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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
Russell Investments Group, Ltd.306,455$21.4M0.02%−24,966−7.5%Reduced
Ensign Peak Advisors, Inc304,257$21.3M0.04%−70,247−18.8%Reduced
Avalon Trust Co292,171$20.4M1.32%+825+0.3%Added
Verbena Value LP286,200$20.0M3.45%+286,200New
Quantinno Capital Management LP265,882$18.6M0.04%+29,846+12.6%Added
State Board of Administration of Florida Retirement System256,447$17.9M0.03%−30,555−10.6%Reduced
Magellan Asset Management Ltd252,895$17.7M0.21%+13,393+5.6%Added
AE Wealth Management LLC252,774$17.7M0.10%+8,609+3.5%Added
APG Asset Management N.V.286,208$17.0M0.05%−164,858−36.5%Reduced
Covea Finance231,950$16.2M0.53%−5,400−2.3%Reduced
Aventail Capital Group, LP228,835$16.0M0.92%+128,809+128.8%Added
Hudson Bay Capital Management LP225,896$15.8M0.09%+225,896New
Tortoise Capital Advisors, L.L.C.216,772$15.2M0.19%−3,673−1.7%Reduced
Manufacturers Life Insurance Company, The216,314$15.1M0.01%−43,296−16.7%Reduced
New York State Teachers Retirement System209,397$14.6M0.03%−3,321−1.6%Reduced
Macquarie Group Ltd204,899$14.3M0.06%−1,658,035−89.0%Reduced
Worldquant Millennium Advisors LLC201,351$14.1M0.05%+64,700+47.3%Added
Keybank National Association201,168$14.1M0.05%−4,547−2.2%Reduced
Public Employees Retirement System of Ohio198,290$13.9M0.04%−133−0.1%Reduced
Canada Pension Plan Investment Board196,580$13.7M0.01%+6,000+3.1%Added
Gabelli Funds LLC189,617$13.3M0.09%00.0%Unchanged
Mitsubishi UFJ Trust & Banking Corp187,458$13.1M0.03%−4,168−2.2%Reduced
Natixis Advisors, L.P.185,875$13.0M0.02%+21,852+13.3%Added
Great West Life Assurance Co185,184$13.0M0.02%+5,398+3.0%Added
National Bank of Canada183,532$12.8M0.01%+59,625+48.1%Added
Tredje AP-fonden183,462$12.8M0.10%−118,428−39.2%Reduced
Epoch Investment Partners, Inc.181,580$12.7M0.07%−7,230−3.8%Reduced
Asset Management One Co.,Ltd.176,749$12.4M0.03%−13,516−7.1%Reduced
Wealthfront Advisers LLC173,398$12.1M0.03%+5,187+3.1%Added
Artemis Investment Management LLP172,501$12.1M0.15%−76,069−30.6%Reduced
State of Wisconsin Investment Board170,487$11.9M0.03%−15,871−8.5%Reduced
Public Sector Pension Investment Board170,394$11.9M0.04%+105,818+163.9%Added
Nisa Investment Advisors, LLC164,574$11.5M0.04%+2,223+1.4%Added
Omers Administration Corp162,989$11.4M0.08%00.0%Unchanged
DnB Asset Management AS161,695$11.3M0.04%+67,355+71.4%Added
Zurcher Kantonalbank (Zurich Cantonalbank)157,946$11.0M0.02%+61,396+63.6%Added
Trillium Asset Management, LLC151,220$11.0M0.34%−23,096−13.2%Reduced
Nomura Holdings Inc156,641$11.0M0.03%+14,209+10.0%Added
Sourcerock Group LLC156,508$10.9M0.63%−268−0.2%Reduced
Bruce & Co., Inc.156,000$10.9M3.38%00.0%Unchanged
Chevy Chase Trust Holdings, Inc.154,289$10.8M0.03%+1,524+1.0%Added
Nicholas Company, Inc.152,040$10.6M0.19%−9,810−6.1%Reduced
Edgestream Partners, L.P.151,799$10.6M0.30%−3,431−2.2%Reduced
Greenland Capital Management LP148,680$10.4M1.50%−28,553−16.1%Reduced
Bokf, NA146,414$10.2M0.16%−6,617−4.3%Reduced
Hennessy Advisors Inc145,698$10.2M0.36%00.0%Unchanged
Toroso Investments, LLC142,789$9.99M0.04%+925+0.7%Added
Korea Investment CORP142,351$9.95M0.02%−1,900−1.3%Reduced
MetLife Investment Management130,128$9.10M0.04%−1,092−0.8%Reduced
