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.
15 hedge funds and large institutions have $29.8M invested in Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of in 2020 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 9 reducing their positions, and 2 closing their positions.
12% less funds holding
Funds holding: 17 → 15 (-2)
27% less capital invested
Capital invested by funds: $41.1M → $29.8M (-$11.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 9
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$5.06M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$3.89M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$2.09M |
| 4 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$1.57M |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$869K |
TRNE.U Hedge Fund Activity: Q2 2020 in Review
15 of the 4,877 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 Q2 2020, worth a combined $29.8M — down 27% from $41.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of TRNE.U and 0 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 0 added.
The largest seller was Mint Tower Capital Management, exiting entirely with an estimated $5.06M sold.
- 15 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 Q2 2020, down from 17 in Q1 2020.
- Funds reported $29.8M of Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of stock for Q2 2020, down 27% quarter-over-quarter.
- 0 funds opened new Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of positions in Q2 2020 and 2 closed out, a net change of -2 holders.
- The largest Trine Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half of seller in Q2 2020 was Mint Tower Capital Management, an estimated $5.06M sold.
Based on aggregated 13F filings for Q2 2020.