Vault-13

TRINITY PL HLDGS INC TPHS

COM · Common Stock · CUSIP 89656D101

32 institutional holders +1 vs Q1 2023
20,555,70420.6m shares reported held*
53.9% of all shares outstanding*
$11.1mreported value*
0 new 3 added 9 reduced 0 sold out net sold ≈ $43.2k (-80.0k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 38.1m as of 2023-08-14, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $0.54.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 31Q4 22: 30Q1 23: 31Q2 23: 3232Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202231
Q4 202230
Q1 202331
Q2 202332

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q4 22: 14 bought or addedQ4 22: 12 cut or sold outQ4 22Q1 23: 12 bought or addedQ1 23: 6 cut or sold outQ1 23Q2 23: 3 bought or addedQ2 23: 9 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221412
Q1 2023126
Q2 202339

Biggest buyers

OSAIC HOLDINGS, INC. Added +21,000+21.0k
Tower Research Capital LLC (TRC) Added +1,320+1.3k
WELLS FARGO & COMPANY/MN Added +11+11

Biggest sellers

MILLENNIUM MANAGEMENT LLC Reduced -29,750-29.8k
BlackRock Inc. Reduced -24,666-24.7k
O'Keefe Stevens Advisory, Inc. Reduced -13,900-13.9k
CIBC WORLD MARKET INC. Reduced -10,133-10.1k
Teton Advisors, Inc. Reduced -10,000-10.0k
GABELLI FUNDS LLC Reduced -5,000-5.0k
CITADEL ADVISORS LLC Reduced -4,666-4.7k
UBS Group AG Reduced -2,663-2.7k
BOYAR ASSET MANAGEMENT INC. Reduced -1,578-1.6k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
STEEL PARTNERS HOLDINGS L.P. 13D · may seek influence new · filed 2025-02-21
Stated purposeOn February 5, 2025, Steel IP agreed to purchase 25,862,245 shares of Common Stock from TPHS Lender LLC ("Seller") in a private secondary transaction exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), pursuant to the terms and conditions of a stock purchase agreement ("SPA") entered into between Steel IP, the Seller and the Issuer, a copy of which is filed as Exhibit 99.2 hereto and incorporated herein by reference. Pursuant to the terms of the SPA, Steel IP agreed to pay aggregate consideration of $2,586,200, which represents $1,293,100 in consideration for the shares of Common Stock and the remainder of which constitutes consideration to the Seller for the various other covenants and obligations of the Seller pursuant to the SPA. T… Full filing
40.0% new 26.2m 2025-02-21
MFP INVESTORS LLC 13G · passive investor filed 2025-02-10 12.6% 8.2m 2025-02-10

Insider purchases and sales in Q2 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 1 buyingQ4 21: 0 sellingQ4 21Q1 22: 1 buyingQ1 22: 0 sellingQ2 22: 1 buyingQ2 22: 0 sellingQ2 22Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 3 buyingQ4 22: 1 sellingQ4 22Q1 23: 1 buyingQ1 23: 0 sellingQ2 23: 1 buyingQ2 23: 0 sellingQ2 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20210—0——
Q4 20211$3.7k0——
Q1 20221$10.5k0——
Q2 20221$127.5k0——
Q3 20220—0——
Q4 20223$79.6k1$55.2k—
Q1 20231$4.5k0——
Q2 20231$1.5k0——
DateInsiderTradeSharesPrice ValueTheir holding
2023-04-14 Messinger, Matthew President and CEO, director Bought 404 $0.40 $162404 shares +<1%
2023-04-13 Messinger, Matthew President and CEO, director Bought 404 $0.40 $162404 shares +<1%
2023-04-12 Messinger, Matthew President and CEO, director Bought 404 $0.42 $170404 shares +<1%
2023-04-11 Messinger, Matthew President and CEO, director Bought 202 $0.43 $87202 shares +<1%
2023-04-10 Messinger, Matthew President and CEO, director Bought 1,010 $0.43 $4341.0k shares +<1%
2023-04-03 Messinger, Matthew President and CEO, director Bought 1,108 $0.45 $4991.1k shares +<1%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Price Jennifer C. 1.71% of their portfolio NEW YORK, NY 9,232,6179.2m $5.0m $5.0m 1.71% Unchanged
2 THIRD AVENUE MANAGEMENT LLC 0.46% of their portfolio NEW YORK, NY 5,127,7865.1m $2.8m $2.8m 0.46% Unchanged
3 KAHN BROTHERS GROUP INC 0.12% of their portfolio NEW YORK, NY 1,492,4151.5m $805.5k $805.5k 0.12% Unchanged
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,095,6601.1m $591.7k $591.7k 0.00% Unchanged
5 Davidson Kempner Capital Management LP 0.01% of their portfolio New York, NY 750,000750.0k $405.0k $405.0k 0.01% Not comparable
6 Oppenheimer & Close, LLC 0.35% of their portfolio NEW YORK, NY 616,014616.0k $332.6k $332.6k 0.35% Unchanged
7 O'Keefe Stevens Advisory, Inc. 0.10% of their portfolio ROCHESTER, NY 446,826446.8k $241.3k $241.3k 0.10% Reduced -13.9k -13,900
8 Teton Advisors, Inc. 0.05% of their portfolio Rye, NY 340,000340.0k $183.6k $183.6k 0.05% Reduced -10.0k -10,000
9 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 241,000241.0k $130.1k $130.1k 0.00% Reduced -5.0k -5,000
10 Bulldog Investors, LLP 0.04% of their portfolio SADDLE BROOK, NJ 226,748226.7k $122.4k $122.4k 0.04% Unchanged
11 FIRST MANHATTAN CO. LLC. 0.00% of their portfolio NEW YORK, NY 154,640154.6k $83.5k $83.5k 0.00% Unchanged
12 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 146,939146.9k $79.0k $79.0k 0.00% Reduced -10.1k -10,133
13 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio HOUSTON, TX 135,900135.9k $73.4k $73.4k 0.00% Unchanged
14 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 92,25592.3k $49.8k $49.8k 0.00% Unchanged
15 BOYAR ASSET MANAGEMENT INC. 0.04% of their portfolio NEW YORK, NY 89,64089.6k $48.4k $48.4k 0.04% Reduced -1.6k -1,578
16 BlackRock Inc. 0.00% of their portfolio New York, NY 58,06458.1k $31.4k $31.4k 0.00% Reduced -24.7k -24,666
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 51,69551.7k $27.9k $27.9k 0.00% Unchanged
18 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 47,16447.2k $25.5k $25.5k 0.00% Unchanged
19 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 41,79341.8k $22.6k $22.6k 0.00% Unchanged
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 31,76331.8k $17.2k $17.2k 0.00% Unchanged
21 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 27,04527.0k $14.6k $14.6k 0.00% Reduced -29.8k -29,750
22 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 22,00022.0k $11.9k $11.9k 0.00% Added +21.0k +21,000
23 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 20,28820.3k $11.0k $11.0k 0.00% Reduced -4.7k -4,666
24 Cutter & CO Brokerage, Inc. 0.00% of their portfolio Ballwin, MO 19,10019.1k $10.3k $10.3k 0.00% Unchanged
25 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 12,50212.5k $7.0k $7.0k 0.00% Unchanged
26 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 12,50012.5k $7.0k $7.0k 0.00% Unchanged
27 Mraz, Amerine & Associates, Inc. 0.00% of their portfolio Modesto, CA 11,84711.8k $6.4k $6.4k 0.00% Unchanged
28 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 11,16011.2k $6.0k $6.0k 0.00% Added +1.3k +1,320
29 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 233233 $126 $126 0.00% Added +11 +11
30 UBS Group AG 0.00% of their portfolio ZURICH, V8 9999 $53 $53 0.00% Reduced -2.7k -2,663
31 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1111 $6 $6 0.00% Unchanged
32 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged