Triterras, Inc. Class A Ordinary Shares
TRIT
TRIT was delisted on the 2nd of February, 2022.
49 hedge funds and large institutions have $192M invested in Triterras, Inc. Class A Ordinary Shares in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 4 closing their positions.
350% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 4
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
36% more funds holding
Funds holding: 36 → 49 (+13)
16% more capital invested
Capital invested by funds: $165M → $192M (+$26.9M)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$10.2M |
| 2 |
SGCM
Sand Grove Capital Management
London,
United Kingdom
|
+$8.26M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$7.72M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$6.26M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$6.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$7.88M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$5.46M |
| 3 |
LA
Linden Advisors
New York
|
-$5.01M |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$4.55M |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
-$4.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
51
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$1.6M | -162,794 | Closed |
|
|
KIM
52
Karpus Investment Management
Pittsford,
New York
| – | -$179K | -18,200 | Closed |
|
53
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$129K | -13,117 | Closed |
|
TRIT Hedge Fund Activity: Q2 2020 in Review
49 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Triterras, Inc. Class A Ordinary Shares (TRIT) for Q2 2020, worth a combined $192M — up 16% from $165M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TRIT positions and 4 closed out — a net gain of 14 holders — while 11 added to existing stakes and 15 trimmed.
The largest buyer was Castle Creek Arbitrage, adding an estimated $10.2M. The largest seller was UBS O'Connor, cutting an estimated $7.88M.
- 49 institutional investors held Triterras, Inc. Class A Ordinary Shares (TRIT) as of Q2 2020, up from 36 in Q1 2020.
- Funds reported $192M of Triterras, Inc. Class A Ordinary Shares stock for Q2 2020, up 16% quarter-over-quarter.
- 18 funds opened new Triterras, Inc. Class A Ordinary Shares positions in Q2 2020 and 4 closed out, a net change of +14 holders.
- The largest Triterras, Inc. Class A Ordinary Shares buyer in Q2 2020 was Castle Creek Arbitrage, an estimated $10.2M added.
- The largest Triterras, Inc. Class A Ordinary Shares seller in Q2 2020 was UBS O'Connor, an estimated $7.88M sold.
Based on aggregated 13F filings for Q2 2020.