Twin Ridge Capital Acquisition Corp.
TRCA
TRCA was delisted on the 2nd of November, 2023.
43 hedge funds and large institutions have $156M invested in Twin Ridge Capital Acquisition Corp. in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 4 reducing their positions, and 4 closing their positions.
225% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 4
125% more capital inflows, than outflows
Capital inflows: $25.5M | Capital outflows: $11.3M
6.81% more ownership
Funds ownership: 67.77% → 74.58% (+6.8%)
0% more funds holding
Funds holding: 43 → 43 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$9.73M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$6.89M |
| 3 |
SC
Sculptor Capital
New York
|
+$3M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$1.98M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$7.61M |
| 2 |
AMH
Apollo Management Holdings
New York
|
-$1.26M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$977K |
| 4 |
CIM
Cowen Investment Management
New York
|
-$969K |
| 5 |
D.E. Shaw & Co
New York
|
-$274K |
TRCA Hedge Fund Activity: Q1 2022 in Review
43 of the 6,362 institutional investors tracked by Wall St. Rank reported a position in Twin Ridge Capital Acquisition Corp. (TRCA) for Q1 2022, worth a combined $156M — up 11% from $140M a quarter earlier.
Fund positioning in TRCA was balanced in Q1 2022: 4 funds opened new positions, 4 closed out, 13 added to existing stakes and 4 trimmed.
The largest buyer was Aristeia Capital, opening a new position worth an estimated $9.73M. The largest seller was RP Investment Advisors, exiting entirely with an estimated $7.61M sold.
- 43 institutional investors held Twin Ridge Capital Acquisition Corp. (TRCA) as of Q1 2022, unchanged from Q4 2021.
- Funds reported $156M of Twin Ridge Capital Acquisition Corp. stock for Q1 2022, up 11% quarter-over-quarter.
- 4 funds opened new Twin Ridge Capital Acquisition Corp. positions in Q1 2022 and 4 closed out, a net change of 0 holders.
- The largest Twin Ridge Capital Acquisition Corp. buyer in Q1 2022 was Aristeia Capital, an estimated $9.73M added.
- The largest Twin Ridge Capital Acquisition Corp. seller in Q1 2022 was RP Investment Advisors, an estimated $7.61M sold.
Based on aggregated 13F filings for Q1 2022.