Vault-13

SOUTHWESTERN ENERGY CO SWN

COM · Common Stock · CUSIP 845467109 · ISIN US8454671095

465 institutional holders +23 vs Q2 2023
968,749,365968.7m shares reported held*
$6.3bnreported value*
69 new 136 added 154 reduced 51 sold out net bought ≈ $31.4m (+1.2m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.47. Options: 21 managers hold calls ($63.2m notional), 16 hold puts ($52.5m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 471Q4 22: 462Q1 23: 451Q2 23: 442Q3 23: 465465Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022471
Q4 2022462
Q1 2023451
Q2 2023442
Q3 2023465

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 226 bought or addedQ4 22: 200 cut or sold outQ4 22Q1 23: 201 bought or addedQ1 23: 236 cut or sold outQ1 23Q2 23: 190 bought or addedQ2 23: 211 cut or sold outQ2 23Q3 23: 205 bought or addedQ3 23: 205 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022226200
Q1 2023201236
Q2 2023190211
Q3 2023205205

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60m$80mQ4 22 calls: $61.1mQ4 22 puts: $70.0mQ4 22P/C 1.15Q1 23 calls: $57.0mQ1 23 puts: $50.3mQ1 23P/C 0.88Q2 23 calls: $64.1mQ2 23 puts: $47.2mQ2 23P/C 0.74Q3 23 calls: $63.2mQ3 23 puts: $52.5mQ3 23P/C 0.83
Numbers
QuarterCallsPutsP/C
Q4 2022$61.1m$70.0m1.15
Q1 2023$57.0m$50.3m0.88
Q2 2023$64.1m$47.2m0.74
Q3 2023$63.2m$52.5m0.83

Biggest buyers

T. Rowe Price Investment Management, Inc. Added +23,380,723+23.4m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +15,963,428+16.0m
FMR LLC Added +9,709,483+9.7m
Encompass Capital Advisors LLC New +6,884,000+6.9m
DIMENSIONAL FUND ADVISORS LP Added +6,575,350+6.6m
CITADEL ADVISORS LLC Added +5,050,647+5.1m
Squarepoint Ops LLC Added +4,213,986+4.2m
Man Group plc New +3,631,535+3.6m
SIR Capital Management, L.P. Added +3,245,000+3.2m
GOLDMAN SACHS GROUP INC Added +3,064,716+3.1m

Biggest sellers

PRICE T ROWE ASSOCIATES INC /MD/ Reduced -22,336,389-22.3m
Point72 Asset Management, L.P. Sold out -9,271,467-9.3m
RENAISSANCE TECHNOLOGIES LLC Reduced -9,161,402-9.2m
Rokos Capital Management LLP Sold out -9,105,860-9.1m
Bank of New York Mellon Corp Reduced -6,821,571-6.8m
MARSHALL WACE, LLP Reduced -6,209,869-6.2m
MILLENNIUM MANAGEMENT LLC Reduced -4,772,068-4.8m
Aventail Capital Group, LP Reduced -3,771,791-3.8m
Balyasny Asset Management L.P. Reduced -3,078,938-3.1m
Man Group plc Sold out -2,397,891-2.4m

Biggest calls

CITADEL ADVISORS LLC Added $13.8m2.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $9.7m1.5m shares
Point72 Asset Management, L.P. Added $6.6m1.0m shares
JANE STREET GROUP, LLC Added $6.5m1.0m shares
Walleye Trading LLC Added $4.2m655.9k shares
BANK OF AMERICA CORP /DE/ Reduced $4.0m621.9k shares
GROUP ONE TRADING LLC Reduced $3.8m589.0k shares
Walleye Capital LLC Reduced $3.8m587.9k shares
Parallax Volatility Advisers, L.P. Unchanged $3.2m500.4k shares
SIMPLEX TRADING, LLC Added $1.8m282.3k shares

