Sable Offshore Corp
SOC
18 hedge funds and large institutions have $30M invested in Sable Offshore Corp in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 56 closing their positions.
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
69.84% less ownership
Funds ownership: 80.15% → 10.31% (-70%)
75% less funds holding
Funds holding: 73 → 18 (-55)
87% less capital invested
Capital invested by funds: $232M → $30M (-$202M)
96% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 56
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$892K |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$470K |
| 3 |
ECG
Edge Capital Group
Atlanta,
Georgia
|
+$101K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$73.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.01K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
-$20.2M |
| 2 |
HP
Hartree Partners
New York
|
-$20.1M |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$12.5M |
| 4 |
D.E. Shaw & Co
New York
|
-$11.9M |
| 5 |
SCM
Saba Capital Management
New York
|
-$11.6M |
SOC Hedge Fund Activity: Q1 2023 in Review
18 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Sable Offshore Corp (SOC) for Q1 2023, worth a combined $30M — down 87% from $232M a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of SOC and 2 opened new positions — a net loss of 54 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was JP Morgan Chase, adding an estimated $892K. The largest seller was Fort Baker Capital Management, cutting an estimated $20.2M.
- 18 institutional investors held Sable Offshore Corp (SOC) as of Q1 2023, down from 73 in Q4 2022.
- Funds reported $30M of Sable Offshore Corp stock for Q1 2023, down 87% quarter-over-quarter.
- 2 funds opened new Sable Offshore Corp positions in Q1 2023 and 56 closed out, a net change of -54 holders.
- The largest Sable Offshore Corp buyer in Q1 2023 was JP Morgan Chase, an estimated $892K added.
- The largest Sable Offshore Corp seller in Q1 2023 was Fort Baker Capital Management, an estimated $20.2M sold.
Based on aggregated 13F filings for Q1 2023.