John Hussman's SM Position Overview
John Hussman (via Hussman Strategic Advisors, Inc.) currently holds 105,000 shares of SM Energy Company (SM) worth $2.74 M, representing 0.63% of the portfolio. First purchased in 2021-Q1, this medium-term investment has been held for 19 quarters.
Based on 13F filings, John Hussman has maintained a strategic position in SM, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2026, adding 105,000 shares. Largest reduction occurred in Q4 2023, reducing 68,600 shares.
Analysis based on 13F filings available since 2013 Q2
John Hussman's SM Energy Company (SM) Holding Value Over Time
Track share changes against reported price movement
Quarterly SM Energy Company (SM) Trades by John Hussman
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2026 | +105,000 | New Buy | 105,000 | $26.10 |
| Q2 2025 | -42,000 | Sold Out | 0 | $0.00 |
| Q1 2025 | +21,000 | Add 100.00% | 42,000 | $29.95 |
| Q4 2024 | +21,000 | New Buy | 21,000 | $38.76 |
| Q3 2024 | -21,000 | Sold Out | 0 | $0.00 |
| Q4 2023 | -68,600 | Reduce 76.56% | 21,000 | $38.72 |
| Q1 2023 | +8,000 | Add 9.80% | 89,600 | $28.16 |
| Q1 2022 | -46,400 | Reduce 36.25% | 81,600 | $38.95 |
| Q4 2021 | -66,000 | Reduce 34.02% | 128,000 | $29.48 |
| Q2 2021 | -20,000 | Reduce 9.35% | 194,000 | $24.63 |
| Q1 2021 | +214,000 | New Buy | 214,000 | $16.37 |
John Hussman's SM Energy Company Investment FAQs
John Hussman first purchased SM Energy Company (SM) in Q1 2021, acquiring 214,000 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
John Hussman has held SM Energy Company (SM) for 19 quarters since Q1 2021.
John Hussman's largest addition to SM Energy Company (SM) was in Q1 2021, adding 214,000 shares worth $3.5 M.
According to the latest 13F filing for Q2 2026, John Hussman's firm, Hussman Strategic Advisors, Inc., owns 105,000 shares of SM Energy Company (SM), valued at approximately $2.74 M.
As of the Q2 2026 filing, SM Energy Company (SM) represents approximately 0.63% of John Hussman's publicly disclosed stock portfolio, making it one of their key holdings.
John Hussman's peak holding in SM Energy Company (SM) was 214,000 shares, as reported at the end of Q1 2021.