Biggest puts

JANE STREET GROUP, LLC Added $22.0m3.4m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $15.8m2.5m shares
CITADEL ADVISORS LLC Added $5.9m911.6k shares
Parallax Volatility Advisers, L.P. Unchanged $3.2m500.3k shares
Walleye Capital LLC Added $1.4m220.5k shares
GROUP ONE TRADING LLC Reduced $961.7k149.1k shares
WOLVERINE TRADING, LLC Added $737.2k114.3k shares
Walleye Trading LLC Added $732.7k113.6k shares
SIMPLEX TRADING, LLC Added $616.0k95.6k shares
IMC-Chicago, LLC Added $488.9k75.8k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 110,959,897111.0m $715.7m $715.7m 0.02% Added +248.2k +248,227
2 BlackRock Inc. 0.02% of their portfolio New York, NY 97,530,71797.5m $629.1m $629.1m 0.02% Added +555.1k +555,084
3 STATE STREET CORP 0.02% of their portfolio BOSTON, MA 42,488,93542.5m $274.1m $274.1m 0.02% Reduced -252.7k -252,703
4 FMR LLC 0.02% of their portfolio BOSTON, MA 39,784,99039.8m $256.6m $256.6m 0.02% Added +9.7m +9,709,483
5 PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio BALTIMORE, MD 34,326,69734.3m $221.4m $221.4m 0.03% Reduced -22.3m -22,336,389
6 T. Rowe Price Investment Management, Inc. 0.15% of their portfolio BALTIMORE, MD 33,051,50133.1m $213.2m $213.2m 0.15% Added +23.4m +23,380,723
7 DISCIPLINED GROWTH INVESTORS INC /MN 4.51% of their portfolio MINNEAPOLIS, MN 29,416,20529.4m $189.7m $189.7m 4.51% Added +258.5k +258,491
8 D. E. Shaw & Co., Inc. 0.31% of their portfolio New York, NY 28,723,86228.7m $185.3m $185.3m 0.31% Reduced -747.8k -747,761
9 DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio AUSTIN, TX 27,408,09527.4m $176.8m $176.8m 0.06% Added +6.6m +6,575,350
10 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 22,735,47522.7m $146.6m $146.6m 0.04% Added +2.7m +2,744,656
11 ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio NASHVILLE, TN 21,584,73821.6m $139.2m $139.2m 0.06% Added +1.9m +1,935,127
12 Kopernik Global Investors, LLC 15.63% of their portfolio TAMPA, FL 20,864,37020.9m $134.6m $134.6m 15.63% Reduced -2.1m -2,061,882
13 RENAISSANCE TECHNOLOGIES LLC 0.21% of their portfolio NEW YORK, NY 19,282,52519.3m $124.4m $124.4m 0.21% Reduced -9.2m -9,161,402
14 NEUBERGER BERMAN GROUP LLC 0.11% of their portfolio NEW YORK, NY 18,528,07518.5m $119.5m $119.5m 0.11% Reduced -71.4k -71,410
15 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.13% of their portfolio BOSTON, MA 17,240,76717.2m $111.2m $111.2m 0.13% Added +16.0m +15,963,428
16 Ridgemont Partners Management, LLC 100.00% of their portfolio Charlotte, NC 17,211,00417.2m $111.0m $111.0m 100.00% Unchanged
17 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 16,616,99916.6m $107.2m $107.2m 0.01% Added +399.6k +399,638
18 Allspring Global Investments Holdings, LLC 0.17% of their portfolio CHARLOTTE, NC 14,751,42814.8m $95.1m $95.1m 0.17% Reduced -189.9k -189,919
19 EnCap Energy Capital Fund IX, L.P. 33.31% of their portfolio Houston, TX 13,764,50413.8m $88.8m $88.8m 33.31% Unchanged
20 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 13,173,02113.2m $85.0m $85.0m 0.01% Added +1.2m +1,159,850
21 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 12,554,35812.6m $81.0m $81.0m 0.02% Reduced -6.8m -6,821,571
