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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.7B +$50.1M +702,713 +2%
BlackRock
2
BlackRock
New York
$2.14B +$2.34M +32,860 +0.1%
JP Morgan Chase
3
JP Morgan Chase
New York
$1.44B -$182M -2,555,725 -11%
State Street
4
State Street
Massachusetts
$1.21B +$55.3M +776,481 +5%
Massachusetts Financial Services
5
Massachusetts Financial Services
Massachusetts
$647M -$21.2M -296,877 -3%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$553M +$9.27M +130,059 +2%
Invesco
7
Invesco
Georgia
$496M +$10.2M +142,908 +2%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$483M -$683M -9,584,062 -58%
Morgan Stanley
9
Morgan Stanley
New York
$431M +$38.7M +542,902 +10%
Wells Fargo
10
Wells Fargo
California
$411M -$20.7M -290,302 -5%
Deutsche Bank
11
Deutsche Bank
Germany
$410M +$79.6M +1,116,648 +23%
GQG Partners
12
GQG Partners
Florida
$380M +$386M +5,411,504 +6,715%
Victory Capital Management
13
Victory Capital Management
Texas
$357M +$328M +4,606,570 +847%
DZ Bank
14
DZ Bank
Germany
$336M +$5.95M +83,567 +2%
Ameriprise
15
Ameriprise
Minnesota
$330M -$11.3M -158,901 -3%
UBS AM
16
UBS AM
Illinois
$320M +$86.7M +1,216,394 +36%
Goldman Sachs
17
Goldman Sachs
New York
$278M -$33.9M -475,316 -11%
Norges Bank
18
Norges Bank
Norway
$239M +$61.8M +866,951 +34%
Bank of America
19
Bank of America
North Carolina
$229M +$12.5M +174,980 +6%
Lord, Abbett & Co
20
Lord, Abbett & Co
New Jersey
$225M +$67.4M +945,894 +41%
Fidelity International
21
Fidelity International
Bermuda
$205M +$1.04M +14,528 +0.5%
Legal & General Group
22
Legal & General Group
United Kingdom
$201M -$7.67M -107,587 -4%
Northern Trust
23
Northern Trust
Illinois
$199M -$10.5M -147,040 -5%
UBS Group
24
UBS Group
Switzerland
$161M +$41.4M +580,591 +33%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$151M -$7.7M -108,109 -5%

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.