Save your place

Sign in to WhoBought

Please try again later.

Ray Dalio's SM Energy Company (SM) position

Not anymore: Ray Dalio fully exited SM in Q1 2026. The position peaked at $19M in Q3 2024.
View full portfolio →
Value at exit
$889K
Shares at exit
48K
Est. average buy price (i)
$26.58
Quarter-end price
$18.70

Estimated trade prices

Average price in quarters with purchases
$36.37
Average prices in quarters with sales
  • Q4 2025: $20.26 (435K shares sold)
  • Q1 2025: $35.87 (268K shares sold)
  • Q4 2024: $42.23 (181K shares sold)

SM price vs Dalio's position

1Y 3Y 5Y MAX
Dates
$1$50$10020192020202120222023202420252026New position of 91K shares · Q3 2022. Average closing price $39.34 · Price range $30.36–$46.9091KsharespurchasedNew position of 141K shares · Q3 2023. Average closing price $37.91 · Price range $30.18–$42.93141KsharespurchasedNew position of 205K shares · Q2 2024. Average closing price $49.11 · Price range $43.23–$52.76205KsharespurchasedAdded 279K shares (136.5%) · Q3 2024. Average closing price $43.38 · Price range $38.07–$47.26279KsharespurchasedSold 181K shares (37.3%) · Q4 2024. Average closing price $42.23 · Price range $36.59–$46.03181KsharessoldSold 268K shares (88.2%) · Q1 2025. Average closing price $35.87 · Price range $27.15–$44.69268KsharessoldAdded 313K shares (873.1%) · Q2 2025. Average closing price $24.21 · Price range $20.39–$30.52313KsharespurchasedAdded 133K shares (38.1%) · Q3 2025. Average closing price $26.97 · Price range $24.97–$28.98133KsharespurchasedSold 435K shares (90.1%) · Q4 2025. Average closing price $20.26 · Price range $17.85–$25.85435Ksharessold
Average closing price · filing quarter
$20.26
Price range · filing quarter
$17.85 – $25.85
Sign in to see who bought

Every quarterly change

Quarter Action Shares change Est. value change Δ Own Shares held Filing date
Q1 2026 Exited −48K −$1.1M −100.0% 0 May 15, 2026
Q4 2025 Reduced −435K −$8.8M −90.1% 48K Feb 13, 2026
Q3 2025 Added +133K +$3.6M +38.1% 482K Nov 13, 2025
Q2 2025 Added +313K +$7.6M +873.1% 349K Aug 13, 2025
Q1 2025 Reduced −268K −$9.6M −88.2% 36K May 14, 2025
Q4 2024 Reduced −181K −$7.6M −37.3% 303K Feb 13, 2025
Q3 2024 Added +279K +$12M +136.5% 484K Nov 13, 2024
Q2 2024 New +205K +$10M – 205K Aug 14, 2024
Q3 2023 New +141K +$5.4M – 141K Nov 13, 2023
Q3 2022 New +91K +$3.6M – 91K Nov 10, 2022
Data through Q1 2026 · filed May 15, 2026
10 grouped rows from 10 quarters

More Dalio positions

Amazon.com, Inc.(AMZN)
$905M
4.1% of portfolio

NVIDIA Corporation(NVDA)
$812M
3.7% of portfolio

Alphabet Inc.(GOOGL)
$562M
2.6% of portfolio

Broadcom Inc.(AVGO)
$568M
2.5% of portfolio

Micron Technology, Inc.(MU)
$499M
2.2% of portfolio

Microsoft Corporation(MSFT)
$402M
1.8% of portfolio

Common questions

Does Ray Dalio own SM?

Not currently. Ray Dalio fully exited SM in Q1 2026, and the complete history is above. All figures come from SEC 13F filings for Q1 2026, the latest disclosed quarter.

When did Ray Dalio buy SM?

Ray Dalio first disclosed a SM position in Q3 2022; every quarterly buy and sell since is in the table above. All figures come from SEC 13F filings for Q1 2026, the latest disclosed quarter.

Did Ray Dalio sell SM?

Yes. Ray Dalio reduced and then fully exited SM by Q1 2026; the reductions are in the table above. All figures come from SEC 13F filings for Q1 2026, the latest disclosed quarter.

How many shares of SM does Ray Dalio own?

None as of the latest filing: Ray Dalio has exited SM. All figures come from SEC 13F filings for Q1 2026, the latest disclosed quarter.

What price did Ray Dalio pay for SM?

Ray Dalio's estimated average buy price for SM is $26.58, from quarter-average prices weighted by the shares added each quarter. All figures come from SEC 13F filings for Q1 2026, the latest disclosed quarter.

How are the estimated trade prices calculated?

13F filings disclose quarter-end holdings, not trade dates or execution prices. These estimates use each covered quarter's average market price; the add average excludes the opening position and quarters without price data. All figures come from SEC 13F filings for Q1 2026, the latest disclosed quarter.