Fortune Rise Acquisition Ownership 2024 | Who Owns Fortune Rise Acquisition Now?

Institutional Ownership

36.73%

Institutional Holders

10.00

Fortune Rise Acquisition Institutional Shareholders

Institutional Shareholders by % of Total Shares

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
KARPUS MANAGEMENT, INC.	9.98%	0.20%	626,099	-1,475	-0.23%	7,043,614	Jun 30, 2024
YAKIRA CAPITAL MANAGEMENT, INC.	8.74%	2.25%	547,938	-	-	6,164,303	Jun 30, 2024
WOLVERINE ASSET MANAGEMENT LLC	5.49%	0.04%	344,113	83,626	32.10%	3,871,271	Jun 30, 2024
CENTIVA CAPITAL, LP	4.80%	0.06%	301,335	284,054	1643.74%	3,390,019	Jun 30, 2024
CLEAR STREET LLC	4.01%	0.03%	251,793	116,523	86.14%	2,833,000	Jun 30, 2024
WESTCHESTER CAPITAL MANAGEMENT, LLC	3.45%	0.09%	216,510	-80,464	-27.09%	2,435,738	Jun 30, 2024
K2 PRINCIPAL FUND, L.P.	2.47%	0.32%	154,990	54,991	54.99%	1,743,638	Jun 30, 2024
CRYSTALLINE MANAGEMENT INC.	2.39%	1.60%	150,000	150,000	100.00%	1,687,500	Jun 30, 2024
TUTTLE CAPITAL MANAGEMENT, LLC	2.39%	10.10%	150,000	150,000	100.00%	1,678,500	Jun 30, 2024
SPARTAN FUND MANAGEMENT INC.	1.36%	2.70%	85,399	54,099	172.84%	960,739	Jun 30, 2024
SKYVIEW INVESTMENT ADVISORS, LLC	1.32%	0.17%	83,000	43,000	107.50%	934,000	Jun 30, 2024
VIRTU FINANCIAL LLC	1.16%	0.06%	72,992	50,380	222.80%	821,000	Jun 30, 2024
PNC FINANCIAL SERVICES GROUP, INC.	1.04%	0.00%	65,000	-	-	731,250	Jun 30, 2024
DAKOTA WEALTH MANAGEMENT	0.17%	0.00%	10,600	-	-	119,250	Jun 30, 2024
COWEN AND COMPANY, LLC	-	-	-	-33,068	-100.00%	-	Jun 30, 2024
FIR TREE CAPITAL MANAGEMENT LP	-	-	-	-497,043	-100.00%	-	Jun 30, 2024
MIZUHO SECURITIES USA LLC	-	-	-	-94,828	-100.00%	-	Jun 30, 2024
METEORA CAPITAL, LLC	-	-	-	-15,332	-100.00%	-	Jun 30, 2024
QUARRY LP	-	-	-	-150,000	-100.00%	-	Jun 30, 2024

Fortune Rise Acquisition's largest institutional shareholder is KARPUS MANAGEMENT, INC., holding 9.98% of the company's total share outstanding, currently valued at $7.04M. The top 10 institutional shareholders own together 45.09% of the company.

