Twin Ridge Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant
TRCA.U
TRCA.U was delisted on the 2nd of November, 2023.
30 hedge funds and large institutions have $49.6M invested in Twin Ridge Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2021 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 7 closing their positions.
8% less capital invested
Capital invested by funds: $53.6M → $49.6M (-$4.08M)
12% less funds holding
Funds holding: 34 → 30 (-4)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$126K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$9.19K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.7K |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$20 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRF
Silver Rock Financial
Los Angeles,
California
|
-$5.73M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.96M |
| 3 |
JP Morgan Chase
New York
|
-$997K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$497K |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$458K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $34K | +$4.7K | +471 | +16% |
|
|
27
UBS Group
Zurich,
Switzerland
| $14K | +$9.19K | +922 | +205% |
|
|
SRF
28
Silver Rock Financial
Los Angeles,
California
| – | -$5.73M | -582,007 | Closed |
|
|
PC
29
Periscope Capital
Toronto,
Ontario, Canada
| – | -$1.96M | -197,737 | Closed |
|
|
30
JP Morgan Chase
New York
| – | -$997K | -99,999 | -100% |
|
|
PP
31
Paloma Partners
Greenwich,
Connecticut
| – | -$497K | -50,000 | Closed |
|
|
SSA
32
Schonfeld Strategic Advisors
New York
| – | -$458K | -46,300 | Closed |
|
|
BFM
33
Boothbay Fund Management
New York
| – | -$186K | -18,839 | Closed |
|
|
ICM
34
III Capital Management
Boca Raton,
Florida
| – | -$99K | -10,000 | Closed |
|
|
PMAM
35
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$1K | -2 | Closed |
|
TRCA.U Hedge Fund Activity: Q4 2021 in Review
30 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Twin Ridge Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (TRCA.U) for Q4 2021, worth a combined $49.6M — down 7.6% from $53.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TRCA.U and 3 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was Janus Henderson Group, adding an estimated $126K. The largest seller was Silver Rock Financial, exiting entirely with an estimated $5.73M sold.
- 30 institutional investors held Twin Ridge Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (TRCA.U) as of Q4 2021, down from 34 in Q3 2021.
- Funds reported $49.6M of Twin Ridge Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q4 2021, down 7.6% quarter-over-quarter.
- 3 funds opened new Twin Ridge Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant positions in Q4 2021 and 7 closed out, a net change of -4 holders.
- The largest Twin Ridge Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant buyer in Q4 2021 was Janus Henderson Group, an estimated $126K added.
- The largest Twin Ridge Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant seller in Q4 2021 was Silver Rock Financial, an estimated $5.73M sold.
Based on aggregated 13F filings for Q4 2021.