SM Energy
239 hedge funds and large institutions have $1.91B invested in SM Energy in 2018 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 89 increasing their positions, 76 reducing their positions, and 71 closing their positions.
191% more call options, than puts
Call options by funds: $32.1M | Put options by funds: $11M
17% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 76
1.96% more ownership
Funds ownership: 108.09% → 110.04% (+2%)
13% less funds holding
Funds holding: 274 → 239 (-35)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
49% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 71
50% less capital invested
Capital invested by funds: $3.82B → $1.91B (-$1.91B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$55.3M |
| 2 |
Millennium Management
New York
|
+$54.3M |
| 3 |
Renaissance Technologies
New York
|
+$44.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$32.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$29.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$67.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$51.8M |
| 3 |
JP Morgan Chase
New York
|
-$30.2M |
| 4 |
EECFI
EnCap Energy Capital Fund IX
Houston,
Texas
|
-$25.8M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$20.2M |
SM Hedge Fund Activity: Q4 2018 in Review
239 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q4 2018, worth a combined $1.91B — down 50% from $3.82B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of SM and 36 opened new positions — a net loss of 35 holders — while 76 trimmed existing stakes and 89 added.
The largest buyer was KGH Ltd, adding an estimated $55.3M. The largest seller was Citadel Advisors, cutting an estimated $67.5M.
- 239 institutional investors held SM Energy (SM) as of Q4 2018, down from 274 in Q3 2018.
- Funds reported $1.91B of SM Energy stock for Q4 2018, down 50% quarter-over-quarter.
- 36 funds opened new SM Energy positions in Q4 2018 and 71 closed out, a net change of -35 holders.
- The largest SM Energy buyer in Q4 2018 was KGH Ltd, an estimated $55.3M added.
- The largest SM Energy seller in Q4 2018 was Citadel Advisors, an estimated $67.5M sold.
Based on aggregated 13F filings for Q4 2018.