SM Energy
370 hedge funds and large institutions have $4.25B invested in SM Energy in 2023 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 131 increasing their positions, 130 reducing their positions, and 55 closing their positions.
86% more call options, than puts
Call options by funds: $45.9M | Put options by funds: $24.7M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
4.88% more ownership
Funds ownership: 89.45% → 94.33% (+4.9%)
9% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 55
1% more capital invested
Capital invested by funds: $4.21B → $4.25B (+$37.2M)
1% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 130
0% less funds holding
Funds holding: 371 → 370 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$115M |
| 2 |
JP Morgan Chase
New York
|
+$68.9M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$49.9M |
| 4 |
ACG
Aventail Capital Group
New York
|
+$37.6M |
| 5 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$30.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$68.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$36.5M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$18.6M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$18.4M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$17.5M |
SM Hedge Fund Activity: Q4 2023 in Review
370 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q4 2023, worth a combined $4.25B — up 0.88% from $4.21B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new SM positions and 55 closed out — a net gain of 5 holders — while 131 added to existing stakes and 130 trimmed.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $115M. The largest seller was Millennium Management, cutting an estimated $68.2M.
- 370 institutional investors held SM Energy (SM) as of Q4 2023, down from 371 in Q3 2023.
- Funds reported $4.25B of SM Energy stock for Q4 2023, up 0.88% quarter-over-quarter.
- 60 funds opened new SM Energy positions in Q4 2023 and 55 closed out, a net change of +5 holders.
- The largest SM Energy buyer in Q4 2023 was T. Rowe Price Investment Management, an estimated $115M added.
- The largest SM Energy seller in Q4 2023 was Millennium Management, an estimated $68.2M sold.
Based on aggregated 13F filings for Q4 2023.