Financiere des Professionnels - Fonds d,investissement inc.129,245$9.04M0.51%−3,729−2.8%Reduced
First American Trust, FSB127,706$8.93M0.61%+260+0.2%Added
Treasurer of the State of North Carolina126,801$8.87M0.03%−6,948−5.2%Reduced
New York State Common Retirement Fund123,543$8.64M0.01%−2,664−2.1%Reduced
CIBC Private Wealth Group, LLC121,202$8.48M0.01%+114,954+1,839.9%Added
Van Eck Associates Corp121,102$8.47M0.01%+8,999+8.0%Added
Resona Asset Management Co.,Ltd.120,702$8.44M0.04%+158+0.1%Added
Mattern Capital Management, LLC120,708$8.44M1.00%+2,126+1.8%Added
Nomura Asset Management Co Ltd120,697$8.44M0.02%−281−0.2%Reduced
Credit Agricole S A119,350$8.35M0.02%+14,060+13.4%Added
Graham Capital Management, L.P.118,748$8.30M0.29%−11,528−8.8%Reduced
Brasada Capital Management, LP115,880$8.16M1.40%−13,921−10.7%Reduced
Comerica Bank116,265$8.13M0.03%−6,606−5.4%Reduced
Contravisory Investment Management, Inc.116,253$8.13M1.61%−10,039−7.9%Reduced
Two Sigma Investments, LP115,819$8.10M0.01%−264,034−69.5%Reduced
B. Metzler seel. Sohn & Co. AG114,254$8.00M0.07%+35,294+44.7%Added
Howe & Rusling Inc114,058$7.98M0.53%+315+0.3%Added
Mn Services Vermogensbeheer B.V.113,530$7.94M0.05%+1,661+1.5%Added
Renaissance Technologies LLC113,500$7.94M0.01%−365,300−76.3%Reduced
Y-Intercept (Hong Kong) Ltd111,834$7.82M0.17%+35,180+45.9%Added
Susquehanna Fundamental Investments, LLC110,406$7.72M0.26%−33,378−23.2%Reduced
HighTower Advisors, LLC108,629$7.60M0.01%+4,863+4.7%Added
American Century Companies Inc108,282$7.57M0.00%−9,595−8.1%Reduced
Assetmark, Inc106,141$7.42M0.02%−2,677−2.5%Reduced
Man Group plc104,613$7.32M0.01%+46,690+80.6%Added
Healthcare of Ontario Pension Plan Trust Fund104,530$7.31M0.01%+15,480+17.4%Added
D. E. Shaw & Co., Inc.99,906$6.99M0.01%−93,885−48.4%Reduced
Marshall Wace, LLP99,340$6.95M0.01%+55,887+128.6%Added
State of Tennessee, Treasury Department96,466$6.90M0.02%−15,448−13.8%Reduced
Voloridge Investment Management, LLC93,478$6.54M0.02%+6,970+8.1%Added
Susquehanna International Group, LLP93,323$6.53M0.01%+57,074+157.4%Added
Daiwa Securities Group Inc.90,574$6.33M0.02%−958−1.0%Reduced
SEI Investments Co89,132$6.23M0.01%+11,513+14.8%Added
NewSquare Capital LLC88,468$6.19M0.55%−35,595−28.7%Reduced
ASR Vermogensbeheer N.V.86,973$6.08M0.07%−895−1.0%Reduced
First American Bank84,614$5.92M0.36%+1,370+1.6%Added
Cetera Investment Advisers84,308$5.90M0.01%+20,052+31.2%Added
New England Asset Management Inc83,465$5.84M0.76%00.0%Unchanged
Arizona State Retirement System82,095$5.74M0.03%−6,113−6.9%Reduced
Intact Investment Management Inc.81,700$5.71M0.16%00.0%Unchanged
The PNC Financial Services Group, Inc.80,426$5.62M0.00%−2,935−3.5%Reduced
Swiss Life Asset Management Ltd80,309$5.62M0.03%+5,757+7.7%Added
Czech National Bank80,244$5.61M0.04%+4,219+5.5%Added
Wiley Bros.-Aintree Capital, LLC80,089$5.60M0.03%+2,338+3.0%Added
State of Michigan Retirement System79,699$5.57M0.03%−1,300−1.6%Reduced
Creative Planning79,512$5.56M0.00%+19,181+31.8%Added
Summit Global Investments76,986$5.38M0.32%−34,544−31.0%Reduced
Voya Investment Management LLC76,886$5.38M0.01%+8,297+12.1%Added
State of New Jersey Common Pension Fund D75,497$5.28M0.02%−3,521−4.5%Reduced
Stifel Financial Corp73,434$5.14M0.00%−3,014−3.9%Reduced
SummitTX Capital, L.P.72,946$5.10M0.15%+72,946New