Vault-13

FORGEROCK INC

CL A · CUSIP 34631B101

144 institutional holders +1 vs Q4 2022
42,940,13042.9m shares reported held*
$882.5mreported value*
27 new 70 added 27 reduced 27 sold out net bought ≈ $97.4m (+4.7m 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 ≈ $20.55. Options: 13 managers hold calls ($5.1m notional), 14 hold puts ($30.5m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 95Q4 22: 143Q1 23: 144144Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202295
Q4 2022143
Q1 2023144

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 113 bought or addedQ4 22: 41 cut or sold outQ4 22Q1 23: 97 bought or addedQ1 23: 54 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 202211341
Q1 20239754

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 22 calls: $1.4mQ3 22 puts: $1.6mQ3 22P/C 1.16Q4 22 calls: $57.5mQ4 22 puts: $34.0mQ4 22P/C 0.59Q1 23 calls: $5.1mQ1 23 puts: $30.5mQ1 23P/C 5.96
Numbers
QuarterCallsPutsP/C
Q3 2022$1.4m$1.6m1.16
Q4 2022$57.5m$34.0m0.59
Q1 2023$5.1m$30.5m5.96

Biggest buyers

Magnetar Financial LLC Added +2,357,347+2.4m
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) New +650,000+650.0k
Calamos Advisors LLC Added +561,648+561.6k
ADAGE CAPITAL PARTNERS GP, L.L.C. New +550,070+550.1k
STATE OF WISCONSIN INVESTMENT BOARD Added +398,179+398.2k
STANSBERRY ASSET MANAGEMENT, LLC New +345,673+345.7k
MANGROVE PARTNERS IM, LLC New +322,070+322.1k
HSBC HOLDINGS PLC Added +306,085+306.1k
Ergoteles LLC New +227,474+227.5k
WATER ISLAND CAPITAL LLC Added +209,389+209.4k

Biggest sellers

Melqart Asset Management (UK) Ltd Sold out -1,275,097-1.3m
KIM, LLC Sold out -725,000-725.0k
BAMCO INC /NY/ Sold out -276,028-276.0k
Polar Asset Management Partners Inc. Reduced -259,333-259.3k
Qube Research & Technologies Ltd Reduced -210,397-210.4k
Samson Rock Capital LLP Sold out -200,000-200.0k
Taconic Capital Advisors LP Reduced -190,000-190.0k
RENAISSANCE TECHNOLOGIES LLC Reduced -159,900-159.9k
Segantii Capital Management Ltd Sold out -140,000-140.0k
BARCLAYS PLC Reduced -129,211-129.2k

Biggest calls

Jefferies Financial Group Inc. Unchanged $2.1m100.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.7m80.2k shares
SIMPLEX TRADING, LLC Reduced $422.0k20.5k shares
Parallax Volatility Advisers, L.P. New $236.9k11.5k shares
MILLENNIUM MANAGEMENT LLC Reduced $218.0k10.6k shares
CSS LLC/IL Unchanged $206.0k10.0k shares
CITADEL ADVISORS LLC Reduced $115.4k5.6k shares
Walleye Trading LLC New $109.2k5.3k shares
SUMMIT SECURITIES GROUP LLC Added $64.0k3.1k shares
FIFTH LANE CAPITAL, LP New $20.6k1.0k shares

