Terrapin 3 Acquisition Corporation Class A
TRTL
TRTL was delisted on the 16th of December, 2016.
12 hedge funds and large institutions have $106M invested in Terrapin 3 Acquisition Corporation Class A in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
35% more capital invested
Capital invested by funds: $78.3M → $106M (+$27.4M)
33% more funds holding
Funds holding: 9 → 12 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capstone Investment Advisors
New York
|
+$15.9M |
| 2 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
+$8.38M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$1.96M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$981 |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$98 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$16.5M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$31.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTCM
1
Fir Tree Capital Management
New York
| $17.8M | – | – | – |
|
|
AA
2
AQR Arbitrage
Greenwich,
Connecticut
| $16.3M | +$16.7M | +1,700,000 | New |
|
|
3
Capstone Investment Advisors
New York
| $16.2M | +$15.9M | +1,623,036 | New |
|
4
Hudson Bay Capital Management
Stamford,
Connecticut
| $14.8M | – | – | – |
|
|
ACPU
5
Arrowgrass Capital Partners (US)
Dover,
Delaware
| $8.54M | +$8.38M | +854,000 | New |
|
|
6
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $7.68M | +$981 | +100 | +0% |
|
|
MCM
7
Moore Capital Management
New York
| $7M | – | – | – |
|
|
PAMP
8
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $5.97M | -$31.2K | -3,175 | -0.5% |
|
|
GP
9
GLG Partners
London,
United Kingdom
| $5M | – | – | – |
|
|
WRBC
10
W.R. Berkley Corp
Greenwich,
Connecticut
| $4.32M | – | – | – |
|
|
KPF
11
K2 Principal Fund
Toronto,
Ontario, Canada
| $1.92M | +$1.96M | +200,000 | New |
|
|
12
AQR Capital Management
Greenwich,
Connecticut
| – | -$16.5M | -1,700,000 | Closed |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| – | +$98 | +10 | +200% |
|
TRTL Hedge Fund Activity: Q1 2015 in Review
12 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Terrapin 3 Acquisition Corporation Class A (TRTL) for Q1 2015, worth a combined $106M — up 35% from $78.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new TRTL positions and 1 closed out — a net gain of 3 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Capstone Investment Advisors, opening a new position worth an estimated $15.9M. The largest seller was AQR Capital Management, exiting entirely with an estimated $16.5M sold.
- 12 institutional investors held Terrapin 3 Acquisition Corporation Class A (TRTL) as of Q1 2015, up from 9 in Q4 2014.
- Funds reported $106M of Terrapin 3 Acquisition Corporation Class A stock for Q1 2015, up 35% quarter-over-quarter.
- 4 funds opened new Terrapin 3 Acquisition Corporation Class A positions in Q1 2015 and 1 closed out, a net change of +3 holders.
- The largest Terrapin 3 Acquisition Corporation Class A buyer in Q1 2015 was Capstone Investment Advisors, an estimated $15.9M added.
- The largest Terrapin 3 Acquisition Corporation Class A seller in Q1 2015 was AQR Capital Management, an estimated $16.5M sold.
Based on aggregated 13F filings for Q1 2015.