Vault-13

FOREST ROAD ACQUISITION COR

CL A · CUSIP 34619V103

22 institutional holders -68 vs Q4 2022
3,978,2574.0m shares reported held*
$39.5mreported value*
10 new 6 added 5 reduced 74 sold out net sold ≈ $250.6m (-25.3m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $9.94.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 88Q4 22: 90Q1 23: 2222Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202288
Q4 202290
Q1 202322

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 23 bought or addedQ4 22: 28 cut or sold outQ4 22Q1 23: 16 bought or addedQ1 23: 79 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222328
Q1 20231679

Biggest buyers

JPMORGAN CHASE & CO New +499,180+499.2k
Sandia Investment Management LP New +400,000+400.0k
HIGHBRIDGE CAPITAL MANAGEMENT LLC New +334,487+334.5k
Shaolin Capital Management LLC Added +300,000+300.0k
BRC Group Holdings, Inc. New +137,454+137.5k
BOOTHBAY FUND MANAGEMENT, LLC Added +89,897+89.9k
Tidal Investments LLC New +80,000+80.0k
Tuttle Capital Management, LLC New +50,000+50.0k
ROBINSON CAPITAL MANAGEMENT, LLC New +40,250+40.2k
FIR TREE CAPITAL MANAGEMENT LP Added +37,858+37.9k

Biggest sellers

Beryl Capital Management LLC Reduced -3,066,979-3.1m
Saba Capital Management, L.P. Sold out -2,192,412-2.2m
MARSHALL WACE, LLP Sold out -1,634,511-1.6m
Sculptor Capital LP Sold out -1,531,610-1.5m
First Pacific Advisors, LP Sold out -1,491,463-1.5m
BANK OF AMERICA CORP /DE/ Sold out -1,083,513-1.1m
Periscope Capital Inc. Sold out -964,731-964.7k
MILLENNIUM MANAGEMENT LLC Sold out -930,775-930.8k
Linden Advisors LP Sold out -905,000-905.0k
Alberta Investment Management Corp Sold out -899,951-900.0k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 499,180499.2k $5.0m $5.0m 0.00% New
2 Beryl Capital Management LLC 3.59% of their portfolio REDONDO BEACH, CA 432,694432.7k $4.3m $4.3m 3.59% Reduced -3.1m -3,066,979
3 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.02% of their portfolio SAN FRANCISCO, CA 400,000400.0k $4.0m $4.0m 0.02% Reduced -850.0k -850,000
4 FIR TREE CAPITAL MANAGEMENT LP 0.32% of their portfolio New York, NY 400,000400.0k $4.0m $4.0m 0.32% Added +37.9k +37,858
5 Radcliffe Capital Management, L.P. 0.25% of their portfolio BALA CYNWYD, PA 400,000400.0k $4.0m $4.0m 0.25% Reduced -359.4k -359,450
6 Shaolin Capital Management LLC 0.12% of their portfolio Miami, FL 400,000400.0k $4.0m $4.0m 0.12% Added +300.0k +300,000
7 Sandia Investment Management LP 0.73% of their portfolio BOSTON, MA 400,000400.0k $4.0m $4.0m 0.73% New
8 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.16% of their portfolio NEW YORK, NY 334,487334.5k $3.3m $3.3m 0.16% New
9 Spartan Fund Management Inc. 0.64% of their portfolio TORONTO, ONTARIO, Z4 137,965138.0k $1.4m $1.4m 0.64% Added +37.0k +37,000
10 BRC Group Holdings, Inc. 0.36% of their portfolio LOS ANGELES, CA 137,454137.5k $1.4m $1.4m 0.36% New
11 BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio NEW YORK, NY 101,910101.9k $1.0m $1.0m 0.03% Added +89.9k +89,897
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 100,000100.0k $994.0k $994.0k 0.00% Reduced -577.5k -577,538
13 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 80,00080.0k $796.0k $796.0k 0.01% New
14 Tuttle Capital Management, LLC 3.23% of their portfolio RIVERSIDE, CT 50,00050.0k $497.0k $497.0k 3.23% New
15 ROBINSON CAPITAL MANAGEMENT, LLC 0.19% of their portfolio GROSSE POINTE FARMS, MI 40,25040.2k $402.5k $402.5k 0.19% New
16 ATW SPAC MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 20,14620.1k $200.3k $200.3k 0.07% New
17 Virtu Financial LLC 0.02% of their portfolio New York, NY 19,10719.1k $190.0k $190.0k 0.02% New
18 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 17,00017.0k $169.0k $169.0k 0.00% Added +4.0k +4,000
19 CLEAR STREET LLC 0.01% of their portfolio NEW YORK, NY 5,0005.0k $49.7k $49.7k 0.01% Added +4.0k +3,979
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,9643.0k $29.5k $29.5k 0.00% New
21 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 100100 $994 $994 0.00% Reduced -34.8k -34,819
22 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged