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 $91.3M invested in Fortune Rise Acquisition Corporation Class A Common Stock in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 5 closing their positions.
3% more capital invested
Capital invested by funds: $88.7M → $91.3M (+$2.64M)
0% more funds holding
Funds holding: 37 → 37 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2.09M |
| 2 |
Goldman Sachs
New York
|
+$2.01M |
| 3 |
RL
RPO LLC
Stamford,
Connecticut
|
+$1.62M |
| 4 |
SOA
Sea Otter Advisors
Miami,
Florida
|
+$1.4M |
| 5 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$421K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.84M |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$2.84M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.58M |
| 4 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$362K |
| 5 |
EFI
EHP Funds Inc
Toronto,
Canada
|
-$258K |
FRLA Hedge Fund Activity: Q1 2023 in Review
37 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Fortune Rise Acquisition Corporation Class A Common Stock (FRLA) for Q1 2023, worth a combined $91.3M — up 3% from $88.7M a quarter earlier.
Fund positioning in FRLA was balanced in Q1 2023: 5 funds opened new positions, 5 closed out, 6 added to existing stakes and 11 trimmed.
The largest buyer was Periscope Capital, adding an estimated $2.09M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $2.84M sold.
- 37 institutional investors held Fortune Rise Acquisition Corporation Class A Common Stock (FRLA) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $91.3M of Fortune Rise Acquisition Corporation Class A Common Stock stock for Q1 2023, up 3% quarter-over-quarter.
- 5 funds opened new Fortune Rise Acquisition Corporation Class A Common Stock positions in Q1 2023 and 5 closed out, a net change of 0 holders.
- The largest Fortune Rise Acquisition Corporation Class A Common Stock buyer in Q1 2023 was Periscope Capital, an estimated $2.09M added.
- The largest Fortune Rise Acquisition Corporation Class A Common Stock seller in Q1 2023 was Weiss Asset Management, an estimated $2.84M sold.
Based on aggregated 13F filings for Q1 2023.