TortoiseEcofin Acquisition Corp. III
TRTL
TRTL was delisted on the 22nd of July, 2024.
54 hedge funds and large institutions have $324M invested in TortoiseEcofin Acquisition Corp. III in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 7 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
4% more capital invested
Capital invested by funds: $312M → $324M (+$11.1M)
4% less funds holding
Funds holding: 56 → 54 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$6.27M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$2.99M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.02M |
| 4 |
CM
Cohanzick Management
Pleasantville,
New York
|
+$1.92M |
| 5 |
GAM
Gritstone Asset Management
Bethesda,
Maryland
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$10.4M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$2.56M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$565K |
| 4 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$262K |
| 5 |
TAM
Terrapin Asset Management
Miami,
Florida
|
-$257K |
TRTL Hedge Fund Activity: Q2 2023 in Review
54 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in TortoiseEcofin Acquisition Corp. III (TRTL) for Q2 2023, worth a combined $324M — up 3.6% from $312M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TRTL and 5 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Cowen and Company, adding an estimated $6.27M. The largest seller was Marshall Wace, cutting an estimated $10.4M.
- 54 institutional investors held TortoiseEcofin Acquisition Corp. III (TRTL) as of Q2 2023, down from 56 in Q1 2023.
- Funds reported $324M of TortoiseEcofin Acquisition Corp. III stock for Q2 2023, up 3.6% quarter-over-quarter.
- 5 funds opened new TortoiseEcofin Acquisition Corp. III positions in Q2 2023 and 7 closed out, a net change of -2 holders.
- The largest TortoiseEcofin Acquisition Corp. III buyer in Q2 2023 was Cowen and Company, an estimated $6.27M added.
- The largest TortoiseEcofin Acquisition Corp. III seller in Q2 2023 was Marshall Wace, an estimated $10.4M sold.
Based on aggregated 13F filings for Q2 2023.