SM Energy
404 hedge funds and large institutions have $3.48B invested in SM Energy in 2025 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 158 increasing their positions, 141 reducing their positions, and 86 closing their positions.
106% more call options, than puts
Call options by funds: $49.6M | Put options by funds: $24M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
12% more repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 141
0.79% more ownership
Funds ownership: 100.67% → 101.46% (+0.79%)
5% less funds holding
Funds holding: 426 → 404 (-22)
22% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 86
22% less capital invested
Capital invested by funds: $4.47B → $3.48B (-$989M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$55.1M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$52.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$42.3M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$39.1M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$30.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$160M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$38.2M |
| 3 |
Goldman Sachs
New York
|
-$30.2M |
| 4 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$24.2M |
| 5 |
D.E. Shaw & Co
New York
|
-$18.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LI
476
LRI Investments
Palm Beach Gardens,
Florida
| – | -$2.89K | -75 | Closed |
|
|
NWWA
477
New Wave Wealth Advisors
Springdale,
Arkansas
| – | -$2.79K | -72 | Closed |
|
|
CFO
478
CVA Family Office
Denver,
Colorado
| – | -$2.75K | -71 | Closed |
|
|
CFGS
479
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$1.59K | -38 | Closed |
|
|
RS
480
Rakuten Securities
Tokyo,
Japan
| – | -$1.36K | -35 | Closed |
|
|
BWL
481
Bogart Wealth LLC
Mclean,
Virginia
| – | -$1.28K | -33 | Closed |
|
|
SS
482
SBI Securities
Tokyo,
Japan
| – | -$814 | -21 | Closed |
|
|
CWP
483
Concord Wealth Partners
Abingdon,
Virginia
| – | -$620 | -16 | Closed |
|
484
Walleye Capital
New York
| – | -$359 | -10 | Closed |
|
|
CPG
485
Cornerstone Planning Group
Fairfield,
New Jersey
| – | -$318 | -8 | Closed |
|
|
T
486
Transce3nd
Kyle,
Texas
| – | -$271 | -7 | Closed |
|
|
AWM
487
Avior Wealth Management
Omaha,
Nebraska
| – | -$193 | -5 | Closed |
|
|
AWM
488
Activest Wealth Management
Aventure,
Florida
| – | -$36 | -1 | Closed |
|
|
TFM
489
TFC Financial Management
Boston,
Massachusetts
| – | -$39 | -1 | Closed |
|
SM Hedge Fund Activity: Q1 2025 in Review
404 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q1 2025, worth a combined $3.48B — down 22% from $4.47B a quarter earlier.
Sellers outnumbered buyers: 86 funds closed out of SM and 67 opened new positions — a net loss of 19 holders — while 141 trimmed existing stakes and 158 added.
The largest buyer was Millennium Management, adding an estimated $55.1M. The largest seller was Pacer Advisors, exiting entirely with an estimated $160M sold.
- 404 institutional investors held SM Energy (SM) as of Q1 2025, down from 426 in Q4 2024.
- Funds reported $3.48B of SM Energy stock for Q1 2025, down 22% quarter-over-quarter.
- 67 funds opened new SM Energy positions in Q1 2025 and 86 closed out, a net change of -19 holders.
- The largest SM Energy buyer in Q1 2025 was Millennium Management, an estimated $55.1M added.
- The largest SM Energy seller in Q1 2025 was Pacer Advisors, an estimated $160M sold.
Based on aggregated 13F filings for Q1 2025.