SM Energy
228 hedge funds and large institutions have $2.02B invested in SM Energy in 2016 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 72 increasing their positions, 86 reducing their positions, and 28 closing their positions.
29% more capital invested
Capital invested by funds: $1.57B → $2.02B (+$448M)
18% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 28
1% more funds holding
Funds holding: 225 → 228 (+3)
13.3% less ownership
Funds ownership: 122.55% → 109.24% (-13%)
16% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 86
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
61% less call options, than puts
Call options by funds: $39.5M | Put options by funds: $102M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$44.5M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$18.3M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$14.6M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$13.2M |
| 5 |
D.E. Shaw & Co
New York
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$67.1M |
| 2 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$59.3M |
| 3 |
SCM
SIR Capital Management
New York
|
-$25.5M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$23.9M |
| 5 |
Millennium Management
New York
|
-$23.6M |
SM Hedge Fund Activity: Q2 2016 in Review
228 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q2 2016, worth a combined $2.02B — up 29% from $1.57B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new SM positions and 28 closed out — a net gain of 5 holders — while 72 added to existing stakes and 86 trimmed.
The largest buyer was Macquarie Group, adding an estimated $44.5M. The largest seller was KGH Ltd, cutting an estimated $67.1M.
- 228 institutional investors held SM Energy (SM) as of Q2 2016, up from 225 in Q1 2016.
- Funds reported $2.02B of SM Energy stock for Q2 2016, up 29% quarter-over-quarter.
- 33 funds opened new SM Energy positions in Q2 2016 and 28 closed out, a net change of +5 holders.
- The largest SM Energy buyer in Q2 2016 was Macquarie Group, an estimated $44.5M added.
- The largest SM Energy seller in Q2 2016 was KGH Ltd, an estimated $67.1M sold.
Based on aggregated 13F filings for Q2 2016.