CMS Energy Corp (CMS) shareholders
CMSNYSEElectric & Other Services CombinedFiscal year ends December 31Also trades as CMS.PC, CMSA, CMSC, CMSD
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 27, 2026Score 7/3012% above fair value
$69.62−0.16 (-0.23%)
Close on Nov 11, 2026Market cap $21.80BP/E 24.9Yield 3.12%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
316M
Shares held, 13F filers
Institutional holders
819
105 new, 81 sold out
Net institutional buying
19M
In Q2 2026
Insider trades, 12 months
2 buys · 4 sales
Net sold $1.63M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 26,393,497 | 8.80% | 13G (passive) amendment | Mar 31, 2025 |
| Vanguard Capital Management | 23,113,756 | 7.50% | 13G (passive) | Mar 31, 2026 |
| Vanguard Portfolio Management | 18,830,275 | 6.11% | 13G (passive) | Mar 31, 2026 |
| JPMorgan Chase & Co | 15,469,213 | 5.00% | 13G (passive) amendment | Mar 31, 2026 |
| JPMorgan Chase & Co. | 15,469,213 | 5.00% | 13G (passive) amendment | Mar 31, 2026 |
| State Street Corporation | – | 5.91% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of CMS | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 33,068,880 | – | $2.53B | −494,694 | 0.04% |
| Vanguard Capital Management LLC | 20,166,948 | – | $1.54B | +289,651 | 0.03% |
| Vanguard Portfolio Management LLC | 19,050,893 | – | $1.46B | +257,548 | 0.07% |
| State Street Corp | 17,705,946 | – | $1.35B | −393,087 | 0.04% |
| JPMorgan Chase & Co | 16,409,389 | – | $1.28B | +569,705 | 0.07% |
| Wellington Management Group Llp | 12,158,296 | – | $930.11M | +5,502,352 | 0.16% |
| Geode Capital Management, LLC | 8,740,533 | – | $666.15M | +212,380 | 0.04% |
| Deutsche Bank AG\ | 8,082,021 | – | $618.27M | +336,707 | 0.18% |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 7,882,550 | – | $603.02M | −252,677 | 0.46% |
| Invesco Ltd. | 7,616,465 | – | $582.66M | −28,732 | 0.05% |
| Massachusetts Financial Services Co /Ma/ | 7,242,159 | – | $576.01M | −388,214 | 0.18% |
| Victory Capital Management Inc | 6,595,840 | – | $504.58M | −243,422 | 0.28% |
| Ameriprise Financial Inc | 6,461,250 | – | $494.03M | +1,530,673 | 0.10% |
| Capital International Investors | 5,302,655 | – | $405.65M | New | 0.08% |
| Wells Fargo & Company/Mn | 5,245,081 | – | $401.25M | −176,993 | 0.06% |
| Goldman Sachs Group Inc | 4,844,029 | – | $370.57M | +65,496 | 0.03% |
| Norges Bank | 4,837,123 | – | $370.04M | New | 0.04% |
| GQG Partners LLC | 4,750,161 | – | $363.39M | +337,588 | 0.68% |
| Pictet Asset Management Holding SA | 4,268,534 | – | $326.54M | +101,719 | 0.31% |
| Morgan Stanley | 4,070,310 | – | $311.38M | −643,689 | 0.02% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 819 | 316M | 105 / 336 | 241 / 81 | 35M | 16M |
| Q1 2026 | 802 | 298M | 105 / 311 | 248 / 95 | 66M | 22M |
| Q4 2025 | 802 | 295M | 108 / 291 | 268 / 72 | 26M | 40M |
| Q3 2025 | 777 | 308M | 100 / 298 | 248 / 59 | 33M | 21M |
| Q2 2025 | 745 | 296M | 93 / 293 | 240 / 74 | 30M | 23M |
| Q1 2025 | 734 | 289M | 94 / 289 | 239 / 63 | 22M | 16M |
| Q4 2024 | 715 | 286M | 104 / 272 | 230 / 85 | 21M | 46M |
| Q3 2024 | 709 | 312M | 91 / 272 | 231 / 60 | 58M | 21M |
| Q2 2024 | 685 | 304M | 80 / 287 | 198 / 54 | 26M | 37M |
| Q1 2024 | 663 | 317M | 77 / 235 | 231 / 42 | 32M | 24M |
| Q4 2023 | 632 | 308M | 99 / 204 | 236 / 76 | 52M | 21M |
| Q3 2023 | 618 | 277M | 65 / 208 | 241 / 69 | 22M | 19M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
