HENNESSY ADVISORS INC CMS — CMS ENERGY CORP COMMON

Ownership history in HENNESSY ADVISORS INC  ·  64 quarters on record

AI Ownership Summary

HENNESSY ADVISORS INC reported CMS ENERGY CORP COMMON (CMS) in 64 quarterly 13F filings from 2024 Q1 through 2026 Q2. Peak portfolio weight reached 0.44% in 2024 Q1. The latest visible filing shows CMS at 0.33% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this CMS ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was HENNESSY ADVISORS INC's position in CMS ENERGY CORP COMMON, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q2

CMS was reported at 0.33% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.44% in 2024 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q1 to 2026 Q2

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

CMS stock page HENNESSY ADVISORS INC fund profile HENNESSY ADVISORS INC full holdings
How HENNESSY ADVISORS INC held CMS — position size vs. price
% of Fund (quarterly)    CMS price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 10 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q2 REDUCED — — — 135,098 -6,000 -4.3% 0.33% $10.3M 2026-07-16 $74.39
2026 Q1 REDUCED — — — 141,098 -4,600 -3.2% 0.40% $10.9M 2026-04-21 $75.00
2025 Q4 UNCHANGED — — — 145,698 — 0% 0.36% $10.2M 2026-01-27 $70.95
2025 Q3 REDUCED 13.0% -3.5% ✅ 145,698 -21,800 -13.0% 0.37% $10.7M 2025-10-20 $73.40
2025 Q2 ADDED — — — 167,498 +4,800 +3.0% 0.39% $11.6M 2025-07-21 $70.11
2025 Q1 REDUCED — — — 162,698 -8,000 -4.7% 0.41% $12.2M 2025-04-16 $69.51
2024 Q4 ADDED — — — 170,698 +4,500 +2.7% 0.34% $11.4M 2025-01-15 $63.66
2024 Q3 REDUCED — — — 166,198 -6,500 -3.8% 0.38% $11.7M 2024-10-16 $67.50
2024 Q2 ADDED — — — 172,698 +800 +0.5% 0.39% $10.3M 2024-07-23 $57.78
2024 Q1 REDUCED — — — 171,898 -6,300 -3.5% 0.44% $10.4M 2024-04-16 $53.10
54 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding CMS

As of 2026 Q2 — sorted by position size

Longboard Asset Management, LP 3.82% Fisher Funds Management LTD 0.93% Cox Capital Mgt LLC 3Y 7Y 0.74% Covea Finance 3Y 0.72% VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 3Y 7Y 0.7% First American Bank 3Y 7Y 0.37% SPIRIT OF AMERICA MANAGEMENT CORP/NY 3Y 7Y 0.34% MILLINGTON SECURITIES, LLC 0.31% Centennial Wealth Advisory LLC 3Y 0.22% THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.22%

FAQ About HENNESSY ADVISORS INC and CMS

These are the practical questions this page is built to answer before you even open the full history table.

How long has HENNESSY ADVISORS INC reported owning CMS?

HENNESSY ADVISORS INC reported CMS across 10 quarterly 13F filings, from 2024 Q1 through 2026 Q2.

What was the largest reported CMS position in HENNESSY ADVISORS INC's portfolio?

The largest reported portfolio weight for CMS was 0.44% in 2024 Q1.

What is the latest reported CMS position on this page?

The most recent filing on this page is 2026 Q2, when HENNESSY ADVISORS INC reported 135,098 shares, equal to 0.33% of portfolio, with an estimated market value of $10.3M.

What does the chart on this CMS ownership page compare?

The chart compares HENNESSY ADVISORS INC's quarterly CMS portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did HENNESSY ADVISORS INC time their CMS position?

Based on 13F filing dates vs. subsequent CMS price moves, HENNESSY ADVISORS INC correctly timed 32 out of 59 reported position changes (54%). The annualised alpha on CMS relative to SPY over the holding period was +29.1%.

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