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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
Mizuho Securities USA LLC22,159$1.67M0.03%+357+1.6%Added
First Manhattan Co23,624$1.65M0.00%−690−2.8%Reduced
Capital Innovations LLC23,622$1.65M0.47%+23,622New
Teachers Retirement System of the State of Kentucky23,418$1.64M0.01%00.0%Unchanged
T. Rowe Price Investment Management, Inc.23,145$1.62M0.00%−25,720−52.6%Reduced
Covalis Capital LLP22,669$1.59M0.12%+22,669New
Cambridge Investment Research Advisors, Inc.22,610$1.58M0.00%−1,343−5.6%Reduced
Envestnet Portfolio Solutions, Inc.22,127$1.55M0.01%−609−2.7%Reduced
Ascent Group, LLC22,091$1.54M0.05%−2,503−10.2%Reduced
Spirit of America Management Corp21,700$1.52M0.32%+2,150+11.0%Added
Atria Investments LLC21,689$1.52M0.02%+3,005+16.1%Added
Crossmark Global Holdings, Inc.20,608$1.44M0.02%−995−4.6%Reduced
Investment Management Corp of Ontario20,264$1.42M0.02%+6,254+44.6%Added
Allstate Corp20,040$1.40M0.02%+9,210+85.0%Added
Blue Water Asset Management20,039$1.40M0.50%+20,039New
Opus Investment Management Inc20,000$1.40M0.85%00.0%Unchanged
Norinchukin Bank, The19,923$1.39M0.02%+1,665+9.1%Added
Cim, LLC19,561$1.37M0.18%+523+2.7%Added
Employees Retirement System of Texas19,497$1.36M0.01%−44,202−69.4%Reduced
Wedbush Securities Inc19,185$1.34M0.04%+4,977+35.0%Added
Northwestern Mutual Wealth Management Co18,938$1.32M0.00%−3,125−14.2%Reduced
Kentucky Retirement Systems18,676$1.31M0.04%00.0%Unchanged
Havemeyer Place LP18,612$1.30M0.26%+18,612New
Lido Advisors, LLC17,949$1.29M0.01%−147−0.8%Reduced
Sterling Capital Management LLC17,943$1.25M0.02%−1,970−9.9%Reduced
Hartford Investment Management Co17,581$1.23M0.04%+102+0.6%Added
Acadian Asset Management LLC17,598$1.23M0.00%+16,047+1,034.6%Added
Huntington National Bank17,287$1.21M0.01%+571+3.4%Added
Bleakley Financial Group, LLC17,051$1.19M0.02%+433+2.6%Added
Nordea Investment Management AB16,715$1.17M0.00%+35+0.2%Added
Allianz Asset Management GmbH16,721$1.17M0.00%−2,784−14.3%Reduced
Alps Advisors Inc16,407$1.15M0.01%+4,207+34.5%Added
CWM, LLC16,217$1.13M0.00%+2,370+17.1%Added
Summit Trail Advisors, LLC16,116$1.13M0.02%−2,718−14.4%Reduced
Pinebridge Investments LLC16,071$1.12M0.01%+16,071New
Magnetar Financial LLC15,612$1.09M0.01%+15,612New
Louisiana State Employees Retirement System15,500$1.08M0.02%−200−1.3%Reduced
Maryland State Retirement & Pension System15,369$1.07M0.02%00.0%Unchanged
Tounjian Advisory Partners, LLC15,346$1.07M0.36%−176−1.1%Reduced
Profund Advisors LLC15,105$1.06M0.03%−543−3.5%Reduced
Bryn Mawr Trust Co15,079$1.05M0.02%+10,217+210.1%Added
Royal London Asset Management Ltd14,846$1.04M0.00%+684+4.8%Added
Croban14,832$1.04M0.50%+201+1.4%Added
Holocene Advisors, LP14,656$1.02M0.00%−91,886−86.2%Reduced
Mirador Capital Partners LP14,486$1.01M0.14%+48+0.3%Added
Gulf International Bank (UK) Ltd14,441$1.01M0.03%−37−0.3%Reduced
GAMMA Investing LLC14,346$1.00M0.05%−832−5.5%Reduced
Vise Technologies, Inc.14,243$996.0K0.02%+5,908+70.9%Added
National Pension Service14,137$988.6K0.00%−394,883−96.5%Reduced
