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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.

New
Increased
Maintained
Reduced
Closed

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: 230214 (-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: 42 (-2)

Holders
214
Holders Change
-16
Holders Change %
-6.96%
% of All Funds
4.69%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.04%
New
37
Increased
87
Reduced
65
Closed
52
Calls
$10.6M
Puts
$19.5M
Net Calls
-$8.83M
Net Calls Change
-$4.84M
Name Holding Trade Value Shares
Change
Change in
Stake
CVA
26
Ceredex Value Advisors
Florida
$8.23M -$260K -25,500 -3%
Alyeska Investment Group
27
Alyeska Investment Group
Illinois
$8.21M +$8.36M +819,884 +3,043%
Charles Schwab
28
Charles Schwab
California
$7.83M +$698K +68,491 +9%
SCM
29
SIR Capital Management
New York
$6.91M +$3.04M +298,655 +72%
Millennium Management
30
Millennium Management
New York
$6.73M -$56.3M -5,525,771 -89%
SCM
31
Schneider Capital Management
Pennsylvania
$6.62M +$5.56M +545,153 +394%
CS
32
Credit Suisse
Switzerland
$5.61M +$1.69M +165,286 +40%
JP Morgan Chase
33
JP Morgan Chase
New York
$5.53M +$1.12M +110,332 +24%
First Trust Advisors
34
First Trust Advisors
Illinois
$5.47M -$1.99M -195,100 -26%
PPA
35
Parametric Portfolio Associates
Washington
$5.15M +$2.93M +287,794 +118%
Susquehanna International Group
36
Susquehanna International Group
Pennsylvania
$4.95M +$2.63M +257,769 +102%
Bank of America
37
Bank of America
North Carolina
$4.74M +$419K +41,140 +9%
Morgan Stanley
38
Morgan Stanley
New York
$4.72M +$4.08M +399,864 +459%
Bank of Montreal
39
Bank of Montreal
Ontario, Canada
$4.54M -$515K -50,481 -10%
Nomura Holdings
40
Nomura Holdings
Japan
$4.12M +$701K +68,730 +18%
Invesco
41
Invesco
Georgia
$3.6M +$602K +59,037 +19%
New York State Common Retirement Fund
42
New York State Common Retirement Fund
New York
$3.52M +$572K +56,087 +18%
RhumbLine Advisers
43
RhumbLine Advisers
Massachusetts
$3.46M +$269K +26,347 +8%
Rafferty Asset Management
44
Rafferty Asset Management
New York
$3.37M -$292K -28,596 -8%
Legal & General Group
45
Legal & General Group
United Kingdom
$3.35M +$1.72M +168,923 +96%
Voloridge Investment Management
46
Voloridge Investment Management
Florida
$3.29M +$2.02M +197,767 +140%
Connor, Clark & Lunn Investment Management (CC&L)
47
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.25M +$1.15M +113,053 +51%
WC
48
Walthausen & Co
New York
$3.14M +$558K +54,770 +20%
Public Sector Pension Investment Board (PSP Investments)
49
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.61M +$2.75M +269,336 New
Barclays
50
Barclays
United Kingdom
$2.48M +$1.72M +168,263 +191%

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.