SM Energy
174 hedge funds and large institutions have $136M invested in SM Energy in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 57 increasing their positions, 59 reducing their positions, and 67 closing their positions.
3% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 59
1.73% less ownership
Funds ownership: 99.68% → 97.95% (-1.7%)
21% less funds holding
Funds holding: 219 → 174 (-45)
40% less call options, than puts
Call options by funds: $412K | Put options by funds: $689K
61% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 67
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
89% less capital invested
Capital invested by funds: $1.26B → $136M (-$1.13B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$25.4M |
| 2 |
Millennium Management
New York
|
+$22M |
| 3 |
Goldman Sachs
New York
|
+$21.9M |
| 4 |
State Street
Boston,
Massachusetts
|
+$20.5M |
| 5 |
D.E. Shaw & Co
New York
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$41M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
-$31.2M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$23.8M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$17.1M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$14M |
SM Hedge Fund Activity: Q1 2020 in Review
174 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q1 2020, worth a combined $136M — down 89% from $1.26B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of SM and 26 opened new positions — a net loss of 41 holders — while 59 trimmed existing stakes and 57 added.
The largest buyer was Schneider Capital Management, adding an estimated $25.4M. The largest seller was Macquarie Group, exiting entirely with an estimated $41M sold.
- 174 institutional investors held SM Energy (SM) as of Q1 2020, down from 219 in Q4 2019.
- Funds reported $136M of SM Energy stock for Q1 2020, down 89% quarter-over-quarter.
- 26 funds opened new SM Energy positions in Q1 2020 and 67 closed out, a net change of -41 holders.
- The largest SM Energy buyer in Q1 2020 was Schneider Capital Management, an estimated $25.4M added.
- The largest SM Energy seller in Q1 2020 was Macquarie Group, an estimated $41M sold.
Based on aggregated 13F filings for Q1 2020.