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TRTL.U

TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant

Delisted

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.

New
Increased
Maintained
Reduced
Closed

27% less funds holding

Funds holding: 3324 (-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

Holders
24
Holders Change
-9
Holders Change %
-27.27%
% of All Funds
0.37%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
3
Increased
1
Reduced
6
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LA
1
Linden Advisors
New York
$29.5M
SIM
2
Sandia Investment Management
Massachusetts
$29.5M +$29.6M +2,970,000 New
BFM
3
Boothbay Fund Management
New York
$10.5M
HIM
4
HGC Investment Management
Ontario, Canada
$8.75M
JP Morgan Chase
5
JP Morgan Chase
New York
$6.91M -$1.27M -127,880 -16%
AC
6
Aristeia Capital
Connecticut
$5.96M
Calamos Advisors
7
Calamos Advisors
Illinois
$4.97M
MF
8
Magnetar Financial
Illinois
$2.98M
HP
9
Hound Partners
New York
$1.91M -$82.8K -8,310 -4%
CIM
10
Cowen Investment Management
New York
$1.49M
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$1.06M +$2.78K +279 +0.3%
WC
12
Wealthspring Capital
New York
$795K -$166K -16,700 -17%
SMA
13
Sage Mountain Advisors
Georgia
$639K
SIA
14
Schechter Investment Advisors
Michigan
$566K +$568K +56,960 New
CL
15
CSS LLC
Illinois
$537K
Jane Street
16
Jane Street
New York
$497K
USCWA
17
U.S. Capital Wealth Advisors
Texas
$298K
LCM
18
Landscape Capital Management
New Jersey
$270K
YCM
19
Yakira Capital Management
Connecticut
$249K
PCM
20
Prelude Capital Management
New York
$140K -$6.1K -612 -4%
Nomura Holdings
21
Nomura Holdings
Japan
$68K -$997K -100,000 -94%
Osaic Holdings
22
Osaic Holdings
Arizona
$10K
PMAM
23
Picton Mahoney Asset Management
Ontario, Canada
$1K -$18.9M -1,896,500 -93%
SCM
24
Shaolin Capital Management
Florida
-$27.3M -2,744,880 Closed
Millennium Management
25
Millennium Management
New York
-$10.5M -1,050,000 Closed

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.