Sable Offshore Corp. (SOC) shareholders
SOCNYSECrude Petroleum & Natural GasFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 3/3077% below fair value
$0.73+0.11 (+17.69%)
Close on Nov 13, 2026Market cap $140.05MP/E –Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
88.5%
170M of 192M shares
Institutional holders
245
71 new, 42 sold out
Net institutional buying
34M
In Q2 2026
Insider trades, 12 months
0 buys · 11 sales
Net sold $19.09M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Darren Maupin Joint filing with Pilgrim Global Advisors LLC (12.70%), Pilgrim Global ICAV (12.60%) | 18,693,451 | 12.90% | 13G (passive) amendment | Dec 31, 2025 |
| James C. Flores | 17,670,120 | 20.50% | 13D (active) amendment | Oct 3, 2024 |
| Continental General Insurance Co Joint filing with Continental Insurance Group, Ltd. (9.30%), Continental General Holdings LLC (9.30%) and 1 more | 13,705,110 | 9.30% | 13G (passive) amendment | Mar 31, 2026 |
| Todd J. Kantor Joint filing with Encompass Capital Advisors LLC (6.29%), Encompass Capital Partners LLC (6.29%) and 1 more | 12,063,568 | 6.29% | 13G (passive) amendment | Oct 1, 2026 |
| Anand Parekh Joint filing with Alyeska Investment Group, L.P. (7.65%), Alyeska Fund GP, LLC (7.65%) | 11,091,773 | 7.65% | 13G (passive) | Dec 31, 2025 |
| Bank Of Nova Scotia | 11,044,470 | 5.49% | 13G (passive) | Sep 30, 2026 |
| Gorzynski Michael Joint filing with Continental General Insurance Co (6.90%), Continental Insurance Group, Ltd. (6.90%) and 1 more | 10,000,000 | 6.90% | 13G (passive) | Jan 27, 2026 |
| Christopher B. Sarofim | 9,977,153 | – | 13D (active) amendment | Jun 1, 2024 |
| BlackRock, Inc. | 9,126,401 | 6.20% | 13G (passive) | Mar 31, 2026 |
| FourWorld Capital Management LLC Joint filing with John Addis (5.80%) | 8,412,108 | 5.80% | 13G (passive) | Dec 31, 2025 |
| Encompass Capital Advisors LLC Joint filing with Todd J. Kantor (8.44%), Encompass Capital Partners LLC (6.71%) | 8,397,316 | 8.44% | 13G (passive) amendment | Sep 30, 2025 |
| Two Seas Capital LP Joint filing with Two Seas Capital GP LLC (5.40%), Sina Toussi (5.40%) | 8,377,636 | 5.40% | 13G (passive) | Jun 30, 2026 |
| SIG Brokerage, LP Joint filing with G1 Execution Services, LLC (7.60%), Susquehanna Securities, LLC (7.60%) | 7,550,839 | 7.60% | 13G (passive) | Sep 30, 2025 |
| FMR LLC Joint filing with Abigail P. Johnson (5.90%) | 5,822,048 | 5.90% | 13G (passive) amendment | Jun 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SOC | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Pilgrim Global Advisors LLC | 18,206,121 | 9.49% | $56.07M | – | 12.03% |
| Encompass Capital Advisors LLC | 14,448,741 | 7.53% | $44.50M | +1,000,000 | 1.58% |
| Continental General Insurance Co | 14,139,408 | 7.37% | $43.55M | +434,298 | 9.08% |
| BlackRock, Inc. | 10,667,229 | 5.56% | $32.86M | +1,308,276 | 0.00% |
| Morgan Stanley | 8,414,504 | 4.39% | $25.92M | +1,140,502 | 0.00% |
| Two Seas Capital LP | 8,377,636 | 4.37% | $25.80M | +2,880,925 | 0.51% |
| State Street Corp | 7,822,902 | 4.08% | $24.09M | +3,211,740 | 0.00% |
| FourWorld Capital Management LLC | 6,823,709 | 3.56% | $21.02M | −389,024 | 19.12% |
| Capital International Investors | 6,111,898 | 3.19% | $18.82M | −1,456,928 | 0.00% |
| Vanguard Capital Management LLC | 5,810,187 | 3.03% | $17.90M | +339,516 | 0.00% |
| Whitefort Capital Management, LP | 3,720,063 | 1.94% | $11.46M | +2,175,270 | 2.82% |
