Vault-13

FORGEROCK INC

CL A · CUSIP 34631B101

138 institutional holders -6 vs Q1 2023
41,484,63941.5m shares reported held*
$851.1mreported value*
16 new 55 added 43 reduced 21 sold out net sold ≈ $13.0m (-665.4k 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 ≈ $20.52. Options: 12 managers hold calls ($7.1m notional), 11 hold puts ($7.7m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 95Q4 22: 143Q1 23: 144Q2 23: 138138Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202295
Q4 2022143
Q1 2023144
Q2 2023138

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 23Q2 23: 71 bought or addedQ2 23: 64 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202211341
Q1 20239754
Q2 20237164

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 5.96Q2 23 calls: $7.1mQ2 23 puts: $7.7mQ2 23P/C 1.07
Numbers
QuarterCallsPutsP/C
Q3 2022$1.4m$1.6m1.16
Q4 2022$57.5m$34.0m0.59
Q1 2023$5.1m$30.5m5.96
Q2 2023$7.1m$7.7m1.07

Biggest buyers

VANGUARD GROUP INC Added +1,001,992+1.0m
Grantham, Mayo, Van Otterloo & Co. LLC New +438,530+438.5k
Melqart Asset Management (UK) Ltd New +378,619+378.6k
BlackRock Inc. Added +357,636+357.6k
Calamos Advisors LLC Added +300,271+300.3k
WATER ISLAND CAPITAL LLC Added +287,541+287.5k
Taconic Capital Advisors LP Added +211,282+211.3k
GOLDMAN SACHS GROUP INC Added +192,384+192.4k
ALLIANCEBERNSTEIN L.P. Added +143,375+143.4k
MORGAN STANLEY Added +140,359+140.4k

Biggest sellers

WELLINGTON MANAGEMENT GROUP LLP Sold out -935,001-935.0k
DLD Asset Management, LP Sold out -490,559-490.6k
ARMISTICE CAPITAL, LLC Sold out -456,000-456.0k
STANSBERRY ASSET MANAGEMENT, LLC Sold out -345,673-345.7k
MANGROVE PARTNERS IM, LLC Sold out -322,070-322.1k
EHP Funds Inc. Sold out -200,000-200.0k
GABELLI FUNDS LLC Reduced -195,761-195.8k
AQR Arbitrage LLC Reduced -184,907-184.9k
BOOTHBAY FUND MANAGEMENT, LLC Sold out -184,415-184.4k
ADAGE CAPITAL PARTNERS GP, L.L.C. Reduced -163,881-163.9k

Biggest calls

MILLENNIUM MANAGEMENT LLC Added $3.3m160.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.6m124.3k shares
GOLDMAN SACHS GROUP INC New $293.7k14.3k shares
Parallax Volatility Advisers, L.P. Reduced $230.0k11.2k shares
SIMPLEX TRADING, LLC Reduced $211.0k10.3k shares
GROUP ONE TRADING LLC Added $205.4k10.0k shares
CITADEL ADVISORS LLC Added $178.7k8.7k shares
Walleye Trading LLC Unchanged $108.9k5.3k shares
SUMMIT SECURITIES GROUP LLC Reduced $62.0k3.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

