Tristar Acquisition I Corp. Units, each consisting of one Class A Ordinary Share and one-half of one Redeemable Warrant to purchase one Class A Ordinary Share
TRIS.U
TRIS.U was delisted on the 2nd of August, 2024.
12 hedge funds and large institutions have $29.4M invested in Tristar Acquisition I Corp. Units, each consisting of one Class A Ordinary Share and one-half of one Redeemable Warrant to purchase one Class A Ordinary Share in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 5 closing their positions.
20% less funds holding
Funds holding: 15 → 12 (-3)
46% less capital invested
Capital invested by funds: $54.3M → $29.4M (-$24.9M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$137K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$99.4K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$9.97K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.04M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.02M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$905K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$510K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$434K |
TRIS.U Hedge Fund Activity: Q2 2022 in Review
12 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Tristar Acquisition I Corp. Units, each consisting of one Class A Ordinary Share and one-half of one Redeemable Warrant to purchase one Class A Ordinary Share (TRIS.U) for Q2 2022, worth a combined $29.4M — down 46% from $54.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TRIS.U and 2 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $137K. The largest seller was Mangrove Partners, exiting entirely with an estimated $2.04M sold.
- 12 institutional investors held Tristar Acquisition I Corp. Units, each consisting of one Class A Ordinary Share and one-half of one Redeemable Warrant to purchase one Class A Ordinary Share (TRIS.U) as of Q2 2022, down from 15 in Q1 2022.
- Funds reported $29.4M of Tristar Acquisition I Corp. Units, each consisting of one Class A Ordinary Share and one-half of one Redeemable Warrant to purchase one Class A Ordinary Share stock for Q2 2022, down 46% quarter-over-quarter.
- 2 funds opened new Tristar Acquisition I Corp. Units, each consisting of one Class A Ordinary Share and one-half of one Redeemable Warrant to purchase one Class A Ordinary Share positions in Q2 2022 and 5 closed out, a net change of -3 holders.
- The largest Tristar Acquisition I Corp. Units, each consisting of one Class A Ordinary Share and one-half of one Redeemable Warrant to purchase one Class A Ordinary Share buyer in Q2 2022 was Cubist Systematic Strategies, an estimated $137K added.
- The largest Tristar Acquisition I Corp. Units, each consisting of one Class A Ordinary Share and one-half of one Redeemable Warrant to purchase one Class A Ordinary Share seller in Q2 2022 was Mangrove Partners, an estimated $2.04M sold.
Based on aggregated 13F filings for Q2 2022.