ST Energy Transition I Ltd. SAIL securities, each consisting of one Class A ordinary share and one-half of one redeemable warrant
STET.U
STET.U was delisted on the 1st of June, 2023.
25 hedge funds and large institutions have $44.7M invested in ST Energy Transition I Ltd. SAIL securities, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 11 closing their positions.
19% less funds holding
Funds holding: 31 → 25 (-6)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
54% less capital invested
Capital invested by funds: $97.8M → $44.7M (-$53.1M)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
Top Sellers
| 1 |
OFCM
One Fin Capital Management
San Francisco,
California
|
-$20M |
| 2 |
KC
Kepos Capital
New York
|
-$7.02M |
| 3 |
Millennium Management
New York
|
-$6.75M |
| 4 |
SRCM
Sage Rock Capital Management
New York
|
-$6.36M |
| 5 |
SC
Sculptor Capital
New York
|
-$5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KC
26
Kepos Capital
New York
| – | -$7.02M | -700,000 | Closed |
|
|
27
Millennium Management
New York
| – | -$6.75M | -675,000 | Closed |
|
|
SRCM
28
Sage Rock Capital Management
New York
| – | -$6.36M | -636,000 | Closed |
|
|
SC
29
Sculptor Capital
New York
| – | -$5M | -500,000 | Closed |
|
|
MP
30
Mangrove Partners
Greenwich,
Connecticut
| – | -$4M | -400,000 | Closed |
|
31
Verition Fund Management
Greenwich,
Connecticut
| – | -$3.73M | -373,500 | Closed |
|
32
Marshall Wace
London,
United Kingdom
| – | -$3M | -300,000 | Closed |
|
|
COPPSERS
33
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$501K | -50,000 | Closed |
|
|
CM
34
Cohanzick Management
Pleasantville,
New York
| – | -$491K | -49,084 | Closed |
|
|
CS
35
Clear Street
New York
| – | -$2K | -170 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | +$220 | +22 | +244% |
|
STET.U Hedge Fund Activity: Q2 2022 in Review
25 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in ST Energy Transition I Ltd. SAIL securities, each consisting of one Class A ordinary share and one-half of one redeemable warrant (STET.U) for Q2 2022, worth a combined $44.7M — down 54% from $97.8M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of STET.U and 5 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was HGC Investment Management, adding an estimated $7.55M. The largest seller was One Fin Capital Management, exiting entirely with an estimated $20M sold.
- 25 institutional investors held ST Energy Transition I Ltd. SAIL securities, each consisting of one Class A ordinary share and one-half of one redeemable warrant (STET.U) as of Q2 2022, down from 31 in Q1 2022.
- Funds reported $44.7M of ST Energy Transition I Ltd. SAIL securities, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q2 2022, down 54% quarter-over-quarter.
- 5 funds opened new ST Energy Transition I Ltd. SAIL securities, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q2 2022 and 11 closed out, a net change of -6 holders.
- The largest ST Energy Transition I Ltd. SAIL securities, each consisting of one Class A ordinary share and one-half of one redeemable warrant buyer in Q2 2022 was HGC Investment Management, an estimated $7.55M added.
- The largest ST Energy Transition I Ltd. SAIL securities, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q2 2022 was One Fin Capital Management, an estimated $20M sold.
Based on aggregated 13F filings for Q2 2022.