Trine Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one share of Class A
TRNE.WS
TRNE.WS was delisted on the 9th of December, 2020.
31 hedge funds and large institutions have $14.9M invested in Trine Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one share of Class A in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 2 closing their positions.
135% more capital invested
Capital invested by funds: $6.32M → $14.9M (+$8.56M)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
3% less funds holding
Funds holding: 32 → 31 (-1)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
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
|
+$127K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$53.8K |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$45.2K |
| 4 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$33.2K |
| 5 |
Man Group
London,
United Kingdom
|
+$27.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
-$293K |
| 2 |
CAC
Cowen and Company
New York
|
-$277K |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
-$225K |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$105K |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$66.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Geode Capital Management
Boston,
Massachusetts
| $68K | -$293K | -406,700 | -90% |
|
27
Walleye Trading
New York
| $66K | -$39.3K | -54,466 | -56% |
|
|
BCM
28
Basso Capital Management
Stamford,
Connecticut
| $63K | -$43.5K | -60,350 | -60% |
|
29
Citadel Advisors
Miami,
Florida
| $50K | -$2.38K | -3,295 | -9% |
|
|
PAM
30
Panagora Asset Management
Boston,
Massachusetts
| $4K | – | – | – |
|
|
JG
31
Jefferies Group
New York
| $79 | – | – | – |
|
|
FTCM
32
Fir Tree Capital Management
New York
| – | -$225K | -375,000 | Closed |
|
|
MP
33
Mangrove Partners
Greenwich,
Connecticut
| – | -$105K | -175,000 | Closed |
|
TRNE.WS Hedge Fund Activity: Q2 2020 in Review
31 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Trine Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one share of Class A (TRNE.WS) for Q2 2020, worth a combined $14.9M — up 135% from $6.32M a quarter earlier.
Fund positioning in TRNE.WS was balanced in Q2 2020: 2 funds opened new positions, 2 closed out, 3 added to existing stakes and 9 trimmed.
The largest buyer was Longfellow Investment Management, adding an estimated $127K. The largest seller was Geode Capital Management, cutting an estimated $293K.
- 31 institutional investors held Trine Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one share of Class A (TRNE.WS) as of Q2 2020, down from 32 in Q1 2020.
- Funds reported $14.9M of Trine Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one share of Class A stock for Q2 2020, up 135% quarter-over-quarter.
- 2 funds opened new Trine Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one share of Class A positions in Q2 2020 and 2 closed out, a net change of 0 holders.
- The largest Trine Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one share of Class A buyer in Q2 2020 was Longfellow Investment Management, an estimated $127K added.
- The largest Trine Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one share of Class A seller in Q2 2020 was Geode Capital Management, an estimated $293K sold.
Based on aggregated 13F filings for Q2 2020.