TortoiseEcofin Acquisition Corp. III
TRTL
TRTL was delisted on the 22nd of July, 2024.
31 hedge funds and large institutions have $185M invested in TortoiseEcofin Acquisition Corp. III in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 4 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
1% more capital invested
Capital invested by funds: $183M → $185M (+$1.66M)
6% less funds holding
Funds holding: 33 → 31 (-2)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$6.68M |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$2.31M |
| 3 |
KL
KIM LLC
Wichita,
Kansas
|
+$2.15M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$737K |
| 5 |
CS
Clear Street
New York
|
+$330K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$5.87M |
| 2 |
CM
Cohanzick Management
Pleasantville,
New York
|
-$3.45M |
| 3 |
KC
Kepos Capital
New York
|
-$2.14M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.07M |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$857K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
26
Shaolin Capital Management
Miami,
Florida
| $752K | -$857K | -80,000 | -53% |
|
|
TCM
27
Tuttle Capital Management
Riverside,
Connecticut
| $722K | – | – | – |
|
|
GCL
28
Glazer Capital LLC
New York
| $468K | -$139K | -12,978 | -23% |
|
|
CS
29
Clear Street
New York
| $333K | +$330K | +30,833 | +39,029% |
|
|
KPF
30
K2 Principal Fund
Toronto,
Ontario, Canada
| $322K | +$320K | +29,892 | New |
|
31
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $260K | +$1.78K | +166 | +0.7% |
|
|
PSAMP
32
P. Schoenfeld Asset Management (PSAM)
New York
| – | -$5.87M | -552,375 | Closed |
|
|
CM
33
Cohanzick Management
Pleasantville,
New York
| – | -$3.45M | -325,000 | Closed |
|
|
LA
34
Linden Advisors
New York
| – | -$319K | -150,000 | Closed |
|
|
BI
35
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$427K | -40,785 | Closed |
|
TRTL Hedge Fund Activity: Q1 2024 in Review
31 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in TortoiseEcofin Acquisition Corp. III (TRTL) for Q1 2024, worth a combined $185M — up 0.91% from $183M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TRTL and 2 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 6 added.
The largest buyer was W.R. Berkley Corp, adding an estimated $6.68M. The largest seller was P. Schoenfeld Asset Management (PSAM), exiting entirely with an estimated $5.87M sold.
- 31 institutional investors held TortoiseEcofin Acquisition Corp. III (TRTL) as of Q1 2024, down from 33 in Q4 2023.
- Funds reported $185M of TortoiseEcofin Acquisition Corp. III stock for Q1 2024, up 0.91% quarter-over-quarter.
- 2 funds opened new TortoiseEcofin Acquisition Corp. III positions in Q1 2024 and 4 closed out, a net change of -2 holders.
- The largest TortoiseEcofin Acquisition Corp. III buyer in Q1 2024 was W.R. Berkley Corp, an estimated $6.68M added.
- The largest TortoiseEcofin Acquisition Corp. III seller in Q1 2024 was P. Schoenfeld Asset Management (PSAM), an estimated $5.87M sold.
Based on aggregated 13F filings for Q1 2024.