Tech and Energy Transition Corporation Unit
TETCU
TETCU was delisted on the 28th of March, 2023.
28 hedge funds and large institutions have $51.2M invested in Tech and Energy Transition Corporation Unit in 2021 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 10 closing their positions.
15% less funds holding
Funds holding: 33 → 28 (-5)
39% less capital invested
Capital invested by funds: $83.5M → $51.2M (-$32.3M)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$996K |
| 3 |
RA
Ramius Advisors
New York
|
+$285K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$105K |
| 5 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$99.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$14.7M |
| 2 |
AMH
Apollo Management Holdings
New York
|
-$6.84M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$3.97M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.36M |
| 5 |
PCM
Prelude Capital Management
New York
|
-$2.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $3K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $3K | +$3.27K | +328 | New |
|
|
GCL
28
Glazer Capital LLC
New York
| – | -$14.7M | -1,491,124 | Closed |
|
|
AMH
29
Apollo Management Holdings
New York
| – | -$6.84M | -689,227 | Closed |
|
|
BCM
30
BlueCrest Capital Management
St Helier,
Jersey
| – | -$3.97M | -400,000 | Closed |
|
|
PC
31
Periscope Capital
Toronto,
Ontario, Canada
| – | -$3.36M | -337,864 | Closed |
|
|
PCM
32
Prelude Capital Management
New York
| – | -$2.06M | -207,274 | Closed |
|
|
OCAM
33
Owl Creek Asset Management
New York
| – | -$1.99M | -200,002 | Closed |
|
|
KSCM
34
King Street Capital Management
New York
| – | -$725K | -72,938 | Closed |
|
|
SSA
35
Schonfeld Strategic Advisors
New York
| – | -$447K | -45,000 | Closed |
|
36
Millennium Management
New York
| – | -$104K | -10,491 | Closed |
|
|
WAM
37
Wolverine Asset Management
Chicago,
Illinois
| – | -$6K | -652 | Closed |
|
TETCU Hedge Fund Activity: Q4 2021 in Review
28 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Tech and Energy Transition Corporation Unit (TETCU) for Q4 2021, worth a combined $51.2M — down 39% from $83.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TETCU and 6 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Parallax Volatility Advisers, opening a new position worth an estimated $1M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $14.7M sold.
- 28 institutional investors held Tech and Energy Transition Corporation Unit (TETCU) as of Q4 2021, down from 33 in Q3 2021.
- Funds reported $51.2M of Tech and Energy Transition Corporation Unit stock for Q4 2021, down 39% quarter-over-quarter.
- 6 funds opened new Tech and Energy Transition Corporation Unit positions in Q4 2021 and 10 closed out, a net change of -4 holders.
- The largest Tech and Energy Transition Corporation Unit buyer in Q4 2021 was Parallax Volatility Advisers, an estimated $1M added.
- The largest Tech and Energy Transition Corporation Unit seller in Q4 2021 was Glazer Capital LLC, an estimated $14.7M sold.
Based on aggregated 13F filings for Q4 2021.