Forbion European Acquisition Corp. Class A Ordinary Shares
FRBN
FRBN was delisted on the 31st of October, 2023.
38 hedge funds and large institutions have $106M invested in Forbion European Acquisition Corp. Class A Ordinary Shares in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
27% more funds holding
Funds holding: 30 → 38 (+8)
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
8% more capital invested
Capital invested by funds: $98.8M → $106M (+$7.44M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.68M |
| 2 |
CIM
Cowen Investment Management
New York
|
+$4.61M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$4.23M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$1.93M |
| 5 |
KL
KIM LLC
Wichita,
Kansas
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$9.24M |
| 2 |
Millennium Management
New York
|
-$4.17M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$3.19M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$255K |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
-$145K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
26
Cantor Fitzgerald
New York
| $1.22M | – | – | – |
|
27
State of Wisconsin Investment Board
Madison,
Wisconsin
| $1.08M | – | – | – |
|
|
AMC
28
Atlas Merchant Capital
New York
| $1.05M | – | – | – |
|
|
WA
29
Whitebox Advisors
Minneapolis,
Minnesota
| $1.05M | – | – | – |
|
|
SCM
30
Segantii Capital Management
Hong Kong
| $1.05M | +$1.04M | +100,000 | New |
|
|
GCL
31
Glazer Capital LLC
New York
| $707K | +$232K | +22,243 | +49% |
|
32
JP Morgan Chase
New York
| $691K | – | – | – |
|
|
TCSAM
33
Tyrus Capital S.A.M.
Monaco
| $527K | +$521K | +50,000 | New |
|
|
VF
34
Virtu Financial
New York
| $233K | +$230K | +22,072 | New |
|
|
OAC
35
OMERS Administration Corp
Toronto,
Ontario, Canada
| $211K | – | – | – |
|
|
FTCM
36
First Trust Capital Management
Chicago,
Illinois
| $183K | +$180K | +17,327 | New |
|
|
WAM
37
Wolverine Asset Management
Chicago,
Illinois
| $151K | +$131K | +12,586 | +740% |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| $1K | +$1.2K | +115 | New |
|
|
HCM
39
Highbridge Capital Management
New York
| – | -$9.24M | -893,152 | Closed |
|
|
CS
40
Clear Street
New York
| – | -$3K | -338 | Closed |
|
FRBN Hedge Fund Activity: Q1 2023 in Review
38 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Forbion European Acquisition Corp. Class A Ordinary Shares (FRBN) for Q1 2023, worth a combined $106M — up 7.5% from $98.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FRBN positions and 2 closed out — a net gain of 8 holders — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $4.68M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $9.24M sold.
- 38 institutional investors held Forbion European Acquisition Corp. Class A Ordinary Shares (FRBN) as of Q1 2023, up from 30 in Q4 2022.
- Funds reported $106M of Forbion European Acquisition Corp. Class A Ordinary Shares stock for Q1 2023, up 7.5% quarter-over-quarter.
- 10 funds opened new Forbion European Acquisition Corp. Class A Ordinary Shares positions in Q1 2023 and 2 closed out, a net change of +8 holders.
- The largest Forbion European Acquisition Corp. Class A Ordinary Shares buyer in Q1 2023 was Westchester Capital Management (New York), an estimated $4.68M added.
- The largest Forbion European Acquisition Corp. Class A Ordinary Shares seller in Q1 2023 was Highbridge Capital Management, an estimated $9.24M sold.
Based on aggregated 13F filings for Q1 2023.