Who owns SM Energy (SM)
Which tracked institutional funds hold SM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SM company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
73 tracked funds added or opened SM while 189 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
SM’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes SM more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in SM divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 463 tracked filers holding SM, 261 increased or opened the position and 257 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in SM between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 25
- FULLER & THALER ASSET MANAGEMENT, INC.$60M
- Bridgewater Associates, LP$7M
- Trexquant Investment LP$6M
- Turtle Creek Wealth Advisors, LLC$5M
- SIR Capital Management, L.P.$5M
- Jupiter Topco LLC$3M
Full exits 58
- Lighthouse Investment Partners, LLC$23M
- Corigliano Investment Advisers, LLC$17M
- Zimmer Partners, LP$17M
- CLG LLC$15M
- Baird Financial Group, Inc.$12M
- CSM Advisors, LLC$8M
Largest adds
- JPMORGAN CHASE & CO$92M
- Qube Research & Technologies Ltd$36M
- Invesco Ltd.$36M
- Boston Partners$23M
- BALYASNY ASSET MANAGEMENT L.P.$21M
- Encompass Capital Advisors LLC$16M
Largest trims
- DIMENSIONAL FUND ADVISORS LP$98M
- STATE STREET CORP$84M
- CANADA PENSION PLAN INVESTMENT BOARD$74M
- VANGUARD PORTFOLIO MANAGEMENT LLC$72M
- WELLINGTON MANAGEMENT GROUP LLP$69M
- VANGUARD CAPITAL MANAGEMENT LLC$50M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 39,280,818 | $1.0B | 18.1% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 15,425,423 | $403M | 7.1% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD | 14,493,791 | $378M | 6.7% | 2026-Q2 |
| ARISTEIA CAPITAL, L.L.C. added | 13,000,649 | $339M | 6.0% | 2026-Q2 |
| STATE STREET CORP trimmed | 11,705,860 | $306M | 5.4% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 10,657,355 | $278M | 4.9% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 8,935,683 | $233M | 4.1% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 8,174,503 | $213M | 3.8% | 2026-Q2 |
| DONALD SMITH & CO., INC. added | 7,647,594 | $200M | 3.5% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 6,269,841 | $164M | 2.9% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 4,493,473 | $117M | 2.1% | 2026-Q2 |
| FMR LLC trimmed | 3,798,218 | $99M | 1.8% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 3,674,134 | $96M | 1.7% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 3,534,729 | $93M | 1.6% | 2026-Q2 |
| MORGAN STANLEY trimmed | 2,943,691 | $77M | 1.4% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 2,893,103 | $76M | 1.3% | 2026-Q2 |
| NORTHERN TRUST CORP added | 2,786,773 | $73M | 1.3% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 2,716,076 | $71M | 1.3% | 2026-Q2 |
| Invesco Ltd. added | 2,431,521 | $63M | 1.1% | 2026-Q2 |
| Nuveen, LLC trimmed | 2,320,316 | $61M | 1.1% | 2026-Q2 |
| FULLER & THALER ASSET MANAGEMENT, INC. new | 2,280,261 | $60M | 1.1% | 2026-Q2 |
| Webs Creek Capital Management LP added | 2,040,529 | $53M | 0.9% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 1,917,196 | $50M | 0.9% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 1,691,744 | $44M | 0.8% | 2026-Q2 |
| Bank of New York Mellon Corp added | 1,657,438 | $43M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 1,533,618 | $40M | 0.7% | 2026-Q2 |
| FEARNLEY ASSET MANAGEMENT AS added | 1,496,537 | $39M | 0.7% | 2026-Q2 |
| Encompass Capital Advisors LLC added | 1,448,061 | $38M | 0.7% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,310,244 | $34M | 0.6% | 2026-Q2 |
| Gotham Asset Management, LLC trimmed | 1,186,853 | $31M | 0.5% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 1,101,837 | $29M | 0.5% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 1,095,487 | $29M | 0.5% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL added | 1,085,503 | $28M | 0.5% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 1,000,121 | $26M | 0.5% | 2026-Q2 |
| Fisher Asset Management, LLC added | 986,852 | $26M | 0.5% | 2026-Q2 |
| Boston Partners added | 937,303 | $25M | 0.4% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 918,135 | $24M | 0.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 900,635 | $24M | 0.4% | 2026-Q2 |
| UBS Group AG trimmed | 844,527 | $22M | 0.4% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 839,539 | $22M | 0.4% | 2026-Q2 |