MILLENNIUM MANAGEMENT LLC Added $2.9m140.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.6m79.3k shares
GOLDMAN SACHS GROUP INC New $1.4m68.4k shares
EQUITEC PROPRIETARY MARKETS, LLC Unchanged $1.1m54.2k shares
Walleye Trading LLC Unchanged $421.1k20.5k shares
CITADEL ADVISORS LLC Reduced $145.8k7.1k shares
SIMPLEX TRADING, LLC Reduced $45.0k2.2k shares
FIFTH LANE CAPITAL, LP New $30.8k1.5k shares
GROUP ONE TRADING LLC New $2.1k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 4,943,8114.9m $101.5m $101.5m 0.00% Added +1.0m +1,001,992
2 Riverwood Capital Management Ltd. 69.32% of their portfolio MENLO PARK, CA 4,567,9504.6m $93.8m $93.8m 69.32% Unchanged
3 BlackRock Inc. 0.00% of their portfolio New York, NY 3,622,1953.6m $74.4m $74.4m 0.00% Added +357.6k +357,636
4 Magnetar Financial LLC 1.29% of their portfolio EVANSTON, IL 2,864,5562.9m $58.8m $58.8m 1.29% Added +19.6k +19,590
5 FIL Ltd 0.05% of their portfolio HAMILTON, D0 2,072,2342.1m $42.6m $42.6m 0.05% Added +56.3k +56,299
6 ALPINE ASSOCIATES MANAGEMENT INC. 1.75% of their portfolio PALM BEACH, FL 1,893,9441.9m $38.9m $38.9m 1.75% Added +73.7k +73,700
7 Calamos Advisors LLC 0.15% of their portfolio NAPERVILLE, IL 1,400,2711.4m $28.8m $28.8m 0.15% Added +300.3k +300,271
8 WATER ISLAND CAPITAL LLC 2.21% of their portfolio NEW YORK, NY 1,154,3461.2m $23.7m $23.7m 2.21% Added +287.5k +287,541
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,101,5301.1m $22.6m $22.6m 0.00% Added +133.0k +133,038
10 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 935,823935.8k $19.2m $19.2m 0.01% Added +143.4k +143,375
11 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 877,338877.3k $18.0m $18.0m 0.00% Added +192.4k +192,384
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 855,091855.1k $17.6m $17.6m 0.00% Added +140.4k +140,359
13 COOPER CREEK PARTNERS MANAGEMENT LLC 1.20% of their portfolio NEW YORK, NY 855,054855.1k $17.6m $17.6m 1.20% Reduced -75.0k -75,000
14 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 805,138805.1k $16.5m $16.5m 0.00% Added +61.0k +60,963
15 Kohlberg Kravis Roberts & Co. L.P. 0.50% of their portfolio NEW YORK, NY 793,103793.1k $16.3m $16.3m 0.50% Unchanged
16 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 645,536645.5k $13.3m $13.3m 0.01% Reduced -38.4k -38,431
17 AQR Arbitrage LLC 0.57% of their portfolio Greenwich, CT 644,972645.0k $13.2m $13.2m 0.57% Reduced -184.9k -184,907
18 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 642,139642.1k $13.2m $13.2m 0.03% Added +139.6k +139,606
19 STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio MADISON, WI 618,308618.3k $12.7m $12.7m 0.04% Added +31.5k +31,453
20 New York Life Investment Management LLC 0.13% of their portfolio New York, NY 604,895604.9k $12.4m $12.4m 0.13% Added +10.7k +10,667
21 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 567,312567.3k $11.7m $11.7m 0.01% Unchanged
22 Grantham, Mayo, Van Otterloo & Co. LLC 0.04% of their portfolio Boston, MA 438,530438.5k $9.0m $9.0m 0.04% New
23 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 423,154423.2k $8.7m $8.7m 0.00% Added +46.4k +46,378
24 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio Boston, MA 386,189386.2k $7.9m $7.9m 0.02% Reduced -163.9k -163,881
25 Melqart Asset Management (UK) Ltd 0.71% of their portfolio London, X0 378,619378.6k $7.8m $7.8m 0.71% New
26 GABELLI FUNDS LLC 0.06% of their portfolio Rye, NY 374,030374.0k $7.7m $7.7m 0.06% Reduced -195.8k -195,761
27 GABELLI & Co INVESTMENT ADVISERS, INC. 1.09% of their portfolio Rye, NY 316,340316.3k $6.5m $6.5m 1.09% Reduced -62.1k -62,100
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 291,966292.0k $6.0m $6.0m 0.00% Reduced -93.6k -93,581
29 Taconic Capital Advisors LP 0.34% of their portfolio NEW YORK, NY 271,282271.3k $5.6m $5.6m 0.34% Added +211.3k +211,282
30 Woodline Partners LP 0.06% of their portfolio San Francisco, CA 241,204241.2k $5.0m $5.0m 0.06% Reduced -163.1k -163,128
