SM Energy
321 hedge funds and large institutions have $5.14B invested in SM Energy in 2013 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 103 increasing their positions, 112 reducing their positions, and 32 closing their positions.
125% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 32
14% more funds holding
Funds holding: 282 → 321 (+39)
10% more capital invested
Capital invested by funds: $4.67B → $5.14B (+$469M)
1.95% more ownership
Funds ownership: 90.5% → 92.45% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
8% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 112
43% less call options, than puts
Call options by funds: $45.1M | Put options by funds: $79.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$165M |
| 2 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
+$71.7M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
+$42.3M |
| 4 |
RIM
Rainier Investment Management
Seattle,
Washington
|
+$37.1M |
| 5 |
Jennison Associates
New York
|
+$35.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$119M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$84.2M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
-$52.6M |
| 4 |
Goldman Sachs
New York
|
-$37.6M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
351
Parallax Volatility Advisers
San Francisco,
California
| – | -$8.27K | -97 | Closed |
|
|
PTC
352
Private Trust Company
Cleveland,
Ohio
| – | -$7K | -90 | Closed |
|
|
HR
353
Howe & Rusling
Rochester,
New York
| – | -$1K | -15 | Closed |
|
|
OC
354
Oakworth Capital
Birmingham,
Alabama
| – | +$341 | +4 | New |
|
SM Hedge Fund Activity: Q4 2013 in Review
321 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q4 2013, worth a combined $5.14B — up 10% from $4.67B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new SM positions and 32 closed out — a net gain of 40 holders — while 103 added to existing stakes and 112 trimmed.
The largest buyer was AJO LP, adding an estimated $165M. The largest seller was BlackRock Advisors, cutting an estimated $119M.
- 321 institutional investors held SM Energy (SM) as of Q4 2013, up from 282 in Q3 2013.
- Funds reported $5.14B of SM Energy stock for Q4 2013, up 10% quarter-over-quarter.
- 72 funds opened new SM Energy positions in Q4 2013 and 32 closed out, a net change of +40 holders.
- The largest SM Energy buyer in Q4 2013 was AJO LP, an estimated $165M added.
- The largest SM Energy seller in Q4 2013 was BlackRock Advisors, an estimated $119M sold.
Based on aggregated 13F filings for Q4 2013.