SM Energy
498 hedge funds and large institutions have $6.01B invested in SM Energy in 2026 Q2 according to their latest regulatory filings, with 74 funds opening new positions, 203 increasing their positions, 154 reducing their positions, and 81 closing their positions.
155% more call options, than puts
Call options by funds: $110M | Put options by funds: $43M
32% more repeat investments, than reductions
Existing positions increased: 203 | Existing positions reduced: 154
0.66% more ownership
Funds ownership: 95.32% → 95.98% (+0.66%)
9% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 81
3% less funds holding
Funds holding: 514 → 498 (-16)
15% less capital invested
Capital invested by funds: $7.08B → $6.01B (-$1.07B)
31% less funds holding in top 10
Funds holding in top 10: 13 → 9 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$68.5M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$64.8M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$43.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$38.9M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$30M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$63.8M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$54.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$37.1M |
| 4 |
Squarepoint
New York
|
-$25.1M |
| 5 |
State Street
Boston,
Massachusetts
|
-$23.7M |
SM Hedge Fund Activity: Q2 2026 in Review
498 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in SM Energy (SM) for Q2 2026, worth a combined $6.01B — down 15% from $7.08B a quarter earlier.
Sellers outnumbered buyers: 81 funds closed out of SM and 74 opened new positions — a net loss of 7 holders — while 154 trimmed existing stakes and 203 added.
The largest buyer was Fuller & Thaler Asset Management, opening a new position worth an estimated $68.5M. The largest seller was Wellington Management Group, cutting an estimated $63.8M.
- 498 institutional investors held SM Energy (SM) as of Q2 2026, down from 514 in Q1 2026.
- Funds reported $6.01B of SM Energy stock for Q2 2026, down 15% quarter-over-quarter.
- 74 funds opened new SM Energy positions in Q2 2026 and 81 closed out, a net change of -7 holders.
- The largest SM Energy buyer in Q2 2026 was Fuller & Thaler Asset Management, an estimated $68.5M added.
- The largest SM Energy seller in Q2 2026 was Wellington Management Group, an estimated $63.8M sold.
Based on aggregated 13F filings for Q2 2026.