Twelve Seas Investment Company II Unit
TWLVU
TWLVU was delisted on the 30th of April, 2024.
16 hedge funds and large institutions have $16.7M invested in Twelve Seas Investment Company II Unit in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 12 closing their positions.
36% less funds holding
Funds holding: 25 → 16 (-9)
51% less capital invested
Capital invested by funds: $34.2M → $16.7M (-$17.5M)
75% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 12
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$347K |
| 2 |
VF
Virtu Financial
New York
|
+$203K |
| 3 |
CS
Clear Street
New York
|
+$9.93K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$6.63M |
| 2 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$6.1M |
| 3 |
TAL
TIG Advisors LLC
New York
|
-$2.06M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.97M |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$531K |
TWLVU Hedge Fund Activity: Q4 2022 in Review
16 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Twelve Seas Investment Company II Unit (TWLVU) for Q4 2022, worth a combined $16.7M — down 51% from $34.2M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TWLVU and 3 opened new positions — a net loss of 9 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $347K. The largest seller was Wealthspring Capital, exiting entirely with an estimated $6.63M sold.
- 16 institutional investors held Twelve Seas Investment Company II Unit (TWLVU) as of Q4 2022, down from 25 in Q3 2022.
- Funds reported $16.7M of Twelve Seas Investment Company II Unit stock for Q4 2022, down 51% quarter-over-quarter.
- 3 funds opened new Twelve Seas Investment Company II Unit positions in Q4 2022 and 12 closed out, a net change of -9 holders.
- The largest Twelve Seas Investment Company II Unit buyer in Q4 2022 was Rivernorth Capital Management, an estimated $347K added.
- The largest Twelve Seas Investment Company II Unit seller in Q4 2022 was Wealthspring Capital, an estimated $6.63M sold.
Based on aggregated 13F filings for Q4 2022.