Fortune Rise Acquisition Corporation Class A Common Stock
FRLA
FRLA was delisted on the 1st of November, 2024.
15 hedge funds and large institutions have $33.7M invested in Fortune Rise Acquisition Corporation Class A Common Stock in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
7% more funds holding
Funds holding: 14 → 15 (+1)
2% less capital invested
Capital invested by funds: $34.4M → $33.7M (-$746K)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$2.08M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$833K |
| 3 |
CS
Clear Street
New York
|
+$777K |
| 4 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$543K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$1.74M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$1.47M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.24M |
| 4 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
-$848K |
| 5 |
VF
Virtu Financial
New York
|
-$50.3K |
FRLA Hedge Fund Activity: Q3 2024 in Review
15 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Fortune Rise Acquisition Corporation Class A Common Stock (FRLA) for Q3 2024, worth a combined $33.7M — down 2.2% from $34.4M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FRLA positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 5 trimmed.
The largest buyer was Meteora Capital, opening a new position worth an estimated $2.08M. The largest seller was K2 Principal Fund, exiting entirely with an estimated $1.74M sold.
- 15 institutional investors held Fortune Rise Acquisition Corporation Class A Common Stock (FRLA) as of Q3 2024, up from 14 in Q2 2024.
- Funds reported $33.7M of Fortune Rise Acquisition Corporation Class A Common Stock stock for Q3 2024, down 2.2% quarter-over-quarter.
- 2 funds opened new Fortune Rise Acquisition Corporation Class A Common Stock positions in Q3 2024 and 1 closed out, a net change of +1 holder.
- The largest Fortune Rise Acquisition Corporation Class A Common Stock buyer in Q3 2024 was Meteora Capital, an estimated $2.08M added.
- The largest Fortune Rise Acquisition Corporation Class A Common Stock seller in Q3 2024 was K2 Principal Fund, an estimated $1.74M sold.
Based on aggregated 13F filings for Q3 2024.