| Public Sector Pension Investment Board trimmed | 782,474 | $20M | 0.4% | 2026-Q2 |
| AEGIS FINANCIAL CORP added | 778,851 | $20M | 0.4% | 2026-Q2 |
| KENNEDY CAPITAL MANAGEMENT LLC trimmed | 681,877 | $18M | 0.3% | 2026-Q2 |
| CAPITAL FUND MANAGEMENT S.A. added | 666,413 | $17M | 0.3% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 662,766 | $17M | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 655,372 | $17M | 0.3% | 2026-Q2 |
| Sagefield Capital LP added | 652,363 | $17M | 0.3% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 625,424 | $16M | 0.3% | 2026-Q2 |
| Grantham, Mayo, Van Otterloo & Co. LLC trimmed | 595,401 | $16M | 0.3% | 2026-Q2 |
| GLENMEDE TRUST CO NA trimmed | 588,284 | $15M | 0.3% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 568,301 | $15M | 0.3% | 2026-Q2 |
| Creative Planning added | 551,499 | $14M | 0.3% | 2026-Q2 |
| Susquehanna Portfolio Strategies, LLC added | 536,124 | $14M | 0.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 524,963 | $14M | 0.2% | 2026-Q2 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added | 517,794 | $14M | 0.2% | 2026-Q2 |
| Goehring & Rozencwajg Associates, LLC added | 513,406 | $13M | 0.2% | 2026-Q2 |
| Legal & General Group Plc added | 501,543 | $13M | 0.2% | 2026-Q2 |
| WHITEBOX ADVISORS LLC trimmed | 496,601 | $13M | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 492,195 | $13M | 0.2% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 489,260 | $13M | 0.2% | 2026-Q2 |
| MARSHALL WACE, LLP added | 485,069 | $13M | 0.2% | 2026-Q2 |
| Pekin Hardy Strauss, Inc. added | 485,033 | $13M | 0.2% | 2026-Q2 |
| Swiss National Bank added | 481,133 | $13M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 435,571 | $11M | 0.2% | 2026-Q2 |
| PALISADE CAPITAL MANAGEMENT, LP trimmed | 422,097 | $11M | 0.2% | 2026-Q2 |
| Leeward Investments, LLC - MA trimmed | 416,483 | $11M | 0.2% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 414,738 | $11M | 0.2% | 2026-Q2 |
| PANAGORA ASSET MANAGEMENT INC trimmed | 404,968 | $11M | 0.2% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 395,842 | $10M | 0.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 393,796 | $10M | 0.2% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 370,000 | $10M | 0.2% | 2026-Q2 |
| ROYCE & ASSOCIATES LP trimmed | 347,944 | $9M | 0.2% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 325,443 | $8M | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 322,876 | $8M | 0.1% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 303,983 | $8M | 0.1% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC trimmed | 290,513 | $8M | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 290,029 | $8M | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 287,281 | $9M | 0.2% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 278,055 | $7M | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 276,095 | $7M | 0.1% | 2026-Q2 |
| Jump Financial, LLC added | 265,046 | $7M | 0.1% | 2026-Q2 |
| Bridgewater Associates, LP added | 265,019 | $7M | 0.1% | 2026-Q2 |
| Trexquant Investment LP added | 243,748 | $6M | 0.1% | 2026-Q2 |
| Truffle Hound Capital, LLC | 240,000 | $6M | 0.1% | 2026-Q2 |
| Alyeska Investment Group, L.P. trimmed | 230,718 | $6M | 0.1% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 226,282 | $6M | 0.1% | 2026-Q2 |
| PLUSTICK MANAGEMENT LLC added | 225,000 | $6M | 0.1% | 2026-Q2 |
| READYSTATE ASSET MANAGEMENT LP added | 222,880 | $6M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 207,187 | $5M | 0.1% | 2026-Q2 |
| Horizon Investments, LLC added | 204,478 | $5M | 0.1% | 2026-Q2 |
| SEGALL BRYANT & HAMILL, LLC trimmed | 202,806 | $5M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 201,257 | $5M | 0.1% | 2026-Q2 |
| Turtle Creek Wealth Advisors, LLC new | 190,959 | $5M | 0.1% | 2026-Q2 |
| SIR Capital Management, L.P. added | 182,900 | $5M | 0.1% | 2026-Q2 |
| Quantbot Technologies LP added | 178,800 | $5M | 0.1% | 2026-Q2 |
| Corient Private Wealth LP added | 175,335 | $5M | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 169,030 | $4M | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 165,890 | $4M | 0.1% | 2026-Q2 |
| Moody Aldrich Partners LLC trimmed | 159,611 | $4M | 0.1% | 2026-Q2 |
| CoreCommodity Management, LLC trimmed | 152,802 | $4M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.