31 Ergoteles LLC 0.22% of their portfolio NEW YORK, NY 227,474227.5k $4.7m $4.7m 0.22% Unchanged
32 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 223,873223.9k $4.6m $4.6m 0.01% Added +3.4k +3,382
33 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 222,130222.1k $4.6m $4.6m 0.00% Added +406 +406
34 Carlson Capital, L.P. 0.37% of their portfolio DALLAS, TX 210,000210.0k $4.3m $4.3m 0.37% Added +10.0k +10,000
35 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 204,961205.0k $4.2m $4.2m 0.00% Reduced -46.8k -46,780
36 NORGES BANK 0.00% of their portfolio OSLO, Q8 197,000197.0k $4.0m $4.0m 0.00% Added +87.0k +87,000
37 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 186,076186.1k $3.8m $3.8m 0.01% Added +2.2k +2,211
38 IQ EQ FUND MANAGEMENT (IRELAND) Ltd 0.70% of their portfolio DUBLIN 2, L2 180,496180.5k $3.7m $3.7m 0.70% Reduced -13.3k -13,278
39 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 179,500179.5k $3.7m $3.7m 0.01% Reduced -94.8k -94,800
40 Crabel Capital Management, LLC 1.50% of their portfolio MILWAUKEE, WI 177,069177.1k $3.6m $3.6m 1.50% Unchanged
41 HERALD INVESTMENT MANAGEMENT Ltd 0.70% of their portfolio LONDON, X0 175,000175.0k $3.6m $3.6m 0.70% Unchanged
42 Kapitalo Investimentos Ltda 0.65% of their portfolio SAO PAULO, D5 170,433170.4k $3.5m $3.5m 0.65% Added +22.1k +22,092
43 First Trust Capital Management L.P. 0.20% of their portfolio CHICAGO, IL 166,824166.8k $3.4m $3.4m 0.20% Unchanged
44 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 158,000158.0k $3.2m $3.2m 0.01% Added +58.0k +58,000
45 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 124,393124.4k $2.6m $2.6m 0.00% Added +9.2k +9,198
46 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 122,800122.8k $2.5m $2.5m 0.00% Reduced -8.0k -8,027
47 Weiss Multi-Strategy Advisers LLC 0.05% of their portfolio NEW YORK, NY 105,107105.1k $2.2m $2.2m 0.05% Reduced -76.9k -76,893
48 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 104,207104.2k $2.1m $2.1m 0.00% Reduced -110.5k -110,516
49 READYSTATE ASSET MANAGEMENT LP 0.21% of their portfolio CHICAGO, IL 101,800101.8k $2.1m $2.1m 0.21% New
50 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 101,155101.2k $2.1m $2.1m 0.00% Reduced -73.9k -73,927
51 Crystalline Management Inc. 1.45% of their portfolio Montreal, Quebec, Z4 100,000100.0k $2.1m $2.1m 1.45% Added +9.9k +9,883
52 Candriam S.C.A. 0.01% of their portfolio STRASSEN, N4 94,32294.3k $1.9m $1.9m 0.01% Reduced -100.8k -100,812
53 Greenland Capital Management LP 0.27% of their portfolio NEW YORK, NY 91,60891.6k $1.9m $1.9m 0.27% New
54 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 90,92390.9k $1.9m $1.9m 0.00% Reduced -49.3k -49,335
55 Swiss National Bank 0.00% of their portfolio ZURICH, V8 89,70089.7k $1.8m $1.8m 0.00% Added +7.3k +7,300
56 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 89,63289.6k $1.8m $1.8m 0.00% Added +22.3k +22,264
57 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 85,90285.9k $1.8m $1.8m 0.01% Added +32.0k +31,952
58 Carmignac Gestion 0.03% of their portfolio PARIS, I0 83,95784.0k $1.7m $1.7m 0.03% Not comparable
59 GAMCO INVESTORS, INC. ET AL 0.02% of their portfolio GREENWICH, CT 72,52872.5k $1.5m $1.5m 0.02% Reduced -4.3k -4,300
60 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 65,61565.6k $1.3m $1.3m 0.00% Added +6.3k +6,272
61 NATIXIS 0.01% of their portfolio PARIS, I0 63,67463.7k $1.3m $1.3m 0.01% Reduced -7.7k -7,700
62 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 59,87059.9k $1.2m $1.2m 0.00% Reduced -120.6k -120,623
63 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 59,74259.7k $1.2m $1.2m 0.02% Reduced -341 -341
64 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 58,22258.2k $1.2m $1.2m 0.02% Reduced -13.2k -13,171
65 Kellner Capital, LLC 1.36% of their portfolio NEW YORK, NY 57,50057.5k $1.2m $1.2m 1.36% Reduced -35.5k -35,500
