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.
3 hedge funds and large institutions have $44.9K 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 2023 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 1 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
25% less funds holding
Funds holding: 4 → 3 (-1)
48% less capital invested
Capital invested by funds: $86.4K → $44.9K (-$41.5K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$5.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$45.5K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.87K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Clear Street
New York
| $38.6K | +$5.16K | +502 | +16% |
|
|
LIM
2
Longfellow Investment Management
Boston,
Massachusetts
| $4.81K | – | – | – |
|
|
3
UBS Group
Zurich,
Switzerland
| $1.47K | -$1.87K | -182 | -56% |
|
|
SFM
4
Spartan Fund Management
Toronto, Ontario,
Canada
| – | -$45.5K | -9,545 | Closed |
|
FRXB.U Hedge Fund Activity: Q3 2023 in Review
3 of the 6,301 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 2023, worth a combined $44.9K — down 48% from $86.4K a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of FRXB.U and 0 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, adding an estimated $5.16K. The largest seller was Spartan Fund Management, exiting entirely with an estimated $45.5K sold.
- 3 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 2023, down from 4 in Q2 2023.
- Funds reported $44.9K 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 2023, down 48% 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 2023 and 1 closed out, a net change of -1 holder.
- 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 2023 was Clear Street, an estimated $5.16K 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 2023 was Spartan Fund Management, an estimated $45.5K sold.
Based on aggregated 13F filings for Q3 2023.