Forest Road Acquisition Corp. II
FRXB
FRXB was delisted on the 12th of December, 2023.
22 hedge funds and large institutions have $42.4M invested in Forest Road Acquisition Corp. II in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
8% more capital invested
Capital invested by funds: $39.1M → $42.4M (+$3.24M)
5% more funds holding
Funds holding: 21 → 22 (+1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $4.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.03M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.37M |
| 3 |
CAC
Cowen and Company
New York
|
+$2.71M |
| 4 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$2.39M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$4.3M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$4.03M |
| 3 |
JP Morgan Chase
New York
|
-$4.02M |
| 4 |
HCM
Highbridge Capital Management
New York
|
-$2.36M |
| 5 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$1.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
26
Virtu Financial
New York
| – | -$190K | -19,107 | Closed |
|
|
CS
27
Clear Street
New York
| – | -$49.7K | -5,000 | Closed |
|
28
UBS Group
Zurich,
Switzerland
| – | -$29.5K | -2,964 | Closed |
|
FRXB Hedge Fund Activity: Q2 2023 in Review
22 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Forest Road Acquisition Corp. II (FRXB) for Q2 2023, worth a combined $42.4M — up 8.3% from $39.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FRXB positions and 6 closed out — a net gain of 1 holder — while 6 added to existing stakes and 3 trimmed.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $4.03M. The largest seller was Beryl Capital Management, exiting entirely with an estimated $4.3M sold.
- 22 institutional investors held Forest Road Acquisition Corp. II (FRXB) as of Q2 2023, up from 21 in Q1 2023.
- Funds reported $42.4M of Forest Road Acquisition Corp. II stock for Q2 2023, up 8.3% quarter-over-quarter.
- 7 funds opened new Forest Road Acquisition Corp. II positions in Q2 2023 and 6 closed out, a net change of +1 holder.
- The largest Forest Road Acquisition Corp. II buyer in Q2 2023 was Westchester Capital Management (New York), an estimated $4.03M added.
- The largest Forest Road Acquisition Corp. II seller in Q2 2023 was Beryl Capital Management, an estimated $4.3M sold.
Based on aggregated 13F filings for Q2 2023.