Trepont Acquisition Corp I Units, each consisting of one Class A ordinary share and one-half of one
TACA.U
TACA.U was delisted on the 3rd of June, 2022.
25 hedge funds and large institutions have $45.9M invested in Trepont Acquisition Corp I Units, each consisting of one Class A ordinary share and one-half of one in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 14 reducing their positions, and 40 closing their positions.
59% less funds holding
Funds holding: 61 → 25 (-36)
79% less capital invested
Capital invested by funds: $220M → $45.9M (-$174M)
86% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 14
90% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.61M |
| 2 |
VF
Virtu Financial
New York
|
+$322K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$225K |
| 4 |
HA
Harbor Advisors
West Palm Beach,
Florida
|
+$107K |
| 5 |
Morgan Stanley
New York
|
+$44.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$14.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$12.8M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
-$10.4M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$10.4M |
| 5 |
LA
Linden Advisors
New York
|
-$10.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Jane Street
New York
| – | -$1.04M | -100,034 | Closed |
|
|
CIM
52
Cowen Investment Management
New York
| – | -$1.04M | -100,000 | Closed |
|
|
WA
53
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$1.04M | -100,000 | Closed |
|
|
SCM
54
Saba Capital Management
New York
| – | -$830K | -80,000 | Closed |
|
|
SSA
55
Schonfeld Strategic Advisors
New York
| – | -$825K | -79,600 | Closed |
|
56
Verition Fund Management
Greenwich,
Connecticut
| – | -$793K | -76,454 | Closed |
|
|
BCM
57
Basso Capital Management
Stamford,
Connecticut
| – | -$775K | -74,732 | Closed |
|
|
WRBC
58
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$721K | -69,574 | Closed |
|
|
MSU
59
Mizuho Securities USA
New York
| – | -$337K | -33,066 | Closed |
|
|
KC
60
KCL Capital
New York
| – | -$311K | -30,000 | Closed |
|
|
PCM
61
Prelude Capital Management
New York
| – | -$181K | -17,500 | Closed |
|
|
BFM
62
Boothbay Fund Management
New York
| – | -$128K | -12,307 | Closed |
|
|
CAC
63
Cowen and Company
New York
| – | -$114K | -11,019 | Closed |
|
|
EAM
64
Exos Asset Management
New York
| – | -$10K | -1,000 | Closed |
|
TACA.U Hedge Fund Activity: Q1 2021 in Review
25 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Trepont Acquisition Corp I Units, each consisting of one Class A ordinary share and one-half of one (TACA.U) for Q1 2021, worth a combined $45.9M — down 79% from $220M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of TACA.U and 4 opened new positions — a net loss of 36 holders — while 14 trimmed existing stakes and 2 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $1.61M. The largest seller was Castle Creek Arbitrage, exiting entirely with an estimated $14.9M sold.
- 25 institutional investors held Trepont Acquisition Corp I Units, each consisting of one Class A ordinary share and one-half of one (TACA.U) as of Q1 2021, down from 61 in Q4 2020.
- Funds reported $45.9M of Trepont Acquisition Corp I Units, each consisting of one Class A ordinary share and one-half of one stock for Q1 2021, down 79% quarter-over-quarter.
- 4 funds opened new Trepont Acquisition Corp I Units, each consisting of one Class A ordinary share and one-half of one positions in Q1 2021 and 40 closed out, a net change of -36 holders.
- The largest Trepont Acquisition Corp I Units, each consisting of one Class A ordinary share and one-half of one buyer in Q1 2021 was Goldman Sachs, an estimated $1.61M added.
- The largest Trepont Acquisition Corp I Units, each consisting of one Class A ordinary share and one-half of one seller in Q1 2021 was Castle Creek Arbitrage, an estimated $14.9M sold.
Based on aggregated 13F filings for Q1 2021.