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.
31 hedge funds and large institutions have $97.8M 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 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 13 reducing their positions, and 38 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
52% less funds holding
Funds holding: 65 → 31 (-34)
63% less capital invested
Capital invested by funds: $264M → $97.8M (-$166M)
85% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 13
89% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$677K |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$485K |
| 3 |
Morgan Stanley
New York
|
+$88.7K |
| 4 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$20K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$18.5M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$17.5M |
| 3 |
SCM
Saba Capital Management
New York
|
-$12.4M |
| 4 |
LA
Linden Advisors
New York
|
-$10M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$10M |
STET.U Hedge Fund Activity: Q1 2022 in Review
31 of the 6,360 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 Q1 2022, worth a combined $97.8M — down 63% from $264M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of STET.U and 4 opened new positions — a net loss of 34 holders — while 13 trimmed existing stakes and 2 added.
The largest buyer was Barclays, opening a new position worth an estimated $677K. The largest seller was Citadel Advisors, cutting an estimated $18.5M.
- 31 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 Q1 2022, down from 65 in Q4 2021.
- Funds reported $97.8M 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 Q1 2022, down 63% quarter-over-quarter.
- 4 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 Q1 2022 and 38 closed out, a net change of -34 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 Q1 2022 was Barclays, an estimated $677K 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 Q1 2022 was Citadel Advisors, an estimated $18.5M sold.
Based on aggregated 13F filings for Q1 2022.