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System1

45 hedge funds and large institutions have $272M invested in System1 in 2020 Q3 according to their latest regulatory filings, with 45 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed

5.5% more ownership

Funds ownership: 0%5.5% (+5.5%)

Holders
45
Holders Change
+45
Holders Change %
% of All Funds
0.91%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.04%
New
45
Increased
Reduced
Closed
Calls
$1.1M
Puts
Net Calls
+$1.1M
Net Calls Change
+$1.1M
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Ratan Capital Management
Florida
$28.3M +$28.3M +278,350 New
Holocene Advisors
2
Holocene Advisors
New York
$17.8M +$17.8M +175,000 New
PAMP
3
Polar Asset Management Partners
Ontario, Canada
$15.8M +$15.7M +155,000 New
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
4
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$14.8M +$14.7M +144,930 New
HIM
5
HGC Investment Management
Ontario, Canada
$13.9M +$13.9M +136,328 New
JGC
6
J. Goldman & Co
New York
$11.9M +$11.9M +117,175 New
CAC
7
Cowen and Company
New York
$10.2M +$10.2M +100,000 New
HI
8
HBK Investments
Texas
$10.2M +$10.2M +100,000 New
LCM
9
LH Capital Markets
New York
$10.2M +$10.2M +100,000 New
MI
10
MMCAP International
Cayman Islands
$10.2M +$10.2M +100,000 New
MCM
11
Moore Capital Management
New York
$10.2M +$10.2M +100,000 New
TCA
12
Taconic Capital Advisors
New York
$10.2M +$10.2M +100,000 New
FTCM
13
Fir Tree Capital Management
New York
$9.6M +$9.58M +94,290 New
Manulife (Manufacturers Life Insurance)
14
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$8.65M +$8.64M +85,010 New
WCMNY
15
Westchester Capital Management (New York)
New York
$7.33M +$7.31M +71,978 New
FIG
16
Fortress Investment Group
New York
$7.13M +$7.11M +70,000 New
Hudson Bay Capital Management
17
Hudson Bay Capital Management
Connecticut
$7.13M +$7.11M +70,000 New
PWAM
18
Park West Asset Management
California
$7.13M +$7.11M +70,000 New
RCM
19
Radcliffe Capital Management
Pennsylvania
$5.45M +$5.44M +53,511 New
Goldman Sachs
20
Goldman Sachs
New York
$5.36M +$5.35M +52,669 New
LA
21
Linden Advisors
New York
$4.62M +$4.62M +45,432 New
PMAM
22
Picton Mahoney Asset Management
Ontario, Canada
$4.58M +$4.57M +45,010 New
BCM
23
Beryl Capital Management
California
$4.29M +$4.28M +42,154 New
HSBC Holdings
24
HSBC Holdings
United Kingdom
$4.08M +$4.06M +40,000 New
WAM
25
Wolverine Asset Management
Illinois
$4.03M +$4.02M +39,602 New

SST Hedge Fund Activity: Q3 2020 in Review

45 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in System1 (SST) for Q3 2020, worth a combined $272M.

Buyers outnumbered sellers: 45 funds opened new SST positions and 0 closed out — a net gain of 45 holders — while 0 added to existing stakes and 0 trimmed.

The largest buyer was Ratan Capital Management, opening a new position worth an estimated $28.3M.

  • 45 institutional investors held System1 (SST) as of Q3 2020, up from 0 in Q2 2020.
  • Funds reported $272M of System1 stock for Q3 2020.
  • 45 funds opened new System1 positions in Q3 2020 and 0 closed out, a net change of +45 holders.
  • The largest System1 buyer in Q3 2020 was Ratan Capital Management, an estimated $28.3M added.

Based on aggregated 13F filings for Q3 2020.