SV
FRLA

Starboard Value’s Fortune Rise Acquisition Corporation Class A Common Stock FRLA Stock Holding History

Starboard Value’s Portfolio FRLA Stock Details FRLA Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2023
Q2 		– Sell
-433,688
Closed -$4.62M – 73
2023
Q1 		$4.62M Hold
433,688
– – 0.09% 58
2022
Q4 		$4.48M Hold
433,688
– – 0.09% 85
2022
Q3 		$4.41M Hold
433,688
– – 0.1% 93
2022
Q2 		$4.36M Hold
433,688
– – 0.08% 98
2022
Q1 		$4.35M Sell
433,688
-62,398
-13% -$623K 0.06% 90
2021
Q4 		$4.93M Buy
+496,086
New +$4.93M 0.07% 59

Other funds holding FRLA

KIM
Karpus Investment Management Pittsford, New York $3.21B AUM 6.83% 1-Year Est. Return
YCM
Yakira Capital Management Westport, Connecticut $342M AUM 26.97% 1-Year Est. Return
FTCM
Fir Tree Capital Management New York $21.8M AUM 1.61% 1-Year Est. Return
WCMNY
Westchester Capital Management (New York) Valhalla, New York $2.21B AUM 26.02% 1-Year Est. Return
Hudson Bay Capital Management
Hudson Bay Capital Management Stamford, Connecticut $29B AUM 30.2% 1-Year Est. Return
SFM
Spartan Fund Management Toronto, Ontario, Canada $30M AUM 11.98% 1-Year Est. Return
WAM
Wolverine Asset Management Chicago, Illinois $10.4B AUM 4.78% 1-Year Est. Return
AA
AQR Arbitrage Greenwich, Connecticut $6.09B AUM 27.01% 1-Year Est. Return
RCM
Radcliffe Capital Management Bala Cynwyd, Pennsylvania $1.33B AUM 1.18% 1-Year Est. Return
KL
KIM LLC Wichita, Kansas $976M AUM 0.91% 1-Year Est. Return

Starboard Value's FRLA Position: Q2 2023 in Review

Starboard Value sold out of Fortune Rise Acquisition Corporation Class A Common Stock (FRLA) in Q2 2023, closing a stake of 433,688 shares — an estimated $4.62M sold.

Starboard Value first reported a position in FRLA in Q4 2021 and held it in 6 quarters. The position peaked at $4.93M in Q4 2021. 21 funds tracked by Wall St. Rank hold FRLA as of Q2 2023.

  • Starboard Value reported no remaining Fortune Rise Acquisition Corporation Class A Common Stock position as of Q2 2023 after selling out during the quarter.
  • Starboard Value sold 433,688 Fortune Rise Acquisition Corporation Class A Common Stock shares in Q2 2023, an estimated $4.62M.
  • Starboard Value first reported a position in Fortune Rise Acquisition Corporation Class A Common Stock in Q4 2021 and held it in 6 quarters.
  • Starboard Value's Fortune Rise Acquisition Corporation Class A Common Stock position peaked at $4.93M in Q4 2021.
  • 21 funds tracked by Wall St. Rank held Fortune Rise Acquisition Corporation Class A Common Stock as of Q2 2023.

Based on Starboard Value's 13F filing for Q2 2023, filed 11 Aug 2023.