Fortune Rise Acquisition Corporation Class A Common Stock
FRLA
FRLA was delisted on the 1st of November, 2024.
14 hedge funds and large institutions have $34.4M invested in Fortune Rise Acquisition Corporation Class A Common Stock in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 5 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
5% more capital invested
Capital invested by funds: $32.7M → $34.4M (+$1.69M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
18% less funds holding
Funds holding: 17 → 14 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Centiva Capital
New York
|
+$3.19M |
| 2 |
CM
Crystalline Management
Montreal, Quebec,
Canada
|
+$1.68M |
| 3 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
+$1.68M |
| 4 |
CS
Clear Street
New York
|
+$1.31M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$938K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$5.53M |
| 2 |
QL
Quarry LP
New York
|
-$1.67M |
| 3 |
MSU
Mizuho Securities USA
New York
|
-$1.03M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$903K |
| 5 |
CAC
Cowen and Company
New York
|
-$368K |
FRLA Hedge Fund Activity: Q2 2024 in Review
14 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Fortune Rise Acquisition Corporation Class A Common Stock (FRLA) for Q2 2024, worth a combined $34.4M — up 5.2% from $32.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FRLA and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 7 added.
The largest buyer was Centiva Capital, adding an estimated $3.19M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $5.53M sold.
- 14 institutional investors held Fortune Rise Acquisition Corporation Class A Common Stock (FRLA) as of Q2 2024, down from 17 in Q1 2024.
- Funds reported $34.4M of Fortune Rise Acquisition Corporation Class A Common Stock stock for Q2 2024, up 5.2% quarter-over-quarter.
- 2 funds opened new Fortune Rise Acquisition Corporation Class A Common Stock positions in Q2 2024 and 5 closed out, a net change of -3 holders.
- The largest Fortune Rise Acquisition Corporation Class A Common Stock buyer in Q2 2024 was Centiva Capital, an estimated $3.19M added.
- The largest Fortune Rise Acquisition Corporation Class A Common Stock seller in Q2 2024 was Fir Tree Capital Management, an estimated $5.53M sold.
Based on aggregated 13F filings for Q2 2024.