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 $79.3M invested in Fortune Rise Acquisition Corporation Class A Common Stock in 2022 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 5 closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
11% more capital invested
Capital invested by funds: $71.6M → $79.3M (+$7.72M)
0% more funds holding
Funds holding: 37 → 37 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
7.97% less ownership
Funds ownership: 69.16% → 61.19% (-8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$5.51M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2.12M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$654K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$550K |
| 5 |
MSU
Mizuho Securities USA
New York
|
+$460K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$2.01M |
| 2 |
FLC
Fifth Lane Capital
Austin,
Texas
|
-$251K |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$200K |
| 4 |
CC
Centiva Capital
New York
|
-$115K |
| 5 |
State Street
Boston,
Massachusetts
|
-$24.1K |
FRLA Hedge Fund Activity: Q2 2022 in Review
37 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Fortune Rise Acquisition Corporation Class A Common Stock (FRLA) for Q2 2022, worth a combined $79.3M — up 11% from $71.6M a quarter earlier.
Fund positioning in FRLA was balanced in Q2 2022: 5 funds opened new positions, 5 closed out, 11 added to existing stakes and 3 trimmed.
The largest buyer was Yakira Capital Management, opening a new position worth an estimated $5.51M. The largest seller was Beryl Capital Management, exiting entirely with an estimated $2.01M sold.
- 37 institutional investors held Fortune Rise Acquisition Corporation Class A Common Stock (FRLA) as of Q2 2022, unchanged from Q1 2022.
- Funds reported $79.3M of Fortune Rise Acquisition Corporation Class A Common Stock stock for Q2 2022, up 11% quarter-over-quarter.
- 5 funds opened new Fortune Rise Acquisition Corporation Class A Common Stock positions in Q2 2022 and 5 closed out, a net change of 0 holders.
- The largest Fortune Rise Acquisition Corporation Class A Common Stock buyer in Q2 2022 was Yakira Capital Management, an estimated $5.51M added.
- The largest Fortune Rise Acquisition Corporation Class A Common Stock seller in Q2 2022 was Beryl Capital Management, an estimated $2.01M sold.
Based on aggregated 13F filings for Q2 2022.