TruGolf
TRUG
20 hedge funds and large institutions have $43.9M invested in TruGolf in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 25 closing their positions.
53% less funds holding
Funds holding: 43 → 20 (-23)
57.14% less ownership
Funds ownership: 88.87% → 31.72% (-57%)
63% less capital invested
Capital invested by funds: $119M → $43.9M (-$74.9M)
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
88% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$2.09M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$761K |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$228K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.08K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$12.5M |
| 2 |
SCM
Saba Capital Management
New York
|
-$11.2M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$9.13M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$7.55M |
| 5 |
D.E. Shaw & Co
New York
|
-$5.66M |
TRUG Hedge Fund Activity: Q4 2022 in Review
20 of the 6,238 institutional investors tracked by Wall St. Rank reported a position in TruGolf (TRUG) for Q4 2022, worth a combined $43.9M — down 63% from $119M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of TRUG and 3 opened new positions — a net loss of 22 holders — while 8 trimmed existing stakes and 1 added.
The largest buyer was Hudson Bay Capital Management, adding an estimated $2.09M. The largest seller was Karpus Investment Management, cutting an estimated $12.5M.
- 20 institutional investors held TruGolf (TRUG) as of Q4 2022, down from 43 in Q3 2022.
- Funds reported $43.9M of TruGolf stock for Q4 2022, down 63% quarter-over-quarter.
- 3 funds opened new TruGolf positions in Q4 2022 and 25 closed out, a net change of -22 holders.
- The largest TruGolf buyer in Q4 2022 was Hudson Bay Capital Management, an estimated $2.09M added.
- The largest TruGolf seller in Q4 2022 was Karpus Investment Management, an estimated $12.5M sold.
Based on aggregated 13F filings for Q4 2022.