Biggest puts

Calamos Advisors LLC New $11.4m500.0k shares
TOMS Capital Investment Management LP New $10.5m511.8k shares
Brookfield Corp /ON/ New $2.7m130.3k shares
PICTON MAHONEY ASSET MANAGEMENT Unchanged $1.3m61.8k shares
EQUITEC PROPRIETARY MARKETS, LLC New $1.1m54.2k shares
MILLENNIUM MANAGEMENT LLC New $1.1m51.0k shares
CITADEL ADVISORS LLC Added $583.0k28.3k shares
Caption Management, LLC New $515.0k25.0k shares
Walleye Trading LLC New $422.3k20.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $391.4k19.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Riverwood Capital Management Ltd. 63.10% of their portfolio MENLO PARK, CA 4,567,9504.6m $94.1m $94.1m 63.10% Unchanged
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 3,941,8193.9m $81.2m $81.2m 0.00% Added +87.7k +87,690
3 BlackRock Inc. 0.00% of their portfolio New York, NY 3,264,5593.3m $67.2m $67.2m 0.00% Added +154.8k +154,766
4 Magnetar Financial LLC 1.14% of their portfolio EVANSTON, IL 2,844,9662.8m $58.6m $58.6m 1.14% Added +2.4m +2,357,347
5 FIL Ltd 0.05% of their portfolio HAMILTON, D0 2,015,9352.0m $41.5m $41.5m 0.05% Added +87.1k +87,142
6 ALPINE ASSOCIATES MANAGEMENT INC. 2.00% of their portfolio PALM BEACH, FL 1,820,2441.8m $37.5m $37.5m 2.00% Added +96.4k +96,444
7 Calamos Advisors LLC 0.11% of their portfolio NAPERVILLE, IL 1,100,0001.1m $22.7m $22.7m 0.11% Added +561.6k +561,648
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 968,492968.5k $20.0m $20.0m 0.00% Added +163.3k +163,338
9 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 935,001935.0k $19.3m $19.3m 0.00% Reduced -2.6k -2,627
10 COOPER CREEK PARTNERS MANAGEMENT LLC 1.35% of their portfolio NEW YORK, NY 930,054930.1k $19.2m $19.2m 1.35% Added +69.9k +69,886
11 WATER ISLAND CAPITAL LLC 1.45% of their portfolio NEW YORK, NY 866,805866.8k $17.9m $17.9m 1.45% Added +209.4k +209,389
12 AQR Arbitrage LLC 0.52% of their portfolio Greenwich, CT 829,879829.9k $17.1m $17.1m 0.52% Reduced -100.3k -100,326
13 Kohlberg Kravis Roberts & Co. L.P. 0.49% of their portfolio NEW YORK, NY 793,103793.1k $16.3m $16.3m 0.49% Unchanged
14 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 792,448792.4k $16.3m $16.3m 0.01% Added +18.5k +18,501
15 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 744,175744.2k $15.3m $15.3m 0.00% Added +80.4k +80,437
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 714,732714.7k $14.7m $14.7m 0.00% Added +208.2k +208,217
17 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 684,954685.0k $14.1m $14.1m 0.00% Reduced -61.5k -61,531
18 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 683,967684.0k $14.1m $14.1m 0.01% Added +120.8k +120,843
19 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.32% of their portfolio CHICAGO, IL 650,000650.0k $13.4m $13.4m 0.32% New
20 New York Life Investment Management LLC 0.14% of their portfolio New York, NY 594,228594.2k $12.2m $12.2m 0.14% Added +94.3k +94,337
21 STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio MADISON, WI 586,855586.9k $12.1m $12.1m 0.04% Added +398.2k +398,179
22 GABELLI FUNDS LLC 0.09% of their portfolio Rye, NY 569,791569.8k $11.7m $11.7m 0.09% Added +172.3k +172,285
23 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 567,312567.3k $11.7m $11.7m 0.01% Added +306.1k +306,085
24 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio Boston, MA 550,070550.1k $11.3m $11.3m 0.03% New
25 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 502,533502.5k $10.4m $10.4m 0.03% Added +169.3k +169,255
26 DLD Asset Management, LP 1.02% of their portfolio NEW YORK, NY 490,559490.6k $10.1m $10.1m 1.02% Added +190.6k +190,559
27 ARMISTICE CAPITAL, LLC 0.22% of their portfolio NEW YORK, NY 456,000456.0k $9.4m $9.4m 0.22% Added +78.0k +78,000
28 Woodline Partners LP 0.12% of their portfolio San Francisco, CA 404,332404.3k $8.3m $8.3m 0.12% Added +105.4k +105,438
29 UBS Group AG 0.00% of their portfolio ZURICH, V8 385,547385.5k $7.9m $7.9m 0.00% Added +7.0k +7,019
