Trident Acquisitions Corp. Units
TDACU
TDACU was delisted on the 29th of October, 2021.
3 hedge funds and large institutions have $1.98M invested in Trident Acquisitions Corp. Units in 2019 Q4 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, 1 reducing their positions, and 9 closing their positions.
75% less funds holding
Funds holding: 12 → 3 (-9)
96% less capital invested
Capital invested by funds: $44.6M → $1.98M (-$42.6M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 9
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$17.5M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$8.01M |
| 3 |
CIM
Cowen Investment Management
New York
|
-$6.92M |
| 4 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$3.39M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$2.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VOAM
1
Vertex One Asset Management
Vancouver,
British Columbia, Canada
| $1.24M | – | – | – |
|
|
FWSM
2
First Wilshire Securities Management
Pasadena,
California
| $732K | – | – | – |
|
|
3
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$17.5M | -1,650,000 | Closed |
|
|
GCL
4
Glazer Capital LLC
New York
| – | -$8.01M | -757,479 | Closed |
|
|
CIM
5
Cowen Investment Management
New York
| – | -$6.92M | -654,300 | Closed |
|
|
MTCM
6
Mint Tower Capital Management
Amsterdam,
Netherlands
| – | -$3.39M | -320,800 | Closed |
|
|
BFM
7
Boothbay Fund Management
New York
| – | -$2.46M | -232,800 | Closed |
|
|
CAC
8
Cowen and Company
New York
| – | -$1.73M | -163,733 | Closed |
|
|
BCM
9
Basso Capital Management
Stamford,
Connecticut
| – | -$1.58M | -149,800 | Closed |
|
10
Walleye Trading
New York
| – | -$1.03M | -97,626 | Closed |
|
11
UBS Group
Zurich,
Switzerland
| – | -$5K | -470 | Closed |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$11 | -1 | -50% |
|
TDACU Hedge Fund Activity: Q4 2019 in Review
3 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Trident Acquisitions Corp. Units (TDACU) for Q4 2019, worth a combined $1.98M — down 96% from $44.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TDACU and 0 opened new positions — a net loss of 9 holders — while 1 trimmed existing stakes and 0 added.
The largest seller was Hudson Bay Capital Management, exiting entirely with an estimated $17.5M sold.
- 3 institutional investors held Trident Acquisitions Corp. Units (TDACU) as of Q4 2019, down from 12 in Q3 2019.
- Funds reported $1.98M of Trident Acquisitions Corp. Units stock for Q4 2019, down 96% quarter-over-quarter.
- 0 funds opened new Trident Acquisitions Corp. Units positions in Q4 2019 and 9 closed out, a net change of -9 holders.
- The largest Trident Acquisitions Corp. Units seller in Q4 2019 was Hudson Bay Capital Management, an estimated $17.5M sold.
Based on aggregated 13F filings for Q4 2019.