SM Energy
294 hedge funds and large institutions have $3.04B invested in SM Energy in 2023 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 110 increasing their positions, 105 reducing their positions, and 80 closing their positions.
73% more call options, than puts
Call options by funds: $26M | Put options by funds: $15.1M
5% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 105
0.24% more ownership
Funds ownership: 87.92% → 88.16% (+0.24%)
14% less funds holding
Funds holding: 340 → 294 (-46)
19% less capital invested
Capital invested by funds: $3.76B → $3.04B (-$722M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
51% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$37.4M |
| 2 |
Millennium Management
New York
|
+$26.6M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$17.4M |
| 4 |
Walleye Capital
New York
|
+$12.8M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$48.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$47.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$44.4M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$31M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$23.8M |
SM Hedge Fund Activity: Q1 2023 in Review
294 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q1 2023, worth a combined $3.04B — down 19% from $3.76B a quarter earlier.
Sellers outnumbered buyers: 80 funds closed out of SM and 39 opened new positions — a net loss of 41 holders — while 105 trimmed existing stakes and 110 added.
The largest buyer was Balyasny Asset Management, adding an estimated $37.4M. The largest seller was Advisory Research, exiting entirely with an estimated $48.8M sold.
- 294 institutional investors held SM Energy (SM) as of Q1 2023, down from 340 in Q4 2022.
- Funds reported $3.04B of SM Energy stock for Q1 2023, down 19% quarter-over-quarter.
- 39 funds opened new SM Energy positions in Q1 2023 and 80 closed out, a net change of -41 holders.
- The largest SM Energy buyer in Q1 2023 was Balyasny Asset Management, an estimated $37.4M added.
- The largest SM Energy seller in Q1 2023 was Advisory Research, an estimated $48.8M sold.
Based on aggregated 13F filings for Q1 2023.