Twin Ridge Capital Acquisition Corp.
TRCA
TRCA was delisted on the 2nd of November, 2023.
47 hedge funds and large institutions have $168M invested in Twin Ridge Capital Acquisition Corp. in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 10 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
0% less capital invested
Capital invested by funds: $169M → $168M (-$404K)
8% less funds holding
Funds holding: 51 → 47 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$5.42M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$2.56M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$2.17M |
| 4 |
D.E. Shaw & Co
New York
|
+$2.06M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
+$1.56M |
Top Sellers
| 1 |
HI
HBK Investments
Dallas,
Texas
|
-$7.44M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.76M |
| 3 |
CAC
Cowen and Company
New York
|
-$2.48M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$2.31M |
| 5 |
Barclays
London,
United Kingdom
|
-$595K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UOC
51
UBS O'Connor
Chicago,
Illinois
| – | -$2.31M | -232,362 | Closed |
|
|
52
Barclays
London,
United Kingdom
| – | -$595K | -59,998 | Closed |
|
|
AA
53
Ancora Advisors
Cleveland,
Ohio
| – | -$590K | -59,519 | Closed |
|
|
MSU
54
Mizuho Securities USA
New York
| – | -$554K | -55,940 | Closed |
|
|
WC
55
Wealthspring Capital
West Harrison,
New York
| – | -$271K | -27,301 | Closed |
|
|
OMC
56
Old Mission Capital
Chicago,
Illinois
| – | -$1K | -20,258 | Closed |
|
|
CCM
57
Condor Capital Management
Martinsville,
New Jersey
| – | -$24K | -2,401 | Closed |
|
TRCA Hedge Fund Activity: Q4 2022 in Review
47 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Twin Ridge Capital Acquisition Corp. (TRCA) for Q4 2022, worth a combined $168M — down 0.24% from $169M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TRCA and 6 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was HGC Investment Management, opening a new position worth an estimated $5.42M. The largest seller was HBK Investments, exiting entirely with an estimated $7.44M sold.
- 47 institutional investors held Twin Ridge Capital Acquisition Corp. (TRCA) as of Q4 2022, down from 51 in Q3 2022.
- Funds reported $168M of Twin Ridge Capital Acquisition Corp. stock for Q4 2022, down 0.24% quarter-over-quarter.
- 6 funds opened new Twin Ridge Capital Acquisition Corp. positions in Q4 2022 and 10 closed out, a net change of -4 holders.
- The largest Twin Ridge Capital Acquisition Corp. buyer in Q4 2022 was HGC Investment Management, an estimated $5.42M added.
- The largest Twin Ridge Capital Acquisition Corp. seller in Q4 2022 was HBK Investments, an estimated $7.44M sold.
Based on aggregated 13F filings for Q4 2022.