684 funds held CMS in Q2 2026, 52% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of CMS | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 9,806,317 | – | $750.18M | 0.03% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 8,005,094 | – | $612.39M | 0.04% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 6,693,470 | – | $512.05M | 0.23% | Jun 30, 2026 |
| State Street(R) Utilities Select Sector SPDR(R) ETF | 5,026,781 | – | $384.55M | 1.66% | Jun 30, 2026 |
| JPMorgan Equity Income Fund | 4,338,508 | – | $331.90M | 0.76% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 4,249,878 | – | $325.12M | 0.04% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 3,921,291 | – | $284.57M | 0.03% | May 31, 2026 |
| Victory Sycamore Established Value Fund | 3,665,000 | – | $280.37M | 1.82% | Jun 30, 2026 |
| Washington Mutual Investors Fund | 3,120,028 | – | $224.61M | 0.10% | Jul 31, 2026 |
| iShares Select Dividend ETF | 3,006,556 | – | $216.44M | 0.92% | Jul 31, 2026 |
| Vanguard Value Index Fund | 2,937,620 | – | $224.73M | 0.09% | Jun 30, 2026 |
| MFS Massachusetts Investors Growth Stock Fund | 2,536,644 | – | $184.08M | 1.99% | May 31, 2026 |
| Invesco S&P 500 Equal Weight ETF | 2,536,336 | – | $182.59M | 0.19% | Jul 31, 2026 |
| Columbia Dividend Income Fund | 2,493,226 | – | $180.93M | 0.38% | May 31, 2026 |
| Capital Income Builder | 2,374,521 | – | $170.94M | 0.13% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Garrick J. Rochow | President and CEO, Director | 664,751 | Mar 30, 2026 |
| Srikanth Maddipati | EVP/CFO | 34,895 | Aug 3, 2026 |
| Brandon J. Hofmeister | Senior Vice President | 67,114 | May 27, 2026 |
| Scott B. McIntosh | VP, Controller, CAO | 24,054 | Mar 30, 2026 |
| Shaun M. Johnson | Executive Vice President & CLO | 113,636 | Mar 30, 2026 |
| Rejji P. Hayes | EVP/CFO | 268,535 | Mar 30, 2026 |
| Lauren Y. Snyder | Senior Vice President | 16,596 | Mar 30, 2026 |
| Tonya L. Berry | Executive Vice President & COO | 70,105 | Mar 30, 2026 |
| Shannon Thomas | Senior Vice President | 7,757 | Feb 2, 2026 |
| LeeRoy Wells Jr | Senior Vice President | 87,971 | Mar 25, 2025 |
| Catherine A. Hendrian | Senior Vice President | 59,068 | Jan 31, 2025 |
| John G. Russell | Director | 138,130 | May 11, 2026 |
| John G. Sznewajs | Director | 37,594 | May 11, 2026 |
| Suzanne F. Shank | Director | 23,680 | May 11, 2026 |
| Laura Wright | Director | 43,623 | May 11, 2026 |
| Ralph Izzo | Director | 10,779 | May 11, 2026 |
| Myrna Soto | Director | 41,023 | May 11, 2026 |
| Deborah H. Butler | Director | 39,850 | May 11, 2026 |
| Ronald J. Tanski | Director | 20,903 | May 11, 2026 |
| Richard Patrick Keyes | Director | 3,180 | May 11, 2026 |
| Diane Leopold | Director | 5,180 | May 11, 2026 |
| Kurt L. Darrow | Director | 42,098 | May 6, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Srikanth Maddipati EVP/CFO | Jul 31, 2026 | Buy | +200 | $72.46 | $14.49K | 34,895 |
| Srikanth Maddipati EVP/CFO | Jun 15, 2026 | Award | +10,184 | – | – | 34,695 |
| Brandon J. Hofmeister Senior Vice President | May 26, 2026 | Sale | −3,000 | $74.31 | $222.93K | 67,111 |
| Myrna Soto Director | May 8, 2026 | Award | +2,411 | – | – | 41,023 |
| Richard Patrick Keyes Director | May 8, 2026 | Award | +2,411 | – | – | 3,180 |
| Ralph Izzo Director | May 8, 2026 | Award | +2,411 | – | – | 10,779 |
| Suzanne F. Shank Director | May 8, 2026 | Award | +2,411 | – | – | 23,680 |
| Diane Leopold Director | May 8, 2026 | Award | +2,411 | – | – | 5,180 |
| Laura Wright Director | May 8, 2026 | Award | +2,411 | – | – | 43,623 |
