SM Energy (SM): Near-Term Drag vs. Long-Term Portfolio Insurance
Blue Tower Asset Management, an investment Management Company, released its second-quarter 2026 investor letter. The letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Bailard Inc Thomas Bailard | 31,800 | $1,074,204 | +165% | 0.02% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $21.32 | 1,000 | $21,320.00 | 488,101 | 2025-05-06 | Filing | |
| $28.72 | 5,000 | $143,600.00 | 82,535 | 2025-03-04 | Filing | |
| $29.67 | 500 | $14,835.00 | 487,101 | 2025-03-03 | Filing | |
| $32.36 | 7,000 | $226,520.00 | 14,666 | 2025-02-26 | Filing | |
| $33.66 | 500 | $16,830.00 | 486,601 | 2025-02-25 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $38.28 | 3,650 | $139,722.00 | 12,525 | 2026-09-10 | Filing | |
| $37.02 | 17,500 | $647,850.00 | 14,705 | 2026-08-21 | Filing | |
| $33.98 | 24,553 | $834,310.94 | 65,964 | 2026-05-21 | Filing | |
| $28.49 | 7,726 | $220,113.74 | 23,668 | 2025-06-17 | Filing | |
| $47.45 | 6,059 | $287,499.55 | 8,355 | 2024-08-26 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 137,815 | $4,655,378 | 0.03% | |
| 2. | 127,000 | $4,290,060 | 0.02% | |
| 3. | 111,034 | $3,750,729 | 0.01% | |
| 4. | 107,602 | $3,634,796 | 0.08% | |
| 5. | 101,300 | $3,421,914 | 0.05% |