TortoiseEcofin Acquisition Corp. III
TRTL
TRTL was delisted on the 22nd of July, 2024.
56 hedge funds and large institutions have $312M invested in TortoiseEcofin Acquisition Corp. III in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% more capital invested
Capital invested by funds: $303M → $312M (+$8.93M)
0% more funds holding
Funds holding: 56 → 56 (0)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$16.2M |
| 2 |
AMC
Atlas Merchant Capital
New York
|
+$11.8M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$8.73M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$4.79M |
| 5 |
KL
KIM LLC
Wichita,
Kansas
|
+$2.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$15.2M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$9.54M |
| 3 |
TCA
Taconic Capital Advisors
New York
|
-$7.83M |
| 4 |
Millennium Management
New York
|
-$6.14M |
| 5 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
-$745K |
TRTL Hedge Fund Activity: Q1 2023 in Review
56 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in TortoiseEcofin Acquisition Corp. III (TRTL) for Q1 2023, worth a combined $312M — up 2.9% from $303M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TRTL positions and 6 closed out — a net gain of 1 holder — while 9 added to existing stakes and 14 trimmed.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $16.2M. The largest seller was Linden Advisors, cutting an estimated $15.2M.
- 56 institutional investors held TortoiseEcofin Acquisition Corp. III (TRTL) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $312M of TortoiseEcofin Acquisition Corp. III stock for Q1 2023, up 2.9% quarter-over-quarter.
- 7 funds opened new TortoiseEcofin Acquisition Corp. III positions in Q1 2023 and 6 closed out, a net change of +1 holder.
- The largest TortoiseEcofin Acquisition Corp. III buyer in Q1 2023 was Bank of Montreal, an estimated $16.2M added.
- The largest TortoiseEcofin Acquisition Corp. III seller in Q1 2023 was Linden Advisors, an estimated $15.2M sold.
Based on aggregated 13F filings for Q1 2023.