Vault-13

STEM INC

COM · CUSIP 85859N102

228 institutional holders +0 vs Q1 2023
106,176,626106.2m shares reported held*
$607.4mreported value*
42 new 88 added 59 reduced 41 sold out net bought ≈ $26.2m (+6.9m 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 ($1.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $5.72. Options: 18 managers hold calls ($24.0m notional), 18 hold puts ($21.0m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 220Q4 22: 235Q1 23: 228Q2 23: 228228Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022220
Q4 2022235
Q1 2023228
Q2 2023228

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 117 bought or addedQ4 22: 104 cut or sold outQ4 22Q1 23: 133 bought or addedQ1 23: 106 cut or sold outQ1 23Q2 23: 130 bought or addedQ2 23: 100 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022117104
Q1 2023133106
Q2 2023130100

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 0.72Q1 23 calls: $14.0mQ1 23 puts: $12.7mQ1 23P/C 0.90Q2 23 calls: $24.0mQ2 23 puts: $21.0mQ2 23P/C 0.88
Numbers
QuarterCallsPutsP/C
Q3 2022$46.3m$18.1m0.39
Q4 2022$23.8m$17.1m0.72
Q1 2023$14.0m$12.7m0.90
Q2 2023$24.0m$21.0m0.88

Biggest buyers

BNP PARIBAS ASSET MANAGEMENT Holding S.A. New +3,070,141+3.1m
Electron Capital Partners, LLC New +3,069,261+3.1m
SCHRODER INVESTMENT MANAGEMENT GROUP Added +2,662,438+2.7m
CIBC Private Wealth Group LLC Added +2,333,042+2.3m
BlackRock Inc. Added +1,263,049+1.3m
GOLDMAN SACHS GROUP INC Added +1,104,193+1.1m
ALKEON CAPITAL MANAGEMENT LLC Added +904,731+904.7k
CITIGROUP INC Added +859,019+859.0k
NOMURA HOLDINGS INC Added +812,529+812.5k
HSBC HOLDINGS PLC New +710,722+710.7k

Biggest sellers

CITADEL ADVISORS LLC Reduced -3,516,493-3.5m
Encompass Capital Advisors LLC Sold out -2,208,815-2.2m
FMR LLC Reduced -1,324,931-1.3m
JANUS HENDERSON GROUP PLC Reduced -1,208,622-1.2m
MILLENNIUM MANAGEMENT LLC Reduced -1,089,389-1.1m
WELLINGTON MANAGEMENT GROUP LLP Reduced -817,569-817.6k
Qube Research & Technologies Ltd Sold out -766,608-766.6k
DECADE RENEWABLE PARTNERS LP Reduced -492,118-492.1k
BARCLAYS PLC Reduced -451,316-451.3k
TWO SIGMA INVESTMENTS, LP Reduced -436,913-436.9k

Biggest calls

CITADEL ADVISORS LLC Added $6.3m1.1m shares
GROUP ONE TRADING LLC Added $3.4m599.1k shares
JANE STREET GROUP, LLC Added $3.1m538.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.5m435.9k shares
CAPITAL FUND MANAGEMENT S.A. Added $2.4m427.8k shares
SIMPLEX TRADING, LLC Added $2.1m373.5k shares
Cubist Systematic Strategies, LLC Added $1.2m215.0k shares
Caption Management, LLC Unchanged $715.0k125.0k shares
Walleye Trading LLC Added $713.3k124.7k shares
WOLVERINE TRADING, LLC Reduced $623.7k110.2k shares

