CMS Energy Corporation
US ˙ NYSE ˙ US1258961002

SecurityCMS / CMS Energy Corporation
InstitutionCommonwealth Equity Services, Llc
Latest Disclosed Ownership56,722 shares
Latest Disclosed Value $ 3,966,560
Commonwealth Equity Services, Llc reports 39.22% decrease in ownership of CMS / CMS Energy Corporation

On February 12, 2026 - Commonwealth Equity Services, Llc filed a 13F-HR form disclosing ownership of 56,722 shares of CMS Energy Corporation (US:CMS) valued at $3,966,569 USD as of December 31, 2025. The entity filed a previous 13F-HR on October 22, 2025 disclosing 93,323 shares of CMS Energy Corporation. This represents a change in shares of -39.22% during the quarter. The current value of the position is $3,983,019 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)
2026-02-12 2025-12-31 13F CMS ENERGY COM 125896100 56,722 -36,601 -39.22 3,967 66,000.00 0.0053
2025-10-22 2025-09-30 13F CMS ENERGY COM 125896100 93,323 1,846 2.02 7 0.00 0.0089
2025-08-06 2025-06-30 13F CMS ENERGY COM 125896100 91,477 730 0.80 6 0.00 0.0084
2025-05-09 2025-03-31 13F CMS ENERGY COM 125896100 90,747 14,187 18.53 7 20.00 0.0096
2025-02-10 2024-12-31 13F CMS ENERGY COM 125896100 76,560 392 0.51 5 0.00 0.0075
2024-10-18 2024-09-30 13F CMS ENERGY COM 125896100 76,168 2,663 3.62 5 25.00 0.0082
2024-07-31 2024-06-30 13F CMS ENERGY COM 125896100 73,505 -29 -0.04 4 0.00 0.0069
2024-04-29 2024-03-31 13F CMS ENERGY COM 125896100 73,534 301 0.41 4 0.00 0.0074
2024-02-06 2023-12-31 13F CMS ENERGY COM 125896100 73,233 4,173 6.04 4 33.33 0.0078
2023-10-23 2023-09-30 13F CMS ENERGY COM 125896100 69,060 1,998 2.98 4 0.00 0.0076
2023-08-10 2023-06-30 13F CMS ENERGY COM 125896100 67,062 -4 -0.01 4 -25.00 0.0080
2023-05-11 2023-03-31 13F CMS ENERGY COM 125896100 67,066 -11,670 -14.82 4 0.00 0.0086
2023-02-07 2022-12-31 13F CMS ENERGY COM 125896100 78,736 2,855 3.76 5 -99.91 0.0120
2022-11-14 2022-09-30 13F CMS ENERGY COM 125896100 75,881 13,729 22.09 4,419 5.34 0.0114
2022-07-19 2022-06-30 13F CMS ENERGY COM 125896100 62,152 2,716 4.57 4,195 0.94 0.0109
2022-05-04 2022-03-31 13F CMS ENERGY COM 125896100 59,436 9,004 17.85 4,156 26.71 0.0095
2022-01-31 2021-12-31 13F CMS ENERGY COM 125896100 50,432 1,696 3.48 3,280 12.68 0.0074
2021-10-29 2021-09-30 13F CMS ENERGY COM 125896100 48,736 357 0.74 2,911 1.85 0.0073
2021-08-11 2021-06-30 13F CMS ENERGY COM 125896100 48,379 1,293 2.75 2,858 -0.83 0.0073
2021-05-04 2021-03-31 13F CMS ENERGY COM 125896100 47,086 -78 -0.17 2,882 0.17 0.0082
2021-02-11 2020-12-31 13F CMS ENERGY COM 125896100 47,164 241 0.51 2,877 -0.14 0.0087
2020-11-05 2020-09-30 13F CMS ENERGY COM 125896100 46,923 -353 -0.75 2,881 4.35 0.0098
2020-08-12 2020-06-30 13F CMS ENERGY COM 125896100 47,276 182 0.39 2,761 -0.18 0.0104
2020-05-11 2020-03-31 13F CMS ENERGY COM 125896100 47,094 -2,896 -5.79 2,766 -11.94 0.0129
2020-02-05 2019-12-31 13F CMS ENERGY COM 125896100 49,990 -1,619 -3.14 3,141 -4.82 0.0120
2019-10-30 2019-09-30 13F CMS ENERGY COM 125896100 51,609 2,245 4.55 3,300 15.47 0.0141
2019-07-19 2019-06-30 13F CMS ENERGY COM 125896100 49,364 286 0.58 2,858 4.88 0.0126
2019-05-13 2019-03-31 13F CMS ENERGY COM 125896100 49,078 -1,147 -2.28 2,725 9.31 0.0126
2019-02-11 2018-12-31 13F CMS ENERGY COM 125896100 50,225 -3,260 -6.10 2,493 -4.85 0.0132
2018-11-06 2018-09-30 13F CMS ENERGY COM 125896100 53,485 -2,708 -4.82 2,620 -1.39 0.0125
2018-07-31 2018-06-30 13F CMS ENERGY COM 125896100 56,193 -21 -0.04 2,657 4.40 0.0139
2018-05-14 2018-03-31 13F CMS ENERGY COM 125896100 56,214 745 1.34 2,545 -3.01 0.0138
2018-02-12 2017-12-31 13F CMS ENERGY COM 125896100 55,469 55,469 2,624 0.0143
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.