Dark Forest Capital Management’s CMS Energy CMS Stock Holding History

Dark Forest Capital Management’s Portfolio CMS Stock Details CMS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-37,161	Closed	-$2.72M	–	1031
2025 Q3	$2.72M	Buy	+37,161	New	+$2.67M	0.1%	343
2025 Q1	–	Sell	-10,472	Closed	-$698K	–	1255
2024 Q4	$698K	Sell	10,472 -2,831	-21%	-$195K	0.1%	289
2024 Q3	$940K	Buy	+13,303	New	+$873K	0.12%	184
2023 Q4	–	Sell	-6,279	Closed	-$333K	–	581
2023 Q3	$333K	Buy	+6,279	New	+$364K	0.03%	868
2021 Q4	–	Sell	-858	Closed	-$51K	–	1484
2021 Q3	$51K	Buy	+858	New	+$53.5K	0.02%	560

Other funds holding CMS

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Victory Capital Management San Antonio, Texas $156B AUM 27.51% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

DZ Bank Frankfurt Am Main, Germany $113B AUM 36.92% 1-Year Est. Return

Dark Forest Capital Management's CMS Position: Q4 2025 in Review

Dark Forest Capital Management sold out of CMS Energy (CMS) in Q4 2025, closing a stake of 37,161 shares — an estimated $2.72M sold.

Dark Forest Capital Management first reported a position in CMS in Q3 2021 and held it in 5 quarters. The position peaked at $2.72M in Q3 2025. 801 funds tracked by Wall St. Rank hold CMS as of Q4 2025.

Dark Forest Capital Management reported no remaining CMS Energy position as of Q4 2025 after selling out during the quarter.
Dark Forest Capital Management sold 37,161 CMS Energy shares in Q4 2025, an estimated $2.72M.
Dark Forest Capital Management first reported a position in CMS Energy in Q3 2021 and held it in 5 quarters.
Dark Forest Capital Management's CMS Energy position peaked at $2.72M in Q3 2025.
801 funds tracked by Wall St. Rank held CMS Energy as of Q4 2025.

Based on Dark Forest Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.