SM Energy
316 hedge funds and large institutions have $5.29B invested in SM Energy in 2014 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 111 increasing their positions, 120 reducing their positions, and 33 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
36% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 33
23% more capital invested
Capital invested by funds: $4.31B → $5.29B (+$986M)
4.02% more ownership
Funds ownership: 90.03% → 94.06% (+4%)
3% more funds holding
Funds holding: 306 → 316 (+10)
8% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 120
52% less call options, than puts
Call options by funds: $46.1M | Put options by funds: $95.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$151M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$42.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$40.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.7M |
| 5 |
Millennium Management
New York
|
+$26.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
-$85.2M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$23.7M |
| 3 |
Citigroup
New York
|
-$22.3M |
| 4 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$21.9M |
| 5 |
D.E. Shaw & Co
New York
|
-$20.1M |
SM Hedge Fund Activity: Q2 2014 in Review
316 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q2 2014, worth a combined $5.29B — up 23% from $4.31B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new SM positions and 33 closed out — a net gain of 12 holders — while 111 added to existing stakes and 120 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $151M. The largest seller was Herndon Capital Management, cutting an estimated $85.2M.
- 316 institutional investors held SM Energy (SM) as of Q2 2014, up from 306 in Q1 2014.
- Funds reported $5.29B of SM Energy stock for Q2 2014, up 23% quarter-over-quarter.
- 45 funds opened new SM Energy positions in Q2 2014 and 33 closed out, a net change of +12 holders.
- The largest SM Energy buyer in Q2 2014 was Lord, Abbett & Co, an estimated $151M added.
- The largest SM Energy seller in Q2 2014 was Herndon Capital Management, an estimated $85.2M sold.
Based on aggregated 13F filings for Q2 2014.