Boothbay Fund Management Boosts CMS Energy Holdings

Investment firm increases stake in Michigan utility provider by 92.6% in Q3

Mar. 17, 2026 at 7:24am

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Boothbay Fund Management LLC raised its holdings in shares of CMS Energy Corporation (NYSE:CMS) by 92.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund now owns 41,101 shares of the utilities provider's stock, up from 21,341 shares previously.

Why it matters

CMS Energy is a major electric and natural gas utility serving customers across Michigan. Institutional investors like Boothbay closely monitor and adjust their holdings in the company, which can signal broader market sentiment and investment trends in the utilities sector.

The details

Boothbay Fund Management increased its CMS Energy stake to $3.01 million as of the latest filing. Other hedge funds have also recently modified their CMS holdings, with MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. and Empowered Funds LLC among those adjusting positions during the first half of 2026.

  • Boothbay Fund Management filed its latest 13F report with the SEC on March 17, 2026, disclosing the Q3 2025 increase in CMS Energy holdings.

The players

Boothbay Fund Management LLC

An investment management firm that oversees a portfolio of equity and fixed-income securities.

CMS Energy Corporation

A Michigan-based utility company that provides electric and natural gas services to customers across the state.

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The takeaway

Institutional investors like Boothbay are closely watching CMS Energy as a bellwether utility stock, with the firm's increased stake signaling ongoing confidence in the company's performance and growth prospects.