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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.

19 hedge funds and large institutions have $61M invested in TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

21% less funds holding

Funds holding: 2419 (-5)

43% less capital invested

Capital invested by funds: $108M → $61M (-$46.7M)

50% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 4

83% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 6

Holders
19
Holders Change
-5
Holders Change %
-20.83%
% of All Funds
0.3%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
1
Increased
2
Reduced
4
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIM
1
Sandia Investment Management
Massachusetts
$29.3M
BFM
2
Boothbay Fund Management
New York
$10.4M +$4.16K +420 +0%
HIM
3
HGC Investment Management
Ontario, Canada
$8.67M +$3.96K +400 +0%
Calamos Advisors
4
Calamos Advisors
Illinois
$4.92M
MF
5
Magnetar Financial
Illinois
$2.43M -$531K -53,600 -18%
CIM
6
Cowen Investment Management
New York
$1.48M
WC
7
Wealthspring Capital
New York
$730K -$57.9K -5,850 -7%
SMA
8
Sage Mountain Advisors
Georgia
$610K -$24.3K -2,450 -4%
CL
9
CSS LLC
Illinois
$532K
SIA
10
Schechter Investment Advisors
Michigan
$503K -$57.9K -5,850 -10%
Jane Street
11
Jane Street
New York
$493K
USCWA
12
U.S. Capital Wealth Advisors
Texas
$296K
LCM
13
Landscape Capital Management
New Jersey
$268K
YCM
14
Yakira Capital Management
Connecticut
$246K
Nomura Holdings
15
Nomura Holdings
Japan
$67K
SFM
16
Spartan Fund Management
Canada
$12K +$9.6K +970 New
Osaic Holdings
17
Osaic Holdings
Arizona
$10K
PMAM
18
Picton Mahoney Asset Management
Ontario, Canada
$1K
LA
19
Linden Advisors
New York
-$29.5M -2,970,000 Closed
JP Morgan Chase
20
JP Morgan Chase
New York
-$6.91M -695,000 Closed
AC
21
Aristeia Capital
Connecticut
-$5.96M -600,000 Closed
HP
22
Hound Partners
New York
-$1.91M -191,690 Closed
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
-$1.06M -106,454 Closed
PCM
24
Prelude Capital Management
New York
-$140K -14,128 Closed

TRTL.U Hedge Fund Activity: Q1 2022 in Review

19 of the 6,341 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 Q1 2022, worth a combined $61M — down 43% from $108M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of TRTL.U and 1 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 2 added.

The largest buyer was Boothbay Fund Management, adding an estimated $4.16K. The largest seller was Linden Advisors, exiting entirely with an estimated $29.5M sold.

  • 19 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 Q1 2022, down from 24 in Q4 2021.
  • Funds reported $61M of TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant stock for Q1 2022, down 43% quarter-over-quarter.
  • 1 fund opened new TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant positions in Q1 2022 and 6 closed out, a net change of -5 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 Q1 2022 was Boothbay Fund Management, an estimated $4.16K 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 Q1 2022 was Linden Advisors, an estimated $29.5M sold.

Based on aggregated 13F filings for Q1 2022.