SM Energy
373 hedge funds and large institutions have $2.83B invested in SM Energy in 2025 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 170 increasing their positions, 129 reducing their positions, and 67 closing their positions.
98% more call options, than puts
Call options by funds: $41.7M | Put options by funds: $21.1M
32% more repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 129
1.42% less ownership
Funds ownership: 101.46% → 100.03% (-1.4%)
8% less funds holding
Funds holding: 405 → 373 (-32)
12% less capital inflows, than outflows
Capital inflows: $336M | Capital outflows: $384M
42% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 67
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$53.1M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$24.7M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$23.1M |
| 4 |
Woodline Partners
San Francisco,
California
|
+$19.7M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Channing Capital Management
Chicago,
Illinois
|
-$46.7M |
| 2 |
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$29.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$23.7M |
| 4 |
JP Morgan Chase
New York
|
-$21.6M |
| 5 |
Millennium Management
New York
|
-$19.3M |
SM Hedge Fund Activity: Q2 2025 in Review
373 of the 7,625 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q2 2025, worth a combined $2.83B — down 18% from $3.48B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of SM and 39 opened new positions — a net loss of 28 holders — while 129 trimmed existing stakes and 170 added.
The largest buyer was BlackRock, adding an estimated $53.1M. The largest seller was Channing Capital Management, exiting entirely with an estimated $46.7M sold.
- 373 institutional investors held SM Energy (SM) as of Q2 2025, down from 405 in Q1 2025.
- Funds reported $2.83B of SM Energy stock for Q2 2025, down 18% quarter-over-quarter.
- 39 funds opened new SM Energy positions in Q2 2025 and 67 closed out, a net change of -28 holders.
- The largest SM Energy buyer in Q2 2025 was BlackRock, an estimated $53.1M added.
- The largest SM Energy seller in Q2 2025 was Channing Capital Management, an estimated $46.7M sold.
Based on aggregated 13F filings for Q2 2025.