Trinity Merger Corp. Unit
TMCXU
TMCXU was delisted on the 14th of November, 2019.
18 hedge funds and large institutions have $42.6M invested in Trinity Merger Corp. Unit in 2019 Q1 according to their latest regulatory filings, with funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 2 closing their positions.
18% less funds holding
Funds holding: 22 → 18 (-4)
21% less capital invested
Capital invested by funds: $53.9M → $42.6M (-$11.2M)
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$815 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$3.94M |
| 2 |
TCM
Tenor Capital Management
New York
|
-$1.55M |
| 3 |
Walleye Trading
New York
|
-$996K |
| 4 |
CI
Cowen Inc
New York
|
-$791K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$372K |
TMCXU Hedge Fund Activity: Q1 2019 in Review
18 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Trinity Merger Corp. Unit (TMCXU) for Q1 2019, worth a combined $42.6M — down 21% from $53.9M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of TMCXU and 0 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 1 added.
The largest buyer was Morgan Stanley, adding an estimated $815. The largest seller was Castle Creek Arbitrage, exiting entirely with an estimated $3.94M sold.
- 18 institutional investors held Trinity Merger Corp. Unit (TMCXU) as of Q1 2019, down from 22 in Q4 2018.
- Funds reported $42.6M of Trinity Merger Corp. Unit stock for Q1 2019, down 21% quarter-over-quarter.
- 0 funds opened new Trinity Merger Corp. Unit positions in Q1 2019 and 2 closed out, a net change of -2 holders.
- The largest Trinity Merger Corp. Unit buyer in Q1 2019 was Morgan Stanley, an estimated $815 added.
- The largest Trinity Merger Corp. Unit seller in Q1 2019 was Castle Creek Arbitrage, an estimated $3.94M sold.
Based on aggregated 13F filings for Q1 2019.