System1
45 hedge funds and large institutions have $69.4M invested in System1 in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 7 closing their positions.
76,550% more call options, than puts
Call options by funds: $1.53M | Put options by funds: $2K
1.5% more ownership
Funds ownership: 3.68% → 5.18% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 48 → 45 (-3)
10% less capital invested
Capital invested by funds: $77M → $69.4M (-$7.63M)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
+$1.5M |
| 2 |
Jane Street
New York
|
+$172K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$149K |
| 4 |
Millennium Management
New York
|
+$104K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$67K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$287K |
| 2 |
BlackRock
New York
|
-$130K |
| 3 |
Group One Trading
Chicago,
Illinois
|
-$112K |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$82K |
| 5 |
Charles Schwab
San Francisco,
California
|
-$75.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SOA
51
Sea Otter Advisors
Miami,
Florida
| – | -$27.8K | -1,250 | Closed |
|
|
WC
52
Wexford Capital
West Palm Beach,
Florida
| – | -$23.9K | -1,075 | Closed |
|
53
Citadel Advisors
Miami,
Florida
| – | -$7.18K | -324 | Closed |
|
54
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1.63K | -73 | Closed |
|
SST Hedge Fund Activity: Q1 2024 in Review
45 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in System1 (SST) for Q1 2024, worth a combined $69.4M — down 9.9% from $77M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SST and 4 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 14 added.
The largest buyer was Cerity Partners, adding an estimated $1.5M. The largest seller was Morgan Stanley, cutting an estimated $287K.
- 45 institutional investors held System1 (SST) as of Q1 2024, down from 48 in Q4 2023.
- Funds reported $69.4M of System1 stock for Q1 2024, down 9.9% quarter-over-quarter.
- 4 funds opened new System1 positions in Q1 2024 and 7 closed out, a net change of -3 holders.
- The largest System1 buyer in Q1 2024 was Cerity Partners, an estimated $1.5M added.
- The largest System1 seller in Q1 2024 was Morgan Stanley, an estimated $287K sold.
Based on aggregated 13F filings for Q1 2024.