Forest Road Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-th
FRX.U
FRX.U was delisted on the 25th of June, 2021.
10 hedge funds and large institutions have $5.94M invested in Forest Road Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-th in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 56 closing their positions.
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
84% less funds holding
Funds holding: 64 → 10 (-54)
96% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 56
98% less capital invested
Capital invested by funds: $265M → $5.94M (-$259M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$318K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$168K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$21M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$16.8M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$14.2M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$13.9M |
| 5 |
LA
Linden Advisors
New York
|
-$13.7M |
FRX.U Hedge Fund Activity: Q1 2021 in Review
10 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Forest Road Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-th (FRX.U) for Q1 2021, worth a combined $5.94M — down 98% from $265M a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of FRX.U and 2 opened new positions — a net loss of 54 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was Jane Street, adding an estimated $318K. The largest seller was HG Vora Capital Management, exiting entirely with an estimated $21M sold.
- 10 institutional investors held Forest Road Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-th (FRX.U) as of Q1 2021, down from 64 in Q4 2020.
- Funds reported $5.94M of Forest Road Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-th stock for Q1 2021, down 98% quarter-over-quarter.
- 2 funds opened new Forest Road Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-th positions in Q1 2021 and 56 closed out, a net change of -54 holders.
- The largest Forest Road Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-th buyer in Q1 2021 was Jane Street, an estimated $318K added.
- The largest Forest Road Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-th seller in Q1 2021 was HG Vora Capital Management, an estimated $21M sold.
Based on aggregated 13F filings for Q1 2021.