66 Murchinson Ltd. 0.15% of their portfolio TORONTO, A6 56,60056.6k $1.2m $1.2m 0.15% New
67 Yakira Capital Management, Inc. 0.30% of their portfolio Westport, CT 54,67754.7k $1.1m $1.1m 0.30% Unchanged
68 Integrated Advisors Network LLC 0.06% of their portfolio DALLAS, TX 48,55548.6k $997.3k $997.3k 0.06% Reduced -245 -245
69 PRELUDE CAPITAL MANAGEMENT, LLC 0.08% of their portfolio NEW YORK, NY 45,13745.1k $927.1k $927.1k 0.08% Added +13.2k +13,185
70 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 44,52344.5k $914.5k $914.5k 0.00% Added +14.3k +14,305
71 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 43,30043.3k $889.4k $889.4k 0.00% Added +3.6k +3,609
72 Alpine Global Management, LLC 0.12% of their portfolio NEW YORK, NY 41,04041.0k $843.0k $843.0k 0.12% New
73 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% Unchanged
74 Legal & General Group Plc 0.00% of their portfolio London, X0 37,32737.3k $766.7k $766.7k 0.00% Added +21.4k +21,427
75 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 35,59535.6k $731.1k $731.1k 0.00% Added +20.4k +20,398
76 Polar Asset Management Partners Inc. 0.01% of their portfolio TORONTO, A6 35,00035.0k $718.9k $718.9k 0.01% Reduced -115.0k -115,000
77 FNY Investment Advisers, LLC 0.90% of their portfolio NEW YORK, NY 34,55034.5k $709.0k $709.0k 0.90% Reduced -8.0k -7,990
78 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 31,70031.7k $651.1k $651.1k 0.01% Reduced -369 -369
79 Athos Capital Ltd 0.76% of their portfolio HONG KONG, K3 31,30031.3k $643 $643 0.76% Reduced -8.2k -8,200
80 Diametric Capital, LP 0.28% of their portfolio BOSTON, MA 30,00030.0k $616.2k $616.2k 0.28% New
81 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 29,60029.6k $607.0k $607.0k 0.00% Reduced -59.2k -59,200
82 EQUITEC PROPRIETARY MARKETS, LLC 0.43% of their portfolio CHICAGO, IL 29,40029.4k $603.9k $603.9k 0.43% Unchanged
83 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 28,48128.5k $585.0k $585.0k 0.00% Added +52 +52
84 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 24,69824.7k $507.0k $507.0k 0.00% Added +2.4k +2,447
85 Mint Tower Capital Management B.V. 0.07% of their portfolio AMSTERDAM, P7 24,54824.5k $504.0k $504.0k 0.07% Reduced -71.6k -71,626
86 Olympiad Research LP 0.50% of their portfolio Stamford, CT 24,46224.5k $502.4k $502.4k 0.50% Added +12.1k +12,116
87 GROUP ONE TRADING LLC 0.02% of their portfolio CHICAGO, IL 24,30824.3k $499.3k $499.3k 0.02% New
88 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 24,23924.2k $497.9k $497.9k 0.00% Added +770 +770
89 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 0.19% of their portfolio EAGLE, ID 24,00724.0k $493.1k $493.1k 0.19% Unchanged
90 Occidental Asset Management, LLC 0.11% of their portfolio Burlingame, CA 23,92723.9k $491.5k $491.5k 0.11% Unchanged
91 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 22,75322.8k $467.3k $467.3k 0.00% Added +1.6k +1,637
92 FIFTH LANE CAPITAL, LP 0.44% of their portfolio Austin, TX 21,91121.9k $450.1k $450.1k 0.44% Added +1.0k +1,038
93 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 21,75321.8k $446.8k $446.8k 0.00% Added +998 +998
94 Cannon Global Investment Management, LLC 2.29% of their portfolio DAVIE, FL 21,50021.5k $441.6k $441.6k 2.29% New
95 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 21,33721.3k $438.3k $438.3k 0.00% Added +13.1k +13,050
96 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 20,50420.5k $421.2k $421.2k 0.00% Reduced -9.5k -9,531
97 Amundi 0.00% of their portfolio Paris, I0 20,42920.4k $411.6k $411.6k 0.00% New
98 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 20,08320.1k $412.5k $412.5k 0.00% Reduced -7 -7
99 Bordeaux Wealth Advisors LLC 0.17% of their portfolio MENLO PARK, CA 20,00020.0k $410.8k $410.8k 0.17% Unchanged
100 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 19,88519.9k $408.4k $408.4k 0.00% New