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.
43 hedge funds and large institutions have $189M invested in Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 20 reducing their positions, and 42 closing their positions.
47% less funds holding
Funds holding: 81 → 43 (-38)
61% less capital invested
Capital invested by funds: $481M → $189M (-$291M)
70% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 20
90% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 42
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$4.23M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$3.16M |
| 3 |
ACL
Azora Capital LP
Miami,
Florida
|
+$2.37M |
| 4 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$2.12M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Holocene Advisors
New York
|
-$18.3M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$16.2M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$15.7M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$15.4M |
| 5 |
LA
Linden Advisors
New York
|
-$15.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CC
76
Centiva Capital
New York
| – | -$1.04M | -100,000 | Closed |
|
|
JG
77
Jefferies Group
New York
| – | -$1.04K | -100,000 | Closed |
|
|
DCM
78
Dupont Capital Management
Wilmington,
Delaware
| – | -$1.06M | -99,999 | -100% |
|
|
WRBC
79
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$1.04M | -99,390 | Closed |
|
|
SM
80
SG3 Management
Dorado,
Puerto Rico
| – | -$575K | -55,000 | Closed |
|
81
Stifel Financial
St. Louis,
Missouri
| – | -$418K | -40,000 | Closed |
|
|
VCM
82
Vivaldi Capital Management
Chicago,
Illinois
| – | -$288K | -27,600 | Closed |
|
|
EIP
83
Easterly Investment Partners
Beverly,
Massachusetts
| – | -$209K | -20,000 | Closed |
|
|
MSU
84
Mizuho Securities USA
New York
| – | -$209K | -20,000 | Closed |
|
85
Jane Street
New York
| – | -$122K | -11,635 | Closed |
|
TREB.U Hedge Fund Activity: Q3 2020 in Review
43 of the 4,957 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 Q3 2020, worth a combined $189M — down 61% from $481M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of TREB.U and 4 opened new positions — a net loss of 38 holders — while 20 trimmed existing stakes and 6 added.
The largest buyer was Federated Hermes, opening a new position worth an estimated $4.23M. The largest seller was Holocene Advisors, exiting entirely with an estimated $18.3M sold.
- 43 institutional investors held Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one (TREB.U) as of Q3 2020, down from 81 in Q2 2020.
- Funds reported $189M of Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one stock for Q3 2020, down 61% quarter-over-quarter.
- 4 funds opened new Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one positions in Q3 2020 and 42 closed out, a net change of -38 holders.
- The largest Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one buyer in Q3 2020 was Federated Hermes, an estimated $4.23M added.
- The largest Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one seller in Q3 2020 was Holocene Advisors, an estimated $18.3M sold.
Based on aggregated 13F filings for Q3 2020.