| Susquehanna International Group, Llp | 3,417,408 | 1.78% | $10.53M | +1,211,198 | 0.00% |
| Geode Capital Management, LLC | 3,341,362 | 1.74% | $10.29M | +379,498 | 0.00% |
| Citadel Advisors LLC | 3,179,070 | 1.66% | $9.79M | +2,435,474 | 0.00% |
| BW Gestao de Investimentos Ltda. | 3,014,553 | 1.57% | $9.28M | +885,448 | 0.18% |
| Redwood Capital Management, LLC | 3,000,000 | 1.56% | $9.24M | New | 1.00% |
| Verition Fund Management LLC | 2,988,811 | 1.56% | $9.21M | +945,373 | 0.05% |
| Goldman Sachs Group Inc | 2,659,293 | 1.39% | $8.19M | +743,870 | 0.00% |
| HITE Hedge Asset Management LLC | 2,555,295 | 1.33% | $7.87M | +1,840,988 | 0.43% |
| Capital World Investors | 2,430,095 | 1.27% | $7.48M | +65,994 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 245 | 170M | 88.5% | 71 / 100 | 40 / 42 | 44M | 10M |
| Q1 2026 | 222 | 137M | 71.4% | 55 / 82 | 58 / 40 | 46M | 29M |
| Q4 2025 | 211 | 128M | 66.7% | 62 / 86 | 48 / 66 | 77M | 18M |
| Q3 2025 | 218 | 70M | 36.3% | 53 / 87 | 49 / 32 | 22M | 11M |
| Q2 2025 | 198 | 59M | 30.6% | 50 / 90 | 41 / 44 | 16M | 8M |
| Q1 2025 | 194 | 51M | 26.5% | 51 / 69 | 43 / 22 | 7M | 6M |
| Q4 2024 | 169 | 50M | 25.9% | 59 / 63 | 28 / 17 | 10M | 3M |
| Q3 2024 | 130 | 43M | 22.6% | 68 / 37 | 16 / 2 | 16M | 1M |
| Q2 2024 | 66 | 32M | 16.6% | 45 / 6 | 9 / 20 | 9M | 7M |
| Q1 2024 | 41 | 30M | 15.7% | 41 / 0 | 0 / 0 | 30M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
130 funds held SOC in Q2 2026, 57% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of SOC | Value | % of fund | As of |
|---|---|---|---|---|---|
| SMALLCAP World Fund Inc | 5,781,816 | 3.01% | $17.81M | 0.02% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF | 4,576,413 | 2.39% | $14.10M | 0.48% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 4,176,658 | 2.18% | $12.86M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 3,471,426 | 1.81% | $10.69M | 0.01% | Jun 30, 2026 |
| SMALLCAP World Fund Inc | 2,525,772 | 1.32% | $7.78M | 0.01% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,505,994 | 0.78% | $4.64M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,462,376 | 0.76% | $7.74M | 0.02% | Jul 31, 2026 |
| iShares Russell 2000 Growth ETF | 1,228,037 | 0.64% | $3.78M | 0.02% | Jun 30, 2026 |
| Vanguard Energy Index Fund | 960,181 | 0.50% | $14.07M | 0.12% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 639,628 | 0.33% | $9.37M | 0.05% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 637,932 | 0.33% | $9.35M | 0.02% | May 31, 2026 |
| Schwab U.S. Small-Cap ETF | 592,437 | 0.31% | $8.68M | 0.04% | May 31, 2026 |
| Schwab Small-Cap Index Fund | 325,139 | 0.17% | $1.72M | 0.02% | Jul 31, 2026 |
| Master Small Cap Index Series | 250,218 | 0.13% | $770.67K | 0.01% | Jun 30, 2026 |
| SMALLCAP World Fund | 234,405 | 0.12% | $721.97K | 0.03% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| James C. Flores | Chairman & CEO, Director, 10% owner | 11,398,661 | 5.94% | Apr 30, 2026 |
| James Caldwell Flores | President, COO | 1,140,926 | 0.59% | Apr 30, 2026 |
| Gregory D. Patrinely | EVP, CFO | 602,051 | 0.31% | Apr 30, 2026 |
| Anthony Duenner | See Remarks | 780,176 | 0.41% | Apr 30, 2026 |
| Doss R. Bourgeois | EVP, Chief Operating Officer | 850,000 | 0.44% | Apr 29, 2025 |
| Gregory Phillip Pipkin | Director | 168,040 | 0.09% | May 8, 2026 |
| Michael E. Dillard | Director | 497,500 | 0.26% | May 8, 2026 |
