Cliff Asness's CMS Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 798,457 shares of CMS Energy Corporation (CMS) worth $61.34 M, representing 0.03% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 54 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in CMS, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2016, adding 378,833 shares. Largest reduction occurred in Q3 2017, reducing 636,116 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's CMS Energy Corporation (CMS) Holding Value Over Time
Track share changes against reported price movement
Quarterly CMS Energy Corporation (CMS) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | +125,796 | Add 18.70% | 798,457 | $76.82 |
| Q4 2025 | -3,085 | Reduce 0.46% | 672,661 | $69.93 |
| Q3 2025 | +184,462 | Add 37.55% | 675,746 | $73.17 |
| Q2 2025 | +973 | Add 0.20% | 491,284 | $68.88 |
| Q1 2025 | +180,348 | Add 58.18% | 490,311 | $75.04 |
| Q4 2024 | +64,164 | Add 26.10% | 309,963 | $66.65 |
| Q3 2024 | +91,044 | Add 58.83% | 245,799 | $70.44 |
| Q2 2024 | +27,525 | Add 21.63% | 154,755 | $59.48 |
| Q1 2024 | -4,235 | Reduce 3.22% | 127,230 | $60.01 |
| Q4 2023 | +48,554 | Add 58.56% | 131,465 | $57.91 |
| Q3 2023 | -99,493 | Reduce 54.55% | 82,911 | $53.11 |
| Q2 2023 | -25,228 | Reduce 12.15% | 182,404 | $58.71 |
| Q1 2023 | +36,770 | Add 21.52% | 207,632 | $61.38 |
| Q4 2022 | -151,062 | Reduce 46.92% | 170,862 | $63.33 |
| Q3 2022 | -47,213 | Reduce 12.79% | 321,924 | $58.24 |
| Q2 2022 | -2,107 | Reduce 0.57% | 369,137 | $66.99 |
| Q1 2022 | +116,705 | Add 45.85% | 371,244 | $69.94 |
| Q4 2021 | +4,992 | Add 2.00% | 254,539 | $64.94 |
| Q3 2021 | +56,966 | Add 29.58% | 249,547 | $59.73 |
| Q2 2021 | +86,545 | Add 81.62% | 192,581 | $59.02 |
| Q1 2021 | -85,336 | Reduce 44.59% | 106,036 | $61.00 |
| Q4 2020 | +19,263 | Add 11.19% | 191,372 | $60.18 |
| Q3 2020 | -14,906 | Reduce 7.97% | 172,109 | $61.31 |
| Q2 2020 | -186,933 | Reduce 49.99% | 187,015 | $57.72 |
| Q1 2020 | -18,275 | Reduce 4.66% | 373,948 | $58.75 |
| Q4 2019 | -109,788 | Reduce 21.87% | 392,223 | $62.68 |
| Q3 2019 | -101,514 | Reduce 16.82% | 502,011 | $63.95 |
| Q2 2019 | -177,461 | Reduce 22.72% | 603,525 | $57.91 |
| Q1 2019 | +33,467 | Add 4.48% | 780,986 | $55.54 |
| Q4 2018 | +82,874 | Add 12.47% | 747,519 | $49.65 |
| Q3 2018 | +44,951 | Add 7.25% | 664,645 | $49.00 |
| Q2 2018 | +258,151 | Add 71.40% | 619,694 | $47.28 |
| Q1 2018 | -156,995 | Reduce 30.28% | 361,543 | $45.29 |
| Q4 2017 | -616,403 | Reduce 54.31% | 518,538 | $47.30 |
| Q3 2017 | -636,116 | Reduce 35.92% | 1.13 M | $46.32 |
| Q2 2017 | +364,994 | Add 25.96% | 1.77 M | $46.25 |
| Q1 2017 | -76,841 | Reduce 5.18% | 1.41 M | $44.74 |
| Q4 2016 | +378,833 | Add 34.31% | 1.48 M | $41.62 |
| Q3 2016 | +232,461 | Add 26.67% | 1.1 M | $42.01 |
| Q2 2016 | +105,865 | Add 13.83% | 871,610 | $45.86 |
| Q1 2016 | +60,621 | Add 8.60% | 765,745 | $42.44 |
| Q4 2015 | +117,637 | Add 20.02% | 705,124 | $36.08 |
| Q3 2015 | +219,421 | Add 59.61% | 587,487 | $35.32 |
| Q2 2015 | +114,743 | Add 45.30% | 368,066 | $31.84 |
| Q1 2015 | +89,585 | Add 54.71% | 253,323 | $34.91 |
| Q4 2014 | +80,602 | Add 96.95% | 163,738 | $34.75 |
| Q3 2014 | -22,911 | Reduce 21.60% | 83,136 | $29.66 |
| Q2 2014 | +30,047 | Add 39.54% | 106,047 | $31.15 |
| Q1 2014 | -20,500 | Reduce 21.24% | 76,000 | $29.28 |
| Q4 2013 | -1,700 | Reduce 1.73% | 96,500 | $26.77 |
| Q3 2013 | +62,600 | Add 175.84% | 98,200 | $26.32 |
| Q2 2013 | +35,600 | Add 0.00% | 35,600 | $27.16 |
| Q4 2012 | +20,769 | Add 0.00% | 20,769 | $24.36 |
Cliff Asness's CMS Energy Corporation Investment FAQs
Cliff Asness first purchased CMS Energy Corporation (CMS) in Q4 2012, acquiring 20,769 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held CMS Energy Corporation (CMS) for 54 quarters since Q4 2012.
Cliff Asness's largest addition to CMS Energy Corporation (CMS) was in Q4 2016, adding 1,482,904 shares worth $61.72 M.
According to the latest 13F filing for Q1 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 798,457 shares of CMS Energy Corporation (CMS), valued at approximately $61.34 M.
As of the Q1 2026 filing, CMS Energy Corporation (CMS) represents approximately 0.03% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in CMS Energy Corporation (CMS) was 1,771,057 shares, as reported at the end of Q2 2017.