22 MACQUARIE GROUP LTD 0.10% of their portfolio Sydney, NSW 2000, C3 12,277,30912.3m $79.2m $79.2m 0.10% Reduced -2.4m -2,385,609
23 Pacer Advisors, Inc. 0.29% of their portfolio Malvern, PA 11,899,48211.9m $76.8m $76.8m 0.29% Reduced -1.3m -1,272,412
24 Yorktown Energy Partners X, L.P. 49.83% of their portfolio New York, NY 10,332,19210.3m $66.6m $66.6m 49.83% Unchanged
25 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 10,241,07010.2m $66.1m $66.1m 0.02% Added +295.8k +295,760
26 Condire Management, LP 11.22% of their portfolio DALLAS, TX 10,230,00010.2m $66.0m $66.0m 11.22% Added +500.0k +500,000
27 Stephens Investment Management Group LLC 1.07% of their portfolio LITTLE ROCK, AR 10,113,73310.1m $65.2m $65.2m 1.07% Added +76.1k +76,107
28 GREENLIGHT CAPITAL INC 3.70% of their portfolio New York, NY 10,105,61010.1m $65.2m $65.2m 3.70% Added +879.0k +878,960
29 MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 9,011,3369.0m $58.1m $58.1m 0.06% Reduced -4.8m -4,772,068
30 PRIMECAP MANAGEMENT CO/CA/ 0.05% of their portfolio PASADENA, CA 8,913,5008.9m $57.5m $57.5m 0.05% Reduced -268.2k -268,200
31 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 8,004,8778.0m $51.6m $51.6m 0.01% Added +2.0m +2,007,323
32 AQR CAPITAL MANAGEMENT LLC 0.11% of their portfolio Greenwich, CT 7,933,1127.9m $51.2m $51.2m 0.11% Added +370.7k +370,652
33 FIRST TRUST ADVISORS LP 0.06% of their portfolio Wheaton, IL 7,825,9247.8m $50.5m $50.5m 0.06% Reduced -818.9k -818,858
34 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 7,619,9197.6m $49.1m $49.1m 0.01% Reduced -91.3k -91,328
35 EnCap Energy Capital Fund VIII, L.P. 28.64% of their portfolio Houston, TX 7,423,5447.4m $47.9m $47.9m 28.64% Unchanged
36 Yorktown Energy Partners XI, L.P. 25.26% of their portfolio New York, NY 6,999,2767.0m $45.1m $45.1m 25.26% Unchanged
37 Encompass Capital Advisors LLC 2.77% of their portfolio New York, NY 6,884,0006.9m $44.4m $44.4m 2.77% New
38 SIR Capital Management, L.P. 4.58% of their portfolio NEW YORK, NY 5,989,3776.0m $38.6m $38.6m 4.58% Added +3.2m +3,245,000
39 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 5,960,8036.0m $38.4m $38.4m 0.04% Added +5.1m +5,050,647
40 Aventail Capital Group, LP 2.46% of their portfolio NEW YORK, NY 5,476,5885.5m $35.3m $35.3m 2.46% Reduced -3.8m -3,771,791
41 APPALOOSA LP 0.61% of their portfolio Short Hills, NJ 4,800,0004.8m $31.0m $31.0m 0.61% Unchanged
42 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.07% of their portfolio Boston, MA 4,472,0644.5m $28.8m $28.8m 0.07% Reduced -1.4m -1,410,000
43 Squarepoint Ops LLC 0.14% of their portfolio NEW YORK, NY 4,319,1174.3m $27.9m $27.9m 0.14% Added +4.2m +4,213,986
44 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 4,062,5454.1m $26.2m $26.2m 0.02% Reduced -73.3k -73,308
45 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 3,821,4663.8m $24.6m $24.6m 0.01% Added +3.1m +3,064,716
46 Russell Investments Group, Ltd. 0.05% of their portfolio Seattle, WA 3,708,5953.7m $23.9m $23.9m 0.05% Reduced -544.9k -544,912