| Ronald J. Tanski Director | May 8, 2026 | Award | +2,411 | – | – | 20,903 |
| John G. Russell Director | May 8, 2026 | Award | +2,411 | – | – | 134,068 |
| Deborah H. Butler Director | May 8, 2026 | Award | +2,411 | – | – | 39,850 |
| John G. Sznewajs Director | May 8, 2026 | Award | +2,411 | – | – | 37,594 |
| Rejji P. Hayes EVP/CFO | Mar 26, 2026 | Tax withholding | −8,290 | $76.33 | $632.78K | 268,535 |
| Rejji P. Hayes EVP/CFO | Mar 26, 2026 | Award | +6,316 | – | – | 276,825 |
| Lauren Y. Snyder Senior Vice President | Mar 26, 2026 | Tax withholding | −574 | $76.33 | $43.81K | 16,596 |
| Lauren Y. Snyder Senior Vice President | Mar 26, 2026 | Award | +674 | – | – | 17,170 |
| Tonya L. Berry Executive Vice President & COO | Mar 26, 2026 | Tax withholding | −2,642 | $76.33 | $201.66K | 70,105 |
| Tonya L. Berry Executive Vice President & COO | Mar 26, 2026 | Award | +2,021 | – | – | 72,747 |
| Garrick J. Rochow President and CEO, Director | Mar 26, 2026 | Award | +19,681 | – | – | 663,751 |
| Garrick J. Rochow President and CEO, Director | Mar 26, 2026 | Tax withholding | −25,833 | $76.33 | $1.97M | 637,918 |
| Brandon J. Hofmeister Senior Vice President | Mar 26, 2026 | Tax withholding | −3,759 | $76.33 | $286.92K | 70,111 |
| Brandon J. Hofmeister Senior Vice President | Mar 26, 2026 | Award | +2,863 | – | – | 73,870 |
| Shaun M. Johnson Executive Vice President & CLO | Mar 26, 2026 | Award | −3,284 | – | – | 113,636 |
| Shaun M. Johnson Executive Vice President & CLO | Mar 26, 2026 | Tax withholding | −4,311 | $76.33 | $329.06K | 109,325 |
| Scott B. McIntosh VP, Controller, CAO | Mar 26, 2026 | Tax withholding | −1,197 | $76.33 | $91.37K | 24,054 |
| Scott B. McIntosh VP, Controller, CAO | Mar 26, 2026 | Award | +1,028 | – | – | 25,251 |
| Scott B. McIntosh VP, Controller, CAO | Mar 2, 2026 | Sale | −1,750 | $78.21 | $136.87K | 24,223 |
| Brandon J. Hofmeister Senior Vice President | Feb 27, 2026 | Gift | −2 | – | – | 70,953 |
| Brandon J. Hofmeister Senior Vice President | Feb 27, 2026 | Sale | −4,000 | $78.24 | $312.96K | 70,670 |
| Brandon J. Hofmeister Senior Vice President | Feb 27, 2026 | Gift | +2 | – | – | 3 |
| Diane Leopold Director | Feb 25, 2026 | Buy | +2,000 | $76.70 | $153.40K | 2,769 |
| John G. Russell Director | Feb 20, 2026 | Sale | −14,914 | $75.76 | $1.13M | 131,568 |
| Richard Patrick Keyes Director | Feb 20, 2026 | Award | +769 | – | – | 769 |
| Diane Leopold Director | Feb 20, 2026 | Award | +769 | – | – | 769 |
| Shaun M. Johnson Executive Vice President & CLO | Jan 29, 2026 | Award | +19,747 | – | – | 109,894 |
| Rejji P. Hayes EVP/CFO | Jan 29, 2026 | Award | +33,144 | – | – | 269,725 |
| Garrick J. Rochow President and CEO, Director | Jan 29, 2026 | Award | +123,413 | – | – | 641,865 |
| Brandon J. Hofmeister Senior Vice President | Jan 29, 2026 | Award | +13,752 | – | – | 74,670 |
| Shannon Thomas Senior Vice President | Jan 29, 2026 | Award | +7,757 | – | – | 7,757 |
| Scott B. McIntosh VP, Controller, CAO | Jan 29, 2026 | Award | +5,008 | – | – | 25,850 |
| Lauren Y. Snyder Senior Vice President | Jan 29, 2026 | Award | +3,526 | – | – | 16,426 |
| Tonya L. Berry Executive Vice President & COO | Jan 29, 2026 | Award | +20,451 | – | – | 70,387 |
| Brandon J. Hofmeister Senior Vice President | Jan 26, 2026 | Award | +326 | – | – | 65,139 |
| Brandon J. Hofmeister Senior Vice President | Jan 26, 2026 | Tax withholding | −4,221 | $71.53 | $301.93K | 60,918 |
| Tonya L. Berry Executive Vice President & COO | Jan 26, 2026 | Award | +230 | – | – | 52,929 |
