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.
16 hedge funds and large institutions have $43.7M invested in TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 6 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less funds holding
Funds holding: 19 → 16 (-3)
25% less capital invested
Capital invested by funds: $58.5M → $43.7M (-$14.8M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$352K |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$172K |
| 3 |
Mariner
Overland Park,
Kansas
|
+$128K |
| 4 |
Jane Street
New York
|
+$6.88K |
| 5 |
CS
Clear Street
New York
|
+$2.94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$8.67M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$4.91M |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$515K |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$496K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$402K |
TRTL.U Hedge Fund Activity: Q3 2022 in Review
16 of the 5,829 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 Q3 2022, worth a combined $43.7M — down 25% from $58.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TRTL.U and 3 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was Spartan Fund Management, adding an estimated $352K. The largest seller was HGC Investment Management, exiting entirely with an estimated $8.67M sold.
- 16 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 Q3 2022, down from 19 in Q2 2022.
- Funds reported $43.7M of TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant stock for Q3 2022, down 25% 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 Q3 2022 and 6 closed out, a net change of -3 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 Q3 2022 was Spartan Fund Management, an estimated $352K 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 Q3 2022 was HGC Investment Management, an estimated $8.67M sold.
Based on aggregated 13F filings for Q3 2022.