SM Energy
258 hedge funds and large institutions have $2.85B invested in SM Energy in 2017 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 85 increasing their positions, 88 reducing their positions, and 22 closing their positions.
91% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 22
36% more capital invested
Capital invested by funds: $2.1B → $2.85B (+$754M)
24% more call options, than puts
Call options by funds: $33.6M | Put options by funds: $27M
9.92% more ownership
Funds ownership: 105.76% → 115.68% (+9.9%)
7% more funds holding
Funds holding: 241 → 258 (+17)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
3% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EECFI
EnCap Energy Capital Fund IX
Houston,
Texas
|
+$165M |
| 2 |
CG
Carmignac Gestion
Paris,
France
|
+$119M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$36.7M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$20M |
| 5 |
Millennium Management
New York
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$48.9M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
-$28.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$20.9M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
-$14M |
| 5 |
Morgan Stanley
New York
|
-$13.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIB
276
First Interstate Bank
Billings,
Montana
| – | -$27K | -1,500 | Closed |
|
277
Lazard Asset Management
New York
| – | -$22K | -1,241 | Closed |
|
278
Parallax Volatility Advisers
San Francisco,
California
| – | -$4K | -232 | Closed |
|
|
VCM
279
Versant Capital Management
Phoenix,
Arizona
| – | +$343 | +17 | +74% |
|
|
MOS
280
MGO One Seven
Beachwood,
Ohio
| – | +$363 | +18 | New |
|
SM Hedge Fund Activity: Q4 2017 in Review
258 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q4 2017, worth a combined $2.85B — up 36% from $2.1B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new SM positions and 22 closed out — a net gain of 20 holders — while 85 added to existing stakes and 88 trimmed.
The largest buyer was EnCap Energy Capital Fund IX, opening a new position worth an estimated $165M. The largest seller was Citadel Advisors, cutting an estimated $48.9M.
- 258 institutional investors held SM Energy (SM) as of Q4 2017, up from 241 in Q3 2017.
- Funds reported $2.85B of SM Energy stock for Q4 2017, up 36% quarter-over-quarter.
- 42 funds opened new SM Energy positions in Q4 2017 and 22 closed out, a net change of +20 holders.
- The largest SM Energy buyer in Q4 2017 was EnCap Energy Capital Fund IX, an estimated $165M added.
- The largest SM Energy seller in Q4 2017 was Citadel Advisors, an estimated $48.9M sold.
Based on aggregated 13F filings for Q4 2017.