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SM Energy

252 hedge funds and large institutions have $2.43B invested in SM Energy in 2018 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 89 increasing their positions, 80 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 80

4.91% more ownership

Funds ownership: 115.68%120.6% (+4.9%)

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

9% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 46

2% less funds holding

Funds holding: 258252 (-6)

11% less call options, than puts

Call options by funds: $20.4M | Put options by funds: $23M

15% less capital invested

Capital invested by funds: $2.85B → $2.43B (-$422M)

Holders
252
Holders Change
-6
Holders Change %
-2.33%
% of All Funds
5.77%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.16%
New
42
Increased
89
Reduced
80
Closed
46
Calls
$20.4M
Puts
$23M
Net Calls
-$2.61M
Net Calls Change
-$9.14M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
26
Bank of America
North Carolina
$20.2M -$1.78M -82,339 -7%
CVA
27
Ceredex Value Advisors
Florida
$18.3M +$21.9M +1,015,100 New
Northern Trust
28
Northern Trust
Illinois
$17.5M +$504K +23,301 +2%
Geode Capital Management
29
Geode Capital Management
Massachusetts
$16.1M +$325K +15,047 +2%
Ameriprise
30
Ameriprise
Minnesota
$15.6M +$1.51M +69,856 +9%
ECP
31
Elk Creek Partners
Colorado
$14.1M +$3.77M +174,302 +29%
PCM
32
Palisade Capital Management
New Jersey
$14M +$268K +12,388 +2%
DIA
33
Denver Investment Advisors
Colorado
$13.5M -$806K -37,303 -5%
AR
34
Advisory Research
Illinois
$13.4M +$6.48M +300,000 +68%
KCM
35
Kennedy Capital Management
Missouri
$12.4M -$1.94M -89,736 -12%
VAS
36
VR Advisory Services
Cayman Islands
$10.4M
First Trust Advisors
37
First Trust Advisors
Illinois
$10.2M -$4.15M -191,958 -25%
Norges Bank
38
Norges Bank
Norway
$9.63M -$7.03M -325,306 -38%
CS
39
Credit Suisse
Switzerland
$8.41M +$8.1M +374,975 +409%
Charles Schwab
40
Charles Schwab
California
$8.38M +$294K +13,585 +3%
Principal Financial Group
41
Principal Financial Group
Iowa
$8.04M +$168K +7,796 +2%
AQR Capital Management
42
AQR Capital Management
Connecticut
$7.92M -$34.6M -1,599,837 -78%
TCIM
43
TIAA CREF Investment Management
New York
$7.24M +$336K +15,562 +4%
MC
44
Maverick Capital
Texas
$7.15M +$8.57M +396,610 New
Wells Fargo
45
Wells Fargo
California
$6.88M -$1.13M -52,341 -12%
JP Morgan Chase
46
JP Morgan Chase
New York
$6.78M -$5.17M -239,056 -39%
Morgan Stanley
47
Morgan Stanley
New York
$6.41M -$2.2M -102,040 -22%
BGIM
48
Brandywine Global Investment Management
Pennsylvania
$6.22M +$7.45M +344,779 New
N
49
Nuveen
North Carolina
$6.03M +$7.22M +334,348 New
Canada Pension Plan Investment Board
50
Canada Pension Plan Investment Board
Ontario, Canada
$5.55M +$2.26M +104,600 +52%

SM Hedge Fund Activity: Q1 2018 in Review

252 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q1 2018, worth a combined $2.43B — down 15% from $2.85B a quarter earlier.

Sellers outnumbered buyers: 46 funds closed out of SM and 42 opened new positions — a net loss of 4 holders — while 80 trimmed existing stakes and 89 added.

The largest buyer was Millennium Management, adding an estimated $48.9M. The largest seller was AQR Capital Management, cutting an estimated $34.6M.

  • 252 institutional investors held SM Energy (SM) as of Q1 2018, down from 258 in Q4 2017.
  • Funds reported $2.43B of SM Energy stock for Q1 2018, down 15% quarter-over-quarter.
  • 42 funds opened new SM Energy positions in Q1 2018 and 46 closed out, a net change of -4 holders.
  • The largest SM Energy buyer in Q1 2018 was Millennium Management, an estimated $48.9M added.
  • The largest SM Energy seller in Q1 2018 was AQR Capital Management, an estimated $34.6M sold.

Based on aggregated 13F filings for Q1 2018.