Institutional Shareholders by % of Total Assets

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
TUTTLE CAPITAL MANAGEMENT, LLC	2.39%	10.10%	150,000	150,000	100.00%	1,678,500	Jun 30, 2024
SPARTAN FUND MANAGEMENT INC.	1.36%	2.70%	85,399	54,099	172.84%	960,739	Jun 30, 2024
YAKIRA CAPITAL MANAGEMENT, INC.	8.74%	2.25%	547,938	-	-	6,164,303	Jun 30, 2024
CRYSTALLINE MANAGEMENT INC.	2.39%	1.60%	150,000	150,000	100.00%	1,687,500	Jun 30, 2024
K2 PRINCIPAL FUND, L.P.	2.47%	0.32%	154,990	54,991	54.99%	1,743,638	Jun 30, 2024
KARPUS MANAGEMENT, INC.	9.98%	0.20%	626,099	-1,475	-0.23%	7,043,614	Jun 30, 2024
SKYVIEW INVESTMENT ADVISORS, LLC	1.32%	0.17%	83,000	43,000	107.50%	934,000	Jun 30, 2024
WESTCHESTER CAPITAL MANAGEMENT, LLC	3.45%	0.09%	216,510	-80,464	-27.09%	2,435,738	Jun 30, 2024
CENTIVA CAPITAL, LP	4.80%	0.06%	301,335	284,054	1643.74%	3,390,019	Jun 30, 2024
VIRTU FINANCIAL LLC	1.16%	0.06%	72,992	50,380	222.80%	821,000	Jun 30, 2024
WOLVERINE ASSET MANAGEMENT LLC	5.49%	0.04%	344,113	83,626	32.10%	3,871,271	Jun 30, 2024
CLEAR STREET LLC	4.01%	0.03%	251,793	116,523	86.14%	2,833,000	Jun 30, 2024
DAKOTA WEALTH MANAGEMENT	0.17%	0.00%	10,600	-	-	119,250	Jun 30, 2024
PNC FINANCIAL SERVICES GROUP, INC.	1.04%	0.00%	65,000	-	-	731,250	Jun 30, 2024
COWEN AND COMPANY, LLC	-	-	-	-33,068	-100.00%	-	Jun 30, 2024
FIR TREE CAPITAL MANAGEMENT LP	-	-	-	-497,043	-100.00%	-	Jun 30, 2024
MIZUHO SECURITIES USA LLC	-	-	-	-94,828	-100.00%	-	Jun 30, 2024
METEORA CAPITAL, LLC	-	-	-	-15,332	-100.00%	-	Jun 30, 2024
QUARRY LP	-	-	-	-150,000	-100.00%	-	Jun 30, 2024

The largest Fortune Rise Acquisition shareholder by % of total assets is TUTTLE CAPITAL MANAGEMENT, LLC. The company owns 150.00K shares of Fortune Rise Acquisition (FRLA), representing 10.10% of its total assets.

Institutional Buyers

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
CENTIVA CAPITAL, LP	4.80%	0.06%	301,335	284,054	1643.74%	3,390,019	Jun 30, 2024
CRYSTALLINE MANAGEMENT INC.	2.39%	1.60%	150,000	150,000	100.00%	1,687,500	Jun 30, 2024
TUTTLE CAPITAL MANAGEMENT, LLC	2.39%	10.10%	150,000	150,000	100.00%	1,678,500	Jun 30, 2024
CLEAR STREET LLC	4.01%	0.03%	251,793	116,523	86.14%	2,833,000	Jun 30, 2024
WOLVERINE ASSET MANAGEMENT LLC	5.49%	0.04%	344,113	83,626	32.10%	3,871,271	Jun 30, 2024
K2 PRINCIPAL FUND, L.P.	2.47%	0.32%	154,990	54,991	54.99%	1,743,638	Jun 30, 2024
SPARTAN FUND MANAGEMENT INC.	1.36%	2.70%	85,399	54,099	172.84%	960,739	Jun 30, 2024
VIRTU FINANCIAL LLC	1.16%	0.06%	72,992	50,380	222.80%	821,000	Jun 30, 2024
SKYVIEW INVESTMENT ADVISORS, LLC	1.32%	0.17%	83,000	43,000	107.50%	934,000	Jun 30, 2024
PNC FINANCIAL SERVICES GROUP, INC.	1.04%	0.00%	65,000	-	-	731,250	Jun 30, 2024
DAKOTA WEALTH MANAGEMENT	0.17%	0.00%	10,600	-	-	119,250	Jun 30, 2024
YAKIRA CAPITAL MANAGEMENT, INC.	8.74%	2.25%	547,938	-	-	6,164,303	Jun 30, 2024
KARPUS MANAGEMENT, INC.	9.98%	0.20%	626,099	-1,475	-0.23%	7,043,614	Jun 30, 2024
METEORA CAPITAL, LLC	-	-	-	-15,332	-100.00%	-	Jun 30, 2024
COWEN AND COMPANY, LLC	-	-	-	-33,068	-100.00%	-	Jun 30, 2024
WESTCHESTER CAPITAL MANAGEMENT, LLC	3.45%	0.09%	216,510	-80,464	-27.09%	2,435,738	Jun 30, 2024
MIZUHO SECURITIES USA LLC	-	-	-	-94,828	-100.00%	-	Jun 30, 2024
QUARRY LP	-	-	-	-150,000	-100.00%	-	Jun 30, 2024
FIR TREE CAPITAL MANAGEMENT LP	-	-	-	-497,043	-100.00%	-	Jun 30, 2024

