System1
48 hedge funds and large institutions have $77M invested in System1 in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 11 reducing their positions, and 5 closing their positions.
1,168% more call options, than puts
Call options by funds: $4.04M | Put options by funds: $319K
100% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 11
85% more capital invested
Capital invested by funds: $41.6M → $77M (+$35.5M)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 47 → 48 (+1)
0.01% more ownership
Funds ownership: 3.67% → 3.68% (+0.01%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$283K |
| 2 |
BlackRock
New York
|
+$235K |
| 3 |
Group One Trading
Chicago,
Illinois
|
+$97.5K |
| 4 |
Barclays
London,
United Kingdom
|
+$57.9K |
| 5 |
Charles Schwab
San Francisco,
California
|
+$52.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BJL
Brighton Jones LLC
Seattle,
Washington
|
-$264K |
| 2 |
QL
Quarry LP
New York
|
-$73.2K |
| 3 |
Bank of New York Mellon
New York
|
-$30.6K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$17.4K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$13.8K |
SST Hedge Fund Activity: Q4 2023 in Review
48 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in System1 (SST) for Q4 2023, worth a combined $77M — up 85% from $41.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SST positions and 5 closed out — a net gain of 1 holder — while 22 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $283K. The largest seller was Brighton Jones LLC, exiting entirely with an estimated $264K sold.
- 48 institutional investors held System1 (SST) as of Q4 2023, up from 47 in Q3 2023.
- Funds reported $77M of System1 stock for Q4 2023, up 85% quarter-over-quarter.
- 6 funds opened new System1 positions in Q4 2023 and 5 closed out, a net change of +1 holder.
- The largest System1 buyer in Q4 2023 was Morgan Stanley, an estimated $283K added.
- The largest System1 seller in Q4 2023 was Brighton Jones LLC, an estimated $264K sold.
Based on aggregated 13F filings for Q4 2023.