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SM in the 13F filings

SM Energy Co · CUSIP 78454L100

Sector · EnergyTheme · Energy and power infrastructure· L3VLUP-definedTheme · Oil and gas
Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
33
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 8 listed it in both
Shares listed
13,641,888
combined, among listed positions
Reported value
$255m
combined, at the quarter end

Among the 92 comparable managers: 17 buyers (opened or added shares) and 21 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -863,039.

Managers listing SM in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

33 of 33 holders

ActionFiling
Millennium Management LLC2,835,718$53munder 0.1%Added+1,906,25517 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC1,783,366$33munder 0.1%Added+756,92117 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.1,412,606$26munder 0.1%Added+993,34617 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP1,394,033$26munder 0.1%Trimmed-403,88717 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC786,885$15munder 0.1%Added+132,13712 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC784,784$15m0.05%Trimmed-96,43817 Feb 2026 (the filing on sec.gov)
Invesco Ltd762,389$14munder 0.1%Trimmed-1,560,67619 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp566,057$11munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC489,073$9.1munder 0.1%Added+245,42217 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC340,000$6.4munder 0.1%Added+52,17517 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC298,476$5.6munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP265,612$5.0munder 0.1%Added+100,74817 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP254,723$4.8munder 0.1%Added+212,67317 Feb 2026 (the filing on sec.gov)
Caxton Associates LLP192,051$3.6m0.07%Added+55,52713 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP168,844$3.2munder 0.1%Added+149,39017 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP146,315$2.7munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP127,557$2.4munder 0.1%Trimmed-15,34817 Feb 2026 (the filing on sec.gov)
Woodline Partners LP126,475$2.4munder 0.1%Trimmed-2,303,04317 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)124,165$2.3munder 0.1%Added+99,47917 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc117,244$2.2munder 0.1%Added+6,52517 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP116,638$2.2munder 0.1%Trimmed-6,21717 Feb 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP77,520$1.4munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
MFS Investment Management76,367$1.4munder 0.1%Trimmed-2,52722 Jan 2026 (the filing on sec.gov)
Winton Group Ltd71,655$1.3munder 0.1%Added+22,22011 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC66,878$1.3munder 0.1%Trimmed-313,28813 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

New (4)

Exited (7)

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
9 in Q3 2024 to 4 in Q2 2026

Tracked managers listing it, at least.

0510152014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
SM by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20138$954mn.a.n.a.
Q3 20139$1.2bnn.a.n.a.
Q4 201310$1.3bnn.a.n.a.
Q1 201411$868mn.a.n.a.
Q2 20149$1.1bnn.a.n.a.
Q3 201410$986mn.a.n.a.
Q4 20149$313mn.a.n.a.
Q1 20159$455mn.a.n.a.
Q2 20159$556mn.a.n.a.
Q3 20156$370mn.a.n.a.
Q4 20156$278mn.a.n.a.
Q1 20166$196mn.a.n.a.
Q2 20166$282mn.a.n.a.
Q3 201613$989mn.a.n.a.
Q4 201611$942mn.a.n.a.
Q1 20179$485mn.a.n.a.
Q2 20174$273mn.a.n.a.
Q3 20175$352mn.a.n.a.
Q4 20175$491mn.a.n.a.
Q1 20186$443mn.a.n.a.
Q2 20185$508mn.a.n.a.
Q3 20187$778mn.a.n.a.
Q4 20184$373mn.a.n.a.
Q1 20199$357mn.a.n.a.
Q2 20194$228mn.a.n.a.
Q3 20196$86mn.a.n.a.
Q4 20194$89mn.a.n.a.
Q1 20202$6.5mn.a.n.a.
Q2 20201$12mn.a.n.a.
Q1 20215$67mn.a.n.a.
Q2 20216$147mn.a.n.a.
Q3 20218$204mn.a.n.a.
Q4 20217$199mn.a.n.a.
Q1 20228$206mn.a.n.a.
Q2 202210$279mn.a.n.a.
Q3 202210$258mn.a.n.a.
Q4 20229$217mn.a.n.a.
Q1 20238$154mn.a.n.a.
Q2 202310$199mn.a.n.a.
Q3 202310$199mn.a.n.a.
Q4 20235$78m33
Q1 20246$194m42
Q2 20249$198m71
Q3 20249$160m46
Q4 20247$72m35
Q1 20256$47m51
Q2 20259$82m90
Q3 20259$160m63
Q4 20257$59m1721
Q1 20265$179m1919
Q2 20264$157m1417

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

SM and GEV →SM and XOM →SM and CVX →Choose a stock to compare with SM →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own SM, latest filings →Back to the 13F Explorer →