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.
23 hedge funds and large institutions have $34.4M 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 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 7 closing their positions.
10% less capital invested
Capital invested by funds: $38.2M → $34.4M (-$3.71M)
23% less funds holding
Funds holding: 30 → 23 (-7)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$217K |
| 2 |
CS
Clear Street
New York
|
+$90.4K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$61.5K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.62K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.05K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$1.97M |
| 2 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$960K |
| 3 |
SC
Sculptor Capital
New York
|
-$213K |
| 4 |
SCM
Saba Capital Management
New York
|
-$212K |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
-$196K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Calamos Advisors
Naperville,
Illinois
| – | -$196K | -20,000 | Closed |
|
|
SIM
27
Sandia Investment Management
Boston,
Massachusetts
| – | -$147K | -15,041 | Closed |
|
|
FTUS
28
Flow Traders U.S.
New York
| – | -$140K | -14,294 | Closed |
|
|
SG
29
StoneX Group
New York
| – | -$99K | -10,100 | Closed |
|
|
RCM
30
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$10K | -1,000 | Closed |
|
FRXB.U Hedge Fund Activity: Q3 2022 in Review
23 of the 5,805 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 Q3 2022, worth a combined $34.4M — down 9.7% from $38.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FRXB.U and 0 opened new positions — a net loss of 7 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Jane Street, adding an estimated $217K. The largest seller was HGC Investment Management, cutting an estimated $1.97M.
- 23 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 Q3 2022, down from 30 in Q2 2022.
- Funds reported $34.4M 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 Q3 2022, down 9.7% quarter-over-quarter.
- 0 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 Q3 2022 and 7 closed out, a net change of -7 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 Q3 2022 was Jane Street, an estimated $217K 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 Q3 2022 was HGC Investment Management, an estimated $1.97M sold.
Based on aggregated 13F filings for Q3 2022.