SABLE OFFSHORE CORP SOC
COM SHS · Common Stock · CUSIP 78574H104
- SectorEnergy
- IndustryCrude Petroleum & Natural Gas
- HeadquartersHouston, TX
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($11.8k this quarter). Holder counts are more reliable. Shares outstanding: 191.9m as of 2026-08-07, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $3.09. Options: 32 managers hold calls ($49.7m notional), 22 hold puts ($21.3m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2024 | 42 |
| Q2 2024 | 67 |
| Q3 2024 | 131 |
| Q4 2024 | 171 |
| Q1 2025 | 195 |
| Q2 2025 | 199 |
| Q3 2025 | 218 |
| Q4 2025 | 211 |
| Q1 2026 | 222 |
| Q2 2026 | 245 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 101 | 18 |
| Q4 2024 | 116 | 45 |
| Q1 2025 | 116 | 66 |
| Q2 2025 | 138 | 84 |
| Q3 2025 | 137 | 80 |
| Q4 2025 | 141 | 112 |
| Q1 2026 | 130 | 97 |
| Q2 2026 | 166 | 81 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $639.0m | $345.8m | 0.54 |
| Q4 2025 | $157.9m | $148.6m | 0.94 |
| Q1 2026 | $131.9m | $99.2m | 0.75 |
| Q2 2026 | $49.7m | $21.3m | 0.43 |
Biggest buyers
| STATE STREET CORP | Added | +3.2m |
| REDWOOD CAPITAL MANAGEMENT, LLC | New | +3.0m |
| Two Seas Capital LP | Added | +2.9m |
| CITADEL ADVISORS LLC | Added | +2.4m |
| HRT FINANCIAL LP | New | +2.3m |
| Whitefort Capital Management, LP | Added | +2.2m |
| HITE Hedge Asset Management LLC | Added | +1.8m |
| SONA ASSET MANAGEMENT (US) LLC | New | +1.5m |
| SIH Partners, LLLP | New | +1.4m |
| Wealthspire Advisors, LLC | New | +1.3m |
Biggest sellers
| Alyeska Investment Group, L.P. | Sold out | -2.7m |
| Capital International Investors | Reduced | -1.5m |
| Aventail Capital Group, LP | Sold out | -991.7k |
| JPMORGAN CHASE & CO | Reduced | -984.6k |
| Trexquant Investment LP | Sold out | -473.5k |
| Philadelphia Financial Management of San Francisco, LLC | Sold out | -453.7k |
| BANK OF AMERICA CORP /DE/ | Reduced | -393.5k |
| FourWorld Capital Management LLC | Reduced | -389.0k |
| Kore Advisors LP | Sold out | -257.2k |
| Invesco Ltd. | Reduced | -239.5k |
Biggest calls
| Longaeva Partners L.P. | New | $8.0m2.6m shares |
| CITADEL ADVISORS LLC | Added | $7.6m2.5m shares |
| FourWorld Capital Management LLC | Added | $6.5m2.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.3m2.0m shares |
| Lighthouse Investment Partners, LLC | Added | $4.1m1.3m shares |
| GROUP ONE TRADING LLC | Reduced | $3.1m992.2k shares |
| Caption Management, LLC | Added | $3.0m980.3k shares |
| IMC-Chicago, LLC | Added | $1.9m606.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.3m430.9k shares |
| D. E. Shaw & Co., Inc. | Added | $1.2m376.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.4m2.1m shares |
| CITADEL ADVISORS LLC | Added | $2.4m794.2k shares |
| Verition Fund Management LLC | New | $2.2m720.8k shares |
| Weiss Asset Management LP | Unchanged | $2.2m700.0k shares |
| GROUP ONE TRADING LLC | Reduced | $2.1m697.7k shares |
| IMC-Chicago, LLC | Added | $1.6m524.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $940.9k305.5k shares |
| HRT FINANCIAL LP | Added | $745.0k241.9k shares |
| MILLENNIUM MANAGEMENT LLC | New | $662.2k215.0k shares |
| Walleye Trading LLC | Reduced | $496.2k161.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Pilgrim Global ICAV 13G · institution +2.4 pts · filed 2026-02-17 | 12.9% |
| CONTINENTAL GENERAL INSURANCE CO 13G · passive investor +2.4 pts · filed 2026-05-14 | 9.3% |
| Encompass Capital Advisors LLC 13G · passive investor -2.1 pts · filed 2026-10-08 | 6.3% |
| BlackRock, Inc. 13G · institution +1.6 pts · filed 2026-04-27 | 6.2% |
| FourWorld Capital Management LLC 13G · institution new · filed 2026-02-19 | 5.8% |
| BANK OF NOVA SCOTIA 13G · institution new · filed 2026-10-19 | 5.5% |
| Two Seas Capital LP 13G · institution new · filed 2026-08-14 | 5.4% |
| STATE STREET CORP 13G · institution new · filed 2026-08-07 | 5.1% |
Fell to 5% or below in the last year: MORGAN STANLEY (1.1%, 2026-09-08), Capital International Investors (4.0%, 2026-08-12), Alyeska Investment Group, L.P. (1.8%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-26), SUSQUEHANNA SECURITIES, LLC (2.3%, 2026-02-13)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 1 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 3 | $4.7m | — |
