Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of
TRNE.U
TRNE.U was delisted on the 9th of December, 2020.
23 hedge funds and large institutions have $62.2M invested in Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 23 → 23 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
8% less capital invested
Capital invested by funds: $67.3M → $62.2M (-$5.05M)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$1.79M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$1.3M |
| 3 |
CAC
Cowen and Company
New York
|
+$905K |
| 4 |
CIM
Cowen Investment Management
New York
|
+$520K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$3.78M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.08M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$1.76M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$1.56M |
| 5 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$572K |
TRNE.U Hedge Fund Activity: Q4 2019 in Review
23 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of (TRNE.U) for Q4 2019, worth a combined $62.2M — down 7.5% from $67.3M a quarter earlier.
Fund positioning in TRNE.U was balanced in Q4 2019: 1 fund opened new positions, 1 closed out, 4 added to existing stakes and 8 trimmed.
The largest buyer was Longfellow Investment Management, adding an estimated $1.79M. The largest seller was Basso Capital Management, cutting an estimated $3.78M.
- 23 institutional investors held Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of (TRNE.U) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $62.2M of Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of stock for Q4 2019, down 7.5% quarter-over-quarter.
- 1 fund opened new Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of positions in Q4 2019 and 1 closed out, a net change of 0 holders.
- The largest Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of buyer in Q4 2019 was Longfellow Investment Management, an estimated $1.79M added.
- The largest Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of seller in Q4 2019 was Basso Capital Management, an estimated $3.78M sold.
Based on aggregated 13F filings for Q4 2019.