| Tonya L. Berry Executive Vice President & COO | Jan 26, 2026 | Tax withholding | −2,993 | $71.53 | $214.09K | 49,936 |
| Scott B. McIntosh VP, Controller, CAO | Jan 26, 2026 | Tax withholding | −1,418 | $71.53 | $101.43K | 20,842 |
| Scott B. McIntosh VP, Controller, CAO | Jan 26, 2026 | Award | +117 | – | – | 22,260 |
| Shaun M. Johnson Executive Vice President & CLO | Jan 26, 2026 | Tax withholding | −4,821 | $71.53 | $344.85K | 90,147 |
| Shaun M. Johnson Executive Vice President & CLO | Jan 26, 2026 | Award | +374 | – | – | 94,968 |
| Garrick J. Rochow President and CEO, Director | Jan 26, 2026 | Tax withholding | −28,390 | $71.53 | $2.03M | 518,452 |
| Garrick J. Rochow President and CEO, Director | Jan 26, 2026 | Award | +2,240 | – | – | 546,842 |
| Rejji P. Hayes EVP/CFO | Jan 26, 2026 | Award | +719 | – | – | 245,755 |
| Rejji P. Hayes EVP/CFO | Jan 26, 2026 | Tax withholding | −9,174 | $71.53 | $656.22K | 236,581 |
| Lauren Y. Snyder Senior Vice President | Jan 26, 2026 | Tax withholding | −747 | $71.53 | $53.43K | 12,900 |
| Lauren Y. Snyder Senior Vice President | Jan 26, 2026 | Award | +77 | – | – | 13,647 |
| Brandon J. Hofmeister Senior Vice President | Nov 3, 2025 | Sale | −3,777 | $72.47 | $273.72K | 64,259 |
| Brandon J. Hofmeister Senior Vice President | Nov 3, 2025 | Sale | −223 | $72.48 | $16.16K | 64,490 |
| Shaun M. Johnson SVP and General Counsel | Sep 10, 2025 | Gift | −715 | – | – | 94,176 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of shares outstanding
–
18M shares short
Days to cover
4.0
At 5M shares a day
Change since last report
+0.0%
From 18M shares
Short volume, 20 days
69.9%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of CMS Energy's stock actually held short. Settlement fails (shares not delivered on time) peaked at 2,061 shares on Aug 28, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Brandon J. Hofmeister Officer | May 26, 2026 | 3,000 | $222.93K | May 26, 2026 | Restricted Stock Vesting |
| Scott B. McIntosh Officer | Mar 2, 2026 | 1,750 | $136.86K | Mar 2, 2026 | Restricted Stock Vesting |
| Brandon J. Hofmeister Officer | Feb 27, 2026 | 4,000 | $312.94K | Feb 27, 2026 | Restricted Stock Vesting |
| John G. Russell Director | Feb 20, 2026 | 14,914 | $1.13M | Feb 20, 2026 | RSU Vesting |
| Brandon J. Hofmeister Officer | Nov 3, 2025 | 4,000 | $289.88K | Nov 3, 2025 | Restricted Stock Vesting |
| Lauren Y. Snyder Officer | Sep 2, 2025 | 2,221 | $162.20K | Sep 2, 2025 | Vested stock awarded under CMS Energy's Performance Incentive Stock Plan |
| Brandon J. Hofmeister Officer | Aug 8, 2025 | 2,000 | $147.25K | Aug 8, 2025 | Restricted Stock Vesting |
| Brandon J. Hofmeister Officer | May 6, 2025 | 2,198 | $161.27K | May 6, 2025 | Restricted Stock Award |
| Brandon J. Hofmeister Officer | Mar 3, 2025 | 2,000 | $147.26K | Mar 3, 2025 | Restricted Stock Award |
| Laura Wright Director | Feb 19, 2025 | 2,500 | $174.61K | Feb 19, 2025 | Restricted Stock Vesting |
| Scott B. McIntosh Officer | Feb 14, 2025 | 6,700 | $467.39K | Feb 13, 2025 | Restricted Stock Vesting |
| Brandon J. Hofmeister Officer | Dec 12, 2024 | 2,000 | $134.63K | Dec 12, 2024 | Restricted Stock Award |
| Jack V Butterfield Investment Co Officer | Nov 18, 2024 | 936 | $64.12K | Nov 20, 2024 | Sale |
| Scott B. McIntosh Officer | Nov 18, 2024 | 936 | $64.50K | Nov 20, 2024 | Sale |
| Brandon J. Hofmeister Officer | Sep 4, 2024 | 2,000 | $137.82K | Sep 4, 2024 | Restricted Stock Award |
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