CMS Energy
745 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, 294 increasing their positions, 239 reducing their positions, and 74 closing their positions.
368% more call options, than puts
Call options by funds: $59.5M | Put options by funds: $12.7M
40% more capital inflows, than outflows
Capital inflows: $2.1B | Capital outflows: $1.5B
24% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 74
23% more repeat investments, than reductions
Existing positions increased: 294 | Existing positions reduced: 239
2.79% more ownership
Funds ownership: 95.93% → 98.71% (+2.8%)
1% more funds holding
Funds holding: 734 → 745 (+11)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$386M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$328M |
| 3 |
W.H. Reaves & Co
Jersey City,
New Jersey
|
+$108M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$95M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$86.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$683M |
| 2 |
JP Morgan Chase
New York
|
-$182M |
| 3 |
Amundi
Paris,
France
|
-$95.6M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$43.1M |
| 5 |
Goldman Sachs
New York
|
-$33.9M |
CMS Hedge Fund Activity: Q2 2025 in Review
745 of the 7,621 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 74 closed out — a net gain of 18 holders — while 294 added to existing stakes and 239 trimmed.
The largest buyer was GQG Partners, adding an estimated $386M. The largest seller was T. Rowe Price Associates, cutting an estimated $683M.
- 745 institutional investors held CMS Energy (CMS) as of Q2 2025, up from 734 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 74 closed out, a net change of +18 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.