| Christopher Binyon Sarofim | Director | 9,949,653 | 5.19% | May 8, 2026 |
| Global Advisors LLC Pilgrim | 10% owner | 11,085,142 | 5.78% | Nov 6, 2025 |
| Global ICAV Pilgrim | 10% owner | 12,158,197 | 6.34% | Nov 6, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Michael E. Dillard Director | May 6, 2026 | Award | +50,000 | – | – | 497,500 |
| Christopher Binyon Sarofim Director | May 6, 2026 | Award | +25,000 | – | – | 949,653 |
| Gregory Phillip Pipkin Director | May 6, 2026 | Award | +50,000 | – | – | 168,040 |
| James C. Flores Chairman & CEO, Director, 10% owner | Apr 29, 2026 | Sale | −68,792 | $13.56 | $932.82K | 8,173,661 |
| James C. Flores Chairman & CEO, Director, 10% owner | Apr 29, 2026 | Option exercise | +175,000 | – | – | 8,242,453 |
| Gregory D. Patrinely EVP, CFO | Apr 29, 2026 | Option exercise | +100,000 | – | – | 602,051 |
| Gregory D. Patrinely EVP, CFO | Apr 29, 2026 | Sale | −39,311 | $13.56 | $533.06K | 562,740 |
| Anthony Duenner See Remarks | Apr 29, 2026 | Option exercise | +100,000 | – | – | 630,176 |
| Anthony Duenner See Remarks | Apr 29, 2026 | Sale | −39,312 | $13.56 | $533.07K | 590,864 |
| James Caldwell Flores President, COO | Apr 29, 2026 | Option exercise | +100,000 | – | – | 602,051 |
| James Caldwell Flores President, COO | Apr 29, 2026 | Sale | −39,311 | $13.56 | $533.06K | 562,740 |
| James C. Flores Chairman & CEO, Director, 10% owner | Apr 28, 2026 | Option exercise | +175,000 | – | – | 8,138,750 |
| James C. Flores Chairman & CEO, Director, 10% owner | Apr 28, 2026 | Sale | −71,297 | $13.33 | $950.39K | 8,067,453 |
| Gregory D. Patrinely EVP, CFO | Apr 28, 2026 | Option exercise | +100,000 | – | – | 542,794 |
| Gregory D. Patrinely EVP, CFO | Apr 28, 2026 | Sale | −40,743 | $13.33 | $543.10K | 502,051 |
| Anthony Duenner See Remarks | Apr 28, 2026 | Sale | −40,743 | $13.33 | $543.10K | 530,176 |
| Anthony Duenner See Remarks | Apr 28, 2026 | Option exercise | +100,000 | – | – | 570,919 |
| James Caldwell Flores President, COO | Apr 28, 2026 | Option exercise | +100,000 | – | – | 542,794 |
| James Caldwell Flores President, COO | Apr 28, 2026 | Sale | −40,743 | $13.33 | $543.10K | 502,051 |
| Anthony Duenner See Remarks | Mar 31, 2026 | Sale | −279,081 | $16.69 | $4.66M | 470,919 |
| Gregory D. Patrinely EVP, CFO | Mar 31, 2026 | Sale | −279,081 | $16.69 | $4.66M | 442,794 |
| James Caldwell Flores President, COO | Mar 31, 2026 | Sale | −279,081 | $16.69 | $4.66M | 442,794 |
| Global Advisors LLC Pilgrim 10% owner | Oct 15, 2025 | Buy | +563,886 | $14.74 | $8.31M | 10,514,635 |
| Global Advisors LLC Pilgrim 10% owner | Oct 15, 2025 | Buy | +418,759 | $15.44 | $6.47M | 10,933,394 |
| Global ICAV Pilgrim 10% owner | Jul 18, 2025 | Sale | −167,175 | $21.98 | $3.67M | 9,933,394 |
| Gregory Phillip Pipkin Director | Apr 25, 2025 | Award | +25,000 | – | – | 118,040 |
| Michael E. Dillard Director | Apr 25, 2025 | Award | +25,000 | – | – | 447,500 |
| Christopher Binyon Sarofim Director, 10% owner | Apr 25, 2025 | Award | +25,000 | – | – | 924,653 |
| Global Advisors LLC Pilgrim 10% owner | Apr 17, 2025 | Sale | −143,806 | $25.37 | $3.65M | 10,100,569 |
| Gregory Phillip Pipkin Director | Nov 1, 2024 | Option exercise | +7,500 | $11.50 | $86.25K | 93,040 |
| Michael E. Dillard Director | Oct 28, 2024 | Option exercise | +267,847 | $11.50 | $3.08M | 422,500 |
