SM Energy
230 hedge funds and large institutions have $1.58B invested in SM Energy in 2019 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 87 increasing their positions, 78 reducing their positions, and 44 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
12% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 78
3.32% more ownership
Funds ownership: 100.34% → 103.66% (+3.3%)
8% less funds holding
Funds holding: 251 → 230 (-21)
20% less capital invested
Capital invested by funds: $1.97B → $1.58B (-$389M)
37% less call options, than puts
Call options by funds: $6.76M | Put options by funds: $10.8M
39% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$42.4M |
| 2 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$26M |
| 3 |
Millennium Management
New York
|
+$19.5M |
| 4 |
State Street
Boston,
Massachusetts
|
+$18.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$26.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.7M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$19.8M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$11.1M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
-$9.63M |
SM Hedge Fund Activity: Q2 2019 in Review
230 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q2 2019, worth a combined $1.58B — down 20% from $1.97B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of SM and 27 opened new positions — a net loss of 17 holders — while 78 trimmed existing stakes and 87 added.
The largest buyer was BlackRock, adding an estimated $42.4M. The largest seller was Goldman Sachs, cutting an estimated $26.4M.
- 230 institutional investors held SM Energy (SM) as of Q2 2019, down from 251 in Q1 2019.
- Funds reported $1.58B of SM Energy stock for Q2 2019, down 20% quarter-over-quarter.
- 27 funds opened new SM Energy positions in Q2 2019 and 44 closed out, a net change of -17 holders.
- The largest SM Energy buyer in Q2 2019 was BlackRock, an estimated $42.4M added.
- The largest SM Energy seller in Q2 2019 was Goldman Sachs, an estimated $26.4M sold.
Based on aggregated 13F filings for Q2 2019.