SM β€” SM ENERGY CO

Ownership history in TWO SIGMA SECURITIES, LLC  Β·  17 quarters on record

This page tracks every 13F SEC filing in which TWO SIGMA SECURITIES, LLC reported a position in SM ENERGY CO (SM). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.05% (2017 Q1)
πŸ“Š Avg. % of fund
0.01%
πŸ“… First filed
2017 Q1
πŸ“… Last filed
2025 Q3
⏱ Quarters held
17

Position Intelligence

TWO SIGMA SECURITIES, LLC Γ— SM AI Analytics

πŸ“‰ TWO SIGMA SECURITIES, LLC underperformed the S&P 500 by –34.2% annually on this SM position. Timing score: 56% (9/16 decisions correct). Average cost basis: $19.98. Maximum drawdown during holding period: –95.2%.

πŸ“ˆ Position Alpha vs SPY
-34.2%
annualised excess return

❌ Significantly underperformed the S&P 500 by 34.2% ann.
5 quarters analyzed

⏱️ Timing Score
56%

βœ… Decent timing β€” more right than wrong on entries and exits.
9 of 16 add/trim decisions correct

πŸ’° Entry Quality
$19.98
+21.5% vs current ($24.27)

Best entry: $8.70 (2019 Q3)  Β·  Worst: $36.95 (2023 Q3)

πŸ›‘οΈ Drawdown Resilience
–95.2%
max drawdown while held

πŸ’ͺ Held through 4 major drawdowns (>20%). Diamond-hands conviction.

πŸ’ͺ Fund Conviction
53%
buy-side decisions

9 adds Β· 8 trims. Bought during 4 of 7 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.03% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    SM price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 REDUCED 8,630 -948 -9.9% 0.03% $215K $24.27
2024 Q4 ADDED 9,578 +4,278 +80.7% 0.05% $371K $36.88
2024 Q1 REDUCED 5,300 -1,800 -25.4% 0.00% $264K $46.86
2023 Q3 ADDED 7,100 +1,447 +25.6% 0.00% $282K $36.95
2023 Q3 REDUCED 5,653 -3,247 -36.5% 0.00% $224K $36.95
2023 Q1 ADDED 8,900 +61 +0.7% 0.01% $251K $26.00
2022 Q4 ADDED 8,839 +2,639 +42.6% 0.01% $308K $32.01
2022 Q3 REDUCED 6,200 -4,400 -41.5% 0.01% $233K $34.45
2022 Q2 ADDED 10,600 +3,575 +50.9% 0.01% $362K $31.31
2022 Q2 REDUCED 7,025 -5,119 -42.2% 0.01% $240K $31.31
7 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history

🏒 Other funds also holding SM

As of 2025 Q4 β€” sorted by position size

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