| Christopher Binyon Sarofim Director, 10% owner | Oct 25, 2024 | Option exercise | +250,000 | $11.50 | $2.88M | 899,653 |
| Global Advisors LLC Pilgrim 10% owner | Oct 25, 2024 | Conversion | +1,453,374 | $11.50 | $16.71M | 10,244,375 |
| Anthony Duenner See Remarks | Oct 23, 2024 | Option exercise | +50,000 | $11.50 | $575.00K | 50,000 |
| James Caldwell Flores President | Oct 9, 2024 | Option exercise | +67,000 | $11.50 | $770.50K | 417,000 |
| James C. Flores Chairman & CEO, Director, 10% owner | Oct 3, 2024 | Buy | +600,000 | – | – | 600,000 |
| Global Advisors LLC Pilgrim 10% owner | Sep 19, 2024 | Buy | +750,000 | $20.00 | $15.00M | 8,791,001 |
| Global ICAV Pilgrim 10% owner | Aug 27, 2024 | Buy | +41,000 | $15.45 | $633.45K | 8,041,001 |
| Gregory Phillip Pipkin Director | Jun 5, 2024 | Sale | −82,238 | $14.66 | $1.21M | 85,540 |
| Gregory Phillip Pipkin Director | Jun 3, 2024 | Gift | −96,875 | – | – | 167,778 |
| Doss R. Bourgeois EVP, Chief Operating Officer | May 21, 2024 | Sale | −105,000 | $13.29 | $1.40M | 650,000 |
| James Caldwell Flores Chairman & CEO, Director, 10% owner | May 20, 2024 | Buy | +100,000 | $13.74 | $1.37M | 2,625,000 |
| Doss R. Bourgeois EVP, Chief Operating Officer | May 20, 2024 | Sale | −95,000 | $13.72 | $1.30M | 755,000 |
| James C. Flores Chairman & CEO, Director, 10% owner | May 20, 2024 | Buy | +100,000 | $13.74 | $1.37M | 2,625,000 |
| Anthony Duenner See Remarks | Apr 19, 2024 | Award | +650,000 | – | – | 750,000 |
| Gregory Phillip Pipkin Director | Apr 19, 2024 | Award | +52,778 | – | – | 264,653 |
| James Caldwell Flores President | Apr 19, 2024 | Award | +650,000 | – | – | 721,875 |
| Michael E. Dillard Director | Apr 19, 2024 | Award | +52,778 | – | – | 154,653 |
| Gregory D. Patrinely EVP, CFO | Apr 19, 2024 | Award | +650,000 | – | – | 721,875 |
| Doss R. Bourgeois EVP, Chief Operating Officer | Apr 19, 2024 | Award | +650,000 | – | – | 850,000 |
| Christopher Binyon Sarofim Director, 10% owner | Apr 19, 2024 | Award | +52,778 | – | – | 649,653 |
| Gregory Phillip Pipkin Director | Feb 14, 2024 | Buy | +100,000 | $10.00 | $1.00M | 211,875 |
| Christopher Binyon Sarofim Director, 10% owner | Feb 14, 2024 | Buy | +3,000,000 | $10.00 | $30.00M | 3,000,000 |
| Christopher Binyon Sarofim Director, 10% owner | Feb 14, 2024 | Buy | +3,000,000 | $10.00 | $30.00M | 3,000,000 |
| James Caldwell Flores President | Feb 14, 2024 | Buy | +300,000 | $10.00 | $3.00M | 371,875 |
| Gregory Phillip Pipkin Director | Feb 14, 2024 | Buy | +100,000 | $10.00 | $1.00M | 196,875 |
| James C. Flores Chairman & CEO, Director, 10% owner | Feb 14, 2024 | Buy | +2,500,000 | $10.00 | $25.00M | 2,525,000 |
| James C. Flores Chairman & CEO, Director, 10% owner | Feb 14, 2024 | Buy | +700,000 | $10.00 | $7.00M | 7,963,750 |
| James C. Flores Chairman & CEO, Director, 10% owner | Feb 14, 2024 | Award | +3,000,000 | – | – | 7,263,750 |
| James C. Flores Chairman & CEO, Director, 10% owner | Feb 13, 2024 | Buy | +8,500 | $11.73 | $99.71K | 25,000 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
30.98%
52M shares short
Days to cover
9.0
At 6M shares a day
Change since last report
-5.2%
From 54M shares
Short volume, 20 days
58.0%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Sable Offshore's stock actually held short. Settlement fails (shares not delivered on time) peaked at 660,600 shares on Sep 24, 2026 over the last 90 days.
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