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SM Energy Co

SM
Exchange
NYSE
Industry
Crude Petroleum & Natural Gas
SEC CIK
0000893538

In the last 90 days, SM Energy Co insiders filed 0 open-market purchases and 2 sales; 498 institutions reported holding it in 13F filings for Q2 2026, worth $6.01B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in SM Energy Co as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
345
−30 vs. Q3 2025
Shares held
112.6M
−4.00M (−3.4%) vs. Q3 2025
Total value
$2.11B
−$804.1M (−27.6%) vs. Q3 2025
New holders
66
116 more added
Sold out
96
130 more reduced

8 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SM on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 345 institutions
Q1 2021: 184 institutionsQ2 2021: 226 institutionsQ3 2021: 238 institutionsQ4 2021: 262 institutionsQ1 2022: 302 institutionsQ2 2022: 310 institutionsQ3 2022: 310 institutionsQ4 2022: 342 institutionsQ1 2023: 296 institutionsQ2 2023: 309 institutionsQ3 2023: 373 institutionsQ4 2023: 370 institutionsQ1 2024: 390 institutionsQ2 2024: 422 institutionsQ3 2024: 420 institutionsQ4 2024: 426 institutionsQ1 2025: 404 institutionsQ2 2025: 372 institutionsQ3 2025: 383 institutionsQ4 2025: 345 institutionsQ1 2026: 514 institutionsQ2 2026: 498 institutions
Value heldQ4 2025: $2.11B
Q1 2021: $1.62BQ2 2021: $2.53BQ3 2021: $2.74BQ4 2021: $3.05BQ1 2022: $4.08BQ2 2022: $3.71BQ3 2022: $4.13BQ4 2022: $3.90BQ1 2023: $3.04BQ2 2023: $3.44BQ3 2023: $4.21BQ4 2023: $4.25BQ1 2024: $5.71BQ2 2024: $4.92BQ3 2024: $4.66BQ4 2024: $4.47BQ1 2025: $3.48BQ2 2025: $2.83BQ3 2025: $2.93BQ4 2025: $2.11BQ1 2026: $7.08BQ2 2026: $6.01B
Institutions holding SM and their total value by quarter
QuarterHoldersValue
Q2 2026498$6.01B
Q1 2026514$7.08B
Q4 2025345$2.11B
Q3 2025383$2.93B
Q2 2025372$2.83B
Q1 2025404$3.48B
Q4 2024426$4.47B
Q3 2024420$4.66B
Q2 2024422$4.92B
Q1 2024390$5.71B
Q4 2023370$4.25B
Q3 2023373$4.21B
Q2 2023309$3.44B
Q1 2023296$3.04B
Q4 2022342$3.90B
Q3 2022310$4.13B
Q2 2022310$3.71B
Q1 2022302$4.08B
Q4 2021262$3.05B
Q3 2021238$2.74B
Q2 2021226$2.53B
Q1 2021184$1.62B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding SM Energy Co; share changes are against Q3 2025.

