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.
13 hedge funds and large institutions have $42.3M invested in TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
0% more funds holding
Funds holding: 13 → 13 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
2% less capital invested
Capital invested by funds: $43.4M → $42.3M (-$1.03M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$132K |
| 2 |
CS
Clear Street
New York
|
+$129K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$19.7K |
| 4 |
Jane Street
New York
|
+$154 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gritstone Asset Management
Bethesda,
Maryland
|
-$1.4M |
| 2 |
SG
StoneX Group
New York
|
-$216K |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$61.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIM
1
Sandia Investment Management
Boston,
Massachusetts
| $27.7M | – | – | – |
|
|
BFM
2
Boothbay Fund Management
New York
| $11M | – | – | – |
|
|
CIM
3
Cowen Investment Management
New York
| $1.55M | – | – | – |
|
|
SIA
4
Schechter Investment Advisors
Birmingham,
Michigan
| $644K | -$61.2K | -5,950 | -9% |
|
|
5
Jane Street
New York
| $524K | +$154 | +15 | +0% |
|
|
LCM
6
Landscape Capital Management
Englewood,
New Jersey
| $282K | – | – | – |
|
|
WC
7
Wealthspring Capital
West Harrison,
New York
| $238K | – | – | – |
|
8
Mariner
Overland Park,
Kansas
| $134K | – | – | – |
|
|
CS
9
Clear Street
New York
| $134K | +$129K | +12,524 | +3,187% |
|
|
VF
10
Virtu Financial
New York
| $133K | +$132K | +12,823 | New |
|
|
11
UBS Group
Zurich,
Switzerland
| $19.8K | +$19.7K | +1,912 | New |
|
12
Osaic Holdings
Scottsdale,
Arizona
| $10.3K | – | – | – |
|
|
PMAM
13
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
GAM
14
Gritstone Asset Management
Bethesda,
Maryland
| – | -$1.4M | -136,697 | Closed |
|
|
SG
15
StoneX Group
New York
| – | -$216K | -21,027 | Closed |
|
TRTL.U Hedge Fund Activity: Q2 2023 in Review
13 of the 6,371 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 Q2 2023, worth a combined $42.3M — down 2.4% from $43.4M a quarter earlier.
Fund positioning in TRTL.U was balanced in Q2 2023: 2 funds opened new positions, 2 closed out, 2 added to existing stakes and 1 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $132K. The largest seller was Gritstone Asset Management, exiting entirely with an estimated $1.4M sold.
- 13 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 Q2 2023, unchanged from Q1 2023.
- Funds reported $42.3M of TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant stock for Q2 2023, down 2.4% quarter-over-quarter.
- 2 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 Q2 2023 and 2 closed out, a net change of 0 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 Q2 2023 was Virtu Financial, an estimated $132K 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 Q2 2023 was Gritstone Asset Management, an estimated $1.4M sold.
Based on aggregated 13F filings for Q2 2023.