SM Energy
265 hedge funds and large institutions have $2.64B invested in SM Energy in 2017 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 117 increasing their positions, 72 reducing their positions, and 66 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 72
62% more call options, than puts
Call options by funds: $64.6M | Put options by funds: $39.8M
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
3.97% less ownership
Funds ownership: 102.02% → 98.05% (-4%)
13% less funds holding
Funds holding: 304 → 265 (-39)
23% less capital invested
Capital invested by funds: $3.45B → $2.64B (-$808M)
44% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$235M |
| 2 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$133M |
| 3 |
RO
Reservoir Operations
New York
|
+$92.7M |
| 4 |
Millennium Management
New York
|
+$73.6M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$68.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$112M |
| 2 |
VanEck Associates
New York
|
-$89.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$45.1M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$42.6M |
| 5 |
SCM
SIR Capital Management
New York
|
-$33.6M |
SM Hedge Fund Activity: Q1 2017 in Review
265 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q1 2017, worth a combined $2.64B — down 23% from $3.45B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of SM and 37 opened new positions — a net loss of 29 holders — while 72 trimmed existing stakes and 117 added.
The largest buyer was BlackRock, adding an estimated $235M. The largest seller was Fidelity Investments, cutting an estimated $112M.
- 265 institutional investors held SM Energy (SM) as of Q1 2017, down from 304 in Q4 2016.
- Funds reported $2.64B of SM Energy stock for Q1 2017, down 23% quarter-over-quarter.
- 37 funds opened new SM Energy positions in Q1 2017 and 66 closed out, a net change of -29 holders.
- The largest SM Energy buyer in Q1 2017 was BlackRock, an estimated $235M added.
- The largest SM Energy seller in Q1 2017 was Fidelity Investments, an estimated $112M sold.
Based on aggregated 13F filings for Q1 2017.