Forterra, Inc
FRTA
FRTA was delisted on the 17th of March, 2022.
80 hedge funds and large institutions have $542M invested in Forterra, Inc in 2018 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 22 increasing their positions, 25 reducing their positions, and 22 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
1% less funds holding
Funds holding: 81 → 80 (-1)
12% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 25
26% less capital invested
Capital invested by funds: $730M → $542M (-$188M)
98% less call options, than puts
Call options by funds: $3K | Put options by funds: $173K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brigade Capital Management
New York
|
+$5.39M |
| 2 |
RA
Royce & Associates
New York
|
+$3.82M |
| 3 |
TAM
Taylor Asset Management
Toronto,
Ontario, Canada
|
+$3.53M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$2.83M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$7.03M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$4.06M |
| 3 |
Morgan Stanley
New York
|
-$2.98M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$2.77M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$2.69M |
FRTA Hedge Fund Activity: Q1 2018 in Review
80 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Forterra, Inc (FRTA) for Q1 2018, worth a combined $542M — down 26% from $730M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FRTA and 21 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 22 added.
The largest buyer was Brigade Capital Management, adding an estimated $5.39M. The largest seller was Intrinsic Edge Capital Management, exiting entirely with an estimated $7.03M sold.
- 80 institutional investors held Forterra, Inc (FRTA) as of Q1 2018, down from 81 in Q4 2017.
- Funds reported $542M of Forterra, Inc stock for Q1 2018, down 26% quarter-over-quarter.
- 21 funds opened new Forterra, Inc positions in Q1 2018 and 22 closed out, a net change of -1 holder.
- The largest Forterra, Inc buyer in Q1 2018 was Brigade Capital Management, an estimated $5.39M added.
- The largest Forterra, Inc seller in Q1 2018 was Intrinsic Edge Capital Management, an estimated $7.03M sold.
Based on aggregated 13F filings for Q1 2018.