Twin Ridge Capital Acquisition Corp.
TRCA
TRCA was delisted on the 2nd of November, 2023.
37 hedge funds and large institutions have $126M invested in Twin Ridge Capital Acquisition Corp. in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
21% more capital invested
Capital invested by funds: $104M → $126M (+$21.6M)
16% more funds holding
Funds holding: 32 → 37 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$8.22M |
| 2 |
AMH
Apollo Management Holdings
New York
|
+$6.77M |
| 3 |
Millennium Management
New York
|
+$3.63M |
| 4 |
D.E. Shaw & Co
New York
|
+$3.35M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$833K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
-$2.19M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$369K |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$216K |
TRCA Hedge Fund Activity: Q3 2021 in Review
37 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Twin Ridge Capital Acquisition Corp. (TRCA) for Q3 2021, worth a combined $126M — up 21% from $104M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TRCA positions and 0 closed out — a net gain of 5 holders — while 5 added to existing stakes and 3 trimmed.
The largest buyer was Periscope Capital, opening a new position worth an estimated $8.22M. The largest seller was Verition Fund Management, cutting an estimated $2.19M.
- 37 institutional investors held Twin Ridge Capital Acquisition Corp. (TRCA) as of Q3 2021, up from 32 in Q2 2021.
- Funds reported $126M of Twin Ridge Capital Acquisition Corp. stock for Q3 2021, up 21% quarter-over-quarter.
- 5 funds opened new Twin Ridge Capital Acquisition Corp. positions in Q3 2021 and 0 closed out, a net change of +5 holders.
- The largest Twin Ridge Capital Acquisition Corp. buyer in Q3 2021 was Periscope Capital, an estimated $8.22M added.
- The largest Twin Ridge Capital Acquisition Corp. seller in Q3 2021 was Verition Fund Management, an estimated $2.19M sold.
Based on aggregated 13F filings for Q3 2021.