Fortune Rise Acquisition Corporation Units
FRLAU
FRLAU was delisted on the 2nd of October, 2024.
11 hedge funds and large institutions have $13.3M invested in Fortune Rise Acquisition Corporation Units in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 17 closing their positions.
58% less funds holding
Funds holding: 26 → 11 (-15)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
75% less capital invested
Capital invested by funds: $53.5M → $13.3M (-$40.2M)
88% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$430K |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$120K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.02K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$4.85M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$3.21M |
| 3 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$2.78M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$2.78M |
| 5 |
ASM
ATW SPAC Management
New York
|
-$2.78M |
FRLAU Hedge Fund Activity: Q1 2022 in Review
11 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Fortune Rise Acquisition Corporation Units (FRLAU) for Q1 2022, worth a combined $13.3M — down 75% from $53.5M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FRLAU and 2 opened new positions — a net loss of 15 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $430K. The largest seller was Cubist Systematic Strategies, exiting entirely with an estimated $4.85M sold.
- 11 institutional investors held Fortune Rise Acquisition Corporation Units (FRLAU) as of Q1 2022, down from 26 in Q4 2021.
- Funds reported $13.3M of Fortune Rise Acquisition Corporation Units stock for Q1 2022, down 75% quarter-over-quarter.
- 2 funds opened new Fortune Rise Acquisition Corporation Units positions in Q1 2022 and 17 closed out, a net change of -15 holders.
- The largest Fortune Rise Acquisition Corporation Units buyer in Q1 2022 was Flow Traders U.S., an estimated $430K added.
- The largest Fortune Rise Acquisition Corporation Units seller in Q1 2022 was Cubist Systematic Strategies, an estimated $4.85M sold.
Based on aggregated 13F filings for Q1 2022.