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 $88.7M invested in Fortune Rise Acquisition Corporation Class A Common Stock in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 4 closing their positions.
9% more capital invested
Capital invested by funds: $81.2M → $88.7M (+$7.42M)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
3% less funds holding
Funds holding: 38 → 37 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.57M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.47M |
| 3 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$1.02M |
| 4 |
RL
RPO LLC
Stamford,
Connecticut
|
+$998K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$498K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$330K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$128K |
| 4 |
SG
StoneX Group
New York
|
-$127K |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$102K |
FRLA Hedge Fund Activity: Q4 2022 in Review
37 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Fortune Rise Acquisition Corporation Class A Common Stock (FRLA) for Q4 2022, worth a combined $88.7M — up 9.1% from $81.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FRLA and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 6 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $2.57M. The largest seller was HRT Financial, exiting entirely with an estimated $498K sold.
- 37 institutional investors held Fortune Rise Acquisition Corporation Class A Common Stock (FRLA) as of Q4 2022, down from 38 in Q3 2022.
- Funds reported $88.7M of Fortune Rise Acquisition Corporation Class A Common Stock stock for Q4 2022, up 9.1% quarter-over-quarter.
- 3 funds opened new Fortune Rise Acquisition Corporation Class A Common Stock positions in Q4 2022 and 4 closed out, a net change of -1 holder.
- The largest Fortune Rise Acquisition Corporation Class A Common Stock buyer in Q4 2022 was Polar Asset Management Partners, an estimated $2.57M added.
- The largest Fortune Rise Acquisition Corporation Class A Common Stock seller in Q4 2022 was HRT Financial, an estimated $498K sold.
Based on aggregated 13F filings for Q4 2022.