Sable Offshore Corp
SOC
41 hedge funds and large institutions have $330M invested in Sable Offshore Corp in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 5 closing their positions.
732% more capital invested
Capital invested by funds: $39.6M → $330M (+$290M)
480% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 5
141% more funds holding
Funds holding: 17 → 41 (+24)
23.95% more ownership
Funds ownership: 26.19% → 50.14% (+24%)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$107M |
| 2 |
PGA
Pilgrim Global Advisors
Reno,
Nevada
|
+$94.5M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$37.5M |
| 4 |
Fayez Sarofim & Co
Houston,
Texas
|
+$35.4M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$23.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
-$7.81M |
| 2 |
KC
Kepos Capital
New York
|
-$3.36M |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$3.22M |
| 4 |
JP Morgan Chase
New York
|
-$2.8M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$2.4M |
SOC Hedge Fund Activity: Q1 2024 in Review
41 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Sable Offshore Corp (SOC) for Q1 2024, worth a combined $330M — up 732% from $39.6M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SOC positions and 5 closed out — a net gain of 24 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $107M. The largest seller was Fort Baker Capital Management, exiting entirely with an estimated $7.81M sold.
- 41 institutional investors held Sable Offshore Corp (SOC) as of Q1 2024, up from 17 in Q4 2023.
- Funds reported $330M of Sable Offshore Corp stock for Q1 2024, up 732% quarter-over-quarter.
- 29 funds opened new Sable Offshore Corp positions in Q1 2024 and 5 closed out, a net change of +24 holders.
- The largest Sable Offshore Corp buyer in Q1 2024 was Fidelity Investments, an estimated $107M added.
- The largest Sable Offshore Corp seller in Q1 2024 was Fort Baker Capital Management, an estimated $7.81M sold.
Based on aggregated 13F filings for Q1 2024.