Institutions holding SM in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.20,930,881$391.4M0.01%+555,513+2.7%Added
Vanguard Group Inc13,520,158$252.8M0.00%−337,049−2.4%Reduced
State Street Corp6,257,360$118.3M0.00%+107,295+1.7%Added
Dimensional Fund Advisors LP5,568,602$104.1M0.02%−353,167−6.0%Reduced
American Century Companies Inc4,737,327$88.6M0.04%+151,703+3.3%Added
JPMorgan Chase & Co3,063,740$57.3M0.00%−363,186−10.6%Reduced
Nomura Asset Management International Inc.2,897,927$54.2M0.08%+2,897,927New
Millennium Management LLC2,835,718$53.0M0.04%+1,906,255+205.1%Added
Geode Capital Management, LLC2,721,147$50.9M0.00%+56,187+2.1%Added
Alyeska Investment Group, L.P.2,271,757$42.5M0.12%+1,654,891+268.3%Added
Balyasny Asset Management LLC1,783,366$33.3M0.06%+756,921+73.7%Added
Morgan Stanley1,706,953$31.9M0.00%+400,089+30.6%Added
Bank of America Corp1,420,743$26.6M0.00%−335,753−19.1%Reduced
D. E. Shaw & Co., Inc.1,412,606$26.4M0.02%+993,346+236.9%Added
Point72 Asset Management, L.P.1,394,033$26.1M0.04%−403,887−22.5%Reduced
Charles Schwab Investment Management Inc1,374,143$25.7M0.00%+19,878+1.5%Added
Northern Trust Corp1,228,309$23.0M0.00%−75,997−5.8%Reduced
Algert Global LLC1,209,597$22.6M0.35%+994,661+462.8%Added
Sagefield Capital LP1,084,205$20.3M1.72%+1,084,205New
Palisade Capital Management LLC988,641$18.5M0.55%−171,200−14.8%Reduced
Fisher Asset Management, LLC944,067$17.7M0.01%+47,735+5.3%Added
Goldman Sachs Group Inc890,591$16.7M0.00%−478,714−35.0%Reduced
Fearnley Asset Management AS875,900$16.4M7.52%+875,900New
Nuveen, LLC833,167$15.6M0.00%−18,543−2.2%Reduced
Victory Capital Management Inc816,893$15.3M0.01%+210,077+34.6%Added
Jane Street Group, LLC786,885$14.7M0.02%+132,137+20.2%Added
Voloridge Investment Management, LLC784,784$14.7M0.05%−96,438−10.9%Reduced
Invesco Ltd.762,389$14.3M0.00%−1,560,676−67.2%Reduced
First Trust Advisors LP746,716$14.0M0.01%−202,682−21.3%Reduced
Bank of New York Mellon Corp725,234$13.6M0.00%−318,740−30.5%Reduced
UBS Group AG666,070$12.5M0.00%+124,448+23.0%Added
Wedge Capital Management L L P617,859$11.6M0.21%+87,834+16.6%Added
Canada Pension Plan Investment Board604,900$11.3M0.01%+437,800+262.0%Added
Tudor Investment Corp Et Al566,057$10.6M0.06%+566,057New
Hotchkis & Wiley Capital Management LLC564,730$10.6M0.03%+78,550+16.2%Added
Thomist Capital Management, LP552,905$10.4M2.83%+552,905New
Principal Financial Group Inc545,954$10.2M0.01%−9,069−1.6%Reduced
Ameriprise Financial Inc542,523$10.1M0.00%+334+0.1%Added
New York State Common Retirement Fund525,860$9.83M0.01%+10,900+2.1%Added
Panagora Asset Management Inc500,591$9.36M0.03%+30,564+6.5%Added
AQR Capital Management LLC489,073$9.15M0.00%+245,422+100.7%Added
Corigliano Investment Advisers, LLC462,800$8.65M3.07%+462,800New
Glenmede Trust Co NA449,851$8.41M0.04%+449,851New
SummitTX Capital, L.P.448,562$8.39M0.25%+448,562New
LSV Asset Management415,900$7.78M0.02%−28,400−6.4%Reduced
Envestnet Asset Management Inc399,304$7.47M0.00%−193,636−32.7%Reduced
Royce & Associates LP399,006$7.46M0.08%+42,398+11.9%Added
Pekin Hardy Strauss, Inc.397,039$7.42M0.69%+77,638+24.3%Added
Public Sector Pension Investment Board396,514$7.41M0.02%−51,922−11.6%Reduced
