Sm Energy Co (SM) 13F Ownership Report (Q2 2026)

SM ranks #1186 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

SM is a top-conviction position for Fearnley Asset Management As — at 14.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in SM belongs to BlackRock, Inc., but the position matters far more to Fearnley Asset Management As, who has 14.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Y-Intercept has added to its SM position for two straight quarters, increasing it by $3.0M to reach $3.6M today.

American National Bank & Trust has trimmed its SM position for two straight quarters, cutting it by $13.0K while still holding $32.2K.

SM is down 1.8% today, but institutions show net buying of $504.9M this quarter — a divergence between today's price move and the underlying institutional flow.

SM posted net income of $1.0B over the trailing twelve months, and currently trades at a P/E of 4.3.

• Profitable — net income of $1.0B over the trailing twelve months
• Revenue grew 75.4% year over year
• Net income improved year over year, from $812.5M to $1.0B
• Generated $2.0B in positive operating cash flow
• Current ratio of 0.69x — below the conventional 1.5x liquidity buffer
• Liabilities run x equity — a highly leveraged balance sheet worth noting