Tortoise Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half
SHLL.U
SHLL.U was delisted on the 1st of October, 2020.
22 hedge funds and large institutions have $70.4M invested in Tortoise Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 3 closing their positions.
8% less funds holding
Funds holding: 24 → 22 (-2)
24% less capital invested
Capital invested by funds: $92.3M → $70.4M (-$21.9M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Walleye Trading
New York
|
+$253K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$10.1M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$5.04M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$5.04M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$3.01M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$301K |
SHLL.U Hedge Fund Activity: Q4 2019 in Review
22 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Tortoise Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half (SHLL.U) for Q4 2019, worth a combined $70.4M — down 24% from $92.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SHLL.U and 1 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Walleye Trading, adding an estimated $253K. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $10.1M sold.
- 22 institutional investors held Tortoise Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half (SHLL.U) as of Q4 2019, down from 24 in Q3 2019.
- Funds reported $70.4M of Tortoise Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half stock for Q4 2019, down 24% quarter-over-quarter.
- 1 fund opened new Tortoise Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half positions in Q4 2019 and 3 closed out, a net change of -2 holders.
- The largest Tortoise Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half buyer in Q4 2019 was Walleye Trading, an estimated $253K added.
- The largest Tortoise Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half seller in Q4 2019 was Alyeska Investment Group, an estimated $10.1M sold.
Based on aggregated 13F filings for Q4 2019.