Forest Road Acquisition Corp. II
FRXB
FRXB was delisted on the 12th of December, 2023.
21 hedge funds and large institutions have $39.1M invested in Forest Road Acquisition Corp. II in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 77 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
77% less funds holding
Funds holding: 90 → 21 (-69)
87% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 77
88% less capital invested
Capital invested by funds: $324M → $39.1M (-$285M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$5.02M |
| 2 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
+$4.02M |
| 3 |
HCM
Highbridge Capital Management
New York
|
+$3.36M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$3.02M |
| 5 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$30.8M |
| 2 |
SCM
Saba Capital Management
New York
|
-$22M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$16.4M |
| 4 |
SC
Sculptor Capital
New York
|
-$15.4M |
| 5 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$15M |
FRXB Hedge Fund Activity: Q1 2023 in Review
21 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Forest Road Acquisition Corp. II (FRXB) for Q1 2023, worth a combined $39.1M — down 88% from $324M a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of FRXB and 10 opened new positions — a net loss of 67 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $5.02M. The largest seller was Beryl Capital Management, cutting an estimated $30.8M.
- 21 institutional investors held Forest Road Acquisition Corp. II (FRXB) as of Q1 2023, down from 90 in Q4 2022.
- Funds reported $39.1M of Forest Road Acquisition Corp. II stock for Q1 2023, down 88% quarter-over-quarter.
- 10 funds opened new Forest Road Acquisition Corp. II positions in Q1 2023 and 77 closed out, a net change of -67 holders.
- The largest Forest Road Acquisition Corp. II buyer in Q1 2023 was JP Morgan Chase, an estimated $5.02M added.
- The largest Forest Road Acquisition Corp. II seller in Q1 2023 was Beryl Capital Management, an estimated $30.8M sold.
Based on aggregated 13F filings for Q1 2023.