Forge Global Holdings
FRGE
FRGE was delisted on the 27th of February, 2026.
68 hedge funds and large institutions have $94.6M invested in Forge Global Holdings in 2025 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 30 increasing their positions, 17 reducing their positions, and 37 closing their positions.
1,255% more call options, than puts
Call options by funds: $271K | Put options by funds: $20K
76% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 17
37.69% more ownership
Funds ownership: 2.65% → 40.34% (+38%)
17% more capital invested
Capital invested by funds: $80.9M → $94.6M (+$13.7M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
22% less funds holding
Funds holding: 87 → 68 (-19)
51% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.5M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.36M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$1.06M |
| 4 |
Millennium Management
New York
|
+$805K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$426K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Temasek Holdings
Singapore
|
-$41.7M |
| 2 |
AIC
AWM Investment Company
New York
|
-$761K |
| 3 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$378K |
| 4 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
-$209K |
| 5 |
Goldman Sachs
New York
|
-$189K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EI
101
Ethic Inc
New York
| – | -$6.12K | -716 | Closed |
|
|
SG
102
StoneX Group
New York
| – | -$5.69K | -675 | Closed |
|
103
SEI Investments
Oaks,
Pennsylvania
| – | -$5.66K | -671 | Closed |
|
104
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
| – | -$4.67K | -554 | Closed |
|
|
HPC
105
HM Payson & Co
Portland,
Maine
| – | -$2.25K | -267 | Closed |
|
FRGE Hedge Fund Activity: Q2 2025 in Review
68 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Forge Global Holdings (FRGE) for Q2 2025, worth a combined $94.6M — up 17% from $80.9M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of FRGE and 18 opened new positions — a net loss of 19 holders — while 17 trimmed existing stakes and 30 added.
The largest buyer was BlackRock, adding an estimated $1.5M. The largest seller was Temasek Holdings, exiting entirely with an estimated $41.7M sold.
- 68 institutional investors held Forge Global Holdings (FRGE) as of Q2 2025, down from 87 in Q1 2025.
- Funds reported $94.6M of Forge Global Holdings stock for Q2 2025, up 17% quarter-over-quarter.
- 18 funds opened new Forge Global Holdings positions in Q2 2025 and 37 closed out, a net change of -19 holders.
- The largest Forge Global Holdings buyer in Q2 2025 was BlackRock, an estimated $1.5M added.
- The largest Forge Global Holdings seller in Q2 2025 was Temasek Holdings, an estimated $41.7M sold.
Based on aggregated 13F filings for Q2 2025.