Trine II Acquisition Corp. Units, each consisting of one Class A Ordinary Share and one-half of one redeemable warrant
TRAQ.U
TRAQ.U was delisted on the 1st of May, 2023.
20 hedge funds and large institutions have $98.4M invested in Trine II Acquisition Corp. Units, each consisting of one Class A Ordinary Share and one-half of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less capital invested
Capital invested by funds: $114M → $98.4M (-$15.8M)
23% less funds holding
Funds holding: 26 → 20 (-6)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$12K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$752 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.02M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.75M |
| 3 |
Millennium Management
New York
|
-$1.5M |
| 4 |
JP Morgan Chase
New York
|
-$1.01M |
| 5 |
AGC
Angelo Gordon & Co
New York
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Tudor Investment Corp
Stamford,
Connecticut
| – | -$175K | -17,334 | Closed |
|
TRAQ.U Hedge Fund Activity: Q2 2022 in Review
20 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Trine II Acquisition Corp. Units, each consisting of one Class A Ordinary Share and one-half of one redeemable warrant (TRAQ.U) for Q2 2022, worth a combined $98.4M — down 14% from $114M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TRAQ.U and 0 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Wolverine Asset Management, adding an estimated $12K. The largest seller was Mangrove Partners, exiting entirely with an estimated $2.02M sold.
- 20 institutional investors held Trine II Acquisition Corp. Units, each consisting of one Class A Ordinary Share and one-half of one redeemable warrant (TRAQ.U) as of Q2 2022, down from 26 in Q1 2022.
- Funds reported $98.4M of Trine II Acquisition Corp. Units, each consisting of one Class A Ordinary Share and one-half of one redeemable warrant stock for Q2 2022, down 14% quarter-over-quarter.
- 0 funds opened new Trine II Acquisition Corp. Units, each consisting of one Class A Ordinary Share and one-half of one redeemable warrant positions in Q2 2022 and 6 closed out, a net change of -6 holders.
- The largest Trine II Acquisition Corp. Units, each consisting of one Class A Ordinary Share and one-half of one redeemable warrant buyer in Q2 2022 was Wolverine Asset Management, an estimated $12K added.
- The largest Trine II Acquisition Corp. Units, each consisting of one Class A Ordinary Share and one-half of one redeemable warrant seller in Q2 2022 was Mangrove Partners, an estimated $2.02M sold.
Based on aggregated 13F filings for Q2 2022.