Forum Markets
FRMM
11 hedge funds and large institutions have $49.1M invested in Forum Markets in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
10% more funds holding
Funds holding: 10 → 11 (+1)
1% more capital invested
Capital invested by funds: $48.5M → $49.1M (+$566K)
0% more ownership
Funds ownership: 0.01% → 0.02% (+0%)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$3.35M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$1.12M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$3.23M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$2.15M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$166K |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$120K |
| 5 |
Morgan Stanley
New York
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
1
Oxford Asset Management
Oxford,
United Kingdom
| $8.78M | -$3.23M | -81 | -27% |
|
|
WAM
2
Weiss Asset Management
Boston,
Massachusetts
| $8M | – | – | – |
|
|
MSU
3
Mizuho Securities USA
New York
| $7.98M | -$2.15M | -54 | -21% |
|
|
BCM
4
Basso Capital Management
Stamford,
Connecticut
| $5.85M | +$3.35M | +84 | +135% |
|
|
GCL
5
Glazer Capital LLC
New York
| $5.56M | +$1.12M | +28 | +25% |
|
|
KIM
6
Karpus Investment Management
Pittsford,
New York
| $5.21M | – | – | – |
|
|
YCM
7
Yakira Capital Management
Westport,
Connecticut
| $4.21M | – | – | – |
|
|
PC
8
Periscope Capital
Toronto,
Ontario, Canada
| $1.83M | -$120K | -3 | -6% |
|
|
CAC
9
Cowen and Company
New York
| $1.19M | +$1.2M | +30 | New |
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| $273K | – | – | – |
|
|
KPF
11
K2 Principal Fund
Toronto,
Ontario, Canada
| $212K | +$199K | +5 | New |
|
12
UBS Group
Zurich,
Switzerland
| $10K | – | – | – |
|
|
WRBC
13
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$166K | -4 | Closed |
|
|
14
Morgan Stanley
New York
| – | -$1K | – | – |
|
FRMM Hedge Fund Activity: Q3 2019 in Review
11 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Forum Markets (FRMM) for Q3 2019, worth a combined $49.1M — up 1.2% from $48.5M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FRMM positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Basso Capital Management, adding an estimated $3.35M. The largest seller was Oxford Asset Management, cutting an estimated $3.23M.
- 11 institutional investors held Forum Markets (FRMM) as of Q3 2019, up from 10 in Q2 2019.
- Funds reported $49.1M of Forum Markets stock for Q3 2019, up 1.2% quarter-over-quarter.
- 2 funds opened new Forum Markets positions in Q3 2019 and 1 closed out, a net change of +1 holder.
- The largest Forum Markets buyer in Q3 2019 was Basso Capital Management, an estimated $3.35M added.
- The largest Forum Markets seller in Q3 2019 was Oxford Asset Management, an estimated $3.23M sold.
Based on aggregated 13F filings for Q3 2019.