Absolute Return Capital’s SM Energy SM Stock Holding History

Absolute Return Capital’s Portfolio SM Stock Details SM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-8,439	Closed	-$389K	–	593
2015 Q2	$389K	Sell	8,439 -14,626	-63%	-$772K	0.02%	446
2015 Q1	$1.19M	Sell	23,065 -23,106	-50%	-$1M	0.03%	381
2014 Q4	$1.78M	Buy	+46,171	New	+$2.31M	0.04%	352
2014 Q3	–	Sell	-39,231	Closed	-$3.3M	–	902
2014 Q2	$3.3M	Buy	39,231 +6,521	+20%	+$500K	0.04%	456
2014 Q1	$2.33M	Buy	32,710 +27,476	+525%	+$2.15M	0.03%	482
2013 Q4	$435K	Buy	+5,234	New	+$446K	﹤0.01%	638
2013 Q3	–	Sell	-5,257	Closed	-$315K	–	697
2013 Q2	$315K	Buy	+5,257	New	+$320K	﹤0.01%	648

Other funds holding SM

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Artisan Partners Milwaukee, Wisconsin $62.3B AUM 26.25% 1-Year Est. Return

VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

HCM

Herndon Capital Management Atlanta, Georgia $659M AUM 22.02% 1-Year Est. Return

CCM

Causeway Capital Management Los Angeles, California $8.15B AUM 29.28% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Absolute Return Capital's SM Position: Q3 2015 in Review

Absolute Return Capital sold out of SM Energy (SM) in Q3 2015, closing a stake of 8,439 shares — an estimated $389K sold.

Absolute Return Capital first reported a position in SM in Q2 2013 and held it in 7 quarters. The position peaked at $3.3M in Q2 2014. 265 funds tracked by Wall St. Rank hold SM as of Q3 2015.

Absolute Return Capital reported no remaining SM Energy position as of Q3 2015 after selling out during the quarter.
Absolute Return Capital sold 8,439 SM Energy shares in Q3 2015, an estimated $389K.
Absolute Return Capital first reported a position in SM Energy in Q2 2013 and held it in 7 quarters.
Absolute Return Capital's SM Energy position peaked at $3.3M in Q2 2014.
265 funds tracked by Wall St. Rank held SM Energy as of Q3 2015.

Based on Absolute Return Capital's 13F filing for Q3 2015, filed 13 Nov 2015.