Forest Road Acquisition Corp. II
FRXB
FRXB was delisted on the 12th of December, 2023.
90 hedge funds and large institutions have $324M invested in Forest Road Acquisition Corp. II in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 13 closing their positions.
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
10% more capital invested
Capital invested by funds: $294M → $324M (+$30.6M)
2% more funds holding
Funds holding: 88 → 90 (+2)
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$34.8M |
| 2 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$14.8M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
+$3.71M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$1.99M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$8.18M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$5.61M |
| 3 |
CF
Cantor Fitzgerald
New York
|
-$4.48M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$3.36M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$3.02M |
FRXB Hedge Fund Activity: Q4 2022 in Review
90 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Forest Road Acquisition Corp. II (FRXB) for Q4 2022, worth a combined $324M — up 10% from $294M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FRXB positions and 13 closed out — a net gain of 2 holders — while 9 added to existing stakes and 15 trimmed.
The largest buyer was Beryl Capital Management, opening a new position worth an estimated $34.8M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $8.18M sold.
- 90 institutional investors held Forest Road Acquisition Corp. II (FRXB) as of Q4 2022, up from 88 in Q3 2022.
- Funds reported $324M of Forest Road Acquisition Corp. II stock for Q4 2022, up 10% quarter-over-quarter.
- 15 funds opened new Forest Road Acquisition Corp. II positions in Q4 2022 and 13 closed out, a net change of +2 holders.
- The largest Forest Road Acquisition Corp. II buyer in Q4 2022 was Beryl Capital Management, an estimated $34.8M added.
- The largest Forest Road Acquisition Corp. II seller in Q4 2022 was Highbridge Capital Management, an estimated $8.18M sold.
Based on aggregated 13F filings for Q4 2022.