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 $71.6M 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
135% more capital invested
Capital invested by funds: $30.4M → $71.6M (+$41.2M)
39.46% more ownership
Funds ownership: 29.7% → 69.16% (+39%)
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 |
FRLA Hedge Fund Activity: Q1 2022 in Review
37 of the 6,360 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 $71.6M — up 135% 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 $71.6M of Fortune Rise Acquisition Corporation Class A Common Stock stock for Q1 2022, up 135% 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.