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SM Energy

252 hedge funds and large institutions have $2.43B invested in SM Energy in 2018 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 89 increasing their positions, 80 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 80

4.91% more ownership

Funds ownership: 115.68%120.6% (+4.9%)

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

9% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 46

2% less funds holding

Funds holding: 258252 (-6)

11% less call options, than puts

Call options by funds: $20.4M | Put options by funds: $23M

15% less capital invested

Capital invested by funds: $2.85B → $2.43B (-$422M)

Holders
252
Holders Change
-6
Holders Change %
-2.33%
% of All Funds
5.77%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.16%
New
42
Increased
89
Reduced
80
Closed
46
Calls
$20.4M
Puts
$23M
Net Calls
-$2.61M
Net Calls Change
-$9.14M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$169M +$4.79M +221,493 +2%
Millennium Management
2
Millennium Management
New York
$164M +$48.9M +2,263,004 +33%
Capital Research Global Investors
3
Capital Research Global Investors
California
$162M +$6.54M +302,639 +3%
BlackRock
4
BlackRock
New York
$160M +$3.7M +171,358 +2%
CCM
5
Causeway Capital Management
California
$160M +$5.35M +247,376 +3%
EECFI
6
EnCap Energy Capital Fund IX
Texas
$148M
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$128M +$11M +509,983 +8%
State Street
8
State Street
Massachusetts
$92.2M -$1.68M -77,789 -1%
KL
9
KGH Ltd
Bahamas
$91.8M +$14.1M +653,106 +15%
CG
10
Carmignac Gestion
France
$85.2M -$25.8M -1,191,825 -20%
AllianceBernstein
11
AllianceBernstein
Tennessee
$79.6M -$4.15M -192,033 -4%
FTCM
12
Fir Tree Capital Management
New York
$72.2M
Macquarie Group
13
Macquarie Group
Australia
$59.9M +$904K +41,854 +1%
FCM
14
Frontier Capital Management
Massachusetts
$45M -$4.74M -219,290 -8%
FPA
15
First Pacific Advisors
California
$43.2M +$13.1M +606,013 +34%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$41.3M -$55.8K -2,583 -0.1%
Citadel Advisors
17
Citadel Advisors
Florida
$38.4M +$41.9M +1,937,616 +1,016%
OAMA
18
Oslo Asset Management AS
Norway
$33.8M +$8.98M +415,400 +28%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$31.6M +$10.7M +496,720 +40%
Goldman Sachs
20
Goldman Sachs
New York
$31M +$2.42M +111,997 +7%
New York State Common Retirement Fund
21
New York State Common Retirement Fund
New York
$29.7M +$8.38M +387,948 +31%
Mackenzie Financial
22
Mackenzie Financial
Ontario, Canada
$29.4M -$999K -46,219 -3%
Point72 Asset Management
23
Point72 Asset Management
Connecticut
$29.3M +$32.4M +1,500,700 +1,196%
SFM
24
Systematic Financial Management
New Jersey
$24M +$22.5K +1,041 +0.1%
WC
25
Wexford Capital
Florida
$20.7M +$24.8M +1,149,608 New

SM Hedge Fund Activity: Q1 2018 in Review

252 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q1 2018, worth a combined $2.43B — down 15% from $2.85B a quarter earlier.

Sellers outnumbered buyers: 46 funds closed out of SM and 42 opened new positions — a net loss of 4 holders — while 80 trimmed existing stakes and 89 added.

The largest buyer was Millennium Management, adding an estimated $48.9M. The largest seller was AQR Capital Management, cutting an estimated $34.6M.

  • 252 institutional investors held SM Energy (SM) as of Q1 2018, down from 258 in Q4 2017.
  • Funds reported $2.43B of SM Energy stock for Q1 2018, down 15% quarter-over-quarter.
  • 42 funds opened new SM Energy positions in Q1 2018 and 46 closed out, a net change of -4 holders.
  • The largest SM Energy buyer in Q1 2018 was Millennium Management, an estimated $48.9M added.
  • The largest SM Energy seller in Q1 2018 was AQR Capital Management, an estimated $34.6M sold.

Based on aggregated 13F filings for Q1 2018.