| Q2 2026 | 0 | — | 4 | $3.5m | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-04-29 | FLORES JAMES C Chairman & CEO, director | Sold | $932.8k68.8k shares |
| 2026-04-29 | Duenner Anthony Officer | Sold | $533.1k39.3k shares |
| 2026-04-29 | Patrinely Gregory D. EVP, CFO | Sold | $533.1k39.3k shares |
| 2026-04-29 | Flores James Caldwell President, COO | Sold | $533.1k39.3k shares |
| 2026-04-28 | FLORES JAMES C Chairman & CEO, director | Sold | $950.4k71.3k shares |
| 2026-04-28 | Patrinely Gregory D. EVP, CFO | Sold | $543.1k40.7k shares |
| 2026-04-28 | Duenner Anthony Officer | Sold | $543.1k40.7k shares |
| 2026-04-28 | Flores James Caldwell President, COO | Sold | $543.1k40.7k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| PILGRIM GLOBAL ADVISORS LLC 12.03% of their portfolio | 18.2m $56.1m | Unchanged |
| Encompass Capital Advisors LLC 1.92% of their portfolio | 14.4m $44.5m | Added +1.0m |
| CONTINENTAL GENERAL INSURANCE CO 9.08% of their portfolio | 14.1m $43.5m | Added +434.3k |
| BlackRock, Inc. 0.00% of their portfolio | 10.7m $32.9m | Added +1.3m |
| MORGAN STANLEY 0.00% of their portfolio | 8.4m $25.9m | Added +1.1m |
| Two Seas Capital LP 0.98% of their portfolio | 8.4m $25.8m | Added +2.9m |
| STATE STREET CORP 0.00% of their portfolio | 7.8m $24.1m | Added +3.2m |
| FourWorld Capital Management LLC 26.82% of their portfolio | 6.8m $21.0m | Reduced -389.0k |
| Capital International Investors 0.00% of their portfolio | 6.1m $18.8m | Reduced -1.5m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 5.8m $17.9m | Added +339.5k |
| Whitefort Capital Management, LP 2.82% of their portfolio | 3.7m $11.5m | Added +2.2m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 3.4m $10.5m | Added +1.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.3m $10.3m | Added +379.5k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 3.2m $9.8m | Added +2.4m |
| BW Gestao de Investimentos Ltda. 0.22% of their portfolio | 3.0m $9.3m | Added +885.4k |
| REDWOOD CAPITAL MANAGEMENT, LLC 1.00% of their portfolio | 3.0m $9.2m | New |
| Verition Fund Management LLC 0.06% of their portfolio | 3.0m $9.2m | Added +945.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.7m $8.2m | Added +743.9k |
| HITE Hedge Asset Management LLC 0.43% of their portfolio | 2.6m $7.9m | Added +1.8m |
| Capital World Investors 0.00% of their portfolio | 2.4m $7.5m | Added +66.0k |
| HRT FINANCIAL LP 0.02% of their portfolio | 2.3m $7.1m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 2.0m $6.3m | Added +126.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 2.0m $6.3m | Added +144.8k |
| UBS Group AG 0.00% of their portfolio | 1.6m $4.9m | Added +208.7k |
| SONA ASSET MANAGEMENT (US) LLC 0.17% of their portfolio | 1.5m $4.6m | New |
| BOOTHBAY FUND MANAGEMENT, LLC 0.08% of their portfolio | 1.5m $4.5m | Reduced -11.7k |
| SIH Partners, LLLP 0.18% of their portfolio | 1.4m $4.4m | New |
| Wealthspire Advisors, LLC 0.02% of their portfolio | 1.3m $4.1m | New |
| CenterBook Partners LP 0.20% of their portfolio | 1.3m $4.0m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.1m $3.4m | Added +93.4k |
| Caitong International Asset Management Co., Ltd 0.47% of their portfolio | 1.1m $3.4m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.1m $3.4m | Added +81.7k |
| XTX Topco Ltd 0.04% of their portfolio | 991.2k $3.1m | Added +860.8k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 936.5k $2.9m | Added +79.1k |
| BARCLAYS PLC 0.00% of their portfolio | 926.1k $2.9m | Added +718.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 901.6k $2.8m | Reduced -393.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 886.8k $2.7m | New |
| LPL Financial LLC 0.00% of their portfolio | 855.5k $2.6m | Added +125.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 823.7k $2.5m | New |
| PLUSTICK MANAGEMENT LLC 0.97% of their portfolio | 745.0k $2.3m | Added +70.0k |
| Weiss Asset Management LP 0.02% of their portfolio | 721.6k $2.2m | Added +393.4k |
| Covalis Capital LLP 0.10% of their portfolio | 595.9k $1.8m | New |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio | 564.4k $1.7m | New |
| Nuveen, LLC 0.00% of their portfolio | 486.1k $1.5m | Added +87.0k |
| SIR Capital Management, L.P. 0.16% of their portfolio | 457.9k $1.4m | New |
| Converium Capital Inc. 0.52% of their portfolio | 425.0k $1.3m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 377.1k $1.2m | Added +53.3k |
