Vault-13

SOUTHWESTERN ENERGY CO SWN

COM · Common Stock · CUSIP 845467109 · ISIN US8454671095

478 institutional holders +2 vs Q4 2023
976,538,189976.5m shares reported held*
$7.4bnreported value*
78 new 131 added 168 reduced 77 sold out net bought ≈ $14.1m (+1.9m 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 ($19.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $7.58. Options: 19 managers hold calls ($51.6m notional), 17 hold puts ($18.9m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 471Q4 22: 462Q1 23: 451Q2 23: 442Q3 23: 465Q4 23: 476Q1 24: 478478Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022471
Q4 2022462
Q1 2023451
Q2 2023442
Q3 2023465
Q4 2023476
Q1 2024478

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 23Q4 23: 200 bought or addedQ4 23: 226 cut or sold outQ4 23Q1 24: 209 bought or addedQ1 24: 245 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022226200
Q1 2023201236
Q2 2023190211
Q3 2023205205
Q4 2023200226
Q1 2024209245

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ2 23 calls: $64.1mQ2 23 puts: $47.2mQ2 23P/C 0.74Q3 23 calls: $63.2mQ3 23 puts: $52.5mQ3 23P/C 0.83Q4 23 calls: $68.3mQ4 23 puts: $56.3mQ4 23P/C 0.82Q1 24 calls: $51.6mQ1 24 puts: $18.9mQ1 24P/C 0.37
Numbers
QuarterCallsPutsP/C
Q2 2023$64.1m$47.2m0.74
Q3 2023$63.2m$52.5m0.83
Q4 2023$68.3m$56.3m0.82
Q1 2024$51.6m$18.9m0.37

Biggest buyers

Magnetar Financial LLC Added +12,013,898+12.0m
Invesco Ltd. Added +11,129,773+11.1m
DIMENSIONAL FUND ADVISORS LP Added +10,852,604+10.9m
MILLENNIUM MANAGEMENT LLC Added +10,616,438+10.6m
KRYGER CAPITAL Ltd New +10,097,972+10.1m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +9,958,771+10.0m
AQR Arbitrage LLC New +9,848,587+9.8m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +7,439,130+7.4m
Kimmeridge Energy Management Company, LLC Added +6,245,000+6.2m
PRICE T ROWE ASSOCIATES INC /MD/ Added +4,968,002+5.0m

Biggest sellers

Ridgemont Partners Management, LLC Reduced -17,211,004-17.2m
FMR LLC Reduced -15,002,835-15.0m
D. E. Shaw & Co., Inc. Reduced -11,971,468-12.0m
NEUBERGER BERMAN GROUP LLC Reduced -10,387,200-10.4m
Aventail Capital Group, LP Sold out -8,064,252-8.1m
Condire Management, LP Sold out -7,224,854-7.2m
CITADEL ADVISORS LLC Reduced -5,579,344-5.6m
Encompass Capital Advisors LLC Reduced -5,551,467-5.6m
AQR CAPITAL MANAGEMENT LLC Reduced -3,812,790-3.8m
Merewether Investment Management, LP Sold out -3,192,787-3.2m

Biggest calls

Walleye Trading LLC Added $7.8m1.0m shares
Balyasny Asset Management L.P. New $6.7m885.7k shares
JANE STREET GROUP, LLC Reduced $6.2m814.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.0m794.9k shares
GROUP ONE TRADING LLC Added $5.7m753.8k shares
Walleye Capital LLC Reduced $5.4m717.5k shares
SIMPLEX TRADING, LLC Added $5.2m688.0k shares
CITADEL ADVISORS LLC Reduced $4.6m606.7k shares
D. E. Shaw & Co., Inc. Unchanged $1.1m150.0k shares
WOLVERINE TRADING, LLC New $1.1m145.3k shares

