Fortune Rise Acquisition Corporation Class A Common Stock
FRLA
FRLA was delisted on the 1st of November, 2024.
11 hedge funds and large institutions have $30.4M invested in Fortune Rise Acquisition Corporation Class A Common Stock in 2021 Q4 according to their latest regulatory filings, with 11 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$6.19M |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$5.3M |
| 3 |
SV
Starboard Value
New York
|
+$4.93M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
+$2.73M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$2.73M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
1
Saba Capital Management
New York
| $6.2M | +$6.19M | +622,883 | New |
|
|
MSU
2
Mizuho Securities USA
New York
| $5.25M | +$5.3M | +533,536 | New |
|
|
SV
3
Starboard Value
New York
| $4.93M | +$4.93M | +496,086 | New |
|
|
FTCM
4
Fir Tree Capital Management
New York
| $2.74M | +$2.73M | +275,000 | New |
|
|
5
Hudson Bay Capital Management
Stamford,
Connecticut
| $2.74M | +$2.73M | +275,000 | New |
|
|
FLC
6
Fifth Lane Capital
Austin,
Texas
| $2.73M | +$2.73M | +275,000 | New |
|
|
KIM
7
Karpus Investment Management
Pittsford,
New York
| $2.3M | +$2.3M | +231,250 | New |
|
|
BCM
8
Beryl Capital Management
Redondo Beach,
California
| $1.82M | +$1.82M | +182,974 | New |
|
|
RCM
9
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| $995K | +$994K | +100,000 | New |
|
|
6CM
10
683 Capital Management
New York
| $596K | +$596K | +60,000 | New |
|
|
WAM
11
Wolverine Asset Management
Chicago,
Illinois
| $135K | +$135K | +13,600 | New |
|
FRLA Hedge Fund Activity: Q4 2021 in Review
11 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Fortune Rise Acquisition Corporation Class A Common Stock (FRLA) for Q4 2021, worth a combined $30.4M.
Buyers outnumbered sellers: 11 funds opened new FRLA positions and 0 closed out — a net gain of 11 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $6.19M.
- 11 institutional investors held Fortune Rise Acquisition Corporation Class A Common Stock (FRLA) as of Q4 2021, up from 0 in Q3 2021.
- Funds reported $30.4M of Fortune Rise Acquisition Corporation Class A Common Stock stock for Q4 2021.
- 11 funds opened new Fortune Rise Acquisition Corporation Class A Common Stock positions in Q4 2021 and 0 closed out, a net change of +11 holders.
- The largest Fortune Rise Acquisition Corporation Class A Common Stock buyer in Q4 2021 was Saba Capital Management, an estimated $6.19M added.
Based on aggregated 13F filings for Q4 2021.