System1
47 hedge funds and large institutions have $41.6M invested in System1 in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 3 closing their positions.
207% more call options, than puts
Call options by funds: $1.49M | Put options by funds: $485K
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
9% more funds holding
Funds holding: 43 → 47 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.11% less ownership
Funds ownership: 36.8% → 36.69% (-0.11%)
9% less capital inflows, than outflows
Capital inflows: $1.54M | Capital outflows: $1.69M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$807K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$139K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$136K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$117K |
| 5 |
Morgan Stanley
New York
|
+$55.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.1M |
| 2 |
Cannae Holdings
Las Vegas,
Nevada
|
-$264K |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$71.6K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$71.3K |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$57.4K |
SST Hedge Fund Activity: Q3 2023 in Review
47 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in System1 (SST) for Q3 2023, worth a combined $41.6M — down 73% from $155M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SST positions and 3 closed out — a net gain of 4 holders — while 18 added to existing stakes and 12 trimmed.
The largest buyer was BlackRock, adding an estimated $807K. The largest seller was Bank of America, cutting an estimated $1.1M.
- 47 institutional investors held System1 (SST) as of Q3 2023, up from 43 in Q2 2023.
- Funds reported $41.6M of System1 stock for Q3 2023, down 73% quarter-over-quarter.
- 7 funds opened new System1 positions in Q3 2023 and 3 closed out, a net change of +4 holders.
- The largest System1 buyer in Q3 2023 was BlackRock, an estimated $807K added.
- The largest System1 seller in Q3 2023 was Bank of America, an estimated $1.1M sold.
Based on aggregated 13F filings for Q3 2023.