As of Jun 30 2024, Fortune Rise Acquisition's largest institutional buyer is CENTIVA CAPITAL, LP. The company purchased 284.05K stocks of FRLA, valued at $3.39M.

Institutional Sellers

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
FIR TREE CAPITAL MANAGEMENT LP	-	-	-	-497,043	-100.00%	-	Jun 30, 2024
QUARRY LP	-	-	-	-150,000	-100.00%	-	Jun 30, 2024
MIZUHO SECURITIES USA LLC	-	-	-	-94,828	-100.00%	-	Jun 30, 2024
WESTCHESTER CAPITAL MANAGEMENT, LLC	3.45%	0.09%	216,510	-80,464	-27.09%	2,435,738	Jun 30, 2024
COWEN AND COMPANY, LLC	-	-	-	-33,068	-100.00%	-	Jun 30, 2024
METEORA CAPITAL, LLC	-	-	-	-15,332	-100.00%	-	Jun 30, 2024
KARPUS MANAGEMENT, INC.	9.98%	0.20%	626,099	-1,475	-0.23%	7,043,614	Jun 30, 2024
YAKIRA CAPITAL MANAGEMENT, INC.	8.74%	2.25%	547,938	-	-	6,164,303	Jun 30, 2024
DAKOTA WEALTH MANAGEMENT	0.17%	0.00%	10,600	-	-	119,250	Jun 30, 2024
PNC FINANCIAL SERVICES GROUP, INC.	1.04%	0.00%	65,000	-	-	731,250	Jun 30, 2024
SKYVIEW INVESTMENT ADVISORS, LLC	1.32%	0.17%	83,000	43,000	107.50%	934,000	Jun 30, 2024
VIRTU FINANCIAL LLC	1.16%	0.06%	72,992	50,380	222.80%	821,000	Jun 30, 2024
SPARTAN FUND MANAGEMENT INC.	1.36%	2.70%	85,399	54,099	172.84%	960,739	Jun 30, 2024
K2 PRINCIPAL FUND, L.P.	2.47%	0.32%	154,990	54,991	54.99%	1,743,638	Jun 30, 2024
WOLVERINE ASSET MANAGEMENT LLC	5.49%	0.04%	344,113	83,626	32.10%	3,871,271	Jun 30, 2024
CLEAR STREET LLC	4.01%	0.03%	251,793	116,523	86.14%	2,833,000	Jun 30, 2024
TUTTLE CAPITAL MANAGEMENT, LLC	2.39%	10.10%	150,000	150,000	100.00%	1,678,500	Jun 30, 2024
CRYSTALLINE MANAGEMENT INC.	2.39%	1.60%	150,000	150,000	100.00%	1,687,500	Jun 30, 2024
CENTIVA CAPITAL, LP	4.80%	0.06%	301,335	284,054	1643.74%	3,390,019	Jun 30, 2024

As of Jun 30 2024, Fortune Rise Acquisition's biggest institutional seller is FIR TREE CAPITAL MANAGEMENT LP. The company sold -0.50M shares of FRLA, valued at -.

Institutional New positions

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
CRYSTALLINE MANAGEMENT INC.	2.39%	1.60%	150,000	150,000	100.00%	1,687,500	Jun 30, 2024
TUTTLE CAPITAL MANAGEMENT, LLC	2.39%	10.10%	150,000	150,000	100.00%	1,678,500	Jun 30, 2024

Fortune Rise Acquisition's largest new institutional shareholder by number of shares is CRYSTALLINE MANAGEMENT INC., purchased 150.00K shares, valued at $1.69M, as of undefined.

Institutional Sold Out

Name	% Total Shares	% Total Assets	Current Shares	Change Amount	Change %	Market Value	Date
FIR TREE CAPITAL MANAGEMENT LP	-	-	-	-497,043	-100.00%	-	Jun 30, 2024
QUARRY LP	-	-	-	-150,000	-100.00%	-	Jun 30, 2024
MIZUHO SECURITIES USA LLC	-	-	-	-94,828	-100.00%	-	Jun 30, 2024
COWEN AND COMPANY, LLC	-	-	-	-33,068	-100.00%	-	Jun 30, 2024
METEORA CAPITAL, LLC	-	-	-	-15,332	-100.00%	-	Jun 30, 2024

Fortune Rise Acquisition's largest sold out institutional shareholder by shares sold is FIR TREE CAPITAL MANAGEMENT LP, sold -0.50M shares, valued at -, as of undefined.

Fortune Rise Acquisition Mutual Fund Holders

Name	% Total Assets	Total Shares	Change Amount	Change %	Date
Virtus Event Opportunities Trust	0.06%	152,207	-	-	Mar 28, 2024
Saba Capital Income & Opportunities Fund	0.01%	29,156	-	-	Jan 31, 2024
PRINCIPAL FUNDS, INC.	0.00%	22,988	-	-	Feb 29, 2024

Fortune Rise Acquisition's largest mutual fund holder by % of total assets is "Virtus Event Opportunities Trust", owning 152.21K shares, compromising 0.06% of its total assets.

Fortune Rise Acquisition Institutional Ownership Trends

Institutional Holdings Trend

Date	Holdings	Change %
30 Jun, 24	10	-41.18%
31 Mar, 24	17	-5.56%
31 Dec, 23	18	-21.74%
30 Sep, 23	23	4.55%
30 Jun, 23	22	-38.89%
31 Mar, 23	36	-
31 Dec, 22	36	-
30 Sep, 22	36	-
30 Jun, 22	36	2.86%
31 Mar, 22	35	218.18%
31 Dec, 21	11	-

As of 30 Jun 24, 10 institutions are holding Fortune Rise Acquisition's shares, representing a decrease of -41.18% compared to the previous quarter.

Shares Outstanding Trend

Date	Shares Outstanding	Change %
30 Jun, 24	2,303,934	-21.78%
31 Mar, 24	2,945,306	4.85%
31 Dec, 23	2,809,027	-19.14%
30 Sep, 23	3,473,841	4.99%
30 Jun, 23	3,308,859	-60.86%
31 Mar, 23	8,454,940	0.16%
31 Dec, 22	8,441,737	7.18%
30 Sep, 22	7,876,483	1.89%
30 Jun, 22	7,730,657	10.65%
31 Mar, 22	6,986,788	127.93%
31 Dec, 21	3,065,329	-

Fortune Rise Acquisition (FRLA) has 2.30M shares outstanding as of 30 Jun 24, down -21.78% compared to the previous quarter.

Institutional Ownership Trend

Date	Ownership %	Change %
30 Jun, 24	36.73%	3.12%
31 Mar, 24	34.30%	1.97%
31 Dec, 23	41.77%	0.33%
30 Sep, 23	111.73%	0.99%
30 Jun, 23	106.42%	0.14%
31 Mar, 23	271.93%	0.37%
31 Dec, 22	271.50%	0.42%
30 Sep, 22	253.32%	0.41%
30 Jun, 22	248.63%	0.49%
31 Mar, 22	224.71%	2.31%
31 Dec, 21	98.59%	-

As of 30 Jun 24, Fortune Rise Acquisition is held by 36.73% institutional shareholders, representing a 3.12% growth compared to 31 Mar 24.

Institutional Increased Positions Trend

Date	Increased Positions	Change %
30 Jun, 24	6	-14.29%
31 Mar, 24	7	75.00%
31 Dec, 23	4	-42.86%
30 Sep, 23	7	-
30 Jun, 23	7	-36.36%
31 Mar, 23	11	22.22%
31 Dec, 22	9	-25.00%
30 Sep, 22	12	-25.00%
30 Jun, 22	16	-46.67%
31 Mar, 22	30	172.73%
31 Dec, 21	11	-

6 institutional shareholders have increased their position in FRLA stock as of 30 Jun 24 compared to 7 in the previous quarter (a -14.29% decrease).

Institutional Reduced Positions Trend

Date	Reduced Positions	Change %
30 Jun, 24	1	-50.00%
31 Mar, 24	2	-66.67%
31 Dec, 23	6	20.00%
30 Sep, 23	5	-37.50%
30 Jun, 23	8	-20.00%
31 Mar, 23	10	100.00%
31 Dec, 22	5	66.67%
30 Sep, 22	3	-
30 Jun, 22	3	50.00%
31 Mar, 22	2	-
31 Dec, 21	-	-

1 institutional shareholders have reduced their position in FRLA stock as of 30 Jun 24 compared to 2 in the previous quarter (a -50.00% decrease).

All Institutional Ownership Trend Data

Date	Holdings	Change %	Shares Outstanding	Change %	Ownership %	Change %	Increased Positions	Change %	Reduced Positions	Change %
30 Jun, 24	10	-41.18%	2,303,934	-21.78%	36.73%	3.12%	6	-14.29%	1	-50.00%
31 Mar, 24	17	-5.56%	2,945,306	4.85%	34.30%	1.97%	7	75.00%	2	-66.67%
31 Dec, 23	18	-21.74%	2,809,027	-19.14%	41.77%	0.33%	4	-42.86%	6	20.00%
30 Sep, 23	23	4.55%	3,473,841	4.99%	111.73%	0.99%	7	-	5	-37.50%
30 Jun, 23	22	-38.89%	3,308,859	-60.86%	106.42%	0.14%	7	-36.36%	8	-20.00%
31 Mar, 23	36	-	8,454,940	0.16%	271.93%	0.37%	11	22.22%	10	100.00%
31 Dec, 22	36	-	8,441,737	7.18%	271.50%	0.42%	9	-25.00%	5	66.67%
30 Sep, 22	36	-	7,876,483	1.89%	253.32%	0.41%	12	-25.00%	3	-
30 Jun, 22	36	2.86%	7,730,657	10.65%	248.63%	0.49%	16	-46.67%	3	50.00%
31 Mar, 22	35	218.18%	6,986,788	127.93%	224.71%	2.31%	30	172.73%	2	-
31 Dec, 21	11	-	3,065,329	-	98.59%	-	11	-	-	-

Fortune Rise Acquisition Insider Shareholders Trades

Open Market Insider Trades

Date	Name	Relation	Role	Transaction	Buy/Sell	Shares	Price	Value	Shares Held
May 17, 2023	Saba Capital Management, L.P.	10 percent owner	-	S-Sale	Sell	500	$10.71	$5.36K	730,658
May 17, 2023	Saba Capital Management, L.P.	10 percent owner	-	S-Sale	Sell	100,100	$10.71	$1.07M	630,558
Apr 19, 2023	Saba Capital Management, L.P.	10 percent owner	-	S-Sale	Sell	1,550	$10.73	$16.63K	731,158
Jan 12, 2023	Xu Lei	director	-	S-Sale	Sell	114,800	$0.01	$1.17K	23,200
Jan 12, 2023	Ma Yuanmei	officer	Chief Financial Officer	S-Sale	Sell	98,800	$0.01	$1.01K	23,200
Jan 12, 2023	Davidov Michael	director	-	S-Sale	Sell	10,000	$0.01	$102.00	10,000
Jan 12, 2023	Kristoff Norman C	director	-	S-Sale	Sell	10,000	$0.01	$102.00	10,000
Jan 12, 2023	Li David Xianglin	director	-	S-Sale	Sell	10,000	$0.01	$102.00	10,000
Jan 12, 2023	Huang Lei	officer	Chief Executive Officer	S-Sale	Sell	98,800	$0.01	$1.01K	23,200

