Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cms Energy Corp (CMS)

791 + Investors. Track Smart Money conviction in CMS. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +5
Streak
11Q ▲
Buyers last Q
54%

Smart Money Signals — CMS

Based on 797 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added CMS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
797 hedge funds hold CMS right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+76 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 54% buying

414 buying352 selling
Last quarter: 414 funds bought or added vs 352 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~109 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 94 → 105 → 112 → 109. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 17% medium ■ 17% new
521 out of 797 hedge funds have held CMS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

100 → 94 → 105 → 112 → 109 new funds/Q
New funds entering each quarter: 94 → 105 → 112 → 109. A growing number of institutions are discovering CMS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 70% of holders stayed 2+ years

■ 70% veterans ■ 9% 1-2yr ■ 21% new
Of 804 current holders: 566 (70%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
63 of 797 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in CMS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CMS

In 2026 Q1, 414 hedge funds were net buyers of CMS (109 opened a new position, 305 added to an existing one), while 352 reduced or exited (248 trimmed, 104 sold completely) — a 54% buyer ratio, indicating a slight buying edge. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 48% of total institutional value in CMS is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +5 funds (more new holders than closures). Total institutional holders: 797.

Hedge Fund Ownership: CMS

How many hedge funds hold CMS — quarterly history vs. share price
Quarterly hedge fund ownership of CMS vs. share price

Market Analysis: CMS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CMS

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Cms Energy Corp (CMS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CMS has moved relative to its sector benchmark (XLU) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 80d ago
CMS
nan%
XLU
-2.5%

CMS outperformed XLU by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
CMS
nan%
XLU
+2.0%

Since the filing became public, CMS outperformed XLU by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

51 top-rated funds 3 high-conviction
Consensus
7.5
/ 10
breadth
×
Elite
3.0
/ 10
conviction
Hedge Fund Positioning: CMS
791 + Investors

Track Smart Money conviction in CMS. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 791 792 -0.13%
13F Shares 282M 295M -4.47%
Total Value $20.98B $20.30B 3.36%
New Positions 107 112 -5
Increased Positions 300 285 +15
Closed Positions 108 82 +26
Reduced Positions 245 264 -19
Total Calls 5 7 -28.57%
Total Puts 3 3 -
PUT/CALL Ratio 0.6 0.43 Bullish

Statistics: CMS

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Short % of Float --

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Institutional Holders (2026 Q1)

791 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CMS. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CMS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Longboard Asset Management, LP 4.00% 2,982 $231K
2 Bruce & Co., Inc. 3.46% 156,000 $12.1M
3 Partners Group Holding AG 2.86% 497,291 $38.6M
4 Verbena Value LP 2.79% 219,500 $17.0M
5 Reaves W H & Co Inc 2.72% 2,114,254 $164.0M
6 Magellan Asset Management Ltd 2.03% 2,019,954 $156.7M
7 Cidel Asset Management Inc 1.69% 398,132 $30.9M
8 Brasada Capital Management, LP 1.62% 112,992 $8.9M
9 Avalon Trust Co 1.57% 293,359 $22.8M
10 Cbre Investment Management Listed Real Assets LLC 1.53% 1,332,742 $103.4M
11 Mattern Capital Management, LLC 1.48% 159,660 $12.4M
12 RWC Asset Management LLP 1.37% 424,309 $32.9M
13 Greenland Capital Management LP 1.35% 137,060 $10.6M
14 Fisher Funds Management LTD 1.20% 525,747 $40.8M
15 Miller Howard Investments Inc /Ny 1.19% 563,102 $43.7M
16 Duff & Phelps Investment Management Co 1.17% 1,453,667 $112.8M
17 Nicholson Wealth Management Group, LLC 1.16% 25,652 $2.0M
18 Yaupon Capital Management LP 1.10% 452,563 $35.1M
19 Energy Income Partners, LLC 0.97% 774,053 $60.1M
20 Opus Investment Management Inc 0.93% 20,000 $1.6M
21 Soros Fund Management LLC 0.88% 1,034,397 $80.2M
22 SilverOak Wealth Management LLC 0.84% 68,825 $5.3M
23 Vaughan Nelson Investment Management, L.P. 0.80% 1,023,324 $79.4M
24 Covea Finance 0.80% 293,100 $22.7M
25 New England Asset Management Inc 0.79% 80,210 $6.2M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Cms Energy Corp (CMS)

What does the Smart Money Trend signal show for CMS?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added CMS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CMS?

Slight buying edge — 54% buying: Last quarter: 414 funds bought or added vs 352 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CMS holders?

Elite ownership — 48% AUM from top-100 funds: 63 of 797 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in CMS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CMS?

65% of holders stayed for 2+ years: 521 out of 797 hedge funds have held CMS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Cms Energy Corp (CMS) following the 2026 Q1 hedge fund 13F filings?

As of today, CMS has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the XLU sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), CMS has gained nan% vs -2.5% for XLU. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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