SM Energy
267 hedge funds and large institutions have $3.36B invested in SM Energy in 2018 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 85 increasing their positions, 86 reducing their positions, and 25 closing their positions.
68% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 25
38% more capital invested
Capital invested by funds: $2.43B → $3.36B (+$927M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
6% more funds holding
Funds holding: 252 → 267 (+15)
1% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 86
4.16% less ownership
Funds ownership: 120.63% → 116.46% (-4.2%)
52% less call options, than puts
Call options by funds: $32.7M | Put options by funds: $68.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$54.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$32.5M |
| 3 |
D.E. Shaw & Co
New York
|
+$24.8M |
| 4 |
AIM
Assured Investment Management
New York
|
+$23.4M |
| 5 |
JP Morgan Chase
New York
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$84.2M |
| 2 |
CG
Carmignac Gestion
Paris,
France
|
-$83.7M |
| 3 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$61.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$45.9M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$33M |
SM Hedge Fund Activity: Q2 2018 in Review
267 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q2 2018, worth a combined $3.36B — up 38% from $2.43B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new SM positions and 25 closed out — a net gain of 17 holders — while 85 added to existing stakes and 86 trimmed.
The largest buyer was Bank of America, adding an estimated $54.9M. The largest seller was Millennium Management, cutting an estimated $84.2M.
- 267 institutional investors held SM Energy (SM) as of Q2 2018, up from 252 in Q1 2018.
- Funds reported $3.36B of SM Energy stock for Q2 2018, up 38% quarter-over-quarter.
- 42 funds opened new SM Energy positions in Q2 2018 and 25 closed out, a net change of +17 holders.
- The largest SM Energy buyer in Q2 2018 was Bank of America, an estimated $54.9M added.
- The largest SM Energy seller in Q2 2018 was Millennium Management, an estimated $84.2M sold.
Based on aggregated 13F filings for Q2 2018.