SM ENERGY CO

Ticker: SM CUSIP: 78454L100 Class: EQTY

MERCER GLOBAL ADVISORS INC /ADV's Holding History (CIK: 0000853758)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 81,217 Value ($000) $1,519 Avg Close $20.02 Range $17.39 - $25.89

Q3 2025

Shares 83,452 Value ($000) $2,084 Avg Close $26.40 Range $23.79 - $28.66

Q2 2025

Shares 80,899 Value ($000) $1,999 Avg Close $23.52 Range $18.97 - $29.62

Q1 2025

Shares 55,815 Value ($000) $1,672 Avg Close $34.54 Range $25.71 - $43.13

Q4 2024

Shares 56,025 Value ($000) $2,172 Avg Close $40.47 Range $34.67 - $44.54

Q3 2024

Shares 58,019 Value ($000) $2,398 Avg Close $41.40 Range $36.09 - $46.14

Q2 2024

Shares 57,320 Value ($000) $2,478 Avg Close $46.69 Range $40.55 - $50.49

Q1 2024

Shares 56,707 Value ($000) $3 Avg Close $38.73 Range $32.79 - $47.33

Q4 2023

Shares 59,153 Value ($000) $2 Avg Close $36.34 Range $32.19 - $41.10

Q3 2023

Shares 59,202 Value ($000) $2 Avg Close $35.61 Range $27.62 - $40.72

Q2 2023

Shares 57,752 Value ($000) $2 Avg Close $26.41 Range $23.43 - $29.84

Q1 2023

Shares 63,939 Value ($000) $2 Avg Close $28.38 Range $22.96 - $32.08

Q4 2022

Shares 58,146 Value ($000) $2 Avg Close $38.51 Range $30.45 - $45.00

Q3 2022

Shares 59,817 Value ($000) $2,250 Avg Close $36.34 Range $27.04 - $44.16

Q2 2022

Shares 58,745 Value ($000) $2,008 Avg Close $37.53 Range $29.67 - $50.77

Q1 2022

Shares 56,482 Value ($000) $2,200 Avg Close $33.28 Range $26.70 - $40.35

Q4 2021

Shares 79,389 Value ($000) $2,340 Avg Close $28.83 Range $23.30 - $35.32

Q3 2021

Shares 80,406 Value ($000) $2,121 Avg Close $18.65 Range $13.65 - $25.18

Q2 2021

Shares 85,222 Value ($000) $2,099 Avg Close $17.88 Range $14.15 - $24.80

Q1 2021

Shares 88,709 Value ($000) $1,452 Avg Close $11.79 Range $5.43 - $17.99

Q4 2020

Shares 98,825 Value ($000) $605 Avg Close $3.11 Range $1.24 - $6.54

Q3 2020

Shares 86,531 Value ($000) $138 Avg Close $2.56 Range $1.38 - $3.90

Q2 2020

Shares 77,630 Value ($000) $291 Avg Close $3.00 Range $0.93 - $6.36

Q1 2020

Shares 67,892 Value ($000) $83 Avg Close $6.44 Range $0.82 - $11.29

Q4 2019

Shares 68,024 Value ($000) $765 Avg Close $8.19 Range $6.20 - $10.46

Q3 2019

Shares 67,974 Value ($000) $658 Avg Close $9.23 Range $7.66 - $11.69

Q2 2019

Shares 68,591 Value ($000) $859 Avg Close $13.13 Range $9.21 - $17.08

Q1 2019

Shares 31,557 Value ($000) $489 Avg Close $16.03 Range $13.20 - $19.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	81,217	$1,519	$20.02	$17.39 - $25.89
Q3 2025	83,452	$2,084	$26.40	$23.79 - $28.66
Q2 2025	80,899	$1,999	$23.52	$18.97 - $29.62
Q1 2025	55,815	$1,672	$34.54	$25.71 - $43.13
Q4 2024	56,025	$2,172	$40.47	$34.67 - $44.54
Q3 2024	58,019	$2,398	$41.40	$36.09 - $46.14
Q2 2024	57,320	$2,478	$46.69	$40.55 - $50.49
Q1 2024	56,707	$3	$38.73	$32.79 - $47.33
Q4 2023	59,153	$2	$36.34	$32.19 - $41.10
Q3 2023	59,202	$2	$35.61	$27.62 - $40.72
Q2 2023	57,752	$2	$26.41	$23.43 - $29.84
Q1 2023	63,939	$2	$28.38	$22.96 - $32.08
Q4 2022	58,146	$2	$38.51	$30.45 - $45.00
Q3 2022	59,817	$2,250	$36.34	$27.04 - $44.16
Q2 2022	58,745	$2,008	$37.53	$29.67 - $50.77
Q1 2022	56,482	$2,200	$33.28	$26.70 - $40.35
Q4 2021	79,389	$2,340	$28.83	$23.30 - $35.32
Q3 2021	80,406	$2,121	$18.65	$13.65 - $25.18
Q2 2021	85,222	$2,099	$17.88	$14.15 - $24.80
Q1 2021	88,709	$1,452	$11.79	$5.43 - $17.99
Q4 2020	98,825	$605	$3.11	$1.24 - $6.54
Q3 2020	86,531	$138	$2.56	$1.38 - $3.90
Q2 2020	77,630	$291	$3.00	$0.93 - $6.36
Q1 2020	67,892	$83	$6.44	$0.82 - $11.29
Q4 2019	68,024	$765	$8.19	$6.20 - $10.46
Q3 2019	67,974	$658	$9.23	$7.66 - $11.69
Q2 2019	68,591	$859	$13.13	$9.21 - $17.08
Q1 2019	31,557	$489	$16.03	$13.20 - $19.13