ST Energy Transition I Ltd.
STET
STET was delisted on the 7th of June, 2023.
53 hedge funds and large institutions have $275M invested in ST Energy Transition I Ltd. in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
12% more capital invested
Capital invested by funds: $245M → $275M (+$29.9M)
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
5% less funds holding
Funds holding: 56 → 53 (-3)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$17.2M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$16.3M |
| 3 |
RL
RPO LLC
Stamford,
Connecticut
|
+$14.3M |
| 4 |
D.E. Shaw & Co
New York
|
+$10.9M |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$9.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFCM
One Fin Capital Management
San Francisco,
California
|
-$20.4M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$10.7M |
| 3 |
SC
Sculptor Capital
New York
|
-$9.3M |
| 4 |
HCM
Highbridge Capital Management
New York
|
-$8.67M |
| 5 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$7.23M |
STET Hedge Fund Activity: Q1 2023 in Review
53 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in ST Energy Transition I Ltd. (STET) for Q1 2023, worth a combined $275M — up 12% from $245M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of STET and 12 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was First Trust Capital Management, opening a new position worth an estimated $17.2M. The largest seller was One Fin Capital Management, exiting entirely with an estimated $20.4M sold.
- 53 institutional investors held ST Energy Transition I Ltd. (STET) as of Q1 2023, down from 56 in Q4 2022.
- Funds reported $275M of ST Energy Transition I Ltd. stock for Q1 2023, up 12% quarter-over-quarter.
- 12 funds opened new ST Energy Transition I Ltd. positions in Q1 2023 and 14 closed out, a net change of -2 holders.
- The largest ST Energy Transition I Ltd. buyer in Q1 2023 was First Trust Capital Management, an estimated $17.2M added.
- The largest ST Energy Transition I Ltd. seller in Q1 2023 was One Fin Capital Management, an estimated $20.4M sold.
Based on aggregated 13F filings for Q1 2023.