30 GABELLI & Co INVESTMENT ADVISERS, INC. 1.50% of their portfolio Rye, NY 378,440378.4k $7.8m $7.8m 1.50% Added +142.2k +142,190
31 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 376,776376.8k $7.8m $7.8m 0.00% Added +40.3k +40,329
32 STANSBERRY ASSET MANAGEMENT, LLC 1.38% of their portfolio Westlake, TX 345,673345.7k $7.1m $7.1m 1.38% New
33 MANGROVE PARTNERS IM, LLC 0.45% of their portfolio Greenwich, CT 322,070322.1k $6.6m $6.6m 0.45% New
34 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 274,300274.3k $5.7m $5.7m 0.01% Reduced -159.9k -159,900
35 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 251,741251.7k $5.2m $5.2m 0.01% Added +194.7k +194,709
36 Ergoteles LLC 0.18% of their portfolio NEW YORK, NY 227,474227.5k $4.7m $4.7m 0.18% New
37 ETF MANAGERS GROUP, LLC 0.15% of their portfolio Summit, NJ 224,062224.1k $4.6m $4.6m 0.15% Reduced -1.3k -1,257
38 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 221,724221.7k $4.6m $4.6m 0.00% Added +40.0k +40,016
39 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 220,491220.5k $4.5m $4.5m 0.01% Added +114.5k +114,499
40 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 214,723214.7k $4.4m $4.4m 0.00% Reduced -70.1k -70,130
41 Carlson Capital, L.P. 0.39% of their portfolio DALLAS, TX 200,000200.0k $4.1m $4.1m 0.39% Added +100.0k +100,000
42 EHP Funds Inc. 0.90% of their portfolio TORONTO, Z4 200,000200.0k $4.1m $4.1m 0.90% Unchanged
43 Candriam S.C.A. 0.03% of their portfolio STRASSEN, N4 195,134195.1k $3.7m $3.7m 0.03% Reduced -62.4k -62,398
44 IQ EQ FUND MANAGEMENT (IRELAND) Ltd 0.77% of their portfolio DUBLIN 2, L2 193,774193.8k $4.0m $4.0m 0.77% Added +19.1k +19,055
45 BOOTHBAY FUND MANAGEMENT, LLC 0.10% of their portfolio NEW YORK, NY 184,415184.4k $3.8m $3.8m 0.10% Added +58.5k +58,458
46 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 183,865183.9k $3.8m $3.8m 0.01% Added +51.5k +51,534
47 Weiss Multi-Strategy Advisers LLC 0.09% of their portfolio NEW YORK, NY 182,000182.0k $3.7m $3.7m 0.09% Added +70.0k +70,000
48 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 180,493180.5k $3.7m $3.7m 0.00% Reduced -88.7k -88,673
49 Crabel Capital Management, LLC 1.62% of their portfolio MILWAUKEE, WI 177,069177.1k $3.6m $3.6m 1.62% Unchanged
50 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 175,082175.1k $3.6m $3.6m 0.00% Added +104.7k +104,662
51 HERALD INVESTMENT MANAGEMENT Ltd 0.80% of their portfolio LONDON, X0 175,000175.0k $3.6m $3.6m 0.80% Unchanged
52 First Trust Capital Management L.P. 0.15% of their portfolio CHICAGO, IL 166,824166.8k $3.4m $3.4m 0.15% Reduced -22.3k -22,344
53 Polar Asset Management Partners Inc. 0.05% of their portfolio TORONTO, A6 150,000150.0k $3.1m $3.1m 0.05% Reduced -259.3k -259,333
54 Kapitalo Investimentos Ltda 1.01% of their portfolio SAO PAULO, D5 148,341148.3k $3.1m $3.1m 1.01% New
55 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 140,258140.3k $2.9m $2.9m 0.00% Added +2.4k +2,428
56 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 130,827130.8k $2.7m $2.7m 0.00% Added +11.8k +11,804
57 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 115,195115.2k $2.4m $2.4m 0.00% Added +13.7k +13,710
58 BCK CAPITAL MANAGEMENT LP 2.00% of their portfolio STAMFORD, CT 111,402111.4k $2.3m $2.3m 2.00% Added +20.3k +20,310
59 NORGES BANK 0.00% of their portfolio OSLO, Q8 110,000110.0k $2.3m $2.3m 0.00% New
60 Brookfield Corp /ON/ 0.01% of their portfolio TORONTO, A6 100,000100.0k $2.1m $2.1m 0.01% Reduced -25.0k -25,000
61 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 100,000100.0k $2.1m $2.1m 0.01% New
62 Mint Tower Capital Management B.V. 0.27% of their portfolio AMSTERDAM, P7 96,17496.2k $2.0m $2.0m 0.27% New
63 Kellner Capital, LLC 2.67% of their portfolio NEW YORK, NY 93,00093.0k $1.9m $1.9m 2.67% Added +29.6k +29,600
64 Crystalline Management Inc. 1.38% of their portfolio Montreal, Quebec, Z4 90,11790.1k $1.8m $1.8m 1.38% Added +40.1k +40,117
65 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 88,80088.8k $1.8m $1.8m 0.00% Added +59.2k +59,200
