SM Energy
514 hedge funds and large institutions have $7.08B invested in SM Energy in 2026 Q1 according to their latest regulatory filings, with 227 funds opening new positions, 213 increasing their positions, 56 reducing their positions, and 51 closing their positions.
1,200% more funds holding in top 10
Funds holding in top 10: 1 → 13 (+12)
345% more first-time investments, than exits
New positions opened: 227 | Existing positions closed: 51
280% more repeat investments, than reductions
Existing positions increased: 213 | Existing positions reduced: 56
236% more capital invested
Capital invested by funds: $2.11B → $7.08B (+$4.98B)
49% more funds holding
Funds holding: 344 → 514 (+170)
44% more call options, than puts
Call options by funds: $89.7M | Put options by funds: $62.4M
2.96% less ownership
Funds ownership: 98.27% → 95.32% (-3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$399M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$317M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$239M |
| 4 |
DSC
Donald Smith & Co
New York
|
+$164M |
| 5 |
State Street
Boston,
Massachusetts
|
+$142M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$39.8M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$39.4M |
| 3 |
D.E. Shaw & Co
New York
|
-$32.2M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$31.8M |
| 5 |
AG
Algert Global
San Francisco,
California
|
-$22.8M |
SM Hedge Fund Activity: Q1 2026 in Review
514 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q1 2026, worth a combined $7.08B — up 236% from $2.11B a quarter earlier.
Buyers outnumbered sellers: 227 funds opened new SM positions and 51 closed out — a net gain of 176 holders — while 213 added to existing stakes and 56 trimmed.
The largest buyer was BlackRock, adding an estimated $399M. The largest seller was Balyasny Asset Management, cutting an estimated $39.8M.
- 514 institutional investors held SM Energy (SM) as of Q1 2026, up from 344 in Q4 2025.
- Funds reported $7.08B of SM Energy stock for Q1 2026, up 236% quarter-over-quarter.
- 227 funds opened new SM Energy positions in Q1 2026 and 51 closed out, a net change of +176 holders.
- The largest SM Energy buyer in Q1 2026 was BlackRock, an estimated $399M added.
- The largest SM Energy seller in Q1 2026 was Balyasny Asset Management, an estimated $39.8M sold.
Based on aggregated 13F filings for Q1 2026.