SM Energy
320 hedge funds and large institutions have $5.02B invested in SM Energy in 2014 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 127 increasing their positions, 100 reducing their positions, and 36 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 100
17% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 36
1.67% more ownership
Funds ownership: 94.06% → 95.73% (+1.7%)
1% more funds holding
Funds holding: 316 → 320 (+4)
5% less capital invested
Capital invested by funds: $5.29B → $5.02B (-$276M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
70% less call options, than puts
Call options by funds: $73.7M | Put options by funds: $242M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$65.8M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
+$57.6M |
| 3 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
+$53M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$46.5M |
| 5 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$28.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$165M |
| 2 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$60M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$44.4M |
| 4 |
Millennium Management
New York
|
-$25M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$21.7M |
SM Hedge Fund Activity: Q3 2014 in Review
320 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q3 2014, worth a combined $5.02B — down 5.2% from $5.29B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new SM positions and 36 closed out — a net gain of 6 holders — while 127 added to existing stakes and 100 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $65.8M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $165M sold.
- 320 institutional investors held SM Energy (SM) as of Q3 2014, up from 316 in Q2 2014.
- Funds reported $5.02B of SM Energy stock for Q3 2014, down 5.2% quarter-over-quarter.
- 42 funds opened new SM Energy positions in Q3 2014 and 36 closed out, a net change of +6 holders.
- The largest SM Energy buyer in Q3 2014 was AllianceBernstein, an estimated $65.8M added.
- The largest SM Energy seller in Q3 2014 was Lord, Abbett & Co, an estimated $165M sold.
Based on aggregated 13F filings for Q3 2014.