47 MARSHALL WACE, LLP 0.05% of their portfolio LONDON, X0 3,697,6843.7m $23.9m $23.9m 0.05% Reduced -6.2m -6,209,869
48 Man Group plc 0.07% of their portfolio LONDON, X0 3,631,5353.6m $23.4m $23.4m 0.07% New
49 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 3,560,9553.6m $23.0m $23.0m 0.01% Reduced -127.0k -126,984
50 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 3,340,4993.3m $21.5m $21.5m 0.03% Added +823.5k +823,452
51 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 3,293,3593.3m $21.2m $21.2m 0.01% Reduced -1.1m -1,114,503
52 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 3,157,7773.2m $20.4m $20.4m 0.02% Reduced -39.2k -39,219
53 CLOUGH CAPITAL PARTNERS L P 2.13% of their portfolio Boston, MA 3,072,8003.1m $19.8m $19.8m 2.13% Added +1.4m +1,377,800
54 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,051,2273.1m $19.7m $19.7m 0.00% Reduced -239.0k -238,992
55 MACKENZIE FINANCIAL CORP 0.03% of their portfolio TORONTO ONTARIO, A6 2,803,9432.8m $17.1m $17.1m 0.03% Added +2.8m +2,780,760
56 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 2,749,6652.7m $17.7m $17.7m 0.02% Added +85.4k +85,448
57 Sagefield Capital LP 2.34% of their portfolio DALLAS, TX 2,578,1552.6m $16.6m $16.6m 2.34% Added +544.0k +543,961
58 Invenomic Capital Management LP 0.66% of their portfolio BOSTON, MA 2,436,0422.4m $15.7m $15.7m 0.66% Added +61.7k +61,664
59 Swiss National Bank 0.01% of their portfolio ZURICH, V8 2,420,6002.4m $15.6m $15.6m 0.01% Added +22.9k +22,900
60 Alyeska Investment Group, L.P. 0.10% of their portfolio CHICAGO, IL 2,330,7442.3m $15.0m $15.0m 0.10% Added +945.3k +945,317
61 Senator Investment Group LP 0.81% of their portfolio New York, NY 2,250,0002.2m $14.5m $14.5m 0.81% Unchanged
62 EDMOND DE ROTHSCHILD HOLDING S.A. 0.29% of their portfolio CHAMBESY, V8 2,200,0002.2m $14.2m $14.2m 0.29% Reduced -250.0k -250,000
63 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 2,180,4612.2m $14.1m $14.1m 0.02% Added +300.6k +300,574
64 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 2,136,7532.1m $13.8m $13.8m 0.01% Added +42.8k +42,797
65 Legal & General Group Plc 0.00% of their portfolio London, X0 1,932,4091.9m $12.5m $12.5m 0.00% Added +219.7k +219,687
66 South Dakota Investment Council 0.24% of their portfolio SIOUX FALLS, SD 1,600,1971.6m $10.3m $10.3m 0.24% Reduced -121.5k -121,503
67 CHARTWELL INVESTMENT PARTNERS, LLC 0.40% of their portfolio BERYWN, PA 1,590,1511.6m $10.3m $10.3m 0.40% New
68 AMERICAN INTERNATIONAL GROUP, INC. 0.06% of their portfolio New York, NY 1,551,8101.6m $10.0m $10.0m 0.06% Reduced -109.2k -109,211
69 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.12% of their portfolio New York, NY 1,453,1561.5m $9.4m $9.4m 0.12% Reduced -123.1k -123,057
70 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio ALBANY, NY 1,427,2981.4m $9.2m $9.2m 0.02% Added +56.3k +56,330
71 CRAMER ROSENTHAL MCGLYNN LLC 0.50% of their portfolio STAMFORD, CT 1,386,2241.4m $8.9m $8.9m 0.50% New
72 Retirement Systems of Alabama 0.04% of their portfolio MONTGOMERY, AL 1,375,2991.4m $8.9m $8.9m 0.04% Reduced -43.9k -43,896
73 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 1,345,3191.3m $8.7m $8.7m 0.00% Added +61.9k +61,882
