Alyeska reports 2.69M-share holding in Sable Offshore (SOC) on 13G/A
Rhea-AI Filing Summary
Sable Offshore Corp. ownership update: Alyeska Investment Group, L.P., Alyeska Fund GP, LLC and Anand Parekh report beneficial ownership of 2,689,789 shares of common stock, representing 1.83% of the class as of March 31, 2026.
The filing states shared voting and shared dispositive power over those 2,689,789 shares. The excerpt cites 147,244,086 shares outstanding per the Form 10-K dated February 27, 2026. The filing is a joint Schedule 13G/A; Mr. Parekh is named as a potential beneficial owner but disclaims beneficial ownership in the accompanying exhibit language.
Positive
- None.
Negative
- None.
Insights
Holding is a minor passive stake with shared control disclosures.
The filing reports a 1.83% position held through affiliated entities with shared voting and shared dispositive power for 2,689,789 shares as of March 31, 2026. This is consistent with a passive reporting treatment under Schedule 13G/A where multiple related entities file jointly.
Ownership attribution notes that Alyeska Investment Group acts as investment manager and that Anand Parekh "may be deemed the beneficial owner" but disclaims beneficial ownership. Subsequent filings would clarify any change in intent or control.
Position size is small relative to outstanding shares; limited near-term market impact.
The reported 2,689,789-share stake equals 1.83% of the 147,244,086 shares outstanding referenced from the Form 10-K dated February 27, 2026. Such a stake is typically disclosed for transparency rather than signal significant control.
Investors seeking updates should watch for amendments or a Schedule 13D filing if the holder's intent or control assertions change; timing not specified in the provided excerpt.