Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one
TREB.U
TREB.U was delisted on the 27th of January, 2022.
37 hedge funds and large institutions have $136M invested in Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 2 increasing their positions, 15 reducing their positions, and 14 closing their positions.
14% less funds holding
Funds holding: 43 → 37 (-6)
28% less capital invested
Capital invested by funds: $189M → $136M (-$53.2M)
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
87% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
+$2.18M |
| 2 |
Millennium Management
New York
|
+$1.6M |
| 3 |
JGC
J. Goldman & Co
New York
|
+$1.16M |
| 4 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$932K |
| 5 |
VF
Virtu Financial
New York
|
+$804K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$10.8M |
| 2 |
ECM
Element Capital Management
New York
|
-$10.8M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$10.8M |
| 4 |
SRCM
Sage Rock Capital Management
New York
|
-$8.44M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$5.78M |
TREB.U Hedge Fund Activity: Q4 2020 in Review
37 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one (TREB.U) for Q4 2020, worth a combined $136M — down 28% from $189M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TREB.U and 8 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 2 added.
The largest buyer was Azora Capital LP, adding an estimated $2.18M. The largest seller was Blackstone Inc, exiting entirely with an estimated $10.8M sold.
- 37 institutional investors held Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one (TREB.U) as of Q4 2020, down from 43 in Q3 2020.
- Funds reported $136M of Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one stock for Q4 2020, down 28% quarter-over-quarter.
- 8 funds opened new Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one positions in Q4 2020 and 14 closed out, a net change of -6 holders.
- The largest Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one buyer in Q4 2020 was Azora Capital LP, an estimated $2.18M added.
- The largest Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one seller in Q4 2020 was Blackstone Inc, an estimated $10.8M sold.
Based on aggregated 13F filings for Q4 2020.