Kennedy Capital Management, Inc.386,165$7.22M0.15%−187,942−32.7%Reduced
Lighthouse Investment Partners, LLC382,502$7.15M0.24%+197,509+106.8%Added
Rhumbline Advisers377,853$7.07M0.01%−11,454−2.9%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH362,741$6.80M0.01%+107,975+42.4%Added
Aristeia Capital LLC354,788$6.63M0.19%+342,566+2,802.9%Added
Citadel Advisors LLC340,000$6.36M0.00%+52,175+18.1%Added
Baird Financial Group, Inc.305,063$5.70M0.01%−78,682−20.5%Reduced
Denali Advisors LLC300,000$5.61M0.62%+54,428+22.2%Added
Walleye Capital LLC298,476$5.58M0.03%+298,476New
Barclays PLC289,198$5.41M0.00%+4,582+1.6%Added
SEI Investments Co287,938$5.38M0.01%−305,918−51.5%Reduced
Legal & General Group Plc283,917$5.31M0.00%−30,355−9.7%Reduced
Connor, Clark & Lunn Investment Management Ltd.277,027$5.18M0.01%+166,737+151.2%Added
Two Sigma Investments, LP265,612$4.97M0.01%+100,748+61.1%Added
Y-Intercept (Hong Kong) Ltd257,056$4.81M0.11%+186,235+263.0%Added
Susquehanna International Group, LLP254,723$4.76M0.01%+212,673+505.8%Added
Capital Fund Management S.A.253,069$4.73M0.04%+33,235+15.1%Added
Russell Investments Group, Ltd.250,409$4.68M0.01%+24,321+10.8%Added
Standard Life Aberdeen plc242,523$4.54M0.01%−340,129−58.4%Reduced
Swiss National Bank226,700$4.24M0.00%+4,900+2.2%Added
Engineers Gate Manager LP222,358$4.16M0.05%+147,685+197.8%Added
CSM Advisors, LLC220,504$4.12M0.11%+11,010+5.3%Added
Wells Fargo & Company212,840$3.98M0.00%−66,585−23.8%Reduced
California Public Employees Retirement System204,526$3.82M0.00%−337−0.2%Reduced
HSBC Holdings PLC202,977$3.79M0.00%+120,443+145.9%Added
Caxton Associates LLP192,051$3.59M0.07%+55,527+40.7%Added
Freestone Grove Partners LP168,844$3.16M0.02%+149,390+767.9%Added
Raymond James Financial Inc168,152$3.14M0.00%−312,765−65.0%Reduced
Creative Planning167,010$3.12M0.00%+48,334+40.7%Added
HITE Hedge Asset Management LLC166,923$3.12M0.20%−600−0.4%Reduced
Rafferty Asset Management, LLC166,554$3.11M0.01%+6,744+4.2%Added
CacheTech Inc.156,553$2.93M0.54%+52,877+51.0%Added
Peregrine Capital Management LLC155,322$2.90M0.09%−7,706−4.7%Reduced
SG Americas Securities, LLC150,329$2.81M0.00%+110,735+279.7%Added
New York State Teachers Retirement System149,037$2.79M0.01%−831−0.6%Reduced
Wellington Management Group LLP146,315$2.74M0.00%+146,315New
Intech Investment Management LLC142,051$2.66M0.02%+88,952+167.5%Added
Segall Bryant & Hamill, LLC141,439$2.64M0.04%−370−0.3%Reduced
Prudential Financial Inc140,872$2.63M0.00%−154,699−52.3%Reduced
UBS Asset Management Americas Inc136,774$2.56M0.00%−10,758−7.3%Reduced
Adams Wealth Management135,534$2.53M0.54%+40,455+42.5%Added
Moody Aldrich Partners LLC132,709$2.48M0.46%−14,435−9.8%Reduced
Evoke Wealth, LLC130,844$2.47M0.05%−2,536−1.9%Reduced
Boston Partners129,305$2.42M0.00%+21,485+19.9%Added
Alliancebernstein L.P.127,557$2.39M0.00%−15,348−10.7%Reduced
Woodline Partners LP126,475$2.37M0.01%−2,303,043−94.8%Reduced
Empowered Funds, LLC125,993$2.36M0.04%+85,674+212.5%Added
FMR LLC124,165$2.32M0.00%+99,479+403.0%Added
Thrivent Financial for Lutherans119,093$2.23M0.00%+28,472+31.4%Added
CoreCommodity Management, LLC117,556$2.20M0.46%−6,706−5.4%Reduced
Price T Rowe Associates Inc117,244$2.19M0.00%+6,525+5.9%Added