Fiduciary Trust Co14,032$981.2K0.01%−346−2.4%Reduced
Sequoia Financial Advisors, LLC13,941$974.9K0.01%+1,960+16.4%Added
RIA Advisory Group LLC13,922$973.6K0.24%+13,922New
New Mexico Educational Retirement Board13,810$966.0K0.03%+300+2.2%Added
Panagora Asset Management Inc13,486$943.1K0.00%−75,000−84.8%Reduced
Delta Global Management LP13,377$935.5K0.07%+13,377New
Vident Advisory, LLC13,120$917.5K0.01%−1,073−7.6%Reduced
CAPROCK Group, Inc.13,068$913.8K0.02%+508+4.0%Added
Capital International Investors12,951$905.7K0.00%+519+4.2%Added
Smartleaf Asset Management LLC12,825$903.2K0.03%+1,094+9.3%Added
Chesley Taft & Associates LLC12,831$897.3K0.04%+1,175+10.1%Added
MUFG Securities EMEA plc12,476$872.4K0.01%+6,747+117.8%Added
Summit Financial, LLC12,392$866.6K0.01%−469−3.6%Reduced
Exchange Traded Concepts, LLC12,377$865.5K0.01%−303−2.4%Reduced
Braeburn Wealth Management LLC12,263$857.5K0.44%+12,263New
Icon Advisers Inc12,200$853.1K0.18%00.0%Unchanged
Horizon Kinetics Asset Management LLC12,197$852.9K0.01%00.0%Unchanged
Federation des caisses Desjardins du Quebec12,153$849.9K0.00%−321−2.6%Reduced
Thrivent Financial for Lutherans12,095$846.0K0.00%+11+0.1%Added
Jane Street Group, LLC12,090$845.5K0.00%−280,547−95.9%Reduced
MML Investors Services, LLC12,069$844.0K0.00%+3,390+39.1%Added
Meeder Advisory Services, Inc.11,906$832.6K0.04%−2,386−16.7%Reduced
Inceptionr LLC11,760$822.4K0.23%+11,760New
Elevated Capital Advisors, LLC11,759$822.3K0.19%+435+3.8%Added
Horizon Investments, LLC11,570$809.1K0.01%+157+1.4%Added
Altfest L J & Co Inc11,363$794.6K0.09%+45+0.4%Added
Tobam11,248$787.0K0.19%+10,252+1,029.3%Added
Kesler, Norman & Wride, LLC11,241$786.1K0.13%−1,166−9.4%Reduced
MASTERINVEST Kapitalanlage GmbH11,111$782.4K0.07%−402−3.5%Reduced
Greenleaf Trust11,056$773.1K0.01%+426+4.0%Added
Integrated Investment Consultants, LLC10,861$759.5K0.15%00.0%Unchanged
V-Square Quantitative Management LLC10,829$757.3K0.08%+10,829New
Twinbeech Capital LP10,803$755.5K0.05%−40,514−78.9%Reduced
Landscape Capital Management, L.L.C.10,798$755.1K0.05%−1,328−11.0%Reduced
Danske Bank A/S10,600$741.3K0.00%−1,700−13.8%Reduced
Skopos Labs, Inc.10,527$738.3K0.03%+7,509+248.8%Added
BLB&B Advisors, LLC10,404$727.6K0.03%−890−7.9%Reduced
Sumitomo Life Insurance Co10,374$725.5K0.02%+114+1.1%Added
SBI Okasan Asset Management Co.Ltd.10,300$722.3K0.04%+10,300New
Abc Arbitrage SA10,213$714.2K0.07%−33,239−76.5%Reduced
North Dakota State Investment Board10,200$713.3K0.03%+10,200New
Empirical Finance, LLC10,062$703.6K0.03%−427−4.1%Reduced
Canton Hathaway, LLC10,000$699.3K0.13%00.0%Unchanged
Teacher Retirement System of Texas9,900$692.3K0.00%−29,293−74.7%Reduced
Centennial Wealth Advisory LLC9,736$680.8K0.18%+310+3.3%Added
Northwestern Mutual Investment Management Company, LLC9,724$680.0K0.01%+185+1.9%Added
Capital International Inc9,570$669.2K0.01%−503−5.0%Reduced
Kestra Advisory Services, LLC9,522$665.9K0.00%+1,811+23.5%Added
Tokio Marine Asset Management Co Ltd9,520$665.7K0.02%00.0%Unchanged
Metis Global Partners, LLC9,515$665.4K0.02%−7,718−44.8%Reduced