Fortune Rise Acquisition Corporation Class A Common Stock
FRLA
FRLA was delisted on the 1st of November, 2024.
37 hedge funds and large institutions have $68.8M invested in Fortune Rise Acquisition Corporation Class A Common Stock in 2022 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and closing their positions.
236% more funds holding
Funds holding: 11 → 37 (+26)
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
126% more capital invested
Capital invested by funds: $30.4M → $68.8M (+$38.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.1M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$4.78M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3M |
| 4 |
ASM
ATW SPAC Management
New York
|
+$2.75M |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLC
Fifth Lane Capital
Austin,
Texas
|
-$2.5M |
| 2 |
SV
Starboard Value
New York
|
-$623K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CC
26
Centiva Capital
New York
| $289K | +$286K | +28,682 | New |
|
|
FLC
27
Fifth Lane Capital
Austin,
Texas
| $251K | -$2.5M | -250,000 | -91% |
|
|
EFI
28
EHP Funds Inc
Toronto,
Canada
| $251K | +$250K | +25,000 | New |
|
|
SSA
29
Schonfeld Strategic Advisors
New York
| $231K | +$230K | +23,049 | New |
|
|
AA
30
Ancora Advisors
Cleveland,
Ohio
| $200K | +$199K | +19,900 | New |
|
31
State Street
Boston,
Massachusetts
| $131K | +$131K | +13,076 | New |
|
|
OMC
32
Old Mission Capital
Chicago,
Illinois
| $127K | +$126K | +12,651 | New |
|
|
CCM
33
CAAS Capital Management
New York
| $110K | +$109K | +10,920 | New |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| $8K | +$8.17K | +818 | New |
|
|
ASM
35
ATW SPAC Management
New York
| $2.76K | +$2.75M | +275,000 | New |
|
|
LIM
36
Longfellow Investment Management
Boston,
Massachusetts
| $1K | +$949 | +95 | New |
|
37
UBS Group
Zurich,
Switzerland
| – | +$260 | +26 | New |
|
FRLA Hedge Fund Activity: Q1 2022 in Review
37 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Fortune Rise Acquisition Corporation Class A Common Stock (FRLA) for Q1 2022, worth a combined $68.8M — up 126% from $30.4M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FRLA positions and 0 closed out — a net gain of 26 holders — while 6 added to existing stakes and 2 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $5.1M. The largest seller was Fifth Lane Capital, cutting an estimated $2.5M.
- 37 institutional investors held Fortune Rise Acquisition Corporation Class A Common Stock (FRLA) as of Q1 2022, up from 11 in Q4 2021.
- Funds reported $68.8M of Fortune Rise Acquisition Corporation Class A Common Stock stock for Q1 2022, up 126% quarter-over-quarter.
- 26 funds opened new Fortune Rise Acquisition Corporation Class A Common Stock positions in Q1 2022 and 0 closed out, a net change of +26 holders.
- The largest Fortune Rise Acquisition Corporation Class A Common Stock buyer in Q1 2022 was Karpus Investment Management, an estimated $5.1M added.
- The largest Fortune Rise Acquisition Corporation Class A Common Stock seller in Q1 2022 was Fifth Lane Capital, an estimated $2.5M sold.
Based on aggregated 13F filings for Q1 2022.