SIR Capital Management’s CMS Energy CMS Stock Holding History

SIR 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
2014 Q3	–	Sell	-441,293	Closed	-$13.7M	–	62
2014 Q2	$13.7M	Sell	441,293 -190,300	-30%	-$5.66M	1.82%	19
2014 Q1	$18.5M	Buy	631,593 +329,475	+109%	+$9.13M	2.83%	13
2013 Q4	$8.09M	Buy	302,118 +55,700	+23%	+$1.5M	1.51%	19
2013 Q3	$6.49M	Buy	246,418 +10,937	+5%	+$297K	1.08%	29
2013 Q2	$6.4M	Buy	+235,481	New	+$6.61M	1.05%	28

Other funds holding CMS

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

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

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

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

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

SIR Capital Management's CMS Position: Q3 2014 in Review

SIR Capital Management sold out of CMS Energy (CMS) in Q3 2014, closing a stake of 441,293 shares — an estimated $13.7M sold.

SIR Capital Management first reported a position in CMS in Q2 2013 and held it in 5 quarters. The position peaked at $18.5M in Q1 2014. 397 funds tracked by Wall St. Rank hold CMS as of Q3 2014.

SIR Capital Management reported no remaining CMS Energy position as of Q3 2014 after selling out during the quarter.
SIR Capital Management sold 441,293 CMS Energy shares in Q3 2014, an estimated $13.7M.
SIR Capital Management first reported a position in CMS Energy in Q2 2013 and held it in 5 quarters.
SIR Capital Management's CMS Energy position peaked at $18.5M in Q1 2014.
397 funds tracked by Wall St. Rank held CMS Energy as of Q3 2014.

Based on SIR Capital Management's 13F filing for Q3 2014, filed 14 Nov 2014.