SM ENERGY CO

Ticker: SM CUSIP: 78454L100 Class: EQTY

TWO SIGMA INVESTMENTS, LP's Holding History (CIK: 0001179392)

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

Q4 2025

Shares 265,612 Value ($000) $4,967 Avg Close $20.02 Range $17.39 - $25.89

Q3 2025

Shares 164,864 Value ($000) $4,117 Avg Close $26.40 Range $23.79 - $28.66

Q2 2025

Shares 74,863 Value ($000) $1,850 Avg Close $23.52 Range $18.97 - $29.62

Q1 2025

Shares 49,392 Value ($000) $1,479 Avg Close $34.54 Range $25.71 - $43.13

Q4 2024

Shares 66,383 Value ($000) $2,573 Avg Close $40.47 Range $34.67 - $44.54

Q3 2024

Shares 193,125 Value ($000) $7,719 Avg Close $41.40 Range $36.09 - $46.14

Q2 2024

Shares 88,649 Value ($000) $3,832 Avg Close $46.69 Range $40.55 - $50.49

Q1 2024

Shares 176,557 Value ($000) $8,801 Avg Close $38.73 Range $32.79 - $47.33

Q4 2023

Shares 75,292 Value ($000) $2,915 Avg Close $36.34 Range $32.19 - $41.10

Q4 2022

Shares 107,592 Value ($000) $3,747 Avg Close $38.51 Range $30.45 - $45.00

Q3 2022

Shares 358,192 Value ($000) $13,472 Avg Close $36.34 Range $27.04 - $44.16

Q2 2022

Shares 383,792 Value ($000) $13,122 Avg Close $37.53 Range $29.67 - $50.77

Q1 2022

Shares 175,292 Value ($000) $6,828 Avg Close $33.28 Range $26.70 - $40.35

Q4 2021

Shares 156,292 Value ($000) $4,607 Avg Close $28.83 Range $23.30 - $35.32

Q3 2021

Shares 1,239,425 Value ($000) $32,696 Avg Close $18.65 Range $13.65 - $25.18

Q2 2021

Shares 1,210,921 Value ($000) $29,825 Avg Close $17.88 Range $14.15 - $24.80

Q1 2021

Shares 1,206,867 Value ($000) $19,756 Avg Close $11.79 Range $5.43 - $17.99

Q4 2020

Shares 873,348 Value ($000) $5,345 Avg Close $3.11 Range $1.24 - $6.54

Q2 2020

Shares 747,395 Value ($000) $2,803 Avg Close $3.00 Range $0.93 - $6.36

Q1 2020

Shares 877,340 Value ($000) $1,070 Avg Close $6.44 Range $0.82 - $11.29

Q3 2016

Shares 553,567 Value ($000) $21,357 Avg Close $28.63 Range $21.07 - $36.08

Q2 2016

Shares 219,178 Value ($000) $5,918 Avg Close $25.04 Range $15.19 - $31.80

Q1 2016

Shares 481,382 Value ($000) $9,021 Avg Close $12.30 Range $6.23 - $18.41

Q3 2014

Shares 32,098 Value ($000) $2,504 Avg Close $72.53 Range $66.28 - $80.34

Q2 2014

Shares 136,003 Value ($000) $11,438 Avg Close $68.14 Range $63.07 - $75.90

Q1 2014

Shares 155,162 Value ($000) $11,062 Avg Close $69.50 Range $61.32 - $80.14

Q4 2013

Shares 462,615 Value ($000) $38,448 Avg Close $75.76 Range $68.11 - $83.50

Q3 2013

Shares 425,242 Value ($000) $32,824 Avg Close $61.42 Range $53.46 - $68.98

Q2 2013

Shares 90,600 Value ($000) $5,434 Avg Close $54.11 Range $49.06 - $58.20

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	265,612	$4,967	$20.02	$17.39 - $25.89
Q3 2025	164,864	$4,117	$26.40	$23.79 - $28.66
Q2 2025	74,863	$1,850	$23.52	$18.97 - $29.62
Q1 2025	49,392	$1,479	$34.54	$25.71 - $43.13
Q4 2024	66,383	$2,573	$40.47	$34.67 - $44.54
Q3 2024	193,125	$7,719	$41.40	$36.09 - $46.14
Q2 2024	88,649	$3,832	$46.69	$40.55 - $50.49
Q1 2024	176,557	$8,801	$38.73	$32.79 - $47.33
Q4 2023	75,292	$2,915	$36.34	$32.19 - $41.10
Q4 2022	107,592	$3,747	$38.51	$30.45 - $45.00
Q3 2022	358,192	$13,472	$36.34	$27.04 - $44.16
Q2 2022	383,792	$13,122	$37.53	$29.67 - $50.77
Q1 2022	175,292	$6,828	$33.28	$26.70 - $40.35
Q4 2021	156,292	$4,607	$28.83	$23.30 - $35.32
Q3 2021	1,239,425	$32,696	$18.65	$13.65 - $25.18
Q2 2021	1,210,921	$29,825	$17.88	$14.15 - $24.80
Q1 2021	1,206,867	$19,756	$11.79	$5.43 - $17.99
Q4 2020	873,348	$5,345	$3.11	$1.24 - $6.54
Q2 2020	747,395	$2,803	$3.00	$0.93 - $6.36
Q1 2020	877,340	$1,070	$6.44	$0.82 - $11.29
Q3 2016	553,567	$21,357	$28.63	$21.07 - $36.08
Q2 2016	219,178	$5,918	$25.04	$15.19 - $31.80
Q1 2016	481,382	$9,021	$12.30	$6.23 - $18.41
Q3 2014	32,098	$2,504	$72.53	$66.28 - $80.34
Q2 2014	136,003	$11,438	$68.14	$63.07 - $75.90
Q1 2014	155,162	$11,062	$69.50	$61.32 - $80.14
Q4 2013	462,615	$38,448	$75.76	$68.11 - $83.50
Q3 2013	425,242	$32,824	$61.42	$53.46 - $68.98
Q2 2013	90,600	$5,434	$54.11	$49.06 - $58.20