State Street Corp Amends CMS Energy Stake Filing
Ticker: CMS-PC · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 811156
| Field | Detail |
|---|---|
| Company | Cms Energy Corp (CMS-PC) |
| Form Type | SC 13G/A |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**State Street just updated their passive stake in CMS Energy, confirming their continued institutional ownership.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 25, 2024, indicating its ownership of CMS Energy Corp's common stock as of December 31, 2023. This filing, under Rule 13d-1(b), updates their previous disclosure regarding their passive investment in the utility company. This matters to investors because State Street is a significant institutional holder, and changes in their reported ownership can signal shifts in institutional sentiment or investment strategy towards CMS Energy.
Why It Matters
This filing confirms State Street Corporation's continued significant, albeit passive, ownership in CMS Energy, providing transparency on institutional holdings. It's important for investors to see which large institutions are holding a company's stock, as it can influence market perception and stability.
Risk Assessment
Risk Level: low — This is a routine amendment by an institutional investor, indicating passive ownership, and does not suggest any immediate risk or major change in company operations.
Analyst Insight
An investor should note that State Street Corporation continues to hold a passive stake in CMS Energy. While this filing doesn't indicate a major change, it's a good reminder to monitor institutional ownership trends for CMS Energy to understand broader market confidence.
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- CMS Energy Corp (company) — the subject company whose common stock is being reported
- 04-2456637 (number) — IRS Identification Number for State Street Corporation
- 125896100 (number) — CUSIP number for CMS Energy Corp common stock
- December 31, 2023 (date) — the date of the event which required the filing
- January 25, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, indicating a change or update to a previously reported beneficial ownership statement.
Who is the reporting person in this filing?
The reporting person is State Street Corporation, identified with IRS Identification No. 04-2456637 and located in Boston, MA.
What is the subject company whose securities are being reported?
The subject company is CMS Energy Corp, an electric and other services combined company with CIK 0000811156.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the common stock of CMS Energy Corp is 125896100.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 25, 2024 regarding CMS ENERGY CORP (CMS-PC).