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 $38.2M 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 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 6 closing their positions.
0% more funds holding
Funds holding: 30 → 30 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
28% less capital invested
Capital invested by funds: $53M → $38.2M (-$14.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$1.97M |
| 2 |
EC
Elequin Capital
New York
|
+$491K |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$216K |
| 4 |
SCM
Saba Capital Management
New York
|
+$213K |
| 5 |
SC
Sculptor Capital
New York
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRF
Silver Rock Financial
Los Angeles,
California
|
-$4.19M |
| 2 |
SRCM
Sage Rock Capital Management
New York
|
-$3.76M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$2.2M |
| 4 |
TAL
TIG Advisors LLC
New York
|
-$1.81M |
| 5 |
Goldman Sachs
New York
|
-$1.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
26
Clear Street
New York
| $16K | +$15.6K | +1,591 | New |
|
|
CCM
27
Condor Capital Management
Martinsville,
New Jersey
| $11K | -$1.08K | -110 | -9% |
|
|
RCM
28
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| $10K | – | – | – |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| $7K | – | – | – |
|
|
MF
30
Magnetar Financial
Evanston,
Illinois
| $3.62K | -$2.2M | -224,005 | -38% |
|
|
SRF
31
Silver Rock Financial
Los Angeles,
California
| – | -$4.19M | -428,704 | Closed |
|
|
SRCM
32
Sage Rock Capital Management
New York
| – | -$3.76M | -382,500 | Closed |
|
|
33
Goldman Sachs
New York
| – | -$1.47M | -150,000 | Closed |
|
|
COPPSERS
34
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$494K | -50,000 | Closed |
|
|
SCM
35
Shaolin Capital Management
Miami,
Florida
| – | -$492K | -50,000 | Closed |
|
|
LIM
36
Longfellow Investment Management
Boston,
Massachusetts
| – | -$99K | -10,000 | Closed |
|
FRXB.U Hedge Fund Activity: Q2 2022 in Review
30 of the 5,936 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 Q2 2022, worth a combined $38.2M — down 28% from $53M a quarter earlier.
Fund positioning in FRXB.U was balanced in Q2 2022: 6 funds opened new positions, 6 closed out, 5 added to existing stakes and 6 trimmed.
The largest buyer was HGC Investment Management, adding an estimated $1.97M. The largest seller was Silver Rock Financial, exiting entirely with an estimated $4.19M 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 Q2 2022, unchanged from Q1 2022.
- Funds reported $38.2M 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 Q2 2022, down 28% quarter-over-quarter.
- 6 funds 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 Q2 2022 and 6 closed out, a net change of 0 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 Q2 2022 was HGC Investment Management, an estimated $1.97M 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 Q2 2022 was Silver Rock Financial, an estimated $4.19M sold.
Based on aggregated 13F filings for Q2 2022.