SM Energy
265 hedge funds and large institutions have $2.41B invested in SM Energy in 2015 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 112 increasing their positions, 72 reducing their positions, and 52 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 72
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
8% more ownership
Funds ownership: 101.99% → 109.99% (+8%)
6% less funds holding
Funds holding: 282 → 265 (-17)
15% less call options, than puts
Call options by funds: $41.8M | Put options by funds: $48.9M
24% less capital invested
Capital invested by funds: $3.18B → $2.41B (-$772M)
29% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 52
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$78.7M |
| 2 |
Millennium Management
New York
|
+$68.6M |
| 3 |
SCM
SIR Capital Management
New York
|
+$35.8M |
| 4 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$31.8M |
| 5 |
CCP
Caymus Capital Partners
The Woodlands,
Texas
|
+$24.9M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$77.3M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$22.7M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$22.4M |
| 4 |
HCM
Hayman Capital Management
Dallas,
Texas
|
-$17.4M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$16.4M |
SM Hedge Fund Activity: Q3 2015 in Review
265 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q3 2015, worth a combined $2.41B — down 24% from $3.18B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of SM and 37 opened new positions — a net loss of 15 holders — while 72 trimmed existing stakes and 112 added.
The largest buyer was Fidelity Investments, adding an estimated $78.7M. The largest seller was Goldman Sachs, cutting an estimated $77.3M.
- 265 institutional investors held SM Energy (SM) as of Q3 2015, down from 282 in Q2 2015.
- Funds reported $2.41B of SM Energy stock for Q3 2015, down 24% quarter-over-quarter.
- 37 funds opened new SM Energy positions in Q3 2015 and 52 closed out, a net change of -15 holders.
- The largest SM Energy buyer in Q3 2015 was Fidelity Investments, an estimated $78.7M added.
- The largest SM Energy seller in Q3 2015 was Goldman Sachs, an estimated $77.3M sold.
Based on aggregated 13F filings for Q3 2015.