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SHLL.U

Tortoise Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half

Delisted

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.

New
Increased
Maintained
Reduced
Closed

8% less funds holding

Funds holding: 2422 (-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

Holders
22
Holders Change
-2
Holders Change %
-8.33%
% of All Funds
0.43%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
1
Reduced
3
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DBC
1
Deep Basin Capital
Connecticut
$15.5M
DKCM
2
Davidson Kempner Capital Management
New York
$10.2M
BCM
3
Basso Capital Management
Connecticut
$5.09M -$3.01M -297,000 -37%
HHAM
4
HITE Hedge Asset Management
Massachusetts
$5.08M
PAMP
5
Polar Asset Management Partners
Ontario, Canada
$5.08M
MAM
6
Myriad Asset Management
Hong Kong
$3.54M
PC
7
Periscope Capital
Ontario, Canada
$3.38M
AGC
8
Angelo Gordon & Co
New York
$3.05M
CIM
9
Cowen Investment Management
New York
$3.05M
SCM
10
Shaolin Capital Management
Florida
$2.8M
OAC
11
OMERS Administration Corp
Ontario, Canada
$2.28M
Deutsche Bank
12
Deutsche Bank
Germany
$2.03M
Millennium Management
13
Millennium Management
New York
$2.03M
VOAM
14
Vertex One Asset Management
British Columbia, Canada
$2.02M
Walleye Trading
15
Walleye Trading
New York
$1.51M +$253K +24,950 +20%
Hudson Bay Capital Management
16
Hudson Bay Capital Management
Connecticut
$1.02M
Walleye Capital
17
Walleye Capital
New York
$713K -$90.2K -8,900 -11%
WAM
18
Wolverine Asset Management
Illinois
$547K
CCA
19
Castle Creek Arbitrage
Colorado
$509K
SRCM
20
Sage Rock Capital Management
New York
$509K +$507K +50,000 New
UBS Group
21
UBS Group
Switzerland
$314K -$301K -29,700 -49%
UR
22
USCA RIA
Texas
$197K
Alyeska Investment Group
23
Alyeska Investment Group
Illinois
-$10.1M -1,000,000 Closed
BCM
24
BlueCrest Capital Management
Jersey
-$5.04M -500,000 Closed
Marshall Wace
25
Marshall Wace
United Kingdom
-$5.04M -500,000 Closed

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.