Vault-13

STEM INC

COM · CUSIP 85859N102

235 institutional holders +15 vs Q3 2022
91,302,08391.3m shares reported held*
$816.2mreported value*
43 new 74 added 69 reduced 35 sold out net bought ≈ $61.0m (+6.8m 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 ($2.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.94. Options: 16 managers hold calls ($23.8m notional), 19 hold puts ($17.1m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 220Q4 22: 235235Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022220
Q4 2022235

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 22 calls: $46.3mQ3 22 puts: $18.1mQ3 22P/C 0.39Q4 22 calls: $23.8mQ4 22 puts: $17.1mQ4 22P/C 0.72
Numbers
QuarterCallsPutsP/C
Q3 2022$46.3m$18.1m0.39
Q4 2022$23.8m$17.1m0.72

Biggest buyers

SCHRODER INVESTMENT MANAGEMENT GROUP Added +3,033,830+3.0m
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC Added +1,097,804+1.1m
MILLENNIUM MANAGEMENT LLC New +1,040,895+1.0m
WELLINGTON MANAGEMENT GROUP LLP Added +993,051+993.1k
TORTOISE CAPITAL ADVISORS, L.L.C. Added +706,421+706.4k
VAN ECK ASSOCIATES CORP Added +523,790+523.8k
Skandinaviska Enskilda Banken AB (publ) New +512,060+512.1k
ALLIANCEBERNSTEIN L.P. Added +382,569+382.6k
GILDER GAGNON HOWE & CO LLC Added +368,160+368.2k
HITE Hedge Asset Management LLC Added +318,585+318.6k

Biggest sellers

JANUS HENDERSON GROUP PLC Reduced -1,301,921-1.3m
CITADEL ADVISORS LLC Reduced -624,753-624.8k
Burleson & Company, LLC Reduced -546,477-546.5k
Trexquant Investment LP Reduced -445,087-445.1k
Temasek Holdings (Private) Ltd Sold out -412,424-412.4k
NORGES BANK Reduced -349,810-349.8k
ALKEON CAPITAL MANAGEMENT LLC Reduced -342,506-342.5k
HRT FINANCIAL LP Sold out -324,951-325.0k
JANE STREET GROUP, LLC Reduced -294,323-294.3k
Invesco Ltd. Reduced -279,446-279.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.4m717.7k shares
GROUP ONE TRADING LLC Reduced $3.8m429.3k shares
CITADEL ADVISORS LLC Reduced $3.6m400.4k shares
SIMPLEX TRADING, LLC Reduced $2.7m303.7k shares
Parallax Volatility Advisers, L.P. Reduced $1.8m205.5k shares
WOLVERINE TRADING, LLC Reduced $1.4m158.5k shares
JANE STREET GROUP, LLC Reduced $1.3m144.1k shares
PEAK6 Investments LLC Reduced $977.1k109.3k shares
Walleye Trading LLC Added $666.0k74.5k shares
NOMURA HOLDINGS INC Added $618.0k69.2k shares

