Tristar Acquisition I Corp.
TRIS
TRIS was delisted on the 2nd of August, 2024.
36 hedge funds and large institutions have $110M invested in Tristar Acquisition I Corp. in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 15 reducing their positions, and 24 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
28% less funds holding
Funds holding: 50 → 36 (-14)
49% less capital invested
Capital invested by funds: $215M → $110M (-$106M)
53% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 15
58% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$9.06M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$6.49M |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$5.85M |
| 4 |
CC
Centiva Capital
New York
|
+$4.23M |
| 5 |
CAC
Cowen and Company
New York
|
+$4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$19.2M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$18.8M |
| 3 |
LP
LMR Partners
London,
United Kingdom
|
-$18M |
| 4 |
KL
KIM LLC
Wichita,
Kansas
|
-$15.3M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$11.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CL
51
CSS LLC
Chicago,
Illinois
| – | -$717K | -68,500 | Closed |
|
|
SC
52
Sculptor Capital
New York
| – | -$717K | -68,500 | Closed |
|
|
CH
53
CVI Holdings
Wilmington,
Delaware
| – | -$591K | -56,446 | Closed |
|
|
VF
54
Virtu Financial
New York
| – | -$496K | -47,427 | Closed |
|
|
LCM
55
Landscape Capital Management
Englewood,
New Jersey
| – | -$401K | -38,300 | Closed |
|
|
RL
56
RPO LLC
Stamford,
Connecticut
| – | -$339K | -32,411 | Closed |
|
|
TI
57
Tidal Investments
Milwaukee,
Wisconsin
| – | -$322K | -30,814 | Closed |
|
58
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$272K | -25,951 | Closed |
|
|
E
59
Ergoteles
New York
| – | -$192K | -18,302 | Closed |
|
|
EC
60
Elequin Capital
New York
| – | -$8.37K | -800 | Closed |
|
TRIS Hedge Fund Activity: Q3 2023 in Review
36 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Tristar Acquisition I Corp. (TRIS) for Q3 2023, worth a combined $110M — down 49% from $215M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of TRIS and 10 opened new positions — a net loss of 14 holders — while 15 trimmed existing stakes and 7 added.
The largest buyer was Glazer Capital LLC, adding an estimated $9.06M. The largest seller was Magnetar Financial, exiting entirely with an estimated $19.2M sold.
- 36 institutional investors held Tristar Acquisition I Corp. (TRIS) as of Q3 2023, down from 50 in Q2 2023.
- Funds reported $110M of Tristar Acquisition I Corp. stock for Q3 2023, down 49% quarter-over-quarter.
- 10 funds opened new Tristar Acquisition I Corp. positions in Q3 2023 and 24 closed out, a net change of -14 holders.
- The largest Tristar Acquisition I Corp. buyer in Q3 2023 was Glazer Capital LLC, an estimated $9.06M added.
- The largest Tristar Acquisition I Corp. seller in Q3 2023 was Magnetar Financial, an estimated $19.2M sold.
Based on aggregated 13F filings for Q3 2023.