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CMS Energy

744 hedge funds and large institutions have $20.5B invested in CMS Energy in 2025 Q2 according to their latest regulatory filings, with 92 funds opening new positions, 292 increasing their positions, 240 reducing their positions, and 73 closing their positions.

New
Increased
Maintained
Reduced
Closed

368% more call options, than puts

Call options by funds: $59.5M | Put options by funds: $12.7M

26% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 73

22% more repeat investments, than reductions

Existing positions increased: 292 | Existing positions reduced: 240

2.79% more ownership

Funds ownership: 95.93%98.72% (+2.8%)

2% more funds holding

Funds holding: 732744 (+12)

5% less capital invested

Capital invested by funds: $21.5B → $20.5B (-$1.1B)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
744
Holders Change
+12
Holders Change %
+1.64%
% of All Funds
9.8%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
92
Increased
292
Reduced
240
Closed
73
Calls
$59.5M
Puts
$12.7M
Net Calls
+$46.8M
Net Calls Change
-$14.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Citadel Advisors
26
Citadel Advisors
Florida
$149M +$51.9M +728,091 +51%
Pictet Asset Management
27
Pictet Asset Management
Switzerland
$148M -$9.64M -135,304 -6%
PL
28
Perpetual Ltd
Australia
$141M -$8.14M -114,245 -5%
Charles Schwab
29
Charles Schwab
California
$133M +$1.64M +22,994 +1%
WHRC
30
W.H. Reaves & Co
New Jersey
$130M +$108M +1,511,164 +418%
Jennison Associates
31
Jennison Associates
New York
$128M -$1.43M -20,138 -1%
N
32
Nuveen
North Carolina
$119M +$21.2M +296,927 +21%
Truist Financial
33
Truist Financial
North Carolina
$119M -$3.1M -43,496 -2%
Franklin Resources
34
Franklin Resources
California
$111M -$7.3M -102,442 -6%
Macquarie Group
35
Macquarie Group
Australia
$102M +$12.3M +172,011 +13%
Qube Research & Technologies (QRT)
36
Qube Research & Technologies (QRT)
United Kingdom
$101M +$95M +1,333,743 +1,049%
DPIM
37
Duff & Phelps Investment Management
Illinois
$101M +$5.1M +71,620 +5%
Amundi
38
Amundi
France
$100M -$95.6M -1,342,439 -48%
SCP
39
Soroban Capital Partners
New York
$99.4M +$69.9M +980,733 +216%
Dimensional Fund Advisors
40
Dimensional Fund Advisors
Texas
$96.2M +$3.26M +45,808 +3%
IGAM
41
iA Global Asset Management
Quebec, Canada
$94.4M -$4.25M -59,608 -4%
DekaBank Deutsche Girozentrale
42
DekaBank Deutsche Girozentrale
Germany
$91.6M +$75.7K +1,063 +0.1%
Barclays
43
Barclays
United Kingdom
$90.7M +$1.28M +18,020 +1%
California Public Employees Retirement System
44
California Public Employees Retirement System
California
$75.1M -$17.8M -249,442 -19%
Envestnet Asset Management
45
Envestnet Asset Management
Illinois
$72M +$5.05M +70,908 +7%
First Trust Advisors
46
First Trust Advisors
Illinois
$71.3M -$6.92M -97,164 -9%
CIMLRA
47
CBRE Investment Management Listed Real Assets
Pennsylvania
$68.2M -$1.16M -16,256 -2%
Royal Bank of Canada
48
Royal Bank of Canada
Ontario, Canada
$62.9M -$9.36M -131,427 -13%
TD Asset Management
49
TD Asset Management
Ontario, Canada
$62.8M +$2.73M +38,342 +4%
Swiss National Bank
50
Swiss National Bank
Switzerland
$62.7M +$4.47M +62,700 +7%

CMS Hedge Fund Activity: Q2 2025 in Review

744 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in CMS Energy (CMS) for Q2 2025, worth a combined $20.5B — down 5.1% from $21.5B a quarter earlier.

Buyers outnumbered sellers: 92 funds opened new CMS positions and 73 closed out — a net gain of 19 holders — while 292 added to existing stakes and 240 trimmed.

The largest buyer was GQG Partners, adding an estimated $386M. The largest seller was T. Rowe Price Associates, cutting an estimated $683M.

  • 744 institutional investors held CMS Energy (CMS) as of Q2 2025, up from 732 in Q1 2025.
  • Funds reported $20.5B of CMS Energy stock for Q2 2025, down 5.1% quarter-over-quarter.
  • 92 funds opened new CMS Energy positions in Q2 2025 and 73 closed out, a net change of +19 holders.
  • The largest CMS Energy buyer in Q2 2025 was GQG Partners, an estimated $386M added.
  • The largest CMS Energy seller in Q2 2025 was T. Rowe Price Associates, an estimated $683M sold.

Based on aggregated 13F filings for Q2 2025.