Vault-13

SABLE OFFSHORE CORP

*W EXP 99/99/999 · CUSIP 78574H112

15 institutional holders -16 vs Q2 2024
4,149,5124.1m shares reported held*
$48.0mreported value*
2 new 1 added 6 reduced 18 sold out net sold ≈ $52.0m (-4.0m shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $11.56. Options: 2 managers hold calls ($2.6m notional), 0 hold puts (—).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

02040Q1 24: 34Q2 24: 31Q3 24: 1515Q1 24Q2 24Q3 24
Numbers
QuarterHolders
Q1 202434
Q2 202431
Q3 202415

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q2 24: 15 bought or addedQ2 24: 9 cut or sold outQ2 24Q3 24: 3 bought or addedQ3 24: 24 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q2 2024159
Q3 2024324

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ4 23 calls: $0Q4 23 puts: $0Q4 23P/C —Q1 24 calls: $546.2kQ1 24 puts: $0Q1 24P/C 0.00Q2 24 calls: $903.9kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $2.6mQ3 24 puts: $0Q3 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2023$0$0—
Q1 2024$546.2k$00.00
Q2 2024$903.9k$00.00
Q3 2024$2.6m$00.00

Biggest buyers

PILGRIM GLOBAL ADVISORS LLC Added +703,374+703.4k
JOSH ARNOLD INVESTMENT CONSULTANT, LLC New +184,970+185.0k
Skaana Management L.P. New +79,814+79.8k

Biggest sellers

Sculptor Capital LP Sold out -1,260,830-1.3m
Aventail Capital Group, LP Sold out -778,471-778.5k
First Pacific Advisors, LP Sold out -620,874-620.9k
Shaolin Capital Management LLC Sold out -538,023-538.0k
CSS LLC/IL Sold out -420,255-420.3k
COWEN AND COMPANY, LLC Reduced -240,253-240.3k
LMR Partners LLP Sold out -192,335-192.3k
Sea Otter Advisors LLC Sold out -187,260-187.3k
K2 PRINCIPAL FUND, L.P. Sold out -166,108-166.1k
BLUEFIN CAPITAL MANAGEMENT, LLC Sold out -159,562-159.6k

Biggest calls

MILLENNIUM MANAGEMENT LLC Reduced $2.4m200.0k shares
LMR Partners LLP New $146.8k12.1k shares

Biggest puts

None

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.

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio Boston, MA 1,686,2171.7m $20.4m $20.4m 0.04% Reduced -136.2k -136,217
2 PILGRIM GLOBAL ADVISORS LLC 2.69% of their portfolio RENO, NV 1,453,3741.5m $17.6m $17.6m 2.69% Added +703.4k +703,374
3 JOSH ARNOLD INVESTMENT CONSULTANT, LLC 0.65% of their portfolio EDINA, MN 184,970185.0k $789.8k $789.8k 0.65% New
4 Inscription Capital, LLC 0.24% of their portfolio HOUSTON, TX 135,201135.2k $1.6m $1.6m 0.24% Reduced -17.0k -17,000
5 MOORE CAPITAL MANAGEMENT, LP 0.04% of their portfolio NEW YORK, NY 125,000125.0k $1.5m $1.5m 0.04% Unchanged
6 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 102,643102.6k $1.2m $1.2m 0.02% Reduced -10.8k -10,832
7 Hartree Partners, LP 0.12% of their portfolio NEW YORK, NY 100,000100.0k $427.0k $427.0k 0.12% Unchanged
8 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 90,00090.0k $1.1m $1.1m 0.00% Unchanged
9 Skaana Management L.P. 0.28% of their portfolio BROOKLYN, NY 79,81479.8k $965.7k $965.7k 0.28% New
10 DUPONT CAPITAL MANAGEMENT CORP 0.08% of their portfolio Wilmington, DE 75,00075.0k $907.5k $907.5k 0.08% Unchanged
11 MMCAP International Inc. SPC 0.13% of their portfolio GRAND CAYMAN, E9 75,00075.0k $907.5k $907.5k 0.13% Unchanged
12 COWEN AND COMPANY, LLC 0.01% of their portfolio NEW YORK, NY 20,74820.7k $251.1k $251.1k 0.01% Reduced -240.3k -240,253
13 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.02% of their portfolio Englewood, NJ 19,74119.7k $238.9k $238.9k 0.02% Reduced -2.3k -2,324
14 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,8041.8k $21.8k $21.8k 0.00% Reduced -3.6k -3,631
15 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged