Fintel reports that Integrated Core Strategies has filed a 13G/A form with the SEC disclosing ownership of 1.58MM shares of Tech and Energy Transition Corporation Class A (TETC). This represents 4.1% of the company.
In their previous filing dated January 31, 2022 they reported 2.14MM shares and 5.60% of the company, a decrease in shares of 26.12% and a decrease in total ownership of 1.50% (calculated as current - previous percent ownership).
Fund Sentiment
There are 93 funds or institutions reporting positions in Tech and Energy Transition. This is a decrease of 3 owner(s) or 3.12%.
Average portfolio weight of all funds dedicated to US:TETC is 0.1165%, an increase of 15.7369%. Total shares owned by institutions increased in the last three months by 10.29% to 35,717K shares.
What are large shareholders doing?
Saba Capital Management holds 3,104,795 shares representing 6.45% ownership of the company. In it's prior filing, the firm reported owning 3,089,696 shares, representing an increase of 0.49%. The firm decreased its portfolio allocation in TETC by 2.19% over the last quarter.
Magnetar Financial holds 2,294,493 shares representing 4.77% ownership of the company. In it's prior filing, the firm reported owning 373,506 shares, representing an increase of 83.72%. The firm increased its portfolio allocation in TETC by 730.37% over the last quarter.
Adage Capital Partners Gp, L.l.c. holds 2,100,000 shares representing 4.36% ownership of the company. No change in the last quarter.
Linden Advisors holds 2,000,000 shares representing 4.16% ownership of the company. No change in the last quarter.
Marshall Wace, Llp holds 1,820,517 shares representing 3.78% ownership of the company. No change in the last quarter.
This story originally appeared on Fintel.
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