Fortune Rise Acquisition Ownership | Who Owns Fortune Rise Acquisition?


OverviewFinancialsChart

Fortune Rise Acquisition Ownership Summary


Fortune Rise Acquisition is owned by 88.76% institutional investors, 0.96% insiders, and 10.29% retail investors. Karpus management is the largest institutional shareholder, holding 9.98% of FRLA shares. Karpus Tax Sensitive Fixed Income is the top mutual fund, with 4.12% of its assets in Fortune Rise Acquisition shares.

FRLA Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockFortune Rise Acquisition88.76%0.96%10.29%
SectorFinancial Services Stocks 43.69%12.70%43.61%
IndustryShell Companies Stocks 31.07%16.98%51.95%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Karpus management626.10K9.98%$7.04M
Yakira capital management547.94K8.74%$6.16M
Wolverine asset management344.11K5.49%$3.87M
Centiva capital, lp301.33K4.80%$3.39M
Clear street251.79K4.01%$2.83M
Westchester capital management216.51K3.45%$2.44M
K2 principal fund154.99K2.47%$1.74M
Tuttle capital management150.00K2.39%$1.68M
Crystalline management150.00K2.39%$1.69M
Spartan fund management85.40K1.36%$960.74K

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Tuttle capital management150.00K10.10%$1.68M
Spartan fund management85.40K2.70%$960.74K
Yakira capital management547.94K2.25%$6.16M
Crystalline management150.00K1.60%$1.69M
K2 principal fund154.99K0.32%$1.74M
Karpus management626.10K0.20%$7.04M
Skyview investment advisors83.00K0.17%$934.00K
Westchester capital management216.51K0.09%$2.44M
Centiva capital, lp301.33K0.06%$3.39M
Virtu financial72.99K0.06%$821.00K

Top Buyers

HolderShares% AssetsChange
Centiva capital, lp301.33K0.06%284.05K
Tuttle capital management150.00K10.10%150.00K
Crystalline management150.00K1.60%150.00K
Clear street251.79K0.03%116.52K
Wolverine asset management344.11K0.04%83.63K

Top Sellers

HolderShares% AssetsChange
Fir tree capital management lp---497.04K
Quarry lp---150.00K
Mizuho securities usa---94.83K
Westchester capital management216.51K0.09%-80.46K
Cowen and company---33.07K

New Positions

HolderShares% AssetsChangeValue
Crystalline management150.00K1.60%150.00K$1.69M
Tuttle capital management150.00K10.10%150.00K$1.68M

Sold Out

HolderChange
Meteora capital-15.33K
Cowen and company-33.07K
Mizuho securities usa-94.83K
Quarry lp-150.00K
Fir tree capital management lp-497.04K

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Sep 30, 202413-7.14%2,806,939-8.26%883.73%4-55.56%4100.00%
Jun 30, 202414-17.65%3,059,7693.89%482.21%928.57%2-
Mar 31, 202417-5.56%2,945,3064.85%464.39%775.00%2-66.67%
Dec 31, 202318-21.74%2,809,027-19.14%321.23%4-42.86%620.00%
Sep 30, 2023234.55%3,473,8414.99%513.31%7-5-37.50%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
Karpus Tax Sensitive Fixed Income258.50K4.12%-110.00K
Karpus Taxable Fixed Income198.32K3.16%175.00
Karpus Conservative Balanced135.00K2.15%175.00
Virtus Westchester Event-Driven Fd I130.09K2.07%-
SPAC and New Issue ETF75.00K1.20%-
JNL Multi-Manager Alternative A64.30K1.03%-
Accelerate Arbitrage ETF54.27K0.87%-
Karpus Growth Balanced43.45K0.69%-2.50K
Virtus Westchester Credit Event Fd I22.12K0.35%-

Recent Insider Transactions


DateNameRoleActivityValue
Nov 04, 2024Yakira Capital Management, Inc.-Sell$4.28M
May 15, 2023Saba Capital Management, L.P.-Sell$5.36K
May 16, 2023Saba Capital Management, L.P.-Sell$1.07M
Apr 17, 2023Saba Capital Management, L.P.-Sell$16.63K
Dec 22, 2022Xu Lei-Sell$1.17K

Insider Transactions Trends


DateBuySell
2024 Q4-1
2023 Q4--
2023 Q2-3
2023 Q1--
2022 Q4-6

FRLA Ownership FAQ


Who Owns Fortune Rise Acquisition?

Fortune Rise Acquisition shareholders are primarily institutional investors at 88.76%, followed by 0.96% insiders and 10.28% retail investors. The average institutional ownership in Fortune Rise Acquisition's industry, Shell Companies Stocks , is 31.07%, which Fortune Rise Acquisition exceeds.

Who owns the most shares of Fortune Rise Acquisition?

Fortune Rise Acquisition’s largest shareholders are Karpus management (626.1K shares, 9.98%), Yakira capital management (547.94K shares, 8.74%), and Wolverine asset management (344.11K shares, 5.49%). Together, they hold 24.21% of Fortune Rise Acquisition’s total shares outstanding.

Does Blackrock own Fortune Rise Acquisition?

BlackRock is not among the top 10 institutional shareholders of Fortune Rise Acquisition.

Who is Fortune Rise Acquisition’s biggest shareholder by percentage of total assets invested?

Tuttle capital management is Fortune Rise Acquisition’s biggest shareholder by percentage of total assets invested, with 10.10% of its assets in 150K Fortune Rise Acquisition shares, valued at 1.68M$.

Who is the top mutual fund holder of Fortune Rise Acquisition shares?

Karpus Tax Sensitive Fixed Income is the top mutual fund holder of Fortune Rise Acquisition shares, with 4.12% of its total shares outstanding invested in 258.5K Fortune Rise Acquisition shares.

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