TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant
TRTL.U
TRTL.U was delisted on the 22nd of July, 2024.
24 hedge funds and large institutions have $108M invested in TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant in 2021 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 12 closing their positions.
27% less funds holding
Funds holding: 33 → 24 (-9)
30% less capital invested
Capital invested by funds: $155M → $108M (-$47M)
75% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 12
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.78K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$60 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$27.3M |
| 2 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$18.9M |
| 3 |
Millennium Management
New York
|
-$10.5M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$4.95M |
| 5 |
HP
Hartree Partners
New York
|
-$3.98M |
TRTL.U Hedge Fund Activity: Q4 2021 in Review
24 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant (TRTL.U) for Q4 2021, worth a combined $108M — down 30% from $155M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TRTL.U and 3 opened new positions — a net loss of 9 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was Royal Bank of Canada, adding an estimated $2.78K. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $27.3M sold.
- 24 institutional investors held TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant (TRTL.U) as of Q4 2021, down from 33 in Q3 2021.
- Funds reported $108M of TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant stock for Q4 2021, down 30% quarter-over-quarter.
- 3 funds opened new TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant positions in Q4 2021 and 12 closed out, a net change of -9 holders.
- The largest TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant buyer in Q4 2021 was Royal Bank of Canada, an estimated $2.78K added.
- The largest TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant seller in Q4 2021 was Shaolin Capital Management, an estimated $27.3M sold.
Based on aggregated 13F filings for Q4 2021.