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.
6 hedge funds and large institutions have $231K invested in TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant in 2024 Q1 according to their latest regulatory filings, with 1 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
9% more capital invested
Capital invested by funds: $213K → $231K (+$18.1K)
14% less funds holding
Funds holding: 7 → 6 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$136K |
| 2 |
CS
Clear Street
New York
|
+$36.5K |
| 3 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$1.68K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
-$137K |
| 2 |
Morgan Stanley
New York
|
-$21.4K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$422 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $138K | +$136K | +12,735 | New |
|
|
CS
2
Clear Street
New York
| $54.9K | +$36.5K | +3,403 | +203% |
|
|
3
Morgan Stanley
New York
| $21.5K | -$21.4K | -2,000 | -50% |
|
4
Osaic Holdings
Scottsdale,
Arizona
| $10.8K | – | – | – |
|
|
SFM
5
Spartan Fund Management
Toronto, Ontario,
Canada
| $5.16K | +$1.68K | +157 | +50% |
|
|
PMAM
6
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
7
Mariner
Overland Park,
Kansas
| – | -$137K | -13,000 | Closed |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$422 | -40 | Closed |
|
TRTL.U Hedge Fund Activity: Q1 2024 in Review
6 of the 6,945 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 2024, worth a combined $231K — up 8.5% from $213K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of TRTL.U and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $136K. The largest seller was Mariner, exiting entirely with an estimated $137K sold.
- 6 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 2024, down from 7 in Q4 2023.
- Funds reported $231K of TortoiseEcofin Acquisition Corp. III Units each consisting of one Class A Ordinary Share, and one-fourth of one redeemable warrant stock for Q1 2024, up 8.5% 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 2024 and 2 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 Q1 2024 was Susquehanna International Group, an estimated $136K 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 2024 was Mariner, an estimated $137K sold.
Based on aggregated 13F filings for Q1 2024.