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 $40.9M 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, 3 increasing their positions, 6 reducing their positions, and 11 closing their positions.
19% less funds holding
Funds holding: 31 → 25 (-6)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
58% less capital invested
Capital invested by funds: $97.8M → $40.9M (-$56.9M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.08M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$214K |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$122K |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$108K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$31.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 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 |
STET.U Hedge Fund Activity: Q2 2022 in Review
25 of the 5,959 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 $40.9M — down 58% 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 3 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $1.08M. 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 $40.9M 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 58% 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 Virtu Financial, an estimated $1.08M 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.