SM Energy
282 hedge funds and large institutions have $4.67B invested in SM Energy in 2013 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 99 increasing their positions, 97 reducing their positions, and 29 closing their positions.
90% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 29
38% more call options, than puts
Call options by funds: $58.3M | Put options by funds: $42.2M
31% more capital invested
Capital invested by funds: $3.57B → $4.67B (+$1.1B)
9% more funds holding
Funds holding: 258 → 282 (+24)
2% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 97
0.18% more ownership
Funds ownership: 90.32% → 90.5% (+0.18%)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
+$40.7M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$24.8M |
| 3 |
Jennison Associates
New York
|
+$24.7M |
| 4 |
Two Sigma Investments
New York
|
+$23.2M |
| 5 |
Two Sigma Advisers
New York
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$64.8M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$34.7M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$29.2M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$28.6M |
| 5 |
PP
Peconic Partners
New York
|
-$23.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FNYS
301
First New York Securities
New York
| – | -$300K | -5,000 | Closed |
|
|
GCP
302
GSA Capital Partners
London,
United Kingdom
| – | -$279K | -4,655 | Closed |
|
|
SI
303
SII Investments
Appleton,
Wisconsin
| – | -$270K | -4,500 | Closed |
|
304
Tudor Investment Corp
Stamford,
Connecticut
| – | -$258K | -4,300 | Closed |
|
|
DCM
305
Dynamic Capital Management
St. Helier,
Jersey
| – | -$252K | -4,203 | Closed |
|
|
QT
306
Quantbot Technologies
New York
| – | -$180K | -3,016 | Closed |
|
|
TRCT
307
Tower Research Capital (TRC)
New York
| – | -$94K | -1,564 | Closed |
|
|
OMCS
308
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$54K | -900 | Closed |
|
|
ST
309
Spot Trading
Chicago,
Illinois
| – | -$29.3K | -423 | Closed |
|
|
PG
310
PEAK6 Group
Chicago,
Illinois
| – | -$7.06K | -102 | Closed |
|
311
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -50 | Closed |
|
SM Hedge Fund Activity: Q3 2013 in Review
282 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q3 2013, worth a combined $4.67B — up 31% from $3.57B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new SM positions and 29 closed out — a net gain of 26 holders — while 99 added to existing stakes and 97 trimmed.
The largest buyer was Carlson Capital, opening a new position worth an estimated $40.7M. The largest seller was Balyasny Asset Management, cutting an estimated $64.8M.
- 282 institutional investors held SM Energy (SM) as of Q3 2013, up from 258 in Q2 2013.
- Funds reported $4.67B of SM Energy stock for Q3 2013, up 31% quarter-over-quarter.
- 55 funds opened new SM Energy positions in Q3 2013 and 29 closed out, a net change of +26 holders.
- The largest SM Energy buyer in Q3 2013 was Carlson Capital, an estimated $40.7M added.
- The largest SM Energy seller in Q3 2013 was Balyasny Asset Management, an estimated $64.8M sold.
Based on aggregated 13F filings for Q3 2013.