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.
24 hedge funds and large institutions have $28.9M invested in Twin Ridge Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 24 → 24 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
2% less capital invested
Capital invested by funds: $29.6M → $28.9M (-$687K)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$4.92M |
| 2 |
EFI
EHP Funds Inc
Toronto,
Canada
|
+$256K |
| 3 |
CS
Clear Street
New York
|
+$59.7K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$7.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.49M |
| 2 |
RA
Ramius Advisors
New York
|
-$236K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$119K |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$35.4K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$23K |
TRCA.U Hedge Fund Activity: Q2 2022 in Review
24 of the 5,937 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 Q2 2022, worth a combined $28.9M — down 2.3% from $29.6M a quarter earlier.
Fund positioning in TRCA.U was balanced in Q2 2022: 2 funds opened new positions, 2 closed out, 2 added to existing stakes and 4 trimmed.
The largest buyer was HGC Investment Management, adding an estimated $4.92M. The largest seller was Magnetar Financial, cutting an estimated $1.49M.
- 24 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 Q2 2022, unchanged from Q1 2022.
- Funds reported $28.9M of Twin Ridge Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q2 2022, down 2.3% quarter-over-quarter.
- 2 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 Q2 2022 and 2 closed out, a net change of 0 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 Q2 2022 was HGC Investment Management, an estimated $4.92M 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 Q2 2022 was Magnetar Financial, an estimated $1.49M sold.
Based on aggregated 13F filings for Q2 2022.