Biggest puts

GOLDMAN SACHS GROUP INC Added $5.5m954.1k shares
WOLVERINE ASSET MANAGEMENT LLC Added $3.8m669.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.7m469.1k shares
Sculptor Capital LP New $2.3m400.0k shares
Cubist Systematic Strategies, LLC Added $1.5m257.1k shares
CITADEL ADVISORS LLC Reduced $980.4k171.4k shares
SIMPLEX TRADING, LLC Reduced $789.0k138.0k shares
Caption Management, LLC Unchanged $715.0k125.0k shares
BANK OF AMERICA CORP /DE/ New $677.2k118.4k shares
Point72 Asset Management, L.P. Reduced $572.0k100.0k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 13,764,13413.8m $78.7m $78.7m 0.00% Reduced -12.4k -12,377
2 SCHRODER INVESTMENT MANAGEMENT GROUP 0.09% of their portfolio London, X0 10,632,25410.6m $60.8m $60.8m 0.09% Added +2.7m +2,662,438
3 BlackRock Inc. 0.00% of their portfolio New York, NY 10,569,52410.6m $60.5m $60.5m 0.00% Added +1.3m +1,263,049
4 CIBC Private Wealth Group LLC 0.04% of their portfolio ATLANTA, GA 5,608,8085.6m $32.1m $32.1m 0.04% Added +2.3m +2,333,042
5 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 3,477,4613.5m $19.9m $19.9m 0.00% Reduced -817.6k -817,569
6 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,280,8413.3m $18.8m $18.8m 0.00% Added +185.2k +185,211
7 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio Paris, I0 3,070,1413.1m $17.6m $17.6m 0.05% New
8 Electron Capital Partners, LLC 0.93% of their portfolio NEW YORK, NY 3,069,2613.1m $17.6m $17.6m 0.93% New
9 ALKEON CAPITAL MANAGEMENT LLC 0.10% of their portfolio New York, NY 2,888,6122.9m $16.5m $16.5m 0.10% Added +904.7k +904,731
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,827,1642.8m $16.2m $16.2m 0.00% Added +145.3k +145,294
11 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 2,426,1202.4m $13.9m $13.9m 0.00% Added +347.5k +347,497
12 Erste Asset Management GmbH 0.20% of their portfolio VIENNA, C4 1,975,7852.0m $11.2m $11.2m 0.20% Added +272.9k +272,869
13 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,818,7451.8m $10.4m $10.4m 0.00% Added +1.1m +1,104,193
14 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio CHICAGO, IL 1,608,6111.6m $9.2m $9.2m 0.03% Added +16.7k +16,732
15 VAN ECK ASSOCIATES CORP 0.02% of their portfolio NEW YORK, NY 1,599,2561.6m $9.1m $9.1m 0.02% Reduced -115.7k -115,720
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,428,5891.4m $8.2m $8.2m 0.00% Reduced -198.4k -198,446
17 ARDSLEY ADVISORY PARTNERS LP 1.81% of their portfolio Norwalk, CT 1,403,0001.4m $8.0m $8.0m 1.81% Added +73.0k +73,000
18 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,299,2551.3m $7.4m $7.4m 0.00% Added +39.8k +39,840
19 Autonomy Capital (Jersey) L.P. 6.06% of their portfolio ST. HELIER, Y9 1,159,3181.2m $6.6m $6.6m 6.06% Added +609.3k +609,318
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,088,7901.1m $6.2m $6.2m 0.00% Added +8.8k +8,835
21 NOMURA HOLDINGS INC 0.06% of their portfolio TOKYO, M0 1,014,5011.0m $5.8m $5.8m 0.06% Added +812.5k +812,529
22 LEVIN CAPITAL STRATEGIES, L.P. 0.67% of their portfolio NEW YORK, NY 1,008,4111.0m $5.8m $5.8m 0.67% Added +195.2k +195,232
23 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 977,616977.6k $5.6m $5.6m 0.01% Reduced -436.9k -436,913
24 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 945,037945.0k $5.4m $5.4m 0.01% Added +859.0k +859,019
25 HITE Hedge Asset Management LLC 0.62% of their portfolio BRAINTREE, MA 940,775940.8k $5.4m $5.4m 0.62% Added +19.0k +18,968
26 NORGES BANK 0.00% of their portfolio OSLO, Q8 937,318937.3k $5.4m $5.4m 0.00% Added +138.5k +138,461
27 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 926,723926.7k $5.3m $5.3m 0.01% Reduced -4.0k -3,951
28 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 852,628852.6k $4.9m $4.9m 0.00% Added +64.0k +63,984
29 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 794,729794.7k $4.5m $4.5m 0.02% First filing
30 UBS Group AG 0.00% of their portfolio ZURICH, V8 766,530766.5k $4.4m $4.4m 0.00% Added +497.8k +497,752
