TortoiseEcofin Acquisition Corp. III
TRTL
TRTL was delisted on the 22nd of July, 2024.
48 hedge funds and large institutions have $270M invested in TortoiseEcofin Acquisition Corp. III in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 5 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
17% more capital invested
Capital invested by funds: $232M → $270M (+$38.3M)
12% more funds holding
Funds holding: 43 → 48 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
+$28.7M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$5.8M |
| 3 |
Millennium Management
New York
|
+$5.31M |
| 4 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$3.45M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$5M |
| 2 |
FIG
Fortress Investment Group
New York
|
-$4.26M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$2.91M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$2.9M |
| 5 |
CC
Centiva Capital
New York
|
-$1.94M |
TRTL Hedge Fund Activity: Q1 2022 in Review
48 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in TortoiseEcofin Acquisition Corp. III (TRTL) for Q1 2022, worth a combined $270M — up 17% from $232M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TRTL positions and 5 closed out — a net gain of 6 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Linden Advisors, opening a new position worth an estimated $28.7M. The largest seller was UBS O'Connor, exiting entirely with an estimated $5M sold.
- 48 institutional investors held TortoiseEcofin Acquisition Corp. III (TRTL) as of Q1 2022, up from 43 in Q4 2021.
- Funds reported $270M of TortoiseEcofin Acquisition Corp. III stock for Q1 2022, up 17% quarter-over-quarter.
- 11 funds opened new TortoiseEcofin Acquisition Corp. III positions in Q1 2022 and 5 closed out, a net change of +6 holders.
- The largest TortoiseEcofin Acquisition Corp. III buyer in Q1 2022 was Linden Advisors, an estimated $28.7M added.
- The largest TortoiseEcofin Acquisition Corp. III seller in Q1 2022 was UBS O'Connor, an estimated $5M sold.
Based on aggregated 13F filings for Q1 2022.