CMS Energy Corporation
US ˙ NYSE ˙ US1258961002

SecurityCMS / CMS Energy Corporation
InstitutionBaird Financial Group, Inc.
Latest Disclosed Ownership24,471 shares
Latest Disclosed Value $ 1,898,461
Baird Financial Group, Inc. reports 0.11% increase in ownership of CMS / CMS Energy Corporation

On May 14, 2026 - Baird Financial Group, Inc. filed a 13F-HR form disclosing ownership of 24,471 shares of CMS Energy Corporation (US:CMS) valued at $1,898,460 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 24,445 shares of CMS Energy Corporation. This represents a change in shares of 0.11% during the quarter. The current value of the position is $1,718,354 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F CMS ENERGY COM 125896100 24,471 26 0.11 1,898 11.06 0.0030
2026-02-13 2025-12-31 13F CMS ENERGY CORP COM COMMON 125896100 24,445 192 0.79 1,709 -3.77 0.0027
2025-11-13 2025-09-30 13F CMS ENERGY COMMON 125896100 24,253 1,880 8.40 1,777 14.58 0.0029
2025-08-13 2025-06-30 13F CMS ENERGY CORP COM COMMON 125896100 22,373 -6,530 -22.59 1,550 -28.57 0.0027
2025-05-15 2025-03-31 13F CMS ENERGY CORP COM COMMON 125896100 28,903 278 0.97 2,171 13.79 0.0042
2025-02-14 2024-12-31 13F CMS ENERGY COMMON 125896100 28,625 124 0.44 1,908 -5.27 0.0036
2024-11-14 2024-09-30 13F CMS ENERGY COMMON 125896100 28,501 -2,937 -9.34 2,013 7.59 0.0039
2024-08-14 2024-06-30 13F CMS ENERGY COMMON 125896100 31,438 707 2.30 1,872 0.92 0.0039
2024-05-14 2024-03-31 13F CMS ENERGY COMMON 125896100 30,731 3,115 11.28 1,854 15.66 0.0039
2024-02-14 2023-12-31 13F CMS ENERGY COMMON 125896100 27,616 1,420 5.42 1,604 15.24 0.0037
2023-11-13 2023-09-30 13F CMS ENERGY COMMON 125896100 26,196 935 3.70 1,391 -6.27 0.0038
2023-08-11 2023-06-30 13F CMS ENERGY COMMON 125896100 25,261 -5,987 -19.16 1,484 -22.63 0.0039
2023-05-15 2023-03-31 13F CMS ENERGY COMMON 125896100 31,248 1,241 4.14 1,918 191,700.00 0.0047
2023-02-13 2022-12-31 13F CMS ENERGY COMMON 125896100 30,007 -33 -0.11 2 -99.94 0.0050
2022-11-15 2022-09-30 13F CMS ENERGY COMMON 125896100 30,040 -305 -1.01 1,749 -14.60 0.0052
2022-08-08 2022-06-30 13F CMS ENERGY COMMON 125896100 30,345 -242 -0.79 2,048 -4.25 0.0057
2022-05-13 2022-03-31 13F CMS ENERGY COMMON 125896100 30,587 -1,735 -5.37 2,139 1.71 0.0053
2022-02-09 2021-12-31 13F CMS ENERGY CORP COM COMMON 125896100 32,322 -2,250 -6.51 2,103 1.84 0.0049
2021-11-12 2021-09-30 13F CMS ENERGY COMMON 125896100 34,572 2,545 7.95 2,065 9.14 0.0053
2021-08-11 2021-06-30 13F CMS ENERGY CORP COM COMMON 125896100 32,027 -2,287 -6.66 1,892 -9.95 0.0049
2021-05-13 2021-03-31 13F CMS ENERGY CORP COM COMMON 125896100 34,314 165 0.48 2,101 0.86 0.0059
2021-02-11 2020-12-31 13F CMS ENERGY CORP COM COMMON 125896100 34,149 -2,282 -6.26 2,083 -6.88 0.0062
2020-11-12 2020-09-30 13F CMS ENERGY CORP COM COMMON 125896100 36,431 -2,796 -7.13 2,237 -2.36 0.0077
2020-10-22 2020-06-30 13F/A-1 CMS ENERGY CORP COM COMMON 125896100 39,227 1,124 2.95 2,291 2.37 0.0086
2020-08-14 2020-06-30 13F CMS ENERGY CORP COM COMMON 125896100 38,922 819 2,442 4,839.4892
2020-05-14 2020-03-31 13F CMS ENERGY CORP COM COMMON 125896100 38,103 103 0.27 2,238 -6.28 0.0102
2020-02-14 2019-12-31 13F CMS ENERGY CORP COM COMMON 125896100 38,000 -1,569 -3.97 2,388 -5.65 0.0086
2019-11-14 2019-09-30 13F CMS ENERGY Common 125896100 39,569 4,197 11.87 2,531 23.58 0.0100
2019-08-14 2019-06-30 13F CMS ENERGY COMMON 125896100 35,372 24,859 236.46 2,048 250.68 0.0080
2019-05-14 2019-03-31 13F CMS ENERGY COMMON 125896100 10,513 115 1.11 584 13.18 0.0034
2019-02-14 2018-12-31 13F CMS ENERGY COMMON 125896100 10,398 -539 -4.93 516 -3.55 0.0035
2018-11-13 2018-09-30 13F CMS Energy COMMON 125896100 10,937 296 2.78 535 6.36 0.0034
2018-08-13 2018-06-30 13F CMS ENERGY COMMON 125896100 10,641 10,641 503 0.0034
2017-06-19 2017-03-31 13F/A-1 CMS ENERGY COMMON 125896100 0 -63,548 -100.00 0 -100.00
2017-02-10 2016-12-31 13F CMS ENERGY COMMON 125896100 63,548 -36,437 -36.44 2,645 -37.02 0.0230
2016-11-10 2016-09-30 13F CMS ENERGY COMMON 125896100 99,985 -580 -0.58 4,200 -8.91 0.0376
2016-08-11 2016-06-30 13F CMS ENERGY COMMON 125896100 100,565 -5,273 -4.98 4,611 2.65 0.0423
2016-05-12 2016-03-31 13F CMS ENERGY COMMON 125896100 105,838 1,864 1.79 4,492 19.75 0.0430
2016-02-11 2015-12-31 13F CMS ENERGY COMMON 125896100 103,974 11,441 12.36 3,751 14.78 0.0375
2015-11-12 2015-09-30 13F CMS ENERGY COMMON 125896100 92,533 83,895 971.23 3,268 1,088.36 0.0347
2015-08-14 2015-06-30 13F CMS ENERGY COMMON 125896100 8,638 8,638 275 0.0027
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.