Biggest puts

JANE STREET GROUP, LLC Reduced $5.7m751.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.8m495.7k shares
CITADEL ADVISORS LLC Reduced $2.8m372.1k shares
J. Goldman & Co LP New $1.9m250.0k shares
PEAK6 Investments LLC Reduced $1.6m211.0k shares
D. E. Shaw & Co., Inc. Unchanged $1.1m150.0k shares
Belvedere Trading LLC New $525.3k69.3k shares
WOLVERINE TRADING, LLC New $313.8k41.4k shares
GTS SECURITIES LLC Reduced $298.7k39.4k shares
Walleye Trading LLC Reduced $291.1k38.4k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 110,280,343110.3m $835.9m $835.9m 0.02% Reduced -448.0k -448,039
2 BlackRock Inc. 0.02% of their portfolio New York, NY 97,059,05097.1m $735.7m $735.7m 0.02% Added +834.6k +834,604
3 STATE STREET CORP 0.02% of their portfolio BOSTON, MA 45,598,78345.6m $345.6m $345.6m 0.02% Added +2.2m +2,164,963
4 DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio AUSTIN, TX 40,184,80740.2m $304.6m $304.6m 0.08% Added +10.9m +10,852,604
5 PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio BALTIMORE, MD 39,364,19239.4m $298.4m $298.4m 0.04% Added +5.0m +4,968,002
6 Invesco Ltd. 0.06% of their portfolio ATLANTA, GA 38,754,24438.8m $293.8m $293.8m 0.06% Added +11.1m +11,129,773
7 T. Rowe Price Investment Management, Inc. 0.17% of their portfolio BALTIMORE, MD 37,627,33337.6m $285.2m $285.2m 0.17% Reduced -2.7m -2,700,924
8 DISCIPLINED GROWTH INVESTORS INC /MN 4.23% of their portfolio MINNEAPOLIS, MN 30,622,48030.6m $232.1m $232.1m 4.23% Added +1.2m +1,150,735
9 FMR LLC 0.01% of their portfolio BOSTON, MA 26,806,28526.8m $203.2m $203.2m 0.01% Reduced -15.0m -15,002,835
10 Kimmeridge Energy Management Company, LLC 8.92% of their portfolio NEW YORK, NY 24,619,29224.6m $186.6m $186.6m 8.92% Added +6.2m +6,245,000
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 22,092,16222.1m $167.5m $167.5m 0.00% Reduced -1.3m -1,320,828
12 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 18,675,80018.7m $141.6m $141.6m 0.01% Added +1.4m +1,449,027
13 Kopernik Global Investors, LLC 14.61% of their portfolio TAMPA, FL 18,362,20918.4m $139.2m $139.2m 14.61% Reduced -2.6m -2,645,168
14 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.13% of their portfolio BOSTON, MA 18,140,49118.1m $137.5m $137.5m 0.13% Added +7.4m +7,439,130
15 KGH Ltd 7.87% of their portfolio NASSAU, C5 17,548,00017.5m $133.0m $133.0m 7.87% Unchanged
16 ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio NASHVILLE, TN 16,930,11916.9m $128.3m $128.3m 0.05% Added +2.2m +2,193,573
17 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 16,581,03116.6m $125.7m $125.7m 0.01% Added +2.6m +2,612,060
18 RENAISSANCE TECHNOLOGIES LLC 0.18% of their portfolio NEW YORK, NY 15,378,58115.4m $116.6m $116.6m 0.18% Reduced -959.9k -959,944
19 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio NEW YORK, NY 14,639,97014.6m $111.0m $111.0m 0.04% Added +10.0m +9,958,771
20 EnCap Energy Capital Fund IX, L.P. 100.00% of their portfolio Houston, TX 13,764,50413.8m $104.3m $104.3m 100.00% Unchanged
21 MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 12,653,30312.7m $95.9m $95.9m 0.08% Added +10.6m +10,616,438
22 Magnetar Financial LLC 2.10% of their portfolio EVANSTON, IL 12,360,28612.4m $93.7m $93.7m 2.10% Added +12.0m +12,013,898
23 D. E. Shaw & Co., Inc. 0.12% of their portfolio New York, NY 12,089,27412.1m $91.6m $91.6m 0.12% Reduced -12.0m -11,971,468
24 Allspring Global Investments Holdings, LLC 0.14% of their portfolio CHARLOTTE, NC 11,917,83811.9m $90.3m $90.3m 0.14% Reduced -2.5m -2,480,568
25 Stephens Investment Management Group LLC 1.14% of their portfolio LITTLE ROCK, AR 11,321,89311.3m $85.8m $85.8m 1.14% Added +1.3m +1,255,480
26 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 11,000,90411.0m $83.4m $83.4m 0.02% Reduced -800.5k -800,494
27 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 10,918,34410.9m $82.8m $82.8m 0.02% Added +473.8k +473,822
28 MACQUARIE GROUP LTD 0.09% of their portfolio Sydney, NSW 2000, C3 10,769,47710.8m $81.6m $81.6m 0.09% Reduced -465.9k -465,930
29 KRYGER CAPITAL Ltd 14.28% of their portfolio LONDON, X0 10,097,97210.1m $76.5m $76.5m 14.28% New
