Caption Management’s SM Energy SM Stock Holding History

Caption Management’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
2025 Q4	–	Sell	-177,500	Closed	-$4.43M	–	2026
2025 Q3	$4.43M	Hold	177,500	–	–	0.03%	534
2025 Q2	$4.39M	Buy	177,500 +27,500	+18%	+$666K	0.05%	440
2025 Q1	$4.49M	Hold	150,000	–	–	0.04%	425
2024 Q4	$5.81M	Buy	+150,000	New	+$6.33M	0.05%	327
2018 Q4	–	Sell	-75,000	Closed	-$2.36M	–	599
2018 Q3	$2.36M	Buy	+75,000	New	+$2.15M	0.13%	202

Other funds holding SM

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

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

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

NAMI

Nomura Asset Management International Philadelphia, Pennsylvania $58.4B AUM

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Alyeska Investment Group Chicago, Illinois $35.4B AUM 33.54% 1-Year Est. Return

Caption Management's SM Position: Q4 2025 in Review

Caption Management sold out of SM Energy (SM) in Q4 2025, closing a stake of 129,389 shares — an estimated $3.23M sold.

Caption Management first reported a position in SM in Q4 2024 and held it in 4 quarters. The position peaked at $3.23M in Q3 2025. 344 funds tracked by Wall St. Rank hold SM as of Q4 2025.

Caption Management reported no remaining SM Energy position as of Q4 2025 after selling out during the quarter.
Caption Management sold 129,389 SM Energy shares in Q4 2025, an estimated $3.23M.
Caption Management first reported a position in SM Energy in Q4 2024 and held it in 4 quarters.
Caption Management's SM Energy position peaked at $3.23M in Q3 2025.
344 funds tracked by Wall St. Rank held SM Energy as of Q4 2025.

Based on Caption Management's 13F filing for Q4 2025, filed 17 Feb 2026.