74 Yorktown Energy Partners VIII, L.P. 5.99% of their portfolio New York, NY 1,341,1831.3m $8.7m $8.7m 5.99% Reduced -1.3m -1,341,183
75 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 1,307,9091.3m $8.4m $8.4m 0.00% Reduced -83.1k -83,084
76 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 1,298,5241.3m $8.4m $8.4m 0.00% Added +190.0k +190,038
77 YORKTOWN ENERGY PARTNERS IX, L.P. 9.89% of their portfolio NEW YORK, NY 1,285,4381.3m $8.3m $8.3m 9.89% Unchanged
78 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 1,222,5141.2m $7.9m $7.9m 0.01% Reduced -118.3k -118,281
79 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 1,209,9491.2m $7.8m $7.8m 0.01% Reduced -108.7k -108,658
80 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,207,7421.2m $7.8m $7.8m 0.00% Reduced -2.3m -2,298,295
81 KENNEDY CAPITAL MANAGEMENT LLC 0.18% of their portfolio ST LOUIS, MO 1,123,0401.1m $7.2m $7.2m 0.18% Reduced -335.4k -335,368
82 Rafferty Asset Management, LLC 0.04% of their portfolio New York, NY 1,108,1401.1m $7.1m $7.1m 0.04% Reduced -223.6k -223,610
83 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 1,073,6411.1m $6.9m $6.9m 0.01% Added +234.1k +234,132
84 COOPER CREEK PARTNERS MANAGEMENT LLC 0.42% of their portfolio NEW YORK, NY 1,072,9201.1m $6.9m $6.9m 0.42% Unchanged
85 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,013,6471.0m $6.5m $6.5m 0.00% Added +28.7k +28,671
86 ROYCE & ASSOCIATES LP 0.07% of their portfolio New York, NY 1,005,2231.0m $6.5m $6.5m 0.07% Reduced -8.7k -8,685
87 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 951,851951.9k $6.1m $6.1m 0.00% Added +129.0k +128,958
88 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 949,329949.3k $6.1m $6.1m 0.00% Added +542.6k +542,619
89 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 935,415935.4k $6.0m $6.0m 0.01% Added +185.6k +185,631
90 TEXAS PERMANENT SCHOOL FUND CORP 0.06% of their portfolio AUSTIN, TX 935,038935.0k $6.0m $6.0m 0.06% Reduced -34.2k -34,190
91 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 884,175884.2k $5.7m $5.7m 0.01% Reduced -704.2k -704,194
92 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 880,774880.8k $5.7m $5.7m 0.01% Reduced -263.3k -263,298
93 EASTERLY INVESTMENT PARTNERS LLC 0.62% of their portfolio BEVERLY, MA 879,844879.8k $5.7m $5.7m 0.62% Added +469.8k +469,752
94 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 874,334874.3k $5.6m $5.6m 0.01% Reduced -33.6k -33,645
95 Annex Advisory Services, LLC 0.32% of their portfolio BROOKFIELD, WI 822,857822.9k $5.3m $5.3m 0.32% Added +205.1k +205,094
96 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 803,132803.1k $5.2m $5.2m 0.01% Unchanged
97 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 785,197785.2k $5.1m $5.1m 0.01% Added +355.1k +355,142
98 UBS Group AG 0.00% of their portfolio ZURICH, V8 776,206776.2k $5.0m $5.0m 0.00% Reduced -677.7k -677,708
99 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 761,994762.0k $4.9m $4.9m 0.01% Reduced -2.9k -2,870
100 Gradient Investments LLC 0.13% of their portfolio ARDEN HILLS, MN 753,835753.8k $4.9m $4.9m 0.13% Reduced -9.9k -9,920