SM Energy
293 hedge funds and large institutions have $3.31B invested in SM Energy in 2015 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 100 increasing their positions, 108 reducing their positions, and 43 closing their positions.
40% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 43
34% more capital invested
Capital invested by funds: $2.47B → $3.31B (+$833M)
5% more funds holding
Funds holding: 279 → 293 (+14)
5% more call options, than puts
Call options by funds: $93.1M | Put options by funds: $88.3M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.53% less ownership
Funds ownership: 94.93% → 94.4% (-0.53%)
7% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 108
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$100M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$33.4M |
| 3 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$24.5M |
| 4 |
Goldman Sachs
New York
|
+$21.7M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$78.4M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$33.9M |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$31.2M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$24.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$19.9M |
SM Hedge Fund Activity: Q1 2015 in Review
293 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q1 2015, worth a combined $3.31B — up 34% from $2.47B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new SM positions and 43 closed out — a net gain of 17 holders — while 100 added to existing stakes and 108 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $100M. The largest seller was AJO LP, cutting an estimated $78.4M.
- 293 institutional investors held SM Energy (SM) as of Q1 2015, up from 279 in Q4 2014.
- Funds reported $3.31B of SM Energy stock for Q1 2015, up 34% quarter-over-quarter.
- 60 funds opened new SM Energy positions in Q1 2015 and 43 closed out, a net change of +17 holders.
- The largest SM Energy buyer in Q1 2015 was Fidelity Investments, an estimated $100M added.
- The largest SM Energy seller in Q1 2015 was AJO LP, an estimated $78.4M sold.
Based on aggregated 13F filings for Q1 2015.