Trine II Acquisition Corp.
TRAQ
TRAQ was delisted on the 1st of May, 2023.
62 hedge funds and large institutions have $304M invested in Trine II Acquisition Corp. in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 4 closing their positions.
8% more capital invested
Capital invested by funds: $281M → $304M (+$23.2M)
2% less funds holding
Funds holding: 63 → 62 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$11M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$10.3M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$6.09M |
| 4 |
Millennium Management
New York
|
+$5.86M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$5.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$6.09M |
| 2 |
GL
Governors Lane
New York
|
-$4.97M |
| 3 |
ECU
Eisler Capital (UK)
London,
United Kingdom
|
-$4.47M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$3.45M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$3.09M |
TRAQ Hedge Fund Activity: Q3 2022 in Review
62 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Trine II Acquisition Corp. (TRAQ) for Q3 2022, worth a combined $304M — up 8.3% from $281M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TRAQ and 3 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 11 added.
The largest buyer was Castle Creek Arbitrage, opening a new position worth an estimated $11M. The largest seller was Linden Advisors, cutting an estimated $6.09M.
- 62 institutional investors held Trine II Acquisition Corp. (TRAQ) as of Q3 2022, down from 63 in Q2 2022.
- Funds reported $304M of Trine II Acquisition Corp. stock for Q3 2022, up 8.3% quarter-over-quarter.
- 3 funds opened new Trine II Acquisition Corp. positions in Q3 2022 and 4 closed out, a net change of -1 holder.
- The largest Trine II Acquisition Corp. buyer in Q3 2022 was Castle Creek Arbitrage, an estimated $11M added.
- The largest Trine II Acquisition Corp. seller in Q3 2022 was Linden Advisors, an estimated $6.09M sold.
Based on aggregated 13F filings for Q3 2022.