| TORONTO DOMINION BANK 0.00% of their portfolio | 300.0k $924.0k | Added +289.0k |
| Black Maple Capital Management LP 0.61% of their portfolio | 296.1k $912.0k | New |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 252.2k $776.9k | Reduced -11.5k |
| Yaupon Capital Management LP 0.03% of their portfolio | 250.0k $770.0k | New |
| Soviero Asset Management, LP 0.36% of their portfolio | 240.0k $739.2k | Added +160.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 236.6k $728.6k | Added +176.3k |
| BBR PARTNERS, LLC 0.03% of their portfolio | 235.9k $726.6k | Added +186.1k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 228.3k $703.2k | New |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 228.0k $702.2k | Added +79.0k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 216.7k $667.4k | Added +72.8k |
| Purpose Unlimited Inc. 0.03% of their portfolio | 216.3k $666.3k | Reduced -177.9k |
| Legacy Wealth Advisors, LLC 0.27% of their portfolio | 200.3k $617.1k | Added +100.3k |
| PICKERING ENERGY PARTNERS LP 1.71% of their portfolio | 200.0k $616.0k | Added +120.0k |
| Swiss National Bank 0.00% of their portfolio | 184.7k $568.9k | Reduced -15.3k |
| GABELLI FUNDS LLC 0.00% of their portfolio | 183.2k $564.2k | Added +100.0k |
| Union Square Park Capital Management, LLC 0.39% of their portfolio | 175.0k $539.0k | New |
| GROUP ONE TRADING LLC 0.02% of their portfolio | 171.3k $527.5k | Added +56.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 167.8k $516.8k | Reduced -5.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 162.8k $502.0k | Added +41.1k |
| LEVIN CAPITAL STRATEGIES, L.P. 0.03% of their portfolio | 157.0k $483.6k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 154.4k $475.6k | Added +30.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 152.0k $468.3k | Added +21.1k |
| IFP Advisors, Inc 0.01% of their portfolio | 151.0k $465.0k | Added +151.0k |
| Scientech Research LLC 0.37% of their portfolio | 147.8k $455.3k | New |
| Quantinno Capital Management LP 0.00% of their portfolio | 144.1k $444.0k | Added +50.7k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 126.9k $390.9k | Added +109.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 122.1k $2.0m | Unchanged |
| IMC-Chicago, LLC 0.00% of their portfolio | 118.4k $364.8k | Reduced -73.6k |
| SG Americas Securities, LLC 0.00% of their portfolio | 116.1k $358.0k | New |
| EASTERLY INVESTMENT PARTNERS LLC 0.02% of their portfolio | 110.0k $338.8k | Unchanged |
| Bleakley Financial Group, LLC 0.00% of their portfolio | 108.2k $333.1k | Added +45.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 105.9k $326.3k | Added +10.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 103.4k $318.6k | Reduced -21.9k |
| Headlands Technologies LLC 0.03% of their portfolio | 98.0k $301.7k | New |
| Tactive Advisors, LLC 0.07% of their portfolio | 87.8k $270.6k | Added +42.6k |
| Arax Advisory Partners 0.00% of their portfolio | 86.9k $267.7k | Added +86.5k |
| CITIGROUP INC 0.00% of their portfolio | 85.4k $263.0k | Added +27.3k |
| Mariner, LLC 0.00% of their portfolio | 81.3k $251.3k | Added +16.5k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 81.0k $249.6k | Added +19.5k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 79.1k $243.7k | Added +11.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 74.9k $522.1k | Reduced -984.6k |
| Invesco Ltd. 0.00% of their portfolio | 73.4k $226.0k | Reduced -239.5k |
| Jump Financial, LLC 0.00% of their portfolio | 72.7k $223.8k | New |
| Cetera Investment Advisers 0.00% of their portfolio | 70.3k $216.5k | Added +29.7k |
| LEE DANNER & BASS INC 0.01% of their portfolio | 70.0k $215.6k | Unchanged |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 66.7k $205.4k | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 64.5k $198.8k | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 61.6k $189.8k | Added +3.2k |
| Odyssean, LLC 0.03% of their portfolio | 60.6k $186.7k | New |
| Brevan Howard Capital Management LP 0.00% of their portfolio | 60.1k $185.1k | Added +15.1k |
| Thomist Capital Management, LP 0.07% of their portfolio | 59.8k $184.2k | New |
| Legal & General Group Plc 0.00% of their portfolio | 58.0k $178.8k | Reduced -5.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 57.5k $177.0k | Added +1.9k |