Biggest puts

FOURSIXTHREE CAPITAL LP First filing $5.9m664.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.4m268.5k shares
Point72 Asset Management, L.P. Added $2.2m250.0k shares
CITADEL ADVISORS LLC Added $1.8m200.9k shares
Parallax Volatility Advisers, L.P. Reduced $989.7k110.7k shares
TWO SIGMA INVESTMENTS, LP Unchanged $670.5k75.0k shares
JANE STREET GROUP, LLC Reduced $621.3k69.5k shares
WOLVERINE TRADING, LLC Added $514.0k57.5k shares
GROUP ONE TRADING LLC Added $464.9k52.0k shares
D. E. Shaw & Co., Inc. Reduced $366.5k41.0k 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.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 13,642,66213.6m $122.0m $122.0m 0.00% Added +11.6k +11,584
2 BlackRock Inc. 0.00% of their portfolio New York, NY 9,202,2909.2m $82.3m $82.3m 0.00% Added +298.0k +298,007
3 SCHRODER INVESTMENT MANAGEMENT GROUP 0.09% of their portfolio London, X0 6,111,5116.1m $54.6m $54.6m 0.09% Added +3.0m +3,033,830
4 Electron Capital Partners, LLC 1.93% of their portfolio NEW YORK, NY 4,839,2714.8m $43.3m $43.3m 1.93% Reduced -93.2k -93,174
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,059,0503.1m $27.3m $27.3m 0.00% Added +19.2k +19,182
6 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,564,2792.6m $22.9m $22.9m 0.00% Added +90.6k +90,627
7 Encompass Capital Advisors LLC 1.22% of their portfolio New York, NY 2,483,8112.5m $22.2m $22.2m 1.22% Reduced -16.2k -16,189
8 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 2,292,1902.3m $20.5m $20.5m 0.00% Added +993.1k +993,051
9 ALKEON CAPITAL MANAGEMENT LLC 0.15% of their portfolio New York, NY 2,198,4502.2m $19.7m $19.7m 0.15% Reduced -342.5k -342,506
10 TORTOISE CAPITAL ADVISORS, L.L.C. 0.29% of their portfolio OVERLAND PARK, KS 2,197,1572.2m $19.6m $19.6m 0.29% Added +706.4k +706,421
11 VAN ECK ASSOCIATES CORP 0.04% of their portfolio NEW YORK, NY 1,716,5161.7m $15.3m $15.3m 0.04% Added +523.8k +523,790
12 Erste Asset Management GmbH 0.30% of their portfolio VIENNA, C4 1,593,9461.6m $14.1m $14.1m 0.30% Added +220.0k +220,037
13 HITE Hedge Asset Management LLC 1.10% of their portfolio BRAINTREE, MA 1,491,4021.5m $13.3m $13.3m 1.10% Added +318.6k +318,585
14 SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 0.94% of their portfolio Boston, MA 1,437,7801.4m $12.9m $12.9m 0.94% Added +1.1m +1,097,804
15 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,364,1051.4m $12.2m $12.2m 0.00% Reduced -279.4k -279,446
16 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 1,327,1751.3m $11.9m $11.9m 0.00% Reduced -84.6k -84,584
17 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 1,324,4021.3m $11.8m $11.8m 0.01% First filing
18 CIBC Private Wealth Group LLC 0.04% of their portfolio ATLANTA, GA 1,279,1151.3m $11.4m $11.4m 0.04% Added +268.6k +268,591
19 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 1,268,8951.3m $11.3m $11.3m 0.01% Reduced -1.3m -1,301,921
20 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,259,6511.3m $11.3m $11.3m 0.00% Added +1.8k +1,757
21 GILDER GAGNON HOWE & CO LLC 0.20% of their portfolio New York, NY 1,218,0951.2m $10.9m $10.9m 0.20% Added +368.2k +368,160
22 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio CHICAGO, IL 1,208,3181.2m $10.8m $10.8m 0.04% Added +9.5k +9,533
23 DECADE RENEWABLE PARTNERS LP 3.71% of their portfolio HOUSTON, TX 1,110,3001.1m $9.9m $9.9m 3.71% First filing
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,077,3591.1m $9.6m $9.6m 0.00% Added +27.8k +27,827
25 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 1,040,8951.0m $9.3m $9.3m 0.01% New
26 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 969,247969.2k $8.7m $8.7m 0.01% Reduced -155.7k -155,725
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 958,675958.7k $8.6m $8.6m 0.00% Reduced -3.1k -3,095
28 LEVIN CAPITAL STRATEGIES, L.P. 1.05% of their portfolio NEW YORK, NY 868,876868.9k $7.8m $7.8m 1.05% Added +48.7k +48,655
29 ALPS ADVISORS INC 0.07% of their portfolio Denver, CO 832,553832.6k $7.4m $7.4m 0.07% Reduced -126.2k -126,196
