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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
Walleye Capital LLC23,877$1.67M0.01%+23,877New
Alberta Investment Management Corp23,900$1.67M0.01%00.0%Unchanged
Advisors Asset Management, Inc.23,926$1.67M0.03%+3,008+14.4%Added
Ramirez Asset Management, Inc.24,204$1.69M0.22%00.0%Unchanged
Engineers Gate Manager LP24,258$1.70M0.02%−6,958−22.3%Reduced
Portfolio Design Labs, LLC24,372$1.70M0.28%+494+2.1%Added
Baird Financial Group, Inc.24,445$1.71M0.00%+192+0.8%Added
Gateway Investment Advisers LLC24,503$1.71M0.02%+3,941+19.2%Added
Nicholson Wealth Management Group, LLC24,971$1.75M1.02%+213+0.9%Added
Gamco Investors, Inc. Et Al25,200$1.76M0.02%−1,750−6.5%Reduced
CIBC World Markets Inc.25,299$1.77M0.00%+25,299New
Bridgefront Capital, LLC25,365$1.77M0.45%+15,685+162.0%Added
Ferguson Wellman Capital Management, Inc25,496$1.78M0.03%−38−0.1%Reduced
Mather Group, LLC.25,509$1.78M0.02%+11,649+84.0%Added
GWM Advisors LLC26,154$1.83M0.01%+2,245+9.4%Added
Natixis26,172$1.83M0.01%+8,987+52.3%Added
Neuberger Berman Group LLC26,269$1.84M0.00%−1,333−4.8%Reduced
WealthTrust Axiom LLC26,400$1.85M0.47%−200−0.8%Reduced
KBC Group NV27,116$1.90M0.00%−449−1.6%Reduced
Mercer Global Advisors Inc27,287$1.91M0.00%+4,483+19.7%Added
Venture Visionary Partners LLC27,522$1.92M0.06%+10.0%Added
Steward Partners Investment Advisory, LLC28,489$1.99M0.01%+120.0%Added
HB Wealth Management, LLC28,551$2.00M0.01%+496+1.8%Added
Quest Partners LLC28,568$2.00M0.11%−20,636−41.9%Reduced
Hilton Capital Management, LLC29,352$2.05M0.15%+2,861+10.8%Added
State of Alaska, Department of Revenue30,167$2.11M0.02%−1,880−5.9%Reduced
Siemens Fonds Invest GmbH29,963$2.11M0.11%+25,863+630.8%Added
Janney Montgomery Scott LLC31,485$2.20M0.01%−847−2.6%Reduced
Cerity Partners LLC32,324$2.26M0.00%−22,406−40.9%Reduced
O'Shaughnessy Asset Management, LLC32,443$2.27M0.01%−63−0.2%Reduced
Mutual of America Capital Management LLC32,670$2.28M0.02%+229+0.7%Added
USS Investment Management Ltd32,774$2.29M0.01%00.0%Unchanged
Sigma Planning Corp33,421$2.34M0.06%+1,585+5.0%Added
Mackenzie Financial Corp33,319$2.34M0.00%+2,247+7.2%Added
Rafferty Asset Management, LLC33,513$2.34M0.01%+2,000+6.3%Added
Parr McKnight Wealth Management Group, LLC33,821$2.37M0.31%−80.0%Reduced
CWM Advisors, LLC33,858$2.37M0.21%+2,942+9.5%Added
Sanctuary Advisors, LLC34,009$2.38M0.01%+331+1.0%Added
Oregon Public Employees Retirement Fund34,829$2.44M0.03%+539+1.6%Added
Machina Capital S.A.S.34,891$2.44M0.47%+19,934+133.3%Added
Mirae Asset Global ETFs Holdings Ltd.34,965$2.45M0.00%+70.0%Added
Vinva Investment Management Ltd35,608$2.51M0.03%+22,603+173.8%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.36,160$2.53M0.00%−4,109−10.2%Reduced
Gotham Asset Management, LLC36,483$2.55M0.01%−15,205−29.4%Reduced
Fuller & Thaler Asset Management, Inc.36,495$2.55M0.01%−1,667−4.4%Reduced
Fifth Third Bancorp37,768$2.64M0.01%+986+2.7%Added
OP Asset Management Ltd37,965$2.65M0.03%−2,229−5.5%Reduced
Vestcor Inc38,199$2.67M0.08%+24,200+172.9%Added
Nissay Asset Management Corp38,685$2.71M0.01%+680+1.8%Added
Wealth Enhancement Advisory Services, LLC38,980$2.74M0.00%+5,310+15.8%Added
Eurizon Capital SGR S.p.A.39,213$2.74M0.01%+39,213New
Colony Group, LLC39,143$2.74M0.00%−4,227−9.7%Reduced
Pacer Advisors, Inc.39,362$2.75M0.01%+11,204+39.8%Added
Rakuten Investment Management, Inc.39,822$2.79M0.01%−11,178−21.9%Reduced
Mariner, LLC40,740$2.85M0.00%−18,719−31.5%Reduced
Brinker Capital Investments, LLC40,901$2.86M0.02%−5,091−11.1%Reduced
Hennion & Walsh Asset Management, Inc.41,635$2.91M0.10%+5,178+14.2%Added
New York Life Investment Management LLC41,640$2.91M0.03%+1,065+2.6%Added
Glenmede Trust Co NA41,832$2.93M0.01%+41,832New
Brookfield Asset Management Inc.42,560$2.98M0.00%00.0%Unchanged
NEOS Investment Management LLC42,900$3.00M0.02%+7,426+20.9%Added
JustInvest LLC44,522$3.11M0.03%+1,707+4.0%Added
Pathstone Holdings, LLC44,597$3.12M0.01%+2,107+5.0%Added
Martingale Asset Management L P44,773$3.13M0.08%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey45,557$3.19M0.03%−2,173−4.6%Reduced
Illinois Municipal Retirement Fund47,243$3.30M0.04%+4,515+10.6%Added
Agf Management Ltd48,081$3.36M0.01%−5,412−10.1%Reduced
Yousif Capital Management, LLC47,673$3.40M0.04%−1,473−3.0%Reduced
Utah Retirement Systems49,262$3.44M0.03%+329+0.7%Added
Sumitomo Mitsui DS Asset Management Company, Ltd49,502$3.46M0.03%+114+0.2%Added
Susquehanna Portfolio Strategies, LLC49,712$3.48M0.05%−51,933−51.1%Reduced
CIBC World Markets Corp49,764$3.48M0.02%+49,764New
Xponance, Inc.49,892$3.49M0.03%+3,301+7.1%Added
Wellington Management Group LLP50,764$3.55M0.00%−15,180−23.0%Reduced
Lombard Odier Asset Management (Europe) Ltd50,769$3.55M0.18%+18,881+59.2%Added
Forsta Ap-Fonden50,800$3.55M0.02%−23,900−32.0%Reduced
Boothbay Fund Management, LLC51,483$3.60M0.09%+10,382+25.3%Added
Private Advisor Group, LLC51,764$3.62M0.02%+9,907+23.7%Added
Woodline Partners LP51,831$3.62M0.01%+12,270+31.0%Added
Advisor Group Holdings, Inc.52,174$3.65M0.01%+10,237+24.4%Added
Oak Thistle LLC52,685$3.68M0.51%+43,994+506.2%Added
British Columbia Investment Management Corp52,994$3.71M0.02%+10,003+23.3%Added
Trexquant Investment LP54,806$3.83M0.03%−4,823−8.1%Reduced
Mirae Asset Global Investments Co., Ltd.55,758$3.90M0.01%+10,390+22.9%Added
Osmosis Investment Management UK Ltd55,822$3.90M0.10%+55,822New
Amalgamated Bank56,304$3.94M0.03%−1,232−2.1%Reduced
Captrust Financial Advisors56,504$3.95M0.01%+6,720+13.5%Added
Commonwealth Equity Services, LLC56,722$3.97M0.01%−36,601−39.2%Reduced
ProShare Advisors LLC57,904$4.05M0.01%+5,099+9.7%Added
CI Private Wealth, LLC58,116$4.07M0.01%+3,881+7.2%Added
Intech Investment Management LLC58,233$4.07M0.04%+27,829+91.5%Added
Canada Post Corp Registered Pension Plan60,069$4.20M0.16%−3,815−6.0%Reduced
Dai-Ichi Life Insurance Company, Ltd60,573$4.24M0.11%−3,918−6.1%Reduced
Benjamin Edwards Inc61,268$4.28M0.05%−593−1.0%Reduced
Logan Capital Management Inc63,161$4.42M0.19%−2,254−3.4%Reduced
Guggenheim Capital LLC63,187$4.42M0.03%+639+1.0%Added
Retirement Systems of Alabama64,740$4.53M0.01%+887+1.4%Added
Hilltop Holdings Inc.64,945$4.54M0.27%−1,699−2.5%Reduced
Bridgewater Associates, LP66,089$4.62M0.02%+15,538+30.7%Added
IFM Investors Pty Ltd67,294$4.71M0.04%+1,021+1.5%Added