SM Energy
225 hedge funds and large institutions have $1.57B invested in SM Energy in 2016 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 88 increasing their positions, 68 reducing their positions, and 50 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
29% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 68
5.57% less ownership
Funds ownership: 128.11% → 122.55% (-5.6%)
7% less funds holding
Funds holding: 241 → 225 (-16)
9% less capital invested
Capital invested by funds: $1.72B → $1.57B (-$155M)
30% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 50
54% less call options, than puts
Call options by funds: $14.6M | Put options by funds: $31.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$20.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.1M |
| 3 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$16.9M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$16.4M |
| 5 |
SDIC
South Dakota Investment Council
Sioux Falls,
South Dakota
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$52.9M |
| 2 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
-$48.6M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$39M |
| 4 |
CCP
Caymus Capital Partners
The Woodlands,
Texas
|
-$26.5M |
| 5 |
CI
Cambiar Investors
Denver,
Colorado
|
-$19.2M |
SM Hedge Fund Activity: Q1 2016 in Review
225 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q1 2016, worth a combined $1.57B — down 9% from $1.72B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of SM and 35 opened new positions — a net loss of 15 holders — while 68 trimmed existing stakes and 88 added.
The largest buyer was First Trust Advisors, adding an estimated $20.9M. The largest seller was Artisan Partners, exiting entirely with an estimated $52.9M sold.
- 225 institutional investors held SM Energy (SM) as of Q1 2016, down from 241 in Q4 2015.
- Funds reported $1.57B of SM Energy stock for Q1 2016, down 9% quarter-over-quarter.
- 35 funds opened new SM Energy positions in Q1 2016 and 50 closed out, a net change of -15 holders.
- The largest SM Energy buyer in Q1 2016 was First Trust Advisors, an estimated $20.9M added.
- The largest SM Energy seller in Q1 2016 was Artisan Partners, an estimated $52.9M sold.
Based on aggregated 13F filings for Q1 2016.