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.
11 hedge funds and large institutions have $39.7M invested in Trine II Acquisition Corp. Units, each consisting of one Class A Ordinary Share and one-half of one redeemable warrant in 2022 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less funds holding
Funds holding: 14 → 11 (-3)
54% less capital invested
Capital invested by funds: $86.2M → $39.7M (-$46.5M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$152K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$10 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$30.1M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$15M |
| 3 |
DCM
Difesa Capital Management
New York
|
-$2.03M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$263K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15.7K |
TRAQ.U Hedge Fund Activity: Q4 2022 in Review
11 of the 6,222 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 Q4 2022, worth a combined $39.7M — down 54% from $86.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TRAQ.U and 1 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $152K. The largest seller was Alberta Investment Management Corp (AIMCo), exiting entirely with an estimated $30.1M sold.
- 11 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 Q4 2022, down from 14 in Q3 2022.
- Funds reported $39.7M of Trine II Acquisition Corp. Units, each consisting of one Class A Ordinary Share and one-half of one redeemable warrant stock for Q4 2022, down 54% quarter-over-quarter.
- 1 fund opened new Trine II Acquisition Corp. Units, each consisting of one Class A Ordinary Share and one-half of one redeemable warrant positions in Q4 2022 and 4 closed out, a net change of -3 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 Q4 2022 was Virtu Financial, an estimated $152K 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 Q4 2022 was Alberta Investment Management Corp (AIMCo), an estimated $30.1M sold.
Based on aggregated 13F filings for Q4 2022.