Forest Road Acquisition Corp. II
FRXB
FRXB was delisted on the 12th of December, 2023.
76 hedge funds and large institutions have $268M invested in Forest Road Acquisition Corp. II in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
9% more funds holding
Funds holding: 70 → 76 (+6)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
3% more capital invested
Capital invested by funds: $260M → $268M (+$7.88M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$10.5M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$10.4M |
| 3 |
Goldman Sachs
New York
|
+$9.78M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$8.76M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$19.5M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$8.62M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$7.3M |
| 4 |
D.E. Shaw & Co
New York
|
-$6.28M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$5.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
76
Ancora Advisors
Cleveland,
Ohio
| $6K | +$5.84K | +600 | New |
|
|
HVCM
77
HG Vora Capital Management
New York
| – | -$19.5M | -2,000,000 | Closed |
|
|
PWAM
78
Park West Asset Management
San Francisco,
California
| – | -$5.84M | -600,000 | Closed |
|
|
UOC
79
UBS O'Connor
Chicago,
Illinois
| – | -$4M | -411,275 | Closed |
|
|
HIH
80
HRS Investment Holdings
New York
| – | -$524K | -53,805 | Closed |
|
|
GH
81
GAM Holding
Zurich,
Switzerland
| – | -$236K | -24,255 | Closed |
|
82
UBS Group
Zurich,
Switzerland
| – | -$11K | -1,105 | Closed |
|
FRXB Hedge Fund Activity: Q1 2022 in Review
76 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Forest Road Acquisition Corp. II (FRXB) for Q1 2022, worth a combined $268M — up 3% from $260M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FRXB positions and 6 closed out — a net gain of 6 holders — while 15 added to existing stakes and 14 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $10.5M. The largest seller was HG Vora Capital Management, exiting entirely with an estimated $19.5M sold.
- 76 institutional investors held Forest Road Acquisition Corp. II (FRXB) as of Q1 2022, up from 70 in Q4 2021.
- Funds reported $268M of Forest Road Acquisition Corp. II stock for Q1 2022, up 3% quarter-over-quarter.
- 12 funds opened new Forest Road Acquisition Corp. II positions in Q1 2022 and 6 closed out, a net change of +6 holders.
- The largest Forest Road Acquisition Corp. II buyer in Q1 2022 was Saba Capital Management, an estimated $10.5M added.
- The largest Forest Road Acquisition Corp. II seller in Q1 2022 was HG Vora Capital Management, an estimated $19.5M sold.
Based on aggregated 13F filings for Q1 2022.