Angular position sensor system comprising: a cylindrical magnet rotatable about a rotation axis; and an angular position sensor device comprising: a substrate comprising a plurality of magnetic sensitive elements configured for measuring a first magnetic field component in a first direction and a second magnetic field component in a second direction perpendicular to the first direction; and a processing circuit configured for calculating the angular position; the sensor device being oriented such that the first direction is oriented in a circumferential direction, and the second direction is either parallel or orthogonal to the rotation axis; the sensor device being located at a predefined position where a magnitude of a third magnetic field component orthogonal to the first and second magnetic field component is negligible over the 360° angular range.