Terrapin 3 Acquisition Corporation Class A
TRTL
TRTL was delisted on the 16th of December, 2016.
19 hedge funds and large institutions have $119M invested in Terrapin 3 Acquisition Corporation Class A in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
12% more funds holding
Funds holding: 17 → 19 (+2)
1% less capital invested
Capital invested by funds: $121M → $119M (-$1.38M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$13.1M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$1.91M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$1.67M |
| 4 |
ICM
Ionic Capital Management
New York
|
+$364K |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$298K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$15.1M |
| 2 |
Capstone Investment Advisors
New York
|
-$3.68M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$30 |
TRTL Hedge Fund Activity: Q4 2015 in Review
19 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Terrapin 3 Acquisition Corporation Class A (TRTL) for Q4 2015, worth a combined $119M — down 1.1% from $121M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new TRTL positions and 1 closed out — a net gain of 2 holders — while 5 added to existing stakes and 2 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $13.1M. The largest seller was AQR Arbitrage, exiting entirely with an estimated $15.1M sold.
- 19 institutional investors held Terrapin 3 Acquisition Corporation Class A (TRTL) as of Q4 2015, up from 17 in Q3 2015.
- Funds reported $119M of Terrapin 3 Acquisition Corporation Class A stock for Q4 2015, down 1.1% quarter-over-quarter.
- 3 funds opened new Terrapin 3 Acquisition Corporation Class A positions in Q4 2015 and 1 closed out, a net change of +2 holders.
- The largest Terrapin 3 Acquisition Corporation Class A buyer in Q4 2015 was Weiss Asset Management, an estimated $13.1M added.
- The largest Terrapin 3 Acquisition Corporation Class A seller in Q4 2015 was AQR Arbitrage, an estimated $15.1M sold.
Based on aggregated 13F filings for Q4 2015.