SM Energy
214 hedge funds and large institutions have $1.11B invested in SM Energy in 2019 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 87 increasing their positions, 65 reducing their positions, and 52 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 65
2.01% less ownership
Funds ownership: 103.66% → 101.66% (-2%)
7% less funds holding
Funds holding: 230 → 214 (-16)
24% less capital invested
Capital invested by funds: $1.46B → $1.11B (-$345M)
29% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 52
45% less call options, than puts
Call options by funds: $10.6M | Put options by funds: $19.5M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$43.1M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.63M |
| 4 |
Goldman Sachs
New York
|
+$8.76M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$8.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$56.3M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$28.1M |
| 3 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$22.8M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$7.36M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$5.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
251
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$14.2K | -1,392 | -97% |
|
|
OIA
252
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$11K | -900 | Closed |
|
|
PCP
253
Proficio Capital Partners
Newton,
Massachusetts
| – | -$9K | -696 | Closed |
|
254
Bessemer Group
Woodbridge,
New Jersey
| – | -$3K | -200 | Closed |
|
|
CAW
255
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$2K | -136 | Closed |
|
|
PO
256
Private Ocean
San Rafael,
California
| – | -$1K | -113 | Closed |
|
|
RCAG
257
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$1.08K | -86 | Closed |
|
|
SFG
258
SevenBridge Financial Group
Harrisburg,
Pennsylvania
| – | -$1K | -68 | Closed |
|
|
EFSCE
259
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$1K | -59 | Closed |
|
260
AssetMark Inc
Concord,
California
| – | -$1K | -53 | Closed |
|
261
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$306 | +30 | New |
|
SM Hedge Fund Activity: Q3 2019 in Review
214 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q3 2019, worth a combined $1.11B — down 24% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of SM and 37 opened new positions — a net loss of 15 holders — while 65 trimmed existing stakes and 87 added.
The largest buyer was BlackRock, adding an estimated $43.1M. The largest seller was Millennium Management, cutting an estimated $56.3M.
- 214 institutional investors held SM Energy (SM) as of Q3 2019, down from 230 in Q2 2019.
- Funds reported $1.11B of SM Energy stock for Q3 2019, down 24% quarter-over-quarter.
- 37 funds opened new SM Energy positions in Q3 2019 and 52 closed out, a net change of -15 holders.
- The largest SM Energy buyer in Q3 2019 was BlackRock, an estimated $43.1M added.
- The largest SM Energy seller in Q3 2019 was Millennium Management, an estimated $56.3M sold.
Based on aggregated 13F filings for Q3 2019.