TortoiseEcofin Acquisition Corp. III (TRTLF)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	148.88 k	148.88 k	148.88 k	148.88 k	148.88 k	148.88 k
Cash burn (monthly)	5.60 k	(no burn)	38.16 k	228.13 k	(no burn)	52.05 k
Cash used (since last report)	39.36 k	n/a	267.96 k	1.60 mm	n/a	365.51 k
Cash remaining	109.52 k	n/a	-119.08 k	-1.45 mm	n/a	-216.63 k
Runway (months of cash)	19.5	n/a	-3.1	-6.4	n/a	-4.2

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2024

TRTLF institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	50	36	+38.9%
Opened positions	18	31	-41.9%
Closed positions	4	1	+300.0%
Increased positions	11	0	NEW
Reduced positions	4	0	NEW

13F shares	Current	Prev Q	Change
Total value	155.53 bn	3.61 bn	+4212.5%
Total shares	36.31 mm	21.61 mm	+68.1%
Total puts	0.00	0.00
Total calls	517.23 k	804.76 k	-35.7%
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
TortoiseEcofin Sponsor III	6.86 mm	$72.18 mm	0.0%
D. E. Shaw & Co	2.97 mm	$0.00	0.0%
Linden Capital	2.97 mm	$28.78 mm	0.0%
Fitzgerald Securities Cantor	2.51 mm	$0.00	0.0%
Westchester Capital Management	1.50 mm	$16.35 bn	NEW
Cowen And	1.37 mm	$11.02 bn	+681.3%
WRB W.R. Berkley Corporation 4.125%	1.30 mm	$14.24 bn	NEW
Mizuho Securities Usa	1.29 mm	$13.53 bn	NEW
Wolverine Asset Management	1.25 mm	$13.63 bn	NEW
Shaolin Capital Management	1.25 mm	$4.50 bn	+47.3%

Largest transactions	Shares	Bought/sold	Change
Westchester Capital Management	1.50 mm	+1.50 mm	NEW
WRB W.R. Berkley Corporation 4.125%	1.30 mm	+1.30 mm	NEW
Mizuho Securities Usa	1.29 mm	+1.29 mm	NEW
Wolverine Asset Management	1.25 mm	+1.25 mm	NEW
Cowen And	1.37 mm	+1.20 mm	+681.3%
Atlas Merchant Capital	1.16 mm	+1.16 mm	NEW
Meteora Capital	1.00 mm	+1.00 mm	NEW
Glazer Capital	804.47 k	+804.47 k	NEW
Aristeia Capital	923.45 k	+800.00 k	+648.0%
Flow State Investments	670.66 k	+560.66 k	+509.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

TRTLF insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
8 Sep 23	Matthew Schindel	Class B Ordinary Shares Class A Ordinary Shares	Other	Acquire J	No	No	20,000	20,000
8 Sep 23	TortoiseEcofin Sponsor III	Class B Ordinary Shares Class A Ordinary Shares	Other	Acquire J	No	No	60,000	6,915,000
8 Sep 23	Jack Leeney	Class B Ordinary Shares Class A Ordinary Shares	Other	Acquire J	No	No	20,000	20,000
8 Sep 23	Andrew B Lipsher	Class B Ordinary Shares Class A Ordinary Shares	Other	Acquire J	No	No	20,000	20,000

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.