66 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 86,44886.4k $1.8m $1.8m 0.01% Reduced -210.4k -210,397
67 Swiss National Bank 0.00% of their portfolio ZURICH, V8 82,40082.4k $1.7m $1.7m 0.00% Reduced -9.3k -9,300
68 GAMCO INVESTORS, INC. ET AL 0.02% of their portfolio GREENWICH, CT 76,82876.8k $1.6m $1.6m 0.02% Added +6.7k +6,692
69 WOLVERINE ASSET MANAGEMENT LLC 0.03% of their portfolio CHICAGO, IL 71,39371.4k $1.5m $1.5m 0.03% Added +500 +500
70 NATIXIS 0.01% of their portfolio PARIS, I0 71,37471.4k $1.5m $1.5m 0.01% Reduced -6.8k -6,791
71 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 67,36867.4k $1.4m $1.4m 0.00% Added +27.0k +26,964
72 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 66,45866.5k $1.4m $1.4m 0.00% Added +1.8k +1,798
73 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 60,08360.1k $1.2m $1.2m 0.02% Added +341 +341
74 Taconic Capital Advisors LP 0.08% of their portfolio NEW YORK, NY 60,00060.0k $1.2m $1.2m 0.08% Reduced -190.0k -190,000
75 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 59,34359.3k $1.2m $1.2m 0.00% Added +9.4k +9,447
76 PICTON MAHONEY ASSET MANAGEMENT 0.06% of their portfolio Toronto, A6 58,19158.2k $1.2m $1.2m 0.06% Added +21.1k +21,091
77 FRED ALGER MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 57,13457.1k $1.2m $1.2m 0.01% Added +21 +21
78 Yakira Capital Management, Inc. 0.29% of their portfolio Westport, CT 54,67754.7k $1.1m $1.1m 0.29% Unchanged
79 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 53,95054.0k $1.1m $1.1m 0.01% New
80 Integrated Advisors Network LLC 0.06% of their portfolio DALLAS, TX 48,80048.8k $1.0m $1.0m 0.06% Unchanged
81 Compound Planning, Inc. 0.52% of their portfolio NEW YORK, NY 45,07445.1k $928.5k $928.5k 0.52% First filing
82 FNY Investment Advisers, LLC 1.01% of their portfolio NEW YORK, NY 42,54042.5k $876.0k $876.0k 1.01% Added +42.0k +42,040
83 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 40,61240.6k $836.6k $836.6k 0.00% Added +3.9k +3,923
84 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 39,69139.7k $817.6k $817.6k 0.00% Reduced -129.2k -129,211
85 Athos Capital Ltd 0.00% of their portfolio HONG KONG, K3 39,50039.5k $814 $814 0.00% Reduced -118.5k -118,500
86 PenderFund Capital Management Ltd. 0.33% of their portfolio VANCOUVER, A1 37,43037.4k $1.0k $1.0k 0.33% Added +13.1k +13,130
87 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 32,06932.1k $660.6k $660.6k 0.01% New
88 PRELUDE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 31,95232.0k $658.2k $658.2k 0.04% Added +5.2k +5,185
89 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 30,21830.2k $622.5k $622.5k 0.00% Reduced -56.1k -56,072
90 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 30,03530.0k $618.7k $618.7k 0.00% Added +13.0k +13,039
91 EQUITEC PROPRIETARY MARKETS, LLC 0.57% of their portfolio CHICAGO, IL 29,40029.4k $605.6k $605.6k 0.57% New
92 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 28,42928.4k $585.6k $585.6k 0.00% Added +5.0k +5,009
93 CATALYST PRIVATE WEALTH, LLC 0.38% of their portfolio SAN MATEO, CA 26,43026.4k $544.5k $544.5k 0.38% New
94 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 0.18% of their portfolio EAGLE, ID 24,00724.0k $494.5k $494.5k 0.18% Reduced -66.3k -66,254
95 Occidental Asset Management, LLC 0.12% of their portfolio Burlingame, CA 23,92723.9k $492.9k $492.9k 0.12% Unchanged
96 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 23,46923.5k $483.5k $483.5k 0.00% Added +3.1k +3,062
97 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 22,25122.3k $458.0k $458.0k 0.01% Added +10.2k +10,178
98 OCCUDO QUANTITATIVE STRATEGIES LP 0.04% of their portfolio FORT LAUDERDALE, FL 21,13521.1k $435.4k $435.4k 0.04% New
99 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 21,11621.1k $435.0k $435.0k 0.00% Added +3.1k +3,094
100 FIFTH LANE CAPITAL, LP 0.54% of their portfolio Austin, TX 20,87320.9k $430.0k $430.0k 0.54% Reduced -61.8k -61,827