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.
14 hedge funds and large institutions have $86.2M invested in Trine II Acquisition Corp. Units, each consisting of one Class A Ordinary Share and one-half of one redeemable warrant in 2022 Q3 according to their latest regulatory filings, with funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less capital invested
Capital invested by funds: $98.4M → $86.2M (-$12.2M)
30% less funds holding
Funds holding: 20 → 14 (-6)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$10.9M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
-$2.49M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$20K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.73K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$6.42K |
TRAQ.U Hedge Fund Activity: Q3 2022 in Review
14 of the 5,806 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 Q3 2022, worth a combined $86.2M — down 12% from $98.4M 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 2 trimmed existing stakes and 0 added.
The largest seller was Castle Creek Arbitrage, exiting entirely with an estimated $10.9M sold.
- 14 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 Q3 2022, down from 20 in Q2 2022.
- Funds reported $86.2M of Trine II Acquisition Corp. Units, each consisting of one Class A Ordinary Share and one-half of one redeemable warrant stock for Q3 2022, down 12% 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 Q3 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 seller in Q3 2022 was Castle Creek Arbitrage, an estimated $10.9M sold.
Based on aggregated 13F filings for Q3 2022.