Tech and Energy Transition Corporation Unit
TETCU
TETCU was delisted on the 28th of March, 2023.
33 hedge funds and large institutions have $83.5M invested in Tech and Energy Transition Corporation Unit in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 15 closing their positions.
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
20% less capital invested
Capital invested by funds: $104M → $83.5M (-$20.8M)
25% less funds holding
Funds holding: 44 → 33 (-11)
67% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
+$1.99M |
| 2 |
PCM
Prelude Capital Management
New York
|
+$1.96M |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$286K |
| 4 |
HF
HRT Financial
New York
|
+$143K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$91.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$11.4M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$6.75M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$6M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$5M |
| 5 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$3.99M |
TETCU Hedge Fund Activity: Q3 2021 in Review
33 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Tech and Energy Transition Corporation Unit (TETCU) for Q3 2021, worth a combined $83.5M — down 20% from $104M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TETCU and 5 opened new positions — a net loss of 10 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Owl Creek Asset Management, opening a new position worth an estimated $1.99M. The largest seller was Millennium Management, cutting an estimated $11.4M.
- 33 institutional investors held Tech and Energy Transition Corporation Unit (TETCU) as of Q3 2021, down from 44 in Q2 2021.
- Funds reported $83.5M of Tech and Energy Transition Corporation Unit stock for Q3 2021, down 20% quarter-over-quarter.
- 5 funds opened new Tech and Energy Transition Corporation Unit positions in Q3 2021 and 15 closed out, a net change of -10 holders.
- The largest Tech and Energy Transition Corporation Unit buyer in Q3 2021 was Owl Creek Asset Management, an estimated $1.99M added.
- The largest Tech and Energy Transition Corporation Unit seller in Q3 2021 was Millennium Management, an estimated $11.4M sold.
Based on aggregated 13F filings for Q3 2021.