31 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 710,722710.7k $4.2m $4.2m 0.00% New
32 Amundi 0.00% of their portfolio Paris, I0 708,837708.8k $4.1m $4.1m 0.00% Added +360.3k +360,337
33 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 693,662693.7k $4.0m $4.0m 0.00% Added +267.3k +267,270
34 COHEN & STEERS, INC. 0.01% of their portfolio NEW YORK, NY 637,750637.8k $3.6m $3.6m 0.01% Unchanged
35 ALPS ADVISORS INC 0.03% of their portfolio Denver, CO 632,638632.6k $3.6m $3.6m 0.03% Reduced -24.2k -24,231
36 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 619,135619.1k $3.5m $3.5m 0.00% Added +142.3k +142,289
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 603,059603.1k $3.4m $3.4m 0.00% Added +92.9k +92,873
38 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 595,147595.1k $3.4m $3.4m 0.00% Reduced -451.3k -451,316
39 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.33% of their portfolio DALLAS, TX 592,461592.5k $3.4m $3.4m 0.33% Added +492.5k +492,461
40 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 583,500583.5k $3.3m $3.3m 0.00% Reduced -72.1k -72,136
41 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 551,883551.9k $3.2m $3.2m 0.01% Added +263.1k +263,078
42 NICOLA WEALTH MANAGEMENT LTD. 0.31% of their portfolio VANCOUVER, A1 550,000550.0k $3.1m $3.1m 0.31% Added +50.0k +50,000
43 Maytree Asset Management Ltd 3.15% of their portfolio HONG KONG, K3 545,422545.4k $3.1m $3.1m 3.15% Added +8.4k +8,422
44 Skandinaviska Enskilda Banken AB (publ) 0.02% of their portfolio STOCKHOLM, V7 537,097537.1k $3.1m $3.1m 0.02% Reduced -8.7k -8,655
45 Lombard Odier Asset Management (USA) Corp 0.34% of their portfolio New York, NY 525,000525.0k $3.0m $3.0m 0.34% Added +75.0k +75,000
46 Vontobel Holding Ltd. 0.03% of their portfolio ZURICH, V8 502,900502.9k $2.9m $2.9m 0.03% Reduced -54.4k -54,369
47 Rock Point Advisors, LLC 0.93% of their portfolio BURLINGTON, VT 493,110493.1k $2.8m $2.8m 0.93% Added +126.1k +126,110
48 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 486,510486.5k $2.8m $2.8m 0.00% Reduced -79.3k -79,309
49 Swiss Life Asset Management Ltd 0.04% of their portfolio Zurich, V8 440,865440.9k $2.5m $2.5m 0.04% Added +41.8k +41,810
50 MIZUHO MARKETS AMERICAS LLC 0.18% of their portfolio NEW YORK, NY 439,790439.8k $2.5m $2.5m 0.18% Added +123.8k +123,790
51 Yaupon Capital Management LP 0.34% of their portfolio NEW YORK, NY 435,037435.0k $2.5m $2.5m 0.34% Added +245.9k +245,927
52 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 429,486429.5k $2.5m $2.5m 0.00% Reduced -100.3k -100,349
53 Jump Financial, LLC 0.09% of their portfolio Chicago, IL 418,868418.9k $2.4m $2.4m 0.09% Added +34.1k +34,083
54 DECADE RENEWABLE PARTNERS LP 1.10% of their portfolio HOUSTON, TX 416,082416.1k $2.4m $2.4m 1.10% Reduced -492.1k -492,118
55 Sculptor Capital LP 0.06% of their portfolio New York, NY 400,000400.0k $2.3m $2.3m 0.06% New
56 E. Ohman J:or Asset Management AB 0.08% of their portfolio STOCKHOLM, V7 400,000400.0k $2.3m $2.3m 0.08% Reduced -115.2k -115,200
57 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 387,466387.5k $2.2m $2.2m 0.00% Reduced -279.1k -279,068
58 Swedbank AB 0.00% of their portfolio STOCKHOLM, V7 386,100386.1k $2.2m $2.2m 0.00% Reduced -432.7k -432,700
59 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 337,166337.2k $1.9m $1.9m 0.01% Reduced -252.9k -252,901
60 Swiss National Bank 0.00% of their portfolio ZURICH, V8 319,700319.7k $1.8m $1.8m 0.00% Added +186.3k +186,300
61 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 271,799271.8k $1.6m $1.6m 0.00% Reduced -3.5m -3,516,493
62 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 267,887267.9k $1.5m $1.5m 0.00% Reduced -1.1m -1,089,389
63 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 248,274248.3k $1.4m $1.4m 0.00% Added +40.3k +40,262
64 TIEDEMANN ADVISORS, LLC 0.05% of their portfolio NEW YORK, NY 217,940217.9k $1.2m $1.2m 0.05% Unchanged
65 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 217,358217.4k $1.2m $1.2m 0.01% Reduced -227.0k -227,034