30 AQR Arbitrage LLC 2.61% of their portfolio Greenwich, CT 9,848,5879.8m $74.7m $74.7m 2.61% New
31 PRIMECAP MANAGEMENT CO/CA/ 0.05% of their portfolio PASADENA, CA 8,231,6008.2m $62.4m $62.4m 0.05% Reduced -426.4k -426,400
32 NEUBERGER BERMAN GROUP LLC 0.05% of their portfolio NEW YORK, NY 7,979,5318.0m $60.5m $60.5m 0.05% Reduced -10.4m -10,387,200
33 EnCap Energy Capital Fund VIII, L.P. 32.41% of their portfolio Houston, TX 7,423,5447.4m $56.3m $56.3m 32.41% Unchanged
34 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 6,888,0016.9m $52.2m $52.2m 0.01% Reduced -983.0k -982,966
35 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.09% of their portfolio Boston, MA 6,439,5986.4m $48.8m $48.8m 0.09% Reduced -150.0k -150,000
36 FIRST TRUST ADVISORS LP 0.05% of their portfolio Wheaton, IL 6,203,6096.2m $47.0m $47.0m 0.05% Reduced -1.1m -1,102,855
37 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 1.24% of their portfolio CHICAGO, IL 5,695,1245.7m $43.2m $43.2m 1.24% Not comparable
38 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 5,209,2565.2m $39.5m $39.5m 0.02% Reduced -1.1m -1,121,718
39 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,956,3825.0m $37.6m $37.6m 0.00% Reduced -1.2m -1,247,474
40 APPALOOSA LP 0.54% of their portfolio Short Hills, NJ 4,800,0004.8m $36.4m $36.4m 0.54% Unchanged
41 Sagefield Capital LP 4.02% of their portfolio DALLAS, TX 4,339,5814.3m $32.9m $32.9m 4.02% Added +696.5k +696,516
42 Encompass Capital Advisors LLC 1.64% of their portfolio New York, NY 4,000,0004.0m $30.3m $30.3m 1.64% Reduced -5.6m -5,551,467
43 Westchester Capital Management, LLC 1.12% of their portfolio VALHALLA, NY 3,503,9493.5m $26.6m $26.6m 1.12% New
44 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 3,259,7473.3m $24.7m $24.7m 0.01% Reduced -243.4k -243,396
45 Russell Investments Group, Ltd. 0.04% of their portfolio Seattle, WA 3,139,5583.1m $23.8m $23.8m 0.04% Reduced -139.0k -138,951
46 Holocene Advisors, LP 0.09% of their portfolio New York, NY 3,095,0203.1m $23.5m $23.5m 0.09% New
47 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 2,957,8573.0m $22.4m $22.4m 0.02% Reduced -117.3k -117,294
48 Grantham, Mayo, Van Otterloo & Co. LLC 0.08% of their portfolio Boston, MA 2,948,1622.9m $22.3m $22.3m 0.08% New
49 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 2,642,8092.6m $20.0m $20.0m 0.02% Added +1.8m +1,755,490
50 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 2,600,3432.6m $19.7m $19.7m 0.02% Reduced -167.3k -167,326
51 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 2,552,8712.6m $19.4m $19.4m 0.03% Added +2.3m +2,253,197
52 Invenomic Capital Management LP 0.99% of their portfolio BOSTON, MA 2,457,0672.5m $18.6m $18.6m 0.99% Added +1.8k +1,803
53 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.28% of their portfolio New York, NY 2,252,4502.3m $17.1m $17.1m 0.28% Added +2.0m +1,954,800
54 Assenagon Asset Management S.A. 0.04% of their portfolio SENNINGERBERG, N4 2,164,4542.2m $16.4m $16.4m 0.04% New
55 Man Group plc 0.04% of their portfolio LONDON, X0 2,149,1822.1m $16.3m $16.3m 0.04% Reduced -1.6m -1,632,917
56 UBS Group AG 0.01% of their portfolio ZURICH, V8 2,106,5122.1m $16.0m $16.0m 0.01% Added +991.4k +991,369
57 Swiss National Bank 0.01% of their portfolio ZURICH, V8 2,066,2002.1m $15.7m $15.7m 0.01% Added +4.0k +4,000
58 ALPINE ASSOCIATES MANAGEMENT INC. 0.60% of their portfolio PALM BEACH, FL 2,042,0222.0m $15.5m $15.5m 0.60% New
59 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 1,993,4692.0m $15.1m $15.1m 0.01% Reduced -41.2k -41,162
60 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.12% of their portfolio FRANKFORT, KY 1,789,6291.8m $13.6m $13.6m 0.12% Added +551.1k +551,087
61 Absolute Gestao de Investimentos Ltda. 4.09% of their portfolio SAO PAULO, D5 1,750,0001.8m $13.3m $13.3m 4.09% New
62 Hartree Partners, LP 3.40% of their portfolio NEW YORK, NY 1,728,0001.7m $13.1m $13.1m 3.40% Added +400.0k +400,000
63 Calamos Advisors LLC 0.06% of their portfolio NAPERVILLE, IL 1,702,7811.7m $12.9m $12.9m 0.06% New
64 Legal & General Group Plc 0.00% of their portfolio London, X0 1,652,2301.7m $12.5m $12.5m 0.00% Reduced -10.5k -10,460