30 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 824,400824.4k $7.4m $7.4m 0.03% Added +61.4k +61,406
31 ARDSLEY ADVISORY PARTNERS LP 1.86% of their portfolio Norwalk, CT 820,000820.0k $7.3m $7.3m 1.86% Added +295.0k +295,000
32 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 761,172761.2k $6.8m $6.8m 0.00% Added +89.9k +89,923
33 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 751,794751.8k $6.7m $6.7m 0.00% Reduced -3.8k -3,813
34 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 723,010723.0k $6.5m $6.5m 0.02% Added +152.3k +152,261
35 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 687,566687.6k $6.1m $6.1m 0.00% Added +14.4k +14,414
36 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 618,340618.3k $5.5m $5.5m 0.00% Reduced -146.7k -146,685
37 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 583,195583.2k $5.2m $5.2m 0.00% Added +382.6k +382,569
38 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 566,105566.1k $5.1m $5.1m 0.00% Added +64.9k +64,864
39 G2 Investment Partners Management LLC 1.46% of their portfolio New York, NY 551,000551.0k $4.9m $4.9m 1.46% Reduced -35.7k -35,735
40 Telemark Asset Management, LLC 0.75% of their portfolio BOSTON, MA 550,000550.0k $4.9m $4.9m 0.75% Added +200.0k +200,000
41 Skandinaviska Enskilda Banken AB (publ) 0.03% of their portfolio STOCKHOLM, V7 512,060512.1k $4.6m $4.6m 0.03% New
42 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 471,334471.3k $4.2m $4.2m 0.00% Added +251.1k +251,060
43 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 385,334385.3k $3.4m $3.4m 0.01% Added +28.1k +28,140
44 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 352,945352.9k $3.2m $3.2m 0.00% Reduced -624.8k -624,753
45 NOMURA HOLDINGS INC 0.03% of their portfolio TOKYO, M0 350,292350.3k $3.1m $3.1m 0.03% Added +3.0k +3,017
46 Amundi 0.00% of their portfolio Paris, I0 348,500348.5k $3.2m $3.2m 0.00% Reduced -23.9k -23,905
47 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 311,850311.9k $2.8m $2.8m 0.01% Reduced -11.4k -11,375
48 E. Ohman J:or Asset Management AB 0.12% of their portfolio STOCKHOLM, V7 310,900310.9k $2.8m $2.8m 0.12% Added +257.9k +257,900
49 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 306,729306.7k $2.7m $2.7m 0.00% Added +36.1k +36,058
50 Arosa Capital Management LP 0.82% of their portfolio MIAMI BEACH, FL 301,300301.3k $2.7m $2.7m 0.82% Added +51.3k +51,300
51 Clear Sky Carbon Solutions Investment Management, LLC 1.20% of their portfolio BELLAIRE, TX 300,000300.0k $2.7m $2.7m 1.20% Added +205.0k +205,000
52 TWINBEECH CAPITAL LP 0.05% of their portfolio PURCHASE, NY 281,410281.4k $2.5m $2.5m 0.05% Added +188.2k +188,193
53 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 277,584277.6k $2.5m $2.5m 0.02% Reduced -61.7k -61,680
54 NICOLA WEALTH MANAGEMENT LTD. 0.25% of their portfolio VANCOUVER, A1 275,000275.0k $2.5m $2.5m 0.25% Unchanged
55 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 250,279250.3k $2.2m $2.2m 0.00% New
56 Swiss Life Asset Management Ltd 0.04% of their portfolio Zurich, V8 249,451249.5k $2.2m $2.2m 0.04% New
57 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio JUPITER, FL 239,490239.5k $2.1m $2.1m 0.01% Added +178.7k +178,662
58 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 232,857232.9k $2.1m $2.1m 0.01% Added +106.4k +106,432
59 Trexquant Investment LP 0.06% of their portfolio STAMFORD, CT 229,694229.7k $2.1m $2.1m 0.06% Reduced -445.1k -445,087
60 Cubist Systematic Strategies, LLC 0.02% of their portfolio STAMFORD, CT 225,166225.2k $2.0m $2.0m 0.02% Added +154.4k +154,379
61 ESSEX INVESTMENT MANAGEMENT CO LLC 0.31% of their portfolio BOSTON, MA 224,216224.2k $2.0m $2.0m 0.31% Added +160.4k +160,442
62 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.19% of their portfolio DALLAS, TX 219,312219.3k $2.0m $2.0m 0.19% Added +28.6k +28,650
63 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 218,046218.0k $1.9m $1.9m 0.01% Added +11.4k +11,429
64 TIEDEMANN ADVISORS, LLC 0.09% of their portfolio NEW YORK, NY 217,940217.9k $1.9m $1.9m 0.09% Unchanged
