchanged
Legacy Wealth Managment, LLC29$2.03K0.00%+29New
Monetary Solutions, Ltd30$2.10K0.00%+30New
Cape Investment Advisory, Inc.32$2.24K0.00%+18+128.6%Added
Bartlett & Co. Wealth Management LLC33$2.31K0.00%00.0%Unchanged
Asset Dedication, LLC34$2.38K0.00%+34New
Rialto Wealth Management, LLC35$2.45K0.00%−21−37.5%Reduced
HighMark Wealth Management LLC36$2.52K0.00%−37−50.7%Reduced
Rossby Financial, LCC38$2.66K0.00%−198−83.9%Reduced
DiNuzzo Private Wealth, Inc.38$2.66K0.00%00.0%Unchanged
Boyd Watterson Asset Management LLC39$2.73K0.00%00.0%Unchanged
North Star Investment Management Corp.42$2.94K0.00%+35+500.0%Added
IMG Wealth Management, Inc.42$2.94K0.00%+42New
Kilter Group LLC42$2.94K0.00%+17+68.0%Added
Central Trust Co44$3.07K0.00%+1+2.3%Added
Highline Wealth Partners LLC44$3.08K0.00%00.0%Unchanged
Financial Consulate, Inc45$3.15K0.00%00.0%Unchanged
Key Financial Inc46$3.22K0.00%00.0%Unchanged
Bare Financial Services, Inc48$3.36K0.00%+3+6.7%Added
SBI Securities Co., Ltd.50$3.50K0.00%00.0%Unchanged
Essential Partners LLC50$3.52K0.00%−5−9.1%Reduced
Pittenger & Anderson Inc51$3.57K0.00%00.0%Unchanged
Glen Eagle Advisors, LLC51$3.59K0.00%00.0%Unchanged
TD Capital Management LLC52$3.63K0.00%00.0%Unchanged
Clayton Financial Group LLC53$3.71K0.00%+53New
Turning Point Benefit Group, Inc.58$4.05K0.00%+55+1,833.3%Added
Birchbrook, Inc.58$4.06K0.00%00.0%Unchanged
Old Second National Bank of Aurora60$4.20K0.00%+60New
J.Safra Asset Management Corp60$4.20K0.00%+60New
Howard Hughes Medical Institute65$4.54K0.00%+1+1.6%Added
Cullen/Frost Bankers, Inc.66$4.62K0.00%−39−37.1%Reduced
Country Trust Bank66$4.62K0.00%00.0%Unchanged
S&T Bank66$4.62K0.00%+58+725.0%Added
Transamerica Financial Advisors, Inc.67$4.68K0.00%+20+42.6%Added
Bell Investment Advisors, Inc70$4.90K0.00%−7−9.1%Reduced
Kingdom Financial Group LLC.71$4.99K0.00%+71New
Hanson & Doremus Investment Management75$5.00K0.00%00.0%Unchanged
TCTC Holdings, LLC73$5.11K0.00%00.0%Unchanged
American National Bank74$5.17K0.00%+74New
City State Bank76$5.32K0.00%+11+16.9%Added
Sunbelt Securities, Inc.77$5.38K0.00%00.0%Unchanged
Fairman Group, LLC78$5.46K0.00%+78New
Robinswood Financial LLC80$5.63K0.00%00.0%Unchanged
CBIZ Investment Advisory Services, LLC83$5.80K0.00%+20+31.7%Added
Alerus Financial NA84$5.87K0.00%00.0%Unchanged
Avion Wealth99$6.00K0.00%+13+15.1%Added