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.
26 hedge funds and large institutions have $114M invested in Trine II Acquisition Corp. Units, each consisting of one Class A Ordinary Share and one-half of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 43 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
57% less capital invested
Capital invested by funds: $266M → $114M (-$152M)
61% less funds holding
Funds holding: 66 → 26 (-40)
82% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 11
93% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$29.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$96.7K |
| 3 |
Morgan Stanley
New York
|
+$16.1K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$5.01K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$242 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$20.6M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$18.3M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$15.2M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$10.3M |
| 5 |
GL
Governors Lane
New York
|
-$10.1M |
TRAQ.U Hedge Fund Activity: Q1 2022 in Review
26 of the 6,341 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 Q1 2022, worth a combined $114M — down 57% from $266M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of TRAQ.U and 3 opened new positions — a net loss of 40 holders — while 11 trimmed existing stakes and 2 added.
The largest buyer was Alberta Investment Management Corp (AIMCo), opening a new position worth an estimated $29.9M. The largest seller was Cubist Systematic Strategies, exiting entirely with an estimated $20.6M sold.
- 26 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 Q1 2022, down from 66 in Q4 2021.
- Funds reported $114M of Trine II Acquisition Corp. Units, each consisting of one Class A Ordinary Share and one-half of one redeemable warrant stock for Q1 2022, down 57% quarter-over-quarter.
- 3 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 Q1 2022 and 43 closed out, a net change of -40 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 Q1 2022 was Alberta Investment Management Corp (AIMCo), an estimated $29.9M 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 Q1 2022 was Cubist Systematic Strategies, an estimated $20.6M sold.
Based on aggregated 13F filings for Q1 2022.