System1, Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share
SST.WS
SST.WS was delisted on the 4th of April, 2025.
21 hedge funds and large institutions have $8.44M invested in System1, Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share in 2022 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 9 closing their positions.
9% less funds holding
Funds holding: 23 → 21 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
54% less capital invested
Capital invested by funds: $18.5M → $8.44M (-$10.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
+$930K |
| 2 |
PFM
Privium Fund Management
Amsterdam,
Netherlands
|
+$638K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$130K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$127K |
| 5 |
BGIM
Boussard & Gavaudan Investment Management
London,
United Kingdom
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$658K |
| 2 |
TCA
Taconic Capital Advisors
New York
|
-$536K |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$430K |
| 4 |
SC
Sculptor Capital
New York
|
-$423K |
| 5 |
FIG
Fortress Investment Group
New York
|
-$334K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
26
Difesa Capital Management
New York
| – | -$145K | -90,935 | Closed |
|
|
RL
27
RPO LLC
Stamford,
Connecticut
| – | -$131K | -81,600 | Closed |
|
28
Walleye Trading
New York
| – | -$20K | -12,480 | Closed |
|
|
HF
29
HRT Financial
New York
| – | -$18K | -11,834 | Closed |
|
30
UBS Group
Zurich,
Switzerland
| – | -$14K | -8,997 | Closed |
|
SST.WS Hedge Fund Activity: Q2 2022 in Review
21 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in System1, Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share (SST.WS) for Q2 2022, worth a combined $8.44M — down 54% from $18.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SST.WS and 7 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Alpine Global Management, opening a new position worth an estimated $930K. The largest seller was P. Schoenfeld Asset Management (PSAM), exiting entirely with an estimated $658K sold.
- 21 institutional investors held System1, Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share (SST.WS) as of Q2 2022, down from 23 in Q1 2022.
- Funds reported $8.44M of System1, Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share stock for Q2 2022, down 54% quarter-over-quarter.
- 7 funds opened new System1, Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share positions in Q2 2022 and 9 closed out, a net change of -2 holders.
- The largest System1, Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share buyer in Q2 2022 was Alpine Global Management, an estimated $930K added.
- The largest System1, Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share seller in Q2 2022 was P. Schoenfeld Asset Management (PSAM), an estimated $658K sold.
Based on aggregated 13F filings for Q2 2022.