PWP Forward Acquisition Corp. I Units
FRWAU
FRWAU was delisted on the 28th of November, 2022.
48 hedge funds and large institutions have $94M invested in PWP Forward Acquisition Corp. I Units in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 32 closing their positions.
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
35% less funds holding
Funds holding: 74 → 48 (-26)
46% less capital invested
Capital invested by funds: $173M → $94M (-$79.5M)
81% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$6.83M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2M |
| 3 |
SRF
Silver Rock Financial
Los Angeles,
California
|
+$1.19M |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$371K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
+$303K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$9.97M |
| 2 |
SC
Sculptor Capital
New York
|
-$8.81M |
| 3 |
TCIM
TOMS Capital Investment Management
New York
|
-$4.98M |
| 4 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$4.96M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$4.93M |
FRWAU Hedge Fund Activity: Q2 2021 in Review
48 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in PWP Forward Acquisition Corp. I Units (FRWAU) for Q2 2021, worth a combined $94M — down 46% from $173M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of FRWAU and 6 opened new positions — a net loss of 26 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $6.83M. The largest seller was Blackstone Inc, exiting entirely with an estimated $9.97M sold.
- 48 institutional investors held PWP Forward Acquisition Corp. I Units (FRWAU) as of Q2 2021, down from 74 in Q1 2021.
- Funds reported $94M of PWP Forward Acquisition Corp. I Units stock for Q2 2021, down 46% quarter-over-quarter.
- 6 funds opened new PWP Forward Acquisition Corp. I Units positions in Q2 2021 and 32 closed out, a net change of -26 holders.
- The largest PWP Forward Acquisition Corp. I Units buyer in Q2 2021 was Bulldog Investors, an estimated $6.83M added.
- The largest PWP Forward Acquisition Corp. I Units seller in Q2 2021 was Blackstone Inc, an estimated $9.97M sold.
Based on aggregated 13F filings for Q2 2021.