ST Energy Transition I Ltd. Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50, included as part of the SAIL securities
STET.WS
STET.WS was delisted on the 26th of May, 2023.
34 hedge funds and large institutions have $2.14M invested in ST Energy Transition I Ltd. Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50, included as part of the SAIL securities in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 4 closing their positions.
6% less funds holding
Funds holding: 36 → 34 (-2)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
34% less capital invested
Capital invested by funds: $3.25M → $2.14M (-$1.12M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
+$115K |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$60.8K |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$40.1K |
| 4 |
FSI
Flow State Investments
Chicago,
Illinois
|
+$12.3K |
| 5 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$10.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
-$88.7K |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$21.2K |
| 3 |
SC
Sculptor Capital
New York
|
-$15.8K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$7.46K |
| 5 |
CS
Clear Street
New York
|
-$3.64K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Walleye Capital
New York
| $13.2K | – | – | – |
|
|
DCM
27
Difesa Capital Management
New York
| $12.8K | – | – | – |
|
|
DCM
28
Dupont Capital Management
Wilmington,
Delaware
| $8.5K | – | – | – |
|
29
Walleye Trading
New York
| $7.65K | – | – | – |
|
30
Goldman Sachs
New York
| $7.21K | – | – | – |
|
|
WA
31
Whitebox Advisors
Minneapolis,
Minnesota
| $6.38K | – | – | – |
|
|
SSA
32
Schonfeld Strategic Advisors
New York
| $4.67K | – | – | – |
|
|
OAC
33
OMERS Administration Corp
Toronto,
Ontario, Canada
| $4.25K | – | – | – |
|
|
TCM
34
Tenor Capital Management
New York
| $4.25K | – | – | – |
|
|
CS
35
Clear Street
New York
| $13 | -$3.64K | -23,640 | -100% |
|
|
ECP
36
Empyrean Capital Partners
Los Angeles,
California
| – | -$21.2K | -353,524 | Closed |
|
|
WAM
37
Wolverine Asset Management
Chicago,
Illinois
| – | -$7.46K | -124,389 | Closed |
|
|
COPPSERS
38
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$2K | -25,000 | Closed |
|
|
FIG
39
Fortress Investment Group
New York
| – | -$1.11K | -18,529 | Closed |
|
STET.WS Hedge Fund Activity: Q1 2023 in Review
34 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in ST Energy Transition I Ltd. Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50, included as part of the SAIL securities (STET.WS) for Q1 2023, worth a combined $2.14M — down 34% from $3.25M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of STET.WS and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 2 added.
The largest buyer was Fort Baker Capital Management, opening a new position worth an estimated $115K. The largest seller was Parallax Volatility Advisers, cutting an estimated $88.7K.
- 34 institutional investors held ST Energy Transition I Ltd. Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50, included as part of the SAIL securities (STET.WS) as of Q1 2023, down from 36 in Q4 2022.
- Funds reported $2.14M of ST Energy Transition I Ltd. Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50, included as part of the SAIL securities stock for Q1 2023, down 34% quarter-over-quarter.
- 3 funds opened new ST Energy Transition I Ltd. Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50, included as part of the SAIL securities positions in Q1 2023 and 4 closed out, a net change of -1 holder.
- The largest ST Energy Transition I Ltd. Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50, included as part of the SAIL securities buyer in Q1 2023 was Fort Baker Capital Management, an estimated $115K added.
- The largest ST Energy Transition I Ltd. Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50, included as part of the SAIL securities seller in Q1 2023 was Parallax Volatility Advisers, an estimated $88.7K sold.
Based on aggregated 13F filings for Q1 2023.