System1
35 hedge funds and large institutions have $182M invested in System1 in 2022 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 11 closing their positions.
276% more call options, than puts
Call options by funds: $38.8M | Put options by funds: $10.3M
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
0.14% more ownership
Funds ownership: 3.06% → 3.2% (+0.14%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
3% less funds holding
Funds holding: 36 → 35 (-1)
6% less capital invested
Capital invested by funds: $193M → $182M (-$10.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.59M |
| 2 |
CCM
CAAS Capital Management
New York
|
+$3.7M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$2.95M |
| 4 |
Jane Street
New York
|
+$2.51M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$4M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.47M |
| 3 |
Millennium Management
New York
|
-$904K |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$468K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$439K |
SST Hedge Fund Activity: Q3 2022 in Review
35 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in System1 (SST) for Q3 2022, worth a combined $182M — down 5.6% from $193M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SST and 10 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 13 added.
The largest buyer was Vanguard Group, adding an estimated $6.59M. The largest seller was Invesco, exiting entirely with an estimated $4M sold.
- 35 institutional investors held System1 (SST) as of Q3 2022, down from 36 in Q2 2022.
- Funds reported $182M of System1 stock for Q3 2022, down 5.6% quarter-over-quarter.
- 10 funds opened new System1 positions in Q3 2022 and 11 closed out, a net change of -1 holder.
- The largest System1 buyer in Q3 2022 was Vanguard Group, an estimated $6.59M added.
- The largest System1 seller in Q3 2022 was Invesco, an estimated $4M sold.
Based on aggregated 13F filings for Q3 2022.