66 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 208,687208.7k $1.2m $1.2m 0.00% Reduced -13.9k -13,888
67 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 202,153202.2k $1.2m $1.2m 0.00% Added +7.1k +7,053
68 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 176,580176.6k $1.0m $1.0m 0.00% Added +68.7k +68,707
69 GSA CAPITAL PARTNERS LLP 0.10% of their portfolio LONDON, X0 174,659174.7k $999.0k $999.0k 0.10% Added +103.9k +103,925
70 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 166,870166.9k $954.5k $954.5k 0.01% Added +112.7k +112,744
71 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 162,580162.6k $930.0k $930.0k 0.00% Reduced -216.5k -216,543
72 Symmetry Investments LP 0.26% of their portfolio ST HELIER, Y9 159,900159.9k $914.6k $914.6k 0.26% Added +49.0k +49,000
73 Insight Wealth Strategies, LLC 0.17% of their portfolio SAN RAMON, CA 157,107157.1k $898.7k $898.7k 0.17% Added +4.3k +4,252
74 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 150,112150.1k $858.6k $858.6k 0.00% Reduced -16.3k -16,300
75 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 131,007131.0k $749.4k $749.4k 0.00% Added +202 +202
76 Legal & General Group Plc 0.00% of their portfolio London, X0 130,100130.1k $744.2k $744.2k 0.00% Added +21.3k +21,296
77 Perigon Wealth Management, LLC 0.03% of their portfolio SAN FRANCISCO, CA 128,012128.0k $732.2k $732.2k 0.03% New
78 CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio PARIS, I0 125,516125.5k $718.0k $718.0k 0.01% New
79 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 123,137123.1k $717.1k $717.1k 0.00% Added +50.9k +50,902
80 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 111,004111.0k $634.9k $634.9k 0.00% Added +39.6k +39,575
81 Nebula Research & Development LLC 0.47% of their portfolio New York, NY 108,997109.0k $623.5k $623.5k 0.47% New
82 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 107,705107.7k $616.1k $616.1k 0.00% Reduced -40.0k -39,959
83 Caption Management, LLC 0.10% of their portfolio OKLAHOMA CITY, OK 101,000101.0k $577.7k $577.7k 0.10% New
84 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 93,65893.7k $535.7k $535.7k 0.00% Added +17.2k +17,247
85 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 88,26888.3k $500.5k $500.5k 0.00% Unchanged
86 PLUSTICK MANAGEMENT LLC 0.38% of their portfolio CHARLOTTESVILLE, VA 80,00080.0k $457.6k $457.6k 0.38% New
87 Point72 Europe (London) LLP 0.06% of their portfolio LONDON, X0 77,76377.8k $444.8k $444.8k 0.06% New
88 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 77,39877.4k $442.7k $442.7k 0.00% Added +22.9k +22,919
89 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 76,95877.0k $440.2k $440.2k 0.00% Unchanged
90 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 76,52376.5k $438.0k $438.0k 0.00% Added +8.2k +8,179
91 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 74,95775.0k $429.1k $429.1k 0.00% Reduced -1.2m -1,208,622
92 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 70,46070.5k $403.0k $403.0k 0.00% Reduced -1.8k -1,800
93 Ulland Investment Advisors, LLC 0.41% of their portfolio MINNEAPOLIS, MN 70,24070.2k $402.0k $402.0k 0.41% Reduced -11.8k -11,755
94 IPG Investment Advisors LLC 0.09% of their portfolio SAN DIEGO, CA 70,00070.0k $400.4k $400.4k 0.09% New
95 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 68,74068.7k $393.2k $393.2k 0.00% New
96 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 68,57168.6k $392.2k $392.2k 0.00% Reduced -991 -991
97 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 66,85666.9k $382.0k $382.0k 0.00% Added +11.1k +11,100
98 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 63,76163.8k $364.7k $364.7k 0.01% Reduced -1.5k -1,483
99 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 58,75158.8k $336.1k $336.1k 0.00% Added +577 +577
100 DNB Asset Management AS 0.00% of their portfolio Oslo, Q8 57,09657.1k $326.6k $326.6k 0.00% Reduced -802 -802