Vault-13

FORGE GLOBAL HOLDINGS INC FRGE

COM SHS · Common Stock · CUSIP 34629L202

1 institutional holders -112 vs Q4 2025
6363 shares reported held*
$2.8kreported value*
0 new 1 added 0 reduced 109 sold out net sold ≈ $263.6m (-5.9m 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 ≈ $45.00.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q1 25: 3Q2 25: 66Q3 25: 80Q4 25: 113Q1 26: 11Q1 25Q2 25Q3 25Q4 25Q1 26
Numbers
QuarterHolders
Q1 20253
Q2 202566
Q3 202580
Q4 2025113
Q1 20261

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 25: 63 bought or addedQ2 25: 3 cut or sold outQ2 25Q3 25: 47 bought or addedQ3 25: 21 cut or sold outQ3 25Q4 25: 79 bought or addedQ4 25: 31 cut or sold outQ4 25Q1 26: 1 bought or addedQ1 26: 109 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2025633
Q3 20254721
Q4 20257931
Q1 20261109

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500k$1m$1.5m$2mQ2 25 calls: $271.5kQ2 25 puts: $20.0kQ2 25P/C 0.07Q3 25 calls: $199.3kQ3 25 puts: $254.5kQ3 25P/C 1.28Q4 25 calls: $1.8mQ4 25 puts: $1.1mQ4 25P/C 0.58Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$271.5k$20.0k0.07
Q3 2025$199.3k$254.5k1.28
Q4 2025$1.8m$1.1m0.58
Q1 2026$0$0—

Biggest buyers

IFP Advisors, Inc Added +17+17

Biggest sellers

BlackRock, Inc. Sold out -815,409-815.4k
ALLIANCEBERNSTEIN L.P. Sold out -368,124-368.1k
First Trust Capital Management L.P. Sold out -307,802-307.8k
FIL Ltd Sold out -300,000-300.0k
HSBC HOLDINGS PLC Sold out -282,696-282.7k
Qube Research & Technologies Ltd Sold out -276,460-276.5k
AWM Investment Company, Inc. Sold out -264,179-264.2k
GEODE CAPITAL MANAGEMENT, LLC Sold out -230,891-230.9k
RENAISSANCE TECHNOLOGIES LLC Sold out -226,079-226.1k
STATE STREET CORP Sold out -200,979-201.0k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
DEUTSCHE BORSE AG 13D · may seek influence no change · filed 2025-11-06 11.9% no change 1.6m 2025-11-06
BlackRock, Inc. 13G · institution +1.1 pts · filed 2026-01-21 5.9% +1.1 pts 813.3k 2026-01-21

Fell to 5% or below in the last year: GLAZER CAPITAL, LLC (0.0%, 2026-03-05)

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 6363 $2.8k $2.8k 0.00% Added +17 +17