Tristar Acquisition I Corp.
TRIS
TRIS was delisted on the 2nd of August, 2024.
32 hedge funds and large institutions have $112M invested in Tristar Acquisition I Corp. in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
2% more capital invested
Capital invested by funds: $110M → $112M (+$1.91M)
14% less funds holding
Funds holding: 37 → 32 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$4.83M |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$4.16M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$3.21M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$33.3K |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$4.62K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KIM LLC
Wichita,
Kansas
|
-$5.39M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$2.6M |
| 3 |
JP Morgan Chase
New York
|
-$2.16M |
| 4 |
CAC
Cowen and Company
New York
|
-$1.72M |
| 5 |
CC
Centiva Capital
New York
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
26
Rivernorth Capital Management
West Palm Beach,
Florida
| $513K | – | – | – |
|
|
BFM
27
Boothbay Fund Management
New York
| $409K | – | – | – |
|
28
Walleye Capital
New York
| $369K | – | – | – |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| $243K | +$33.3K | +3,058 | +16% |
|
30
Walleye Trading
New York
| $197K | – | – | – |
|
|
RCM
31
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| $58.3K | -$17.7K | -1,630 | -24% |
|
|
KL
32
KIM LLC
Wichita,
Kansas
| – | -$5.39M | -500,000 | Closed |
|
|
KPF
33
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$2.6M | -241,133 | Closed |
|
|
34
JP Morgan Chase
New York
| – | -$2.16M | -200,000 | Closed |
|
|
AGM
35
Alpine Global Management
New York
| – | -$1.08M | -100,000 | Closed |
|
|
SG
36
StoneX Group
New York
| – | -$540K | -50,100 | Closed |
|
|
VF
37
Virtu Financial
New York
| – | -$192K | -17,795 | Closed |
|
TRIS Hedge Fund Activity: Q1 2024 in Review
32 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Tristar Acquisition I Corp. (TRIS) for Q1 2024, worth a combined $112M — up 1.7% from $110M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TRIS and 1 opened new positions — a net loss of 5 holders — while 3 trimmed existing stakes and 6 added.
The largest buyer was W.R. Berkley Corp, adding an estimated $4.83M. The largest seller was KIM LLC, exiting entirely with an estimated $5.39M sold.
- 32 institutional investors held Tristar Acquisition I Corp. (TRIS) as of Q1 2024, down from 37 in Q4 2023.
- Funds reported $112M of Tristar Acquisition I Corp. stock for Q1 2024, up 1.7% quarter-over-quarter.
- 1 fund opened new Tristar Acquisition I Corp. positions in Q1 2024 and 6 closed out, a net change of -5 holders.
- The largest Tristar Acquisition I Corp. buyer in Q1 2024 was W.R. Berkley Corp, an estimated $4.83M added.
- The largest Tristar Acquisition I Corp. seller in Q1 2024 was KIM LLC, an estimated $5.39M sold.
Based on aggregated 13F filings for Q1 2024.