Sable Offshore Corp. Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50

SOC.WS

Market cap $738M

SOC.WS Hedge Fund Activity: Q4 2021 in Review

41 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Sable Offshore Corp. Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 (SOC.WS) for Q4 2021, worth a combined $9.28M — up 21% from $7.66M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new SOC.WS positions and 4 closed out — a net gain of 6 holders — while 2 added to existing stakes and 2 trimmed.

The largest buyer was Shaolin Capital Management, opening a new position worth an estimated $327K. The largest seller was Tortoise Capital Advisors, exiting entirely with an estimated $54K sold.

• 41 institutional investors held Sable Offshore Corp. Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 (SOC.WS) as of Q4 2021, up from 37 in Q3 2021.
• Funds reported $9.28M of Sable Offshore Corp. Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 stock for Q4 2021, up 21% quarter-over-quarter.
• 10 funds opened new Sable Offshore Corp. Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 positions in Q4 2021 and 4 closed out, a net change of +6 holders.
• The largest Sable Offshore Corp. Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 buyer in Q4 2021 was Shaolin Capital Management, an estimated $327K added.
• The largest Sable Offshore Corp. Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 seller in Q4 2021 was Tortoise Capital Advisors, an estimated $54K sold.

Based on aggregated 13F filings for Q4 2021.