Twin Ridge Capital Acquisition Corp.
TRCA
TRCA was delisted on the 2nd of November, 2023.
51 hedge funds and large institutions have $168M invested in Twin Ridge Capital Acquisition Corp. in 2022 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 7 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
6% more funds holding
Funds holding: 48 → 51 (+3)
5% more capital invested
Capital invested by funds: $160M → $168M (+$8.71M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$8.33M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$4.05M |
| 3 |
CAC
Cowen and Company
New York
|
+$2.46M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$2.4M |
| 5 |
Millennium Management
New York
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$7.18M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.18M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$2M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.29M |
| 5 |
CCFM
Cohen & Co Financial Management
New York
|
-$982K |
TRCA Hedge Fund Activity: Q3 2022 in Review
51 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Twin Ridge Capital Acquisition Corp. (TRCA) for Q3 2022, worth a combined $168M — up 5.5% from $160M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TRCA positions and 7 closed out — a net gain of 3 holders — while 8 added to existing stakes and 5 trimmed.
The largest buyer was Glazer Capital LLC, adding an estimated $8.33M. The largest seller was Goldman Sachs, cutting an estimated $7.18M.
- 51 institutional investors held Twin Ridge Capital Acquisition Corp. (TRCA) as of Q3 2022, up from 48 in Q2 2022.
- Funds reported $168M of Twin Ridge Capital Acquisition Corp. stock for Q3 2022, up 5.5% quarter-over-quarter.
- 10 funds opened new Twin Ridge Capital Acquisition Corp. positions in Q3 2022 and 7 closed out, a net change of +3 holders.
- The largest Twin Ridge Capital Acquisition Corp. buyer in Q3 2022 was Glazer Capital LLC, an estimated $8.33M added.
- The largest Twin Ridge Capital Acquisition Corp. seller in Q3 2022 was Goldman Sachs, an estimated $7.18M sold.
Based on aggregated 13F filings for Q3 2022.