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: Q3 2022 in Review

39 of the 5,805 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 Q3 2022, worth a combined $5.03M — up 7.1% from $4.69M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of SOC.WS and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 4 added.

The largest buyer was Cowen and Company, adding an estimated $221K. The largest seller was Aristeia Capital, exiting entirely with an estimated $77K sold.

• 39 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 Q3 2022, down from 40 in Q2 2022.
• Funds reported $5.03M of Sable Offshore Corp. Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 stock for Q3 2022, up 7.1% quarter-over-quarter.
• 3 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 Q3 2022 and 4 closed out, a net change of -1 holder.
• 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 Q3 2022 was Cowen and Company, an estimated $221K 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 Q3 2022 was Aristeia Capital, an estimated $77K sold.

Based on aggregated 13F filings for Q3 2022.