Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in SM held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 39.3M | $1.03B | +2.2% | 16.384% | 0.02% |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 15.4M | $402.6M | +1.3% | 6.434% | 0.02% |
| 3 | CANADA PENSION PLAN INVESTMENT BOARD | 14.5M | $378.3M | 0.0% | 6.045% | 0.21% |
| 4 | ARISTEIA CAPITAL, L.L.C. | 13.0M | $339.3M | +19.9% | 5.423% | 4.41% |
| 5 | STATE STREET CORP | 11.7M | $305.5M | -6.3% | 4.883% | 0.00% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 10.7M | $278.2M | +1.1% | 4.445% | 0.01% |
| 7 | AMERICAN CENTURY COMPANIES INC | 8.9M | $233.2M | +0.1% | 3.727% | 0.10% |
| 8 | DIMENSIONAL FUND ADVISORS LP | 8.2M | $213.4M | -18.2% | 3.410% | 0.04% |
| 9 | DONALD SMITH & CO., INC. | 7.6M | $199.6M | +6.1% | 3.190% | 3.53% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 6.3M | $163.7M | +10.0% | 2.615% | 0.01% |
| 11 | MILLENNIUM MANAGEMENT LLC | 4.5M | $117.3M | -10.7% | 1.874% | 0.04% |
| 12 | FMR LLC | 3.8M | $99.1M | -5.5% | 1.584% | 0.00% |
| 13 | MACKENZIE FINANCIAL CORP | 3.7M | $95.9M | +37.3% | 1.532% | 0.10% |
| 14 | JPMORGAN CHASE & CO | 3.5M | $92.7M | -12.8% | 1.474% | 0.01% |
| 15 | MORGAN STANLEY | 2.9M | $76.8M | -16.2% | 1.228% | 0.00% |
| 16 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 2.9M | $75.5M | -0.2% | 1.207% | 0.01% |
| 17 | NORTHERN TRUST CORP | 2.8M | $72.7M | +5.0% | 1.162% | 0.01% |
| 18 | NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 2.7M | $70.9M | -7.7% | 1.133% | 0.11% |
| 19 | Invesco Ltd. | 2.4M | $63.5M | +113.9% | 1.014% | 0.01% |
| 20 | Nuveen, LLC | 2.3M | $60.6M | -1.7% | 0.968% | 0.01% |
| 21 | FULLER & THALER ASSET MANAGEMENT, INC. | 2.3M | $59.5M | — | 0.951% | 0.16% |
| 22 | Webs Creek Capital Management LP | 2.0M | $53.3M | +58.8% | 0.851% | 10.09% |
| 23 | GOLDMAN SACHS GROUP INC | 1.9M | $50.0M | -20.4% | 0.800% | 0.00% |
| 24 | Qube Research & Technologies Ltd | 1.7M | $44.2M | +560.0% | 0.706% | 0.04% |
| 25 | Bank of New York Mellon Corp | 1.7M | $43.3M | +16.9% | 0.691% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in SM — a direct measure of their conviction.
Filings activity in SM during Q2 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 494 | 3.7% | 97.63% | +2.16 pp | $6.04B | 15% |
| Q1 2026 | 513 | +51% | 95.47% | +48.10 pp | $7.13B | +242% |
| Q4 2025 | 340 | 9.8% | 47.37% | 2.55 pp | $2.09B | 29% |
| Q3 2025 | 377 | +4.1% | 49.92% | +2.67 pp | $2.94B | +7.2% |
| Q2 2025 | 362 | 7.2% | 47.25% | +0.06 pp | $2.75B | 17% |
| Q1 2025 | 390 | 5.8% | 47.19% | 0.49 pp | $3.30B | 28% |
| Q4 2024 | 414 | +2.2% | 47.68% | 0.78 pp | $4.59B | +1.2% |
| Q3 2024 | 405 | — | 48.46% | — | $4.54B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying SM stock.
Based on Q2 2026 13F filings, institutional ownership of SM Energy Company stands at 97.6%, held across 494 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of SM, with approximately 39,280,818 shares worth $1.03B as of Q2 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of SM, including MILLENNIUM MANAGEMENT LLC.
Our composite Smart Money Score for SM is 53 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
66 institutions opened new positions in SM during Q2 2026, while 83 fully exited. 94 added to existing positions and 321 trimmed.
SM institutional ownership rose by 2.16 percentage points quarter-over-quarter, with a net change of -19 holders.
The top 10 institutions account for 58.6% of all reported 13F value in SM, and the top 25 account for 76.4%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
SM Energy Company (SM) Institutional Ownership