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.
17 hedge funds and large institutions have $44.1M invested in TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant in 2022 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
6% more funds holding
Funds holding: 16 → 17 (+1)
1% more capital invested
Capital invested by funds: $43.7M → $44.1M (+$427K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Cohanzick Management
Pleasantville,
New York
|
+$994K |
| 2 |
ETH
Exos TFP Holdings
New York
|
+$287K |
| 3 |
SG
StoneX Group
New York
|
+$282K |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$208K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$2.92M |
| 2 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$478K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$172K |
| 4 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$115K |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$57K |
TRTL.U Hedge Fund Activity: Q4 2022 in Review
17 of the 6,223 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 2022, worth a combined $44.1M — up 0.98% from $43.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new TRTL.U positions and 3 closed out — a net gain of 1 holder — while 1 added to existing stakes and 6 trimmed.
The largest buyer was Cohanzick Management, opening a new position worth an estimated $994K. The largest seller was Sandia Investment Management, cutting an estimated $2.92M.
- 17 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 2022, up from 16 in Q3 2022.
- Funds reported $44.1M of TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant stock for Q4 2022, up 0.98% quarter-over-quarter.
- 4 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 2022 and 3 closed out, a net change of +1 holder.
- 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 2022 was Cohanzick Management, an estimated $994K 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 2022 was Sandia Investment Management, an estimated $2.92M sold.
Based on aggregated 13F filings for Q4 2022.