Forum Markets
FRMM
12 hedge funds and large institutions have $61.6M invested in Forum Markets in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
54% more capital invested
Capital invested by funds: $40.2M → $61.6M (+$21.5M)
50% more funds holding
Funds holding: 8 → 12 (+4)
0.01% less ownership
Funds ownership: 0.03% → 0.01% (-0.01%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$8.75M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$3.88M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$3.17M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.03M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$738K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KIM
1
Karpus Investment Management
Pittsford,
New York
| $16.7M | +$3.03M | +82 | +22% |
|
|
AA
2
AQR Arbitrage
Greenwich,
Connecticut
| $8.75M | +$8.75M | +237 | New |
|
|
PAMP
3
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $6.9M | -$738K | -20 | -10% |
|
|
BFM
4
Boothbay Fund Management
New York
| $6.32M | +$3.17M | +86 | +102% |
|
|
HIM
5
HGC Investment Management
Toronto,
Ontario, Canada
| $4.97M | +$111K | +3 | +2% |
|
|
KPF
6
K2 Principal Fund
Toronto,
Ontario, Canada
| $4.96M | – | – | – |
|
|
WAM
7
Weiss Asset Management
Boston,
Massachusetts
| $4.14M | +$1.7M | +46 | +70% |
|
|
YCM
8
Yakira Capital Management
Westport,
Connecticut
| $3.89M | +$3.88M | +105 | New |
|
|
WRBC
9
W.R. Berkley Corp
Greenwich,
Connecticut
| $2.35M | – | – | – |
|
10
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1.22M | – | – | – |
|
|
PC
11
Periscope Capital
Toronto,
Ontario, Canada
| $982K | +$996K | +27 | New |
|
|
BCM
12
Basso Capital Management
Stamford,
Connecticut
| $408K | +$406K | +11 | New |
|
13
UBS Group
Zurich,
Switzerland
| $9K | – | – | – |
|
FRMM Hedge Fund Activity: Q3 2017 in Review
12 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Forum Markets (FRMM) for Q3 2017, worth a combined $61.6M — up 54% from $40.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FRMM positions and 0 closed out — a net gain of 4 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was AQR Arbitrage, opening a new position worth an estimated $8.75M. The largest seller was Polar Asset Management Partners, cutting an estimated $738K.
- 12 institutional investors held Forum Markets (FRMM) as of Q3 2017, up from 8 in Q2 2017.
- Funds reported $61.6M of Forum Markets stock for Q3 2017, up 54% quarter-over-quarter.
- 4 funds opened new Forum Markets positions in Q3 2017 and 0 closed out, a net change of +4 holders.
- The largest Forum Markets buyer in Q3 2017 was AQR Arbitrage, an estimated $8.75M added.
- The largest Forum Markets seller in Q3 2017 was Polar Asset Management Partners, an estimated $738K sold.
Based on aggregated 13F filings for Q3 2017.