65 CLOUGH CAPITAL PARTNERS L P 1.32% of their portfolio Boston, MA 1,588,8641.6m $12.0m $12.0m 1.32% Reduced -968.4k -968,436
66 Taconic Capital Advisors LP 1.46% of their portfolio NEW YORK, NY 1,500,0001.5m $11.4m $11.4m 1.46% Not comparable
67 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 1,476,2071.5m $11.2m $11.2m 0.02% Reduced -2.5m -2,453,580
68 AMERICAN INTERNATIONAL GROUP, INC. 0.04% of their portfolio New York, NY 1,457,7621.5m $11.0m $11.0m 0.04% Reduced -30.0k -30,025
69 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio ALBANY, NY 1,449,5681.4m $11.0m $11.0m 0.02% Added +24.8k +24,798
70 Retirement Systems of Alabama 0.04% of their portfolio MONTGOMERY, AL 1,382,9491.4m $10.5m $10.5m 0.04% Added +3.4k +3,422
71 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 1,350,1171.4m $10.2m $10.2m 0.01% Added +7.9k +7,914
72 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 1,291,9301.3m $9.8m $9.8m 0.01% Reduced -108.0k -108,006
73 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,266,8651.3m $9.6m $9.6m 0.00% Reduced -110.0k -110,016
74 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 1,262,1261.3m $9.6m $9.6m 0.03% Reduced -157.8k -157,836
75 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 1,243,3611.2m $9.4m $9.4m 0.00% Added +11.2k +11,193
76 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 1,235,1551.2m $9.4m $9.4m 0.00% Reduced -48.1k -48,051
77 CHARTWELL INVESTMENT PARTNERS, LLC 0.32% of their portfolio BERYWN, PA 1,229,7051.2m $9.3m $9.3m 0.32% Reduced -305.7k -305,746
78 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,161,5791.2m $8.8m $8.8m 0.00% Reduced -59.9k -59,941
79 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 1,155,7001.2m $8.8m $8.8m 0.01% New
80 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 1,060,8131.1m $8.0m $8.0m 0.01% Reduced -58.7k -58,702
81 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.08% of their portfolio New York, NY 1,008,3101.0m $7.6m $7.6m 0.08% Reduced -47.7k -47,724
82 Bridgewater Associates, LP 0.04% of their portfolio Westport, CT 1,003,8491.0m $7.6m $7.6m 0.04% Reduced -409.9k -409,878
83 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 975,345975.3k $7.4m $7.4m 0.00% Added +471.2k +471,211
84 Versor Investments LP 1.48% of their portfolio New York, NY 964,644964.6k $7.3m $7.3m 1.48% New
85 TEXAS PERMANENT SCHOOL FUND CORP 0.06% of their portfolio AUSTIN, TX 963,842963.8k $7.3m $7.3m 0.06% Added +12.8k +12,758
86 Empowered Funds, LLC 0.06% of their portfolio NEWTOWN SQUARE, PA 941,866941.9k $7.1m $7.1m 0.06% Added +356.3k +356,283
87 ING GROEP NV 0.05% of their portfolio AMSTERDAM, P7 939,500939.5k $7.1m $7.1m 0.05% New
88 GUGGENHEIM CAPITAL LLC 0.05% of their portfolio CHICAGO, IL 883,724883.7k $6.7m $6.7m 0.05% Added +649.9k +649,860
89 Rafferty Asset Management, LLC 0.02% of their portfolio New York, NY 863,970864.0k $6.5m $6.5m 0.02% Reduced -274.1k -274,148
90 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 860,864860.9k $6.5m $6.5m 0.01% Added +2.0k +2,036
91 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 825,995826.0k $6.3m $6.3m 0.00% Reduced -965.1k -965,059
92 ROYCE & ASSOCIATES LP 0.05% of their portfolio New York, NY 803,946803.9k $6.1m $6.1m 0.05% Added +9.1k +9,123
93 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 803,132803.1k $6.1m $6.1m 0.01% Unchanged
94 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 792,620792.6k $6.0m $6.0m 0.00% Added +1.9k +1,892
95 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 785,145785.1k $6.0m $6.0m 0.01% Reduced -140.7k -140,675
96 AMALGAMATED BANK 0.05% of their portfolio NEW YORK, NY 750,954751.0k $5.7m $5.7m 0.05% Added +27.2k +27,197
97 Alberta Investment Management Corp 0.06% of their portfolio EDMONTON, A0 750,000750.0k $5.7m $5.7m 0.06% New
98 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 748,603748.6k $3.7m $3.7m 0.01% Reduced -186.8k -186,812
99 Cook Street Consulting, Inc. 1.66% of their portfolio GREENWOOD VILLAGE, CO 712,172712.2k $5.4m $5.4m 1.66% Reduced -9.5k -9,503
100 Point72 Asia (Singapore) Pte. Ltd. 1.34% of their portfolio SINGAPORE, U0 677,940677.9k $5.1m $5.1m 1.34% New