Open Market Insider Buys

Date	Name	Relation	Role	Transaction	Buy/Sell	Shares	Price	Value	Shares Held	Source

Insider Sells

Date	Name	Relation	Role	Transaction	Buy/Sell	Shares	Price	Value	Shares Held
Nov 07, 2023	Fortune Rise Sponsor LLC	10 percent owner	-	J-Other	Sell	60,000	-	-	2,283,750
Jun 05, 2023	Saba Capital Management, L.P.	10 percent owner	-	D-Return	Sell	545,734	$10.72	$5.85M	84,824
May 17, 2023	Saba Capital Management, L.P.	10 percent owner	-	S-Sale	Sell	500	$10.71	$5.36K	730,658
May 17, 2023	Saba Capital Management, L.P.	10 percent owner	-	S-Sale	Sell	100,100	$10.71	$1.07M	630,558
Apr 19, 2023	Saba Capital Management, L.P.	10 percent owner	-	S-Sale	Sell	1,550	$10.73	$16.63K	731,158
Jan 12, 2023	Xu Lei	director	-	S-Sale	Sell	114,800	$0.01	$1.17K	23,200
Jan 12, 2023	Ma Yuanmei	officer	Chief Financial Officer	S-Sale	Sell	98,800	$0.01	$1.01K	23,200
Jan 12, 2023	Davidov Michael	director	-	S-Sale	Sell	10,000	$0.01	$102.00	10,000
Jan 12, 2023	Kristoff Norman C	director	-	S-Sale	Sell	10,000	$0.01	$102.00	10,000
Jan 12, 2023	Li David Xianglin	director	-	S-Sale	Sell	10,000	$0.01	$102.00	10,000
Jan 12, 2023	Huang Lei	officer	Chief Executive Officer	S-Sale	Sell	98,800	$0.01	$1.01K	23,200

All Insider Owners Trades

Date	Name	Relation	Role	Transaction	Buy/Sell	Shares	Price	Value	Shares Held
Jun 05, 2024	Yakira Capital Management, Inc.	10 percent owner	-		Buy	-	-	-	547,938
Jan 05, 2024	Vuillemot Beau	director			Buy	-	-	-	-
Dec 29, 2023	Radu Zachary C.	10 percent owner	-		Buy	-	-	-	520,075
Dec 29, 2023	Radu Zachary C.	10 percent owner	-		Buy	2,445,000	-	-	-
Nov 07, 2023	SPICK RYAN	director	-	A-Award	Buy	10,000	-	-	10,000
Nov 07, 2023	Goodman Philip	director	-	A-Award	Buy	20,000	-	-	20,000
Nov 07, 2023	POLLACK RONALD JAY	director	-	A-Award	Buy	30,000	-	-	30,000
Nov 07, 2023	Fortune Rise Sponsor LLC	10 percent owner	-	J-Other	Sell	60,000	-	-	2,283,750
Jun 05, 2023	Saba Capital Management, L.P.	10 percent owner	-	D-Return	Sell	545,734	$10.72	$5.85M	84,824
May 17, 2023	Saba Capital Management, L.P.	10 percent owner	-	S-Sale	Sell	500	$10.71	$5.36K	730,658
May 17, 2023	Saba Capital Management, L.P.	10 percent owner	-	S-Sale	Sell	100,100	$10.71	$1.07M	630,558
Apr 19, 2023	Saba Capital Management, L.P.	10 percent owner	-	S-Sale	Sell	1,550	$10.73	$16.63K	731,158
Apr 17, 2023	Saba Capital Management, L.P.	10 percent owner	-		Buy	-	-	-	732,708
Mar 17, 2023	Goodman Philip	director			Buy	-	-	-	-
Jan 12, 2023	Xu Lei	director	-	S-Sale	Sell	114,800	$0.01	$1.17K	23,200
Jan 12, 2023	Ma Yuanmei	officer	Chief Financial Officer	S-Sale	Sell	98,800	$0.01	$1.01K	23,200
Jan 12, 2023	Davidov Michael	director	-	S-Sale	Sell	10,000	$0.01	$102.00	10,000
Jan 12, 2023	Kristoff Norman C	director	-	S-Sale	Sell	10,000	$0.01	$102.00	10,000
Jan 12, 2023	Li David Xianglin	director	-	S-Sale	Sell	10,000	$0.01	$102.00	10,000
Jan 12, 2023	Huang Lei	officer	Chief Executive Officer	S-Sale	Sell	98,800	$0.01	$1.01K	23,200

