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.
2 hedge funds and large institutions have $502 invested in Twin Ridge Capital Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, reducing their positions, and 2 closing their positions.
33% less funds holding
Funds holding: 3 → 2 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
99% less capital invested
Capital invested by funds: $64.4K → $502 (-$63.9K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$533 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$64.2K |
| 2 |
CS
Clear Street
New York
|
-$132 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
UBS Group
Zurich,
Switzerland
| $482 | +$533 | +50 | New |
|
|
DCM
2
Dupont Capital Management
Wilmington,
Delaware
| $20 | – | – | – |
|
|
3
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$64.2K | -6,000 | Closed |
|
|
CS
4
Clear Street
New York
| – | -$132 | -12 | Closed |
|
TRCA.U Hedge Fund Activity: Q3 2023 in Review
2 of the 6,302 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 2023, worth a combined $502 — down 99% from $64.4K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of TRCA.U and 1 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 0 added.
The largest buyer was UBS Group, opening a new position worth an estimated $533. The largest seller was Fifth Third Bancorp, exiting entirely with an estimated $64.2K sold.
- 2 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 2023, down from 3 in Q2 2023.
- Funds reported $502 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 2023, down 99% 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 2023 and 2 closed out, a net change of -1 holder.
- 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 2023 was UBS Group, an estimated $533 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 2023 was Fifth Third Bancorp, an estimated $64.2K sold.
Based on aggregated 13F filings for Q3 2023.