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TRCA.U

Twin Ridge Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant
TRCA.U

Delisted

TRCA.U was delisted on the 2nd of November, 2023.

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20 hedge funds and large institutions have $19.4M 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 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% less funds holding

Funds holding: 24 → 20 (-4)

31% less capital invested

Capital invested by funds: $28M → $19.4M (-$8.56M)

60% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 5

80% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 5

Holders
20
Holders Change
-4
Holders Change %
-16.67%
% of All Funds
0.34%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
1
Increased
2
Reduced
5
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CSS
Cubist Systematic Strategies
Connecticut
+$134K
2
Jane Street
Jane Street
New York
+$62.3K
3
UBS Group
UBS Group
Switzerland
+$11.8K

Top Sellers

Rank Fund Capital Flow
1
MF
Magnetar Financial
Illinois
-$4.04M
2
Calamos Advisors
Calamos Advisors
Illinois
-$2.46M
3
IPCP
Iron Park Capital Partners
New York
-$982K
4
SMA
Sage Mountain Advisors
Georgia
-$692K
5
Janus Henderson Group
Janus Henderson Group
-$440K

TRCA.U Hedge Fund Activity: Q3 2022 in Review

20 of the 5,829 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 Q3 2022, worth a combined $19.4M — down 31% from $28M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of TRCA.U and 1 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 2 added.

The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $134K. The largest seller was Magnetar Financial, exiting entirely with an estimated $4.04M sold.

  • 20 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 Q3 2022, down from 24 in Q2 2022.
  • Funds reported $19.4M of Twin Ridge Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q3 2022, down 31% quarter-over-quarter.
  • 1 fund 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 Q3 2022 and 5 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 Q3 2022 was Cubist Systematic Strategies, an estimated $134K 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 Q3 2022 was Magnetar Financial, an estimated $4.04M sold.

Based on aggregated 13F filings for Q3 2022.