The last insider sell of Fortune Rise Acquisition's stock was made by Fortune Rise Sponsor LLC on Nov 07 2023, selling 60,000 shares at - per share (valued at -).

Fortune Rise Acquisition Insider Ownership Trends

All Insider Trades Trend

Date	Buy	Sell	Buy/Sell Ratio
Q2 2023	-	3	-
Q1 2023	-	-	-
Q4 2022	-	6	-
Q4 2021	3	7	42.86%

0 total buy trades, and 3 total sell trades (buy/sell ratio of 0.00%) were made by Fortune Rise Acquisition's insiders, as of Q2 2023.

Open Market Insider Trades Trend

Date	Buy	Sell	Buy/Sell Ratio
Q2 2023	-	3	-
Q1 2023	-	-	-
Q4 2022	-	6	-
Q4 2021	3	-	-

As of Q2 2023, Insider owners conducted 0 open market buy trades and 3 open market sell trades of Fortune Rise Acquisition's stocks.

Fortune Rise Acquisition Peer Ownership

Ticker	Company
ENCP	Graphjet Technology Sdn. Bhd.
DTOC	American Oncology Network, Inc.
LGVC	LAMF Global Ventures Corp. I
GENQ	Genesis Unicorn Capital Corp.
ITAQ	Industrial Tech Acquisitions II, Inc.
CPAA	Advantage Solutions Inc.

FRLA Ownership FAQ

Who Owns Fortune Rise Acquisition?

Fortune Rise Acquisition is owned by institutional shareholders (36.73%), insiders (0.00%), and public (63.27%). The largest institutional shareholder of Fortune Rise Acquisition is KARPUS MANAGEMENT, INC. (9.98% of total shares) and the top mutual fund owner is Virtus Event Opportunities Trust (0.06% of total shares).

Who are the major institutional shareholders of Fortune Rise Acquisition?

Fortune Rise Acquisition's major institutional shareholders are KARPUS MANAGEMENT, INC., YAKIRA CAPITAL MANAGEMENT, INC., WOLVERINE ASSET MANAGEMENT LLC, CENTIVA CAPITAL, LP, and CLEAR STREET LLC. The top five shareholders own together 33.03% of the company's share outstanding.

How many Fortune Rise Acquisition shareholders are there?

As of Jun 2024, there are 10 institutional shareholders of Fortune Rise Acquisition.

What percentage of Fortune Rise Acquisition is owned by KARPUS MANAGEMENT, INC?

KARPUS MANAGEMENT, INC owns 626.1K shares of Fortune Rise Acquisition, representing 9.98% of the company's total shares outstanding, valued at $7.04M (as of Jun 2024).

What percentage of Fortune Rise Acquisition is owned by YAKIRA CAPITAL MANAGEMENT, INC?

As of Jun 2024, YAKIRA CAPITAL MANAGEMENT, INC holds 547.94K shares of Fortune Rise Acquisition (FRLA), compromising 8.74% of the company, valued at $6.16M.

What percentage of Fortune Rise Acquisition is owned by WOLVERINE ASSET MANAGEMENT LLC?

WOLVERINE ASSET MANAGEMENT LLC is the third largest holder of Fortune Rise Acquisition. The company owns 344.11K of the company's shares outstanding (worth $3.87M).