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: Q2 2024 in Review

28 of the 6,924 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 Q2 2024, worth a combined $35.4M — up 117% from $16.3M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of SOC.WS and 3 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 11 added.

The largest buyer was Adage Capital Partners, adding an estimated $2.98M. The largest seller was Sculptor Capital, cutting an estimated $1.05M.

• 28 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 Q2 2024, down from 30 in Q1 2024.
• Funds reported $35.4M of Sable Offshore Corp. Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 stock for Q2 2024, up 117% 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 Q2 2024 and 5 closed out, a net change of -2 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 Q2 2024 was Adage Capital Partners, an estimated $2.98M 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 Q2 2024 was Sculptor Capital, an estimated $1.05M sold.

Based on aggregated 13F filings for Q2 2024.