Forest Road Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant
FRXB.U
FRXB.U was delisted on the 12th of December, 2023.
30 hedge funds and large institutions have $53M invested in Forest Road Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 9 closing their positions.
7% less capital invested
Capital invested by funds: $56.8M → $53M (-$3.79M)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
21% less funds holding
Funds holding: 38 → 30 (-8)
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
+$124K |
| 2 |
Walleye Trading
New York
|
+$17.3K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$7.86K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$4.75K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$991K |
| 2 |
CCM
Context Capital Management
Lajolla,
California
|
-$496K |
| 3 |
CF
Cantor Fitzgerald
New York
|
-$446K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$258K |
| 5 |
LCM
Lynwood Capital Management
Toronto,
Ontario, Canada
|
-$248K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
26
Condor Capital Management
Martinsville,
New Jersey
| $12K | – | – | – |
|
|
RCM
27
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| $10K | – | – | – |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| $7K | +$7.86K | +800 | New |
|
|
GCL
29
Glazer Capital LLC
New York
| $2K | +$707 | +72 | +72% |
|
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$991K | -100,000 | Closed |
|
|
CCM
31
Context Capital Management
Lajolla,
California
| – | -$496K | -50,000 | Closed |
|
|
CF
32
Cantor Fitzgerald
New York
| – | -$446K | -45,048 | Closed |
|
|
33
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$258K | -26,000 | Closed |
|
|
LCM
34
Lynwood Capital Management
Toronto,
Ontario, Canada
| – | -$248K | -25,000 | Closed |
|
|
AS
35
Altshuler Shaham
Tel Aviv,
Israel
| – | -$240K | -24,265 | Closed |
|
|
WCA
36
Waratah Capital Advisors
Toronto,
Ontario, Canada
| – | -$166K | -16,785 | Closed |
|
|
AA
37
Ancora Advisors
Cleveland,
Ohio
| – | -$6K | -600 | Closed |
|
FRXB.U Hedge Fund Activity: Q1 2022 in Review
30 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Forest Road Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant (FRXB.U) for Q1 2022, worth a combined $53M — down 6.7% from $56.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FRXB.U and 1 opened new positions — a net loss of 8 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was TIG Advisors LLC, adding an estimated $124K. The largest seller was Royal Bank of Canada, exiting entirely with an estimated $991K sold.
- 30 institutional investors held Forest Road Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant (FRXB.U) as of Q1 2022, down from 38 in Q4 2021.
- Funds reported $53M of Forest Road Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant stock for Q1 2022, down 6.7% quarter-over-quarter.
- 1 fund opened new Forest Road Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant positions in Q1 2022 and 9 closed out, a net change of -8 holders.
- The largest Forest Road Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant buyer in Q1 2022 was TIG Advisors LLC, an estimated $124K added.
- The largest Forest Road Acquisition Corp. II Units, each consisting of one share of Class A common stock, and one-fifth of one redeemable warrant seller in Q1 2022 was Royal Bank of Canada, an estimated $991K sold.
Based on aggregated 13F filings for Q1 2022.