TortoiseEcofin Acquisition Corp. III
TRTL
TRTL was delisted on the 22nd of July, 2024.
30 hedge funds and large institutions have $168M invested in TortoiseEcofin Acquisition Corp. III in 2024 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 8 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
3% less funds holding
Funds holding: 31 → 30 (-1)
9% less capital invested
Capital invested by funds: $185M → $168M (-$17.2M)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$12.4M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$8.26M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$5.64M |
| 4 |
CM
Crystalline Management
Montreal, Quebec,
Canada
|
+$4.98M |
| 5 |
CAC
Cowen and Company
New York
|
+$3.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$18.3M |
| 2 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$11.9M |
| 3 |
KL
KIM LLC
Wichita,
Kansas
|
-$7.6M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$6.46M |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$5.97M |
TRTL Hedge Fund Activity: Q2 2024 in Review
30 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in TortoiseEcofin Acquisition Corp. III (TRTL) for Q2 2024, worth a combined $168M — down 9.3% from $185M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TRTL and 7 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 10 added.
The largest buyer was Wolverine Asset Management, adding an estimated $12.4M. The largest seller was First Trust Capital Management, exiting entirely with an estimated $18.3M sold.
- 30 institutional investors held TortoiseEcofin Acquisition Corp. III (TRTL) as of Q2 2024, down from 31 in Q1 2024.
- Funds reported $168M of TortoiseEcofin Acquisition Corp. III stock for Q2 2024, down 9.3% quarter-over-quarter.
- 7 funds opened new TortoiseEcofin Acquisition Corp. III positions in Q2 2024 and 8 closed out, a net change of -1 holder.
- The largest TortoiseEcofin Acquisition Corp. III buyer in Q2 2024 was Wolverine Asset Management, an estimated $12.4M added.
- The largest TortoiseEcofin Acquisition Corp. III seller in Q2 2024 was First Trust Capital Management, an estimated $18.3M sold.
Based on aggregated 13F filings for Q2 2024.