Technology & Telecommunication Acquisition Corporation Class A Ordinary Shares
TETE
TETE was delisted on the 22nd of January, 2025.
22 hedge funds and large institutions have $32.5M invested in Technology & Telecommunication Acquisition Corporation Class A Ordinary Shares in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 0 increasing their positions, 7 reducing their positions, and 24 closing their positions.
42% less funds holding
Funds holding: 38 → 22 (-16)
67% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 24
68% less capital invested
Capital invested by funds: $103M → $32.5M (-$70.2M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
+$2.1M |
| 2 |
Walleye Capital
New York
|
+$1.72M |
| 3 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$1.05M |
| 4 |
Walleye Trading
New York
|
+$639K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$248K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$9.36M |
| 2 |
SCM
Saba Capital Management
New York
|
-$6.69M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$6.37M |
| 4 |
Millennium Management
New York
|
-$5.16M |
| 5 |
D.E. Shaw & Co
New York
|
-$4.73M |
TETE Hedge Fund Activity: Q1 2023 in Review
22 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Technology & Telecommunication Acquisition Corporation Class A Ordinary Shares (TETE) for Q1 2023, worth a combined $32.5M — down 68% from $103M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of TETE and 8 opened new positions — a net loss of 16 holders — while 7 trimmed existing stakes and 0 added.
The largest buyer was Owl Creek Asset Management, opening a new position worth an estimated $2.1M. The largest seller was First Trust Capital Management, exiting entirely with an estimated $9.36M sold.
- 22 institutional investors held Technology & Telecommunication Acquisition Corporation Class A Ordinary Shares (TETE) as of Q1 2023, down from 38 in Q4 2022.
- Funds reported $32.5M of Technology & Telecommunication Acquisition Corporation Class A Ordinary Shares stock for Q1 2023, down 68% quarter-over-quarter.
- 8 funds opened new Technology & Telecommunication Acquisition Corporation Class A Ordinary Shares positions in Q1 2023 and 24 closed out, a net change of -16 holders.
- The largest Technology & Telecommunication Acquisition Corporation Class A Ordinary Shares buyer in Q1 2023 was Owl Creek Asset Management, an estimated $2.1M added.
- The largest Technology & Telecommunication Acquisition Corporation Class A Ordinary Shares seller in Q1 2023 was First Trust Capital Management, an estimated $9.36M sold.
Based on aggregated 13F filings for Q1 2023.