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, 88 increasing their positions, 80 reducing their positions, and 46 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 80
4.94% more ownership
Funds ownership: 115.68% → 120.63% (+4.9%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
9% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 46
2% less funds holding
Funds holding: 258 → 252 (-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 (-$424M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$48.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$41.9M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$32.4M |
| 4 |
WC
Wexford Capital
West Palm Beach,
Florida
|
+$24.8M |
| 5 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$34.6M |
| 2 |
CG
Carmignac Gestion
Paris,
France
|
-$25.8M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$21.9M |
| 4 |
Capital Fund Management (CFM)
Paris,
France
|
-$19M |
| 5 |
PC
Precocity Capital
Stamford,
Connecticut
|
-$11M |
SM Hedge Fund Activity: Q1 2018 in Review
252 of the 4,373 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 88 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.