65 TT International Asset Management LTD 0.18% of their portfolio LONDON, X0 206,569206.6k $1.8m $1.8m 0.18% Added +64.2k +64,247
66 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 196,687196.7k $1.8m $1.8m 0.00% Added +5.0k +5,014
67 BOOTHBAY FUND MANAGEMENT, LLC 0.05% of their portfolio NEW YORK, NY 190,578190.6k $1.7m $1.7m 0.05% Added +77.5k +77,506
68 Burleson & Company, LLC 0.34% of their portfolio Petaluma, CA 153,585153.6k $1.4m $1.4m 0.34% Reduced -546.5k -546,477
69 Swiss National Bank 0.00% of their portfolio ZURICH, V8 149,000149.0k $1.3m $1.3m 0.00% Added +2.7k +2,700
70 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 142,443142.4k $1.3m $1.3m 0.00% Added +101.8k +101,819
71 Ulland Investment Advisors, LLC 1.45% of their portfolio MINNEAPOLIS, MN 136,140136.1k $1.2m $1.2m 1.45% Reduced -1.6k -1,605
72 UBS Group AG 0.00% of their portfolio ZURICH, V8 127,638127.6k $1.1m $1.1m 0.00% Added +79.6k +79,554
73 Insight Wealth Strategies, LLC 0.21% of their portfolio SAN RAMON, CA 124,027124.0k $1.1m $1.1m 0.21% New
74 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 114,265114.3k $1.0m $1.0m 0.00% Added +18.9k +18,928
75 Vontobel Holding Ltd. 0.01% of their portfolio ZURICH, V8 114,060114.1k $1.0m $1.0m 0.01% New
76 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 112,936112.9k $1.0m $1.0m 0.01% Reduced -15.0k -14,955
77 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 111,141111.1k $993.6k $993.6k 0.00% Added +1.1k +1,141
78 Legal & General Group Plc 0.00% of their portfolio London, X0 107,667107.7k $962.6k $962.6k 0.00% Added +406 +406
79 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 101,229101.2k $905.0k $905.0k 0.00% Reduced -34 -34
80 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.01% of their portfolio FRANKFORT, KY 101,088101.1k $904.0k $904.0k 0.01% Added +64.3k +64,300
81 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 76,95877.0k $688.0k $688.0k 0.01% Unchanged
82 Aquatic Capital Management LLC 0.05% of their portfolio CHICAGO, IL 76,90076.9k $689.0k $689.0k 0.05% New
83 Quantbot Technologies LP 0.05% of their portfolio NEW YORK, NY 73,09373.1k $653.5k $653.5k 0.05% New
84 Parallax Volatility Advisers, L.P. 0.02% of their portfolio San Francisco, CA 73,00473.0k $652.7k $652.7k 0.02% Added +37.3k +37,289
85 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 69,34669.3k $620.0k $620.0k 0.00% Reduced -939 -939
86 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 68,41068.4k $611.6k $611.6k 0.01% Reduced -5.6k -5,571
87 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 68,17868.2k $609.5k $609.5k 0.00% Reduced -248 -248
88 ETF MANAGERS GROUP, LLC 0.03% of their portfolio Summit, NJ 64,58364.6k $577.4k $577.4k 0.03% Added +2.4k +2,350
89 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 61,09561.1k $546.2k $546.2k 0.00% Reduced -2.6k -2,557
90 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 60,00360.0k $536.0k $536.0k 0.00% Reduced -3.3k -3,327
91 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 58,27558.3k $521.0k $521.0k 0.00% Reduced -1.5k -1,452
92 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 57,88457.9k $517.5k $517.5k 0.00% Added +3.0k +3,031
93 SEVEN EIGHT CAPITAL, LP 0.13% of their portfolio New York, NY 57,70857.7k $515.9k $515.9k 0.13% New
94 Engineers Gate Manager LP 0.03% of their portfolio NEW YORK, NY 55,11555.1k $492.7k $492.7k 0.03% Added +36.6k +36,631
95 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 55,11055.1k $492.7k $492.7k 0.00% Unchanged
96 FLPUTNAM INVESTMENT MANAGEMENT CO 0.02% of their portfolio PORTLAND, ME 53,64953.6k $479.6k $479.6k 0.02% Added +801 +801
97 GSA CAPITAL PARTNERS LLP 0.06% of their portfolio LONDON, X0 51,53251.5k $461.0k $461.0k 0.06% Reduced -11.1k -11,059
98 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 51,03151.0k $456.0k $456.0k 0.00% Reduced -7.0k -6,993
99 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 49,89149.9k $446.0k $446.0k 0.00% Reduced -294.3k -294,323
100 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 48,69748.7k $435.4k $435.4k 0.02% Reduced -23.3k -23,263