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.
17 hedge funds and large institutions have $37.9M invested in Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 9 reducing their positions, and 22 closing their positions.
54% less funds holding
Funds holding: 37 → 17 (-20)
72% less capital invested
Capital invested by funds: $136M → $37.9M (-$98.3M)
89% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 9
91% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Connacht Asset Management
New York
|
+$365K |
| 2 |
Morgan Stanley
New York
|
+$11.4K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$102 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$15.8M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$15.3M |
| 3 |
ACL
Azora Capital LP
Miami,
Florida
|
-$8.38M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$6.85M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$5.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCS
26
Syquant Capital SAS
Paris,
France
| – | -$1.16M | -100,000 | Closed |
|
|
SCM
27
Shaolin Capital Management
Miami,
Florida
| – | -$1.15M | -99,848 | Closed |
|
|
GF
28
Gabelli Funds
Rye,
New York
| – | -$1.12M | -96,696 | Closed |
|
29
Citigroup
New York
| – | -$1.1M | -95,000 | Closed |
|
|
WCA
30
Waratah Capital Advisors
Toronto,
Ontario, Canada
| – | -$1.01M | -87,510 | Closed |
|
|
VF
31
Virtu Financial
New York
| – | -$872K | -75,456 | Closed |
|
|
CIM
32
Cowen Investment Management
New York
| – | -$867K | -75,000 | Closed |
|
|
FTCM
33
First Trust Capital Management
Chicago,
Illinois
| – | -$375K | -32,408 | Closed |
|
|
CL
34
CSS LLC
Chicago,
Illinois
| – | -$320K | -27,715 | Closed |
|
|
SM
35
SG3 Management
Dorado,
Puerto Rico
| – | -$289K | -25,000 | Closed |
|
|
SMA
36
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$121K | -10,500 | Closed |
|
|
KC
37
KCL Capital
New York
| – | -$116K | -10,000 | Closed |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| – | +$102 | +9 | New |
|
TREB.U Hedge Fund Activity: Q1 2021 in Review
17 of the 5,696 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 Q1 2021, worth a combined $37.9M — down 72% from $136M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of TREB.U and 2 opened new positions — a net loss of 20 holders — while 9 trimmed existing stakes and 1 added.
The largest buyer was Connacht Asset Management, adding an estimated $365K. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $15.8M sold.
- 17 institutional investors held Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one (TREB.U) as of Q1 2021, down from 37 in Q4 2020.
- Funds reported $37.9M of Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one stock for Q1 2021, down 72% quarter-over-quarter.
- 2 funds opened new Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one positions in Q1 2021 and 22 closed out, a net change of -20 holders.
- The largest Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one buyer in Q1 2021 was Connacht Asset Management, an estimated $365K added.
- The largest Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one seller in Q1 2021 was Alyeska Investment Group, an estimated $15.8M sold.
Based on aggregated 13F filings for Q1 2021.