Tortoise Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A common
SHLL.WS
SHLL.WS was delisted on the 1st of October, 2020.
29 hedge funds and large institutions have $83.2M invested in Tortoise Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A common in 2020 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 12 closing their positions.
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
71% more funds holding
Funds holding: 17 → 29 (+12)
67% more capital invested
Capital invested by funds: $49.9M → $83.2M (+$33.2M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UFM
Ursa Fund Management
Danville,
California
|
+$4.94M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.62M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$2.42M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
+$1.53M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$900K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$9.87M |
| 2 |
LA
Linden Advisors
New York
|
-$7.26M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$4.97M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$3.55M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$2.72M |
SHLL.WS Hedge Fund Activity: Q3 2020 in Review
29 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Tortoise Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A common (SHLL.WS) for Q3 2020, worth a combined $83.2M — up 67% from $49.9M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SHLL.WS positions and 12 closed out — a net gain of 12 holders — while 1 added to existing stakes and 3 trimmed.
The largest buyer was Ursa Fund Management, opening a new position worth an estimated $4.94M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $9.87M sold.
- 29 institutional investors held Tortoise Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A common (SHLL.WS) as of Q3 2020, up from 17 in Q2 2020.
- Funds reported $83.2M of Tortoise Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A common stock for Q3 2020, up 67% quarter-over-quarter.
- 24 funds opened new Tortoise Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A common positions in Q3 2020 and 12 closed out, a net change of +12 holders.
- The largest Tortoise Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A common buyer in Q3 2020 was Ursa Fund Management, an estimated $4.94M added.
- The largest Tortoise Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A common seller in Q3 2020 was Alyeska Investment Group, an estimated $9.87M sold.
Based on aggregated 13F filings for Q3 2020.