Forterra, Inc
FRTA
FRTA was delisted on the 17th of March, 2022.
85 hedge funds and large institutions have $289M invested in Forterra, Inc in 2017 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 17 closing their positions.
59% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 17
13% more funds holding
Funds holding: 75 → 85 (+10)
5% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 21
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
45% less capital invested
Capital invested by funds: $526M → $289M (-$237M)
82% less call options, than puts
Call options by funds: $77K | Put options by funds: $427K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$13.2M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$5.57M |
| 3 |
RCM
Redwood Capital Management
New York
|
+$3.73M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$3.59M |
| 5 |
BCM
Brigade Capital Management
New York
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$25.2M |
| 2 |
LCM
Lafitte Capital Management
Austin,
Texas
|
-$8.23M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$7.84M |
| 4 |
SPCM
Sound Point Capital Management
New York
|
-$3.01M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.67M |
FRTA Hedge Fund Activity: Q3 2017 in Review
85 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Forterra, Inc (FRTA) for Q3 2017, worth a combined $289M — down 45% from $526M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FRTA positions and 17 closed out — a net gain of 10 holders — while 22 added to existing stakes and 21 trimmed.
The largest buyer was Frontier Capital Management, opening a new position worth an estimated $13.2M. The largest seller was Capital World Investors, exiting entirely with an estimated $25.2M sold.
- 85 institutional investors held Forterra, Inc (FRTA) as of Q3 2017, up from 75 in Q2 2017.
- Funds reported $289M of Forterra, Inc stock for Q3 2017, down 45% quarter-over-quarter.
- 27 funds opened new Forterra, Inc positions in Q3 2017 and 17 closed out, a net change of +10 holders.
- The largest Forterra, Inc buyer in Q3 2017 was Frontier Capital Management, an estimated $13.2M added.
- The largest Forterra, Inc seller in Q3 2017 was Capital World Investors, an estimated $25.2M sold.
Based on aggregated 13F filings for Q3 2017.