Translational Development Acquisition Corp
TDAC
35 hedge funds and large institutions have $154M invested in Translational Development Acquisition Corp in 2026 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 15 reducing their positions, and 19 closing their positions.
10% less capital invested
Capital invested by funds: $172M → $154M (-$17.5M)
10.6% less ownership
Funds ownership: 94.11% → 83.51% (-11%)
27% less funds holding
Funds holding: 48 → 35 (-13)
60% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 15
68% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kryger Capital
London,
United Kingdom
|
+$12.2M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$8.79M |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$7.08M |
| 4 |
LA
Linden Advisors
New York
|
+$5.87M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
+$3.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$6.86M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.37M |
| 3 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$3.7M |
| 4 |
D.E. Shaw & Co
New York
|
-$3.66M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.27M |
TDAC Hedge Fund Activity: Q2 2026 in Review
35 of the 8,320 institutional investors tracked by Wall St. Rank reported a position in Translational Development Acquisition Corp (TDAC) for Q2 2026, worth a combined $154M — down 10% from $172M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of TDAC and 6 opened new positions — a net loss of 13 holders — while 15 trimmed existing stakes and 6 added.
The largest buyer was Kryger Capital, opening a new position worth an estimated $12.2M. The largest seller was Hudson Bay Capital Management, exiting entirely with an estimated $6.86M sold.
- 35 institutional investors held Translational Development Acquisition Corp (TDAC) as of Q2 2026, down from 48 in Q1 2026.
- Funds reported $154M of Translational Development Acquisition Corp stock for Q2 2026, down 10% quarter-over-quarter.
- 6 funds opened new Translational Development Acquisition Corp positions in Q2 2026 and 19 closed out, a net change of -13 holders.
- The largest Translational Development Acquisition Corp buyer in Q2 2026 was Kryger Capital, an estimated $12.2M added.
- The largest Translational Development Acquisition Corp seller in Q2 2026 was Hudson Bay Capital Management, an estimated $6.86M sold.
Based on aggregated 13F filings for Q2 2026.