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43 hedge funds and large institutions have $155M invested in System1 in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 3 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

433% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 3

143% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 7

104% more call options, than puts

Call options by funds: $5.55M | Put options by funds: $2.72M

30% more funds holding

Funds holding: 3343 (+10)

12% more capital invested

Capital invested by funds: $138M → $155M (+$16.6M)

0.17% more ownership

Funds ownership: 3.51%3.68% (+0.17%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
43
Holders Change
+10
Holders Change %
+30.3%
% of All Funds
0.68%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
16
Reduced
3
Closed
7
Calls
$5.55M
Puts
$2.72M
Net Calls
+$2.83M
Net Calls Change
+$719K
Name Holding Trade Value Shares
Change
Change in
Stake
CH
1
Cannae Holdings
Nevada
$122M
Bank of America
2
Bank of America
North Carolina
$9.76M -$135K -3,560 -2%
BlackRock
3
BlackRock
New York
$7.18M +$5.04M +133,241 +505%
Vanguard Group
4
Vanguard Group
Pennsylvania
$5.4M +$371K +9,810 +9%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$1.95M +$960K +25,371 +141%
State Street
6
State Street
Massachusetts
$1.67M +$1.11M +29,456 +383%
BJL
7
Brighton Jones LLC
Washington
$1.06M +$890K +23,539 New
PRCP
8
Pacific Ridge Capital Partners
Oregon
$1.06M +$1.67K +44 +0.2%
Northern Trust
9
Northern Trust
Illinois
$863K +$588K +15,538 +427%
Charles Schwab
10
Charles Schwab
California
$720K +$216K +5,713 +56%
Cerity Partners
11
Cerity Partners
New York
$533K
Bank of New York Mellon
12
Bank of New York Mellon
New York
$417K +$239K +6,329 +216%
QL
13
Quarry LP
New York
$272K
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$233K +$47.5K +1,256 +32%
Goldman Sachs
15
Goldman Sachs
New York
$156K +$52.9K +1,399 +68%
N
16
Nuveen
North Carolina
$154K +$129K +3,411 New
Morgan Stanley
17
Morgan Stanley
New York
$141K +$110K +2,919 +1,417%
RhumbLine Advisers
18
RhumbLine Advisers
Massachusetts
$109K +$91.9K +2,428 New
Group One Trading
19
Group One Trading
Illinois
$108K +$4.58K +121 +5%
Jane Street
20
Jane Street
New York
$105K -$20K -528 -18%
New York State Common Retirement Fund
21
New York State Common Retirement Fund
New York
$99.9K +$84K +2,220 New
JP Morgan Chase
22
JP Morgan Chase
New York
$94.7K +$79.6K +2,104 New
Mirae Asset Global Investments
23
Mirae Asset Global Investments
South Korea
$71.6K +$60.2K +1,591 New
T. Rowe Price Associates
24
T. Rowe Price Associates
Maryland
$65K +$54.3K +1,435 New
UBS Group
25
UBS Group
Switzerland
$64.5K +$42.7K +1,128 +370%

SST Hedge Fund Activity: Q2 2023 in Review

43 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in System1 (SST) for Q2 2023, worth a combined $155M — up 12% from $138M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new SST positions and 7 closed out — a net gain of 10 holders — while 16 added to existing stakes and 3 trimmed.

The largest buyer was BlackRock, adding an estimated $5.04M. The largest seller was Huber Capital Management, exiting entirely with an estimated $1.31M sold.

  • 43 institutional investors held System1 (SST) as of Q2 2023, up from 33 in Q1 2023.
  • Funds reported $155M of System1 stock for Q2 2023, up 12% quarter-over-quarter.
  • 17 funds opened new System1 positions in Q2 2023 and 7 closed out, a net change of +10 holders.
  • The largest System1 buyer in Q2 2023 was BlackRock, an estimated $5.04M added.
  • The largest System1 seller in Q2 2023 was Huber Capital Management, an estimated $1.31M sold.

Based on aggregated 13F filings for Q2 2023.