Triterras, Inc. Class A Ordinary Shares
TRIT
TRIT was delisted on the 2nd of February, 2022.
28 hedge funds and large institutions have $125M invested in Triterras, Inc. Class A Ordinary Shares in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
75% more funds holding
Funds holding: 16 → 28 (+12)
65% more capital invested
Capital invested by funds: $75.8M → $125M (+$48.9M)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$18.9M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$4.43M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$3.94M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$2.23M |
| 5 |
KC
Kepos Capital
New York
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.95M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$2.69M |
| 3 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$2.47M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$985K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$331K |
TRIT Hedge Fund Activity: Q4 2019 in Review
28 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Triterras, Inc. Class A Ordinary Shares (TRIT) for Q4 2019, worth a combined $125M — up 65% from $75.8M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TRIT positions and 2 closed out — a net gain of 12 holders — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $18.9M. The largest seller was Mangrove Partners, exiting entirely with an estimated $2.95M sold.
- 28 institutional investors held Triterras, Inc. Class A Ordinary Shares (TRIT) as of Q4 2019, up from 16 in Q3 2019.
- Funds reported $125M of Triterras, Inc. Class A Ordinary Shares stock for Q4 2019, up 65% quarter-over-quarter.
- 14 funds opened new Triterras, Inc. Class A Ordinary Shares positions in Q4 2019 and 2 closed out, a net change of +12 holders.
- The largest Triterras, Inc. Class A Ordinary Shares buyer in Q4 2019 was Karpus Investment Management, an estimated $18.9M added.
- The largest Triterras, Inc. Class A Ordinary Shares seller in Q4 2019 was Mangrove Partners, an